LPL Financial LLC Acquires Shares of 188,392 Hafnia Limited (NYSE:HAFN)

LPL Financial LLC purchased a new stake in Hafnia Limited (NYSE:HAFN - Free Report) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 188,392 shares of the company's stock, valued at approximately $1,049,000.

A number of other institutional investors have also recently bought and sold shares of the stock. Barclays PLC lifted its position in shares of Hafnia by 72.7% in the third quarter. Barclays PLC now owns 2,734,506 shares of the company's stock worth $19,580,000 after purchasing an additional 1,151,528 shares in the last quarter. Assenagon Asset Management S.A. bought a new stake in shares of Hafnia in the fourth quarter worth $3,123,000. Bank of New York Mellon Corp increased its holdings in Hafnia by 100.4% during the fourth quarter. Bank of New York Mellon Corp now owns 573,825 shares of the company's stock worth $3,196,000 after buying an additional 287,460 shares during the last quarter. Swiss National Bank increased its holdings in Hafnia by 0.6% during the fourth quarter. Swiss National Bank now owns 555,852 shares of the company's stock worth $2,975,000 after buying an additional 3,578 shares during the last quarter. Finally, Jane Street Group LLC increased its holdings in Hafnia by 671.7% during 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 during the last quarter.

Hafnia Stock Up 1.7 %

HAFN traded up $0.08 during trading on Thursday, reaching $4.47. 262,738 shares of the stock were exchanged, compared to its average volume of 1,734,103. The stock has a market cap of $2.26 billion and a P/E ratio of 2.63. Hafnia Limited has a twelve month low of $3.61 and a twelve month high of $8.99. The stock's 50 day moving average price is $4.34 and its two-hundred day moving average price is $5.23. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.52 and a current ratio of 1.70.

Hafnia Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, March 18th. Investors of record on Friday, March 7th were issued a dividend of $0.0294 per share. The ex-dividend date of this dividend was Friday, March 7th. This represents a $0.12 dividend on an annualized basis and a yield of 2.63%. Hafnia's payout ratio is 7.28%.

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.