28,632 Shares in Hafnia Limited (NYSE:HAFN) Acquired by Amundi

Amundi purchased a new position in Hafnia Limited (NYSE:HAFN) during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 28,632 shares of the company’s stock, valued at approximately $159,000.

Several other hedge funds and other institutional investors also recently bought and sold shares of HAFN. SJS Investment Consulting Inc. acquired a new position in Hafnia in the 4th quarter worth approximately $89,000. Clear Harbor Asset Management LLC acquired a new position in Hafnia in the 4th quarter worth approximately $92,000. Callan Capital LLC acquired a new position in Hafnia in the 4th quarter worth approximately $112,000. Infrastructure Capital Advisors LLC acquired a new position in Hafnia in the 3rd quarter worth approximately $119,000. Finally, DGS Capital Management LLC acquired a new position in Hafnia in the 3rd quarter worth approximately $121,000.

Hafnia Trading Down 2.1 %

Hafnia stock opened at $4.43 on Friday. The company has a current ratio of 1.70, a quick ratio of 1.52 and a debt-to-equity ratio of 0.34. Hafnia Limited has a 12 month low of $3.91 and a 12 month high of $8.99. The stock’s 50 day simple moving average is $4.96 and its two-hundred day simple moving average is $5.76. The firm has a market cap of $2.24 billion and a PE ratio of 2.60.

Hafnia Cuts Dividend

The business also recently disclosed 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 annualized dividend and a yield of 2.66%. Hafnia’s dividend payout ratio is presently 7.28%.

Analyst Ratings Changes

Separately, Jefferies Financial Group cut their price target on shares of Hafnia from $8.00 to $6.50 and set a “buy” rating on the stock in a report on Tuesday, December 17th.

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.