JPMorgan Chase & Co. Boosts Stock Position in HF Foods Group Inc. (NASDAQ:HFFG)

JPMorgan Chase & Co. boosted its stake in HF Foods Group Inc. (NASDAQ:HFFG - Free Report) by 100.2% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 150,504 shares of the company's stock after buying an additional 75,319 shares during the period. JPMorgan Chase & Co. owned approximately 0.29% of HF Foods Group worth $483,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of HFFG. State Street Corp lifted its stake in HF Foods Group by 0.4% during the third quarter. State Street Corp now owns 762,836 shares of the company's stock worth $2,723,000 after purchasing an additional 3,155 shares in the last quarter. Geode Capital Management LLC lifted its stake in HF Foods Group by 0.4% during the 3rd quarter. Geode Capital Management LLC now owns 922,061 shares of the company's stock worth $3,292,000 after acquiring an additional 3,815 shares in the last quarter. SG Americas Securities LLC boosted its holdings in HF Foods Group by 41.4% during the 4th quarter. SG Americas Securities LLC now owns 19,418 shares of the company's stock valued at $62,000 after acquiring an additional 5,686 shares during the period. Prudential Financial Inc. acquired a new position in HF Foods Group in the 4th quarter valued at about $42,000. Finally, Intech Investment Management LLC acquired a new stake in shares of HF Foods Group during the fourth quarter worth about $42,000. Institutional investors and hedge funds own 24.02% of the company's stock.

HF Foods Group Stock Up 2.6 %

Shares of HFFG stock traded up $0.10 during trading on Friday, reaching $3.90. The company's stock had a trading volume of 211,136 shares, compared to its average volume of 84,157. 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 moving average price is $3.42 and its 200 day moving average price is $3.26. The company has a market capitalization of $205.68 million, a price-to-earnings ratio of -130.00 and a beta of 0.46. The company has a debt-to-equity ratio of 0.43, a current ratio of 1.18 and a quick ratio of 0.45.

HF Foods Group (NASDAQ:HFFG - Get Free Report) last posted its quarterly earnings data on Thursday, March 13th. The company reported $0.11 earnings per share for the quarter, topping analysts' consensus estimates of $0.09 by $0.02. The business had revenue of $305.28 million for the quarter, compared to analyst estimates of $287.86 million. HF Foods Group had a positive return on equity of 6.96% and a negative net margin of 0.16%. On average, research analysts anticipate that HF Foods Group Inc. will post 0.22 EPS for the current year.

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.