Two Sigma Investments LP Has $544,000 Stake in Hafnia Limited (NYSE:HAFN)

Two Sigma Investments LP lessened its stake in Hafnia Limited (NYSE:HAFN - Free Report) by 71.2% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 97,586 shares of the company's stock after selling 240,876 shares during the quarter. Two Sigma Investments LP's holdings in Hafnia were worth $544,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in the stock. WealthCollab LLC acquired a new position in Hafnia during the 4th quarter worth approximately $28,000. Wells Fargo & Company MN boosted its stake in shares of Hafnia by 7,756.1% during the 4th quarter. Wells Fargo & Company MN now owns 18,776 shares of the company's stock worth $105,000 after acquiring an additional 18,537 shares during the period. Callan Capital LLC bought a new position in shares of Hafnia in the fourth quarter valued at about $112,000. Virtu Financial LLC acquired a new stake in Hafnia during the fourth quarter worth approximately $117,000. Finally, Numerai GP LLC acquired a new position in Hafnia in the 4th quarter valued at $123,000.

Hafnia Price Performance

Shares of HAFN traded up $0.15 during trading hours on Thursday, reaching $5.38. The stock had a trading volume of 1,503,991 shares, compared to its average volume of 1,892,313. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.52 and a current ratio of 1.70. Hafnia Limited has a 12 month low of $3.61 and a 12 month high of $8.44. The stock has a market capitalization of $2.73 billion, a PE ratio of 3.16 and a beta of 0.95. The company's 50-day moving average is $4.77 and its two-hundred day moving average is $4.97.

Hafnia (NYSE:HAFN - Get Free Report) last released its quarterly earnings results on Thursday, May 15th. The company reported $0.13 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.12 by $0.01. Hafnia had a net margin of 53.44% and a return on equity of 36.90%. The firm had revenue of $340.34 million during the quarter, compared to the consensus estimate of $250.80 million.

Hafnia Dividend Announcement

The company also recently disclosed a dividend, which was paid on Wednesday, June 4th. Shareholders of record on Monday, May 26th were paid a $0.1015 dividend. The ex-dividend date was Friday, May 23rd. This represents a yield of 7.59%. Hafnia's dividend payout ratio (DPR) is presently 33.06%.

Wall Street Analyst Weigh In

Separately, Fearnley Fonds raised Hafnia to a "strong-buy" rating in a report on Tuesday, May 6th.

About Hafnia

Hafnia Limited owns and operates oil product tankers in Bermuda. It operates through Long Range II, Long Range I, Medium Range (MR), Handy size, and Specialized segments. The company transports clean and dirty, refined oil products, vegetable oil, and easy chemicals to national and international oil companies, and chemical companies, as well as trading and utility companies; and owns and operates 200 vessels.