2 weeks Ago By ABMN Staff
Renaissance Technologies LLC cut its holdings in Hanmi Financial Co. ( NASDAQ:HAFC – Free Report ) by 19.9% during the fourth quarter, Holdings Channel reports.
The institutional investor owned 185,252 shares of the bank’s stock after selling 46,120 shares during the period. Renaissance Technologies LLC’s holdings in Hanmi Financial were worth $4,376,000 as of its most recent SEC filing. A number of other institutional investors also recently bought and sold shares of HAFC.
JPMorgan Chase & Co. raised its position in shares of Hanmi Financial by 71.8% during the 3rd quarter.
JPMorgan Chase & Co. now owns 836,145 shares of the bank’s stock worth $15,552,000 after acquiring an additional 349,339 shares in the last quarter. American Century Companies Inc.
lifted its position in shares of Hanmi Financial by 13.0% during the 4th quarter. American Century Companies Inc.
now owns 743,466 shares of the bank’s stock worth $17,561,000 after buying an additional 85,425 shares during the last quarter. Bank of New York Mellon Corp boosted its holdings in shares of Hanmi Financial by 9.2% in the 4th quarter.
Bank of New York Mellon Corp now owns 489,126 shares of the bank’s stock valued at $11,553,000 after buying an additional 41,020 shares in the last quarter. Invesco Ltd. grew its position in shares of Hanmi Financial by 106.
8% in the 4th quarter. Invesco Ltd. now owns 403,586 shares of the bank’s stock valued at $9,533,000 after buying an additional 208,463 shares during the last quarter.
Finally, Royce & Associates LP raised its stake in Hanmi Financial by 2.1% during the 4th quarter. Royce & Associates LP now owns 196,860 shares of the bank’s stock worth $4,650,000 after acquiring an additional 4,058 shares in the last quarter.
88.66% of the stock is owned by hedge funds and other institutional investors. Hanmi Financial Stock Performance NASDAQ HAFC opened at $21.
58 on Tuesday. The business’s 50-day moving average price is $22.40 and its 200 day moving average price is $23.
22. The company has a quick ratio of 0.99, a current ratio of 1.
00 and a debt-to-equity ratio of 0.54. The firm has a market cap of $652.
45 million, a P/E ratio of 10.53 and a beta of 0.68.
Hanmi Financial Co. has a 52-week low of $14.55 and a 52-week high of $27.
59. Hanmi Financial Increases Dividend The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, February 26th. Shareholders of record on Monday, February 10th were issued a $0.
27 dividend. This represents a $1.08 dividend on an annualized basis and a yield of 5.
00%. The ex-dividend date of this dividend was Monday, February 10th. This is a positive change from Hanmi Financial’s previous quarterly dividend of $0.
25. Hanmi Financial’s payout ratio is currently 52.68%.
Analysts Set New Price Targets Separately, DA Davidson reiterated a “neutral” rating and set a $27.50 target price on shares of Hanmi Financial in a research report on Thursday, January 30th. Three equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company.
According to data from MarketBeat.com, Hanmi Financial has an average rating of “Hold” and an average target price of $25.75.
Check Out Our Latest Research Report on HAFC Hanmi Financial Company Profile ( Free Report ) Hanmi Financial Corporation operates as the holding company for Hanmi Bank that provides business banking products and services in the United States. It offers various deposit products, including noninterest-bearing checking accounts, savings accounts, negotiable order of withdrawal accounts, money market accounts, and certificates of deposit. See Also Want to see what other hedge funds are holding HAFC? Visit HoldingsChannel.
com to get the latest 13F filings and insider trades for Hanmi Financial Co. ( NASDAQ:HAFC – Free Report ). Receive News & Ratings for Hanmi Financial Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hanmi Financial and related companies with MarketBeat.
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