HF Foods Group Inc. (NASDAQ:HFFG) Shares Acquired by JPMorgan Chase & Co.

JPMorgan Chase & Co. boosted its holdings in shares of HF Foods Group Inc. (NASDAQ:HFFG - Free Report) by 100.2% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 150,504 shares of the company's stock after purchasing an additional 75,319 shares during the quarter. JPMorgan Chase & Co. owned approximately 0.29% of HF Foods Group worth $483,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Prudential Financial Inc. bought a new stake in HF Foods Group in the fourth quarter valued at about $42,000. Intech Investment Management LLC acquired a new position in shares of HF Foods Group in the 4th quarter worth approximately $42,000. SG Americas Securities LLC increased its holdings in shares of HF Foods Group by 41.4% in 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 last quarter. Barclays PLC raised its position in shares of HF Foods Group by 291.8% during the 3rd quarter. Barclays PLC now owns 56,685 shares of the company's stock valued at $203,000 after acquiring an additional 42,217 shares in the last quarter. Finally, 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 during the last quarter. 24.02% of the stock is currently owned by hedge funds and other institutional investors.

HF Foods Group Stock Performance

HFFG stock traded up $0.25 during trading on Tuesday, hitting $3.99. 90,951 shares of the company's stock traded hands, compared to its average volume of 84,877. The stock has a market capitalization of $210.42 million, a price-to-earnings ratio of -133.00 and a beta of 0.58. HF Foods Group Inc. has a 52 week low of $1.70 and a 52 week high of $4.93. The stock has a fifty day moving average price of $3.50 and a two-hundred day moving average price of $3.26. The company has a quick ratio of 0.45, a current ratio of 1.18 and a debt-to-equity ratio of 0.43.

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