U S Global Investors Inc. grew its stake in Hafnia Limited (NYSE:HAFN – Free Report) by 20.7% during the fourth quarter, HoldingsChannel.com reports. The firm owned 56,508 shares of the company’s stock after purchasing an additional 9,703 shares during the period. U S Global Investors Inc.’s holdings in Hafnia were worth $300,000 as of its most recent SEC filing.
Other institutional investors and hedge funds have also recently bought and sold shares of the company. SJS Investment Consulting Inc. bought a new position in Hafnia in the 4th quarter worth approximately $89,000. Clear Harbor Asset Management LLC acquired a new stake in Hafnia in the fourth quarter worth approximately $92,000. Callan Capital LLC bought a new position in Hafnia during the 4th quarter valued at $112,000. Infrastructure Capital Advisors LLC acquired a new position in shares of Hafnia during the 3rd quarter valued at $119,000. Finally, DGS Capital Management LLC bought a new stake in shares of Hafnia in the 3rd quarter worth $121,000.
Wall Street Analyst Weigh In
Separately, Jefferies Financial Group cut their price target on shares of Hafnia from $8.00 to $6.50 and set a “buy” rating for the company in a report on Tuesday, December 17th.
Hafnia Price Performance
Shares of NYSE:HAFN opened at $4.21 on Friday. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.52 and a current ratio of 1.70. The company has a market capitalization of $2.13 billion and a PE ratio of 2.47. The stock has a fifty day moving average of $5.36 and a 200-day moving average of $6.16. Hafnia Limited has a one year low of $4.14 and a one year high of $8.99.
Hafnia (NYSE:HAFN – Get Free Report) last announced its earnings results on Wednesday, November 27th. The company reported $0.42 EPS for the quarter, beating the consensus estimate of $0.33 by $0.09. Hafnia had a return on equity of 36.90% and a net margin of 53.44%.
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.
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