Legal & General Group Plc raised its holdings in shares of Hafnia Limited (NYSE:HAFN - Free Report) by 41.0% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 646,904 shares of the company's stock after buying an additional 188,152 shares during the period. Legal & General Group Plc owned about 0.13% of Hafnia worth $3,466,000 as of its most recent SEC filing.
A number of other large investors have also recently added to or reduced their stakes in the business. Swiss National Bank boosted its holdings in Hafnia by 0.6% during the fourth quarter. Swiss National Bank now owns 555,852 shares of the company's stock worth $2,975,000 after buying an additional 3,578 shares in the last quarter. Sigma Planning Corp boosted its holdings in Hafnia by 30.8% during the fourth quarter. Sigma Planning Corp now owns 36,950 shares of the company's stock worth $206,000 after buying an additional 8,700 shares in the last quarter. U S Global Investors Inc. boosted its holdings in Hafnia by 20.7% during the fourth quarter. U S Global Investors Inc. now owns 56,508 shares of the company's stock worth $300,000 after buying an additional 9,703 shares in the last quarter. SJS Investment Consulting Inc. bought a new stake in Hafnia during the fourth quarter worth approximately $89,000. Finally, Clear Harbor Asset Management LLC bought a new stake in Hafnia during the fourth quarter worth approximately $92,000.
Hafnia Trading Up 1.8 %
Hafnia stock traded up $0.08 during midday trading on Monday, reaching $4.57. The stock had a trading volume of 2,152,978 shares, compared to its average volume of 1,754,970. The firm's fifty day simple moving average is $4.30 and its two-hundred day simple moving average is $5.14. Hafnia Limited has a twelve month low of $3.61 and a twelve month high of $8.99. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.70 and a quick ratio of 1.52. The firm has a market cap of $2.32 billion and a price-to-earnings ratio of 2.69.
Hafnia Cuts Dividend
The business also recently announced a quarterly dividend, which was paid on Tuesday, March 18th. Shareholders of record on Friday, March 7th were given a $0.0294 dividend. The ex-dividend date was Friday, March 7th. This represents a $0.12 dividend on an annualized basis and a yield of 2.57%. Hafnia's payout ratio is 7.28%.
About Hafnia
(
Free Report)
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.
See Also
Before you consider Hafnia, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Hafnia wasn't on the list.
While Hafnia currently has a Strong Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Nuclear energy stocks are roaring. It's the hottest energy sector of the year. Cameco Corp, Paladin Energy, and BWX Technologies were all up more than 40% in 2024. The biggest market moves could still be ahead of us, and there are seven nuclear energy stocks that could rise much higher in the next several months. To unlock these tickers, enter your email address below.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
