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

Two Sigma Investments LP lowered its holdings in Hafnia Limited (NYSE:HAFN - Free Report) by 71.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor 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 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently bought and sold shares of the company. WealthCollab LLC acquired a new position in Hafnia in the fourth quarter worth $28,000. Wells Fargo & Company MN boosted its stake in Hafnia by 7,756.1% in the fourth quarter. Wells Fargo & Company MN now owns 18,776 shares of the company's stock worth $105,000 after purchasing an additional 18,537 shares in the last quarter. Callan Capital LLC acquired a new position in Hafnia in the fourth quarter worth $112,000. Virtu Financial LLC acquired a new position in Hafnia in the fourth quarter worth $117,000. Finally, Numerai GP LLC acquired a new position in Hafnia in the fourth quarter worth $123,000.

Analysts Set New Price Targets

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

Hafnia Trading Up 2.5%

HAFN stock opened at $5.26 on Monday. The company has a market cap of $2.67 billion, a P/E ratio of 3.09 and a beta of 0.95. Hafnia Limited has a twelve month low of $3.61 and a twelve month high of $8.44. The company has a quick ratio of 1.52, a current ratio of 1.70 and a debt-to-equity ratio of 0.34. The business has a fifty day moving average of $4.69 and a 200-day moving average of $4.97.

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

Hafnia Dividend Announcement

The company also recently announced a dividend, which was paid on Wednesday, June 4th. Stockholders of record on Monday, May 26th were given a dividend of $0.1015 per share. The ex-dividend date was Friday, May 23rd. This represents a dividend yield of 7.59%. Hafnia's payout ratio is currently 33.06%.

Hafnia Profile

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.

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