Segall Bryant & Hamill LLC Takes Position in Hf Foods Group Inc. (NASDAQ:HFFG)

Segall Bryant & Hamill LLC purchased a new stake in shares of Hf Foods Group Inc. (NASDAQ:HFFG - Free Report) in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 139,030 shares of the company's stock, valued at approximately $681,000. Segall Bryant & Hamill LLC owned about 0.26% of Hf Foods Group at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of HFFG. Intech Investment Management LLC purchased a new position in Hf Foods Group during the 4th quarter worth $42,000. Prudential Financial Inc. purchased a new position in Hf Foods Group during the 4th quarter worth $42,000. JPMorgan Chase & Co. increased its holdings in Hf Foods Group by 100.2% during the 4th quarter. JPMorgan Chase & Co. now owns 150,504 shares of the company's stock worth $483,000 after purchasing an additional 75,319 shares during the period. Wells Fargo & Company MN increased its holdings in Hf Foods Group by 29.3% during the 4th quarter. Wells Fargo & Company MN now owns 23,631 shares of the company's stock worth $76,000 after purchasing an additional 5,348 shares during the period. Finally, Barclays PLC increased its holdings in Hf Foods Group by 8.2% during the 4th quarter. Barclays PLC now owns 61,350 shares of the company's stock worth $197,000 after purchasing an additional 4,665 shares during the period. 24.02% of the stock is owned by institutional investors.

Hf Foods Group Stock Performance

HFFG stock remained flat at $3.00 on Tuesday. The company had a trading volume of 31,596 shares, compared to its average volume of 92,431. Hf Foods Group Inc. has a 1 year low of $1.70 and a 1 year high of $4.93. The stock's 50-day simple moving average is $3.55 and its 200 day simple moving average is $3.29. The company has a current ratio of 1.19, a quick ratio of 0.52 and a debt-to-equity ratio of 0.54. The firm has a market capitalization of $159.03 million, a PE ratio of -3.24 and a beta of 0.54.

Hf Foods Group (NASDAQ:HFFG - Get Free Report) last announced its earnings results on Monday, May 12th. The company reported $0.07 earnings per share for the quarter, missing the consensus estimate of $0.13 by ($0.06). Hf Foods Group had a positive return on equity of 5.33% and a negative net margin of 4.11%. The business had revenue of $298.43 million for the quarter, compared to analysts' expectations of $303.68 million. Sell-side analysts expect that Hf Foods Group Inc. will post 0.22 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of research analysts have recently issued reports on HFFG shares. Wall Street Zen downgraded Hf Foods Group from a "strong-buy" rating to a "buy" rating in a report on Saturday, July 5th. Roth Capital assumed coverage on Hf Foods Group in a report on Friday, May 9th. They issued a "buy" rating and a $7.00 price target on the stock.

Hf Foods Group Profile

HF Foods Group Inc, through its subsidiaries, markets and distributes Asian specialty food, seafood, fresh produce, frozen and dry food, and non-food products to Asian and Chinese restaurants, and other foodservice customers in the United States. The company offers seafood, including lobsters, shrimp, crabs, scallops, and fish; Asian specialty food items, including noodles, rice, dried mushrooms and beans, sauces and seasonings, and spring rolls, as well as canned products, such as preserved vegetables, bamboo shoots, and water chestnuts; and meat and poultry products, including beef, pork, chicken, and duck.