Mirabella Financial Services LLP Takes Position in Hafnia Limited (NYSE:HAFN)

Mirabella Financial Services LLP acquired a new stake in Hafnia Limited (NYSE:HAFN - Free Report) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 445,992 shares of the company's stock, valued at approximately $3,175,000. Mirabella Financial Services LLP owned 0.09% of Hafnia as of its most recent SEC filing.

Several other large investors have also bought and sold shares of HAFN. Mondrian Investment Partners LTD bought a new stake in shares of Hafnia during the 2nd quarter valued at about $43,000. Allspring Global Investments Holdings LLC acquired a new stake in Hafnia in the second quarter valued at approximately $60,000. Prudential PLC acquired a new stake in Hafnia in the second quarter valued at approximately $100,000. TD Asset Management Inc acquired a new stake in shares of Hafnia in the 2nd quarter worth about $148,000. Finally, XTX Topco Ltd purchased a new stake in shares of Hafnia in the second quarter worth approximately $183,000.

Wall Street Analysts Forecast Growth

Separately, Jefferies Financial Group reduced their price objective on Hafnia from $9.00 to $8.00 and set a "buy" rating for the company in a research note on Thursday, November 14th.

Hafnia Price Performance

Shares of HAFN traded down $0.18 during trading hours on Monday, reaching $5.36. 1,554,837 shares of the company's stock traded hands, compared to its average volume of 647,707. The firm's 50 day simple moving average is $6.52 and its 200-day simple moving average is $7.44. The company has a current ratio of 1.49, a quick ratio of 1.33 and a debt-to-equity ratio of 0.33. The stock has a market cap of $2.72 billion and a PE ratio of 3.50. Hafnia Limited has a 12 month low of $5.13 and a 12 month high of $8.99.

Hafnia (NYSE:HAFN - Get Free Report) last issued its earnings results on Friday, August 23rd. The company reported $0.51 earnings per share for the quarter, beating the consensus estimate of $0.42 by $0.09. Hafnia had a return on equity of 34.28% and a net margin of 47.30%. The company had revenue of $417.36 million during the quarter, compared to analysts' expectations of $387.14 million. Equities analysts expect that Hafnia Limited will post 1.44 EPS for the current year.

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.