Hanmi Financial Co. (NASDAQ:HAFC) Shares Sold by Jane Street Group LLC

Jane Street Group LLC trimmed its holdings in shares of Hanmi Financial Co. (NASDAQ:HAFC - Free Report) by 83.5% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 9,882 shares of the bank's stock after selling 50,169 shares during the quarter. Jane Street Group LLC's holdings in Hanmi Financial were worth $233,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of HAFC. Empowered Funds LLC increased its holdings in Hanmi Financial by 5.1% during the fourth quarter. Empowered Funds LLC now owns 108,704 shares of the bank's stock valued at $2,568,000 after buying an additional 5,258 shares during the period. Savant Capital LLC increased its holdings in Hanmi Financial by 4.4% during the fourth quarter. Savant Capital LLC now owns 18,243 shares of the bank's stock valued at $431,000 after buying an additional 776 shares during the period. Principal Financial Group Inc. increased its holdings in Hanmi Financial by 4.0% during the fourth quarter. Principal Financial Group Inc. now owns 170,942 shares of the bank's stock valued at $4,038,000 after buying an additional 6,643 shares during the period. New York State Common Retirement Fund increased its holdings in Hanmi Financial by 17.0% during the fourth quarter. New York State Common Retirement Fund now owns 8,257 shares of the bank's stock valued at $195,000 after buying an additional 1,200 shares during the period. Finally, Ieq Capital LLC increased its holdings in Hanmi Financial by 34.0% during the fourth quarter. Ieq Capital LLC now owns 63,495 shares of the bank's stock valued at $1,500,000 after buying an additional 16,102 shares during the period. 88.66% of the stock is owned by hedge funds and other institutional investors.

Hanmi Financial Stock Up 2.6%

HAFC stock traded up $0.59 during trading on Friday, hitting $23.33. 129,784 shares of the company's stock traded hands, compared to its average volume of 201,161. The business has a fifty day simple moving average of $22.54 and a two-hundred day simple moving average of $23.34. The company has a quick ratio of 0.99, a current ratio of 1.00 and a debt-to-equity ratio of 0.54. Hanmi Financial Co. has a 1 year low of $14.97 and a 1 year high of $27.59. The firm has a market capitalization of $704.85 million, a P/E ratio of 11.38 and a beta of 0.73.

Hanmi Financial (NASDAQ:HAFC - Get Free Report) last released its quarterly earnings results on Tuesday, April 22nd. The bank reported $0.58 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.57 by $0.01. Hanmi Financial had a net margin of 14.45% and a return on equity of 8.64%. The business had revenue of $62.82 million for the quarter, compared to analyst estimates of $63.45 million. Sell-side analysts anticipate that Hanmi Financial Co. will post 2.6 EPS for the current year.

Hanmi Financial Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, May 21st. Stockholders of record on Monday, May 5th were paid a dividend of $0.27 per share. The ex-dividend date of this dividend was Monday, May 5th. This represents a $1.08 annualized dividend and a dividend yield of 4.63%. Hanmi Financial's payout ratio is currently 50.70%.

Hanmi Financial Profile

Hanmi Financial Corporation operates as the holding company for Hanmi Bank that provides business banking products and services in the United States. It offers various deposit products, including noninterest-bearing checking accounts, savings accounts, negotiable order of withdrawal accounts, money market accounts, and certificates of deposit.