Marshall Wace LLP Grows Position in Hafnia Limited (NYSE:HAFN)

Marshall Wace LLP grew its stake in Hafnia Limited (NYSE:HAFN - Free Report) by 1,775.4% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 2,124,012 shares of the company's stock after buying an additional 2,010,753 shares during the period. Marshall Wace LLP owned 0.42% of Hafnia worth $11,831,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently made changes to their positions in HAFN. Jane Street Group LLC boosted its position in shares of Hafnia by 671.7% during the 3rd quarter. Jane Street Group LLC now owns 257,427 shares of the company's stock valued at $1,833,000 after purchasing an additional 224,070 shares in the last quarter. Assenagon Asset Management S.A. acquired a new position in Hafnia in the fourth quarter valued at approximately $3,123,000. Virtu Financial LLC bought a new position in shares of Hafnia during the 4th quarter worth approximately $117,000. DGS Capital Management LLC grew its position in shares of Hafnia by 1,084.9% during the 4th quarter. DGS Capital Management LLC now owns 200,797 shares of the company's stock worth $1,118,000 after buying an additional 183,850 shares during the period. Finally, Amundi bought a new stake in shares of Hafnia in the 4th quarter valued at $159,000.

Hafnia Stock Up 0.4 %

Shares of Hafnia stock traded up $0.02 during trading on Friday, reaching $4.49. 1,114,061 shares of the company traded hands, compared to its average volume of 1,740,810. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.70 and a quick ratio of 1.52. The firm has a market capitalization of $2.28 billion and a PE ratio of 2.64. The company has a 50 day moving average price of $4.33 and a 200-day moving average price of $5.21. Hafnia Limited has a 1-year low of $3.61 and a 1-year high of $8.99.

Hafnia Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, March 18th. Investors 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 2.62%. 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.