Hanmi Financial Corporation (NASDAQ:HAFC) Shares Bought by Stieven Capital Advisors L.P.

Stieven Capital Advisors L.P. raised its position in Hanmi Financial Corporation (NASDAQ:HAFC - Free Report) by 9.2% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 608,076 shares of the bank's stock after purchasing an additional 51,323 shares during the quarter. Hanmi Financial accounts for approximately 2.7% of Stieven Capital Advisors L.P.'s portfolio, making the stock its 14th largest holding. Stieven Capital Advisors L.P. owned about 2.01% of Hanmi Financial worth $13,779,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of the company. Cerity Partners LLC raised its holdings in shares of Hanmi Financial by 24.0% in the 1st quarter. Cerity Partners LLC now owns 36,139 shares of the bank's stock worth $819,000 after purchasing an additional 6,988 shares during the period. Principal Financial Group Inc. raised its holdings in shares of Hanmi Financial by 2.6% during the 1st quarter. Principal Financial Group Inc. now owns 175,331 shares of the bank's stock valued at $3,973,000 after buying an additional 4,389 shares during the period. Allspring Global Investments Holdings LLC raised its holdings in shares of Hanmi Financial by 56.7% during the 1st quarter. Allspring Global Investments Holdings LLC now owns 25,112 shares of the bank's stock valued at $566,000 after buying an additional 9,091 shares during the period. SummerHaven Investment Management LLC raised its holdings in shares of Hanmi Financial by 1.3% during the 1st quarter. SummerHaven Investment Management LLC now owns 47,211 shares of the bank's stock valued at $1,070,000 after buying an additional 599 shares during the period. Finally, SG Americas Securities LLC raised its holdings in shares of Hanmi Financial by 1.9% during the 1st quarter. SG Americas Securities LLC now owns 25,406 shares of the bank's stock valued at $576,000 after buying an additional 480 shares during the period. 88.66% of the stock is currently owned by hedge funds and other institutional investors.

Hanmi Financial Stock Down 3.2%

Shares of NASDAQ:HAFC traded down $0.83 during mid-day trading on Tuesday, hitting $25.41. 133,112 shares of the company traded hands, compared to its average volume of 196,737. The firm has a market cap of $767.69 million, a P/E ratio of 11.93 and a beta of 0.73. The company has a debt-to-equity ratio of 0.33, a quick ratio of 0.98 and a current ratio of 0.98. Hanmi Financial Corporation has a 52-week low of $17.37 and a 52-week high of $27.59. The firm's 50 day simple moving average is $23.86 and its 200 day simple moving average is $23.17.

Hanmi Financial (NASDAQ:HAFC - Get Free Report) last posted its quarterly earnings data 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 return on equity of 8.84% and a net margin of 15.05%. The company had revenue of $62.82 million for the quarter, compared to the consensus estimate of $63.45 million. On average, equities analysts anticipate that Hanmi Financial Corporation will post 2.6 EPS for the current year.

Hanmi Financial Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, May 21st. Shareholders of record on Monday, May 5th were issued a dividend of $0.27 per share. The ex-dividend date was Monday, May 5th. This represents a $1.08 annualized dividend and a yield of 4.25%. Hanmi Financial's dividend payout ratio is presently 50.70%.

Hanmi Financial Company 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.