Skandinaviska Enskilda Banken AB publ Buys Shares of 515,727 Hafnia Limited (NYSE:HAFN)

Skandinaviska Enskilda Banken AB publ purchased a new position in Hafnia Limited (NYSE:HAFN) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 515,727 shares of the company’s stock, valued at approximately $4,327,000. Skandinaviska Enskilda Banken AB publ owned approximately 0.10% of Hafnia as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Acadian Asset Management LLC bought a new position in shares of Hafnia in the second quarter valued at $107,651,000. Hsbc Holdings PLC acquired a new position in Hafnia in the 2nd quarter worth about $24,514,000. DekaBank Deutsche Girozentrale bought a new position in Hafnia during the second quarter valued at approximately $23,646,000. Bank of New York Mellon Corp bought a new position in shares of Hafnia during the 2nd quarter valued at $2,421,000. Finally, Canada Pension Plan Investment Board bought a new position in Hafnia during the second quarter valued at about $860,000.

Hafnia Stock Down 4.4 %

Shares of Hafnia stock opened at $7.38 on Monday. The company has a debt-to-equity ratio of 0.40, a current ratio of 1.57 and a quick ratio of 1.39. The stock’s 50 day moving average is $7.64. Hafnia Limited has a 12-month low of $5.66 and a 12-month high of $8.99.

Hafnia (NYSE:HAFN) last posted its quarterly earnings data on Friday, August 23rd. The company reported $0.51 earnings per share for the quarter, topping the consensus estimate of $0.42 by $0.09. The business had revenue of $417.36 million for the quarter, compared to analyst estimates of $387.14 million. On average, analysts predict that Hafnia Limited will post 1.6 EPS for the current fiscal year.

Hafnia Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, September 13th. Investors of record on Tuesday, September 3rd were paid a $0.4049 dividend. This represents a $1.62 annualized dividend and a dividend yield of 21.95%. The ex-dividend date was Tuesday, September 3rd. This is a boost from Hafnia’s previous quarterly dividend of $0.34.

Hafnia Company Profile

Hafnia Limited is a tanker owner, transporting oil, oil products and chemicals for major national and international oil companies, chemical companies as well as trading and utility companies. Hafnia Limited is based in SINGAPORE.