Hanmi Financial Corp. (NASDAQ:HAFC) was up 5.3% during trading on Friday . The stock traded as high as $25.36 and last traded at $25.32, with a volume of 74,337 shares. The stock had previously closed at $24.05.

Several equities research analysts recently commented on HAFC shares. Zacks Investment Research cut Hanmi Financial Corp. from a “buy” rating to a “hold” rating in a report on Friday, April 15th. Piper Jaffray Cos. upped their price target on Hanmi Financial Corp. from $24.00 to $26.00 and gave the company a “neutral” rating in a report on Wednesday, April 20th. Raymond James Financial Inc. cut Hanmi Financial Corp. from a “strong-buy” rating to an “outperform” rating and upped their price target for the company from $26.00 to $27.00 in a report on Friday, April 22nd. Finally, Keefe, Bruyette & Woods cut Hanmi Financial Corp. from an “outperform” rating to a “market perform” rating and dropped their price target for the company from $28.00 to $26.00 in a report on Thursday, June 2nd. Three equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company. Hanmi Financial Corp. presently has a consensus rating of “Buy” and an average price target of $27.00.

The firm has a market capitalization of $811.08 million and a P/E ratio of 14.21. The stock’s 50 day moving average price is $23.77 and its 200-day moving average price is $22.51.

Hanmi Financial Corp. (NASDAQ:HAFC) last issued its earnings results on Tuesday, July 19th. The company reported $0.44 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.42 by $0.02. During the same quarter last year, the company earned $0.44 earnings per share. Equities research analysts expect that Hanmi Financial Corp. will post $1.79 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Tuesday, August 23rd. Investors of record on Monday, August 8th will be paid a $0.19 dividend. The ex-dividend date of this dividend is Thursday, August 4th. This represents a $0.76 annualized dividend and a yield of 2.99%. This is a boost from Hanmi Financial Corp.’s previous quarterly dividend of $0.14.

A number of large investors have recently modified their holdings of the stock. Morgan Stanley increased its stake in shares of Hanmi Financial Corp. by 1,806.3% in the fourth quarter. Morgan Stanley now owns 51,394 shares of the company’s stock valued at $1,219,000 after buying an additional 48,698 shares during the period. Rhumbline Advisers increased its stake in shares of Hanmi Financial Corp. by 3.9% in the fourth quarter. Rhumbline Advisers now owns 52,241 shares of the company’s stock valued at $1,239,000 after buying an additional 1,944 shares during the period. First Trust Advisors LP increased its stake in shares of Hanmi Financial Corp. by 28.3% in the fourth quarter. First Trust Advisors LP now owns 58,407 shares of the company’s stock valued at $1,385,000 after buying an additional 12,886 shares during the period. California State Teachers Retirement System increased its stake in shares of Hanmi Financial Corp. by 1.9% in the fourth quarter. California State Teachers Retirement System now owns 59,227 shares of the company’s stock valued at $1,405,000 after buying an additional 1,100 shares during the period. Finally, Bank of Montreal Can increased its stake in shares of Hanmi Financial Corp. by 373.8% in the fourth quarter. Bank of Montreal Can now owns 83,993 shares of the company’s stock valued at $1,992,000 after buying an additional 66,266 shares during the period.

Hanmi Financial Corporation is the holding company for Hanmi Bank (the Bank). The Bank is a community bank conducting general business banking, with its primary market encompassing the Korean-American community, as well as other ethnic communities across California, Colorado, Georgia, Illinois, New York, Texas, Virginia and Washington.

Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.