Vanguard Group Inc. increased its stake in shares of Hafnia Limited (NYSE:HAFN - Free Report) by 1.7% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 11,113,978 shares of the company's stock after purchasing an additional 190,352 shares during the period. Vanguard Group Inc. owned 2.19% of Hafnia worth $59,449,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Barclays PLC raised its holdings in shares of Hafnia by 72.7% during the third quarter. Barclays PLC now owns 2,734,506 shares of the company's stock valued at $19,580,000 after acquiring an additional 1,151,528 shares during the last quarter. Assenagon Asset Management S.A. acquired a new stake in Hafnia during the 4th quarter worth $3,123,000. Bank of New York Mellon Corp raised its position in shares of Hafnia by 100.4% in the fourth quarter. Bank of New York Mellon Corp now owns 573,825 shares of the company's stock valued at $3,196,000 after buying an additional 287,460 shares during the last quarter. Jane Street Group LLC lifted its stake in shares of Hafnia by 671.7% in the third quarter. Jane Street Group LLC now owns 257,427 shares of the company's stock worth $1,833,000 after buying an additional 224,070 shares in the last quarter. Finally, LPL Financial LLC purchased a new stake in Hafnia during the 4th quarter valued at about $1,049,000.
Hafnia Price Performance
Shares of Hafnia stock traded up $0.02 on Thursday, hitting $4.19. 357,768 shares of the company were exchanged, compared to its average volume of 2,897,342. The company has a quick ratio of 1.52, a current ratio of 1.70 and a debt-to-equity ratio of 0.34. The company has a 50-day moving average price of $4.44 and a 200 day moving average price of $5.33. The stock has a market capitalization of $2.12 billion and a price-to-earnings ratio of 2.46. Hafnia Limited has a 1-year low of $3.61 and a 1-year high of $8.99.
Hafnia Cuts Dividend
The business also recently declared a quarterly dividend, which was paid on Tuesday, March 18th. Stockholders of record on Friday, March 7th were issued a dividend of $0.0294 per share. The ex-dividend date was Friday, March 7th. This represents a $0.12 annualized dividend and a dividend yield of 2.81%. Hafnia's dividend payout ratio is presently 7.28%.
Hafnia Profile
(
Free Report)
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.
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