Hafnia (NYSE:HAFN) Trading Up 3.8% – Time to Buy?

Posted by Brian Himes on Apr 7th, 2025

Hafnia Limited (NYSE:HAFN – Get Free Report)’s share price shot up 3.8% on Monday . The stock traded as high as $3.79 and last traded at $3.79. 575,480 shares traded hands during mid-day trading, a decline of 65% from the average session volume of 1,663,152 shares. The stock had previously closed at $3.65.

Wall Street Analyst Weigh In

Separately, Jefferies Financial Group lowered their price objective on Hafnia from $8.00 to $6.50 and set a “buy” rating for the company in a research note on Tuesday, December 17th.

Read Our Latest Stock Report on Hafnia

Hafnia Stock Up 8.1 %

The company has a market capitalization of $2.00 billion and a PE ratio of 2.32. 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’s 50-day moving average is $4.69 and its 200 day moving average is $5.53.

Hafnia Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, March 18th. Investors of record on Friday, March 7th were given a dividend of $0.0294 per share. This represents a $0.12 annualized dividend and a dividend yield of 2.98%. The ex-dividend date of this dividend was Friday, March 7th. Hafnia’s dividend payout ratio (DPR) is currently 7.28%.

Hedge Funds Weigh In On Hafnia

Several hedge funds and other institutional investors have recently added to or reduced their stakes in HAFN. WealthCollab LLC bought a new stake in shares of Hafnia in the 4th quarter worth $28,000. Bernard Wealth Management Corp. bought a new stake in Hafnia in the 4th quarter worth about $58,000. Vise Technologies Inc. purchased a new position in Hafnia in the 4th quarter worth about $71,000. SJS Investment Consulting Inc. bought a new position in Hafnia during the 4th quarter valued at about $89,000. Finally, Clear Harbor Asset Management LLC purchased a new stake in shares of Hafnia during the 4th quarter valued at about $92,000.

About Hafnia

(Get 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.