Moody Aldrich Partners LLC Acquires Shares of 102,062 Hafnia Limited $HAFN

Moody Aldrich Partners LLC acquired a new position in Hafnia Limited (NYSE:HAFN) in the fourth quarter, HoldingsChannel.com reports. The fund acquired 102,062 shares of the company’s stock, valued at approximately $550,000.

Other hedge funds have also modified their holdings of the company. Earned Wealth Advisors LLC lifted its position in shares of Hafnia by 15.6% during the 3rd quarter. Earned Wealth Advisors LLC now owns 16,917 shares of the company’s stock valued at $101,000 after buying an additional 2,286 shares in the last quarter. Vise Technologies Inc. increased its holdings in Hafnia by 16.4% in the 3rd quarter. Vise Technologies Inc. now owns 16,326 shares of the company’s stock worth $98,000 after acquiring an additional 2,305 shares in the last quarter. Vanguard Personalized Indexing Management LLC raised its position in Hafnia by 2.7% during the third quarter. Vanguard Personalized Indexing Management LLC now owns 128,851 shares of the company’s stock worth $772,000 after acquiring an additional 3,402 shares during the period. Glenorchy Capital Ltd raised its position in Hafnia by 3.6% during the fourth quarter. Glenorchy Capital Ltd now owns 98,964 shares of the company’s stock worth $527,000 after acquiring an additional 3,442 shares during the period. Finally, TD Asset Management Inc lifted its holdings in Hafnia by 12.6% during the third quarter. TD Asset Management Inc now owns 34,586 shares of the company’s stock valued at $208,000 after purchasing an additional 3,859 shares in the last quarter.

Insider Transactions at Hafnia

In other Hafnia news, CFO Echtelt Petrus Wouter Van sold 90,000 shares of the stock in a transaction dated Tuesday, April 7th. The shares were sold at an average price of $8.22, for a total value of $739,800.00. Following the completion of the sale, the chief financial officer owned 91,994 shares in the company, valued at approximately $756,190.68. This represents a 49.45% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Mikael Opstun Skov sold 500,000 shares of the firm’s stock in a transaction that occurred on Monday, April 13th. The stock was sold at an average price of $8.11, for a total transaction of $4,055,000.00. Following the completion of the transaction, the chief executive officer directly owned 1,130,978 shares in the company, valued at $9,172,231.58. This trade represents a 30.66% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 1,090,000 shares of company stock worth $8,854,800 over the last 90 days.

Hafnia Stock Up 0.5%

Shares of HAFN opened at $8.82 on Thursday. The stock has a 50 day moving average price of $7.71 and a 200 day moving average price of $6.58. Hafnia Limited has a one year low of $4.53 and a one year high of $8.98. The company has a debt-to-equity ratio of 0.39, a quick ratio of 1.35 and a current ratio of 1.48. The stock has a market capitalization of $4.52 billion, a price-to-earnings ratio of 12.96 and a beta of 0.54.

Hafnia (NYSE:HAFN) last announced its quarterly earnings data on Thursday, February 26th. The company reported $0.22 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.22. Hafnia had a return on equity of 14.71% and a net margin of 35.54%.The company had revenue of $599.88 million for the quarter, compared to analyst estimates of $285.64 million.

Hafnia Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, March 13th. Stockholders of record on Friday, March 6th were paid a $0.1762 dividend. This is an increase from Hafnia’s previous quarterly dividend of $0.15. This represents a $0.70 annualized dividend and a dividend yield of 8.0%. The ex-dividend date of this dividend was Friday, March 6th. Hafnia’s payout ratio is 102.94%.

Analyst Upgrades and Downgrades

HAFN has been the topic of several research analyst reports. Wall Street Zen upgraded shares of Hafnia from a “hold” rating to a “buy” rating in a research report on Saturday, April 25th. Dnb Carnegie lowered shares of Hafnia from a “strong-buy” rating to a “hold” rating in a research note on Thursday, March 12th. One equities research analyst has rated the stock with a Strong Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy”.

Hafnia Company Profile

Hafnia is a global shipping company listed on the New York Stock Exchange under the ticker HAFN. The firm specializes in the marine transportation of refined petroleum products, providing safe and reliable shipping solutions across key global trade lanes. Its core operations focus on the carriage of gasoline, diesel, jet fuel and other clean petroleum products, catering to the needs of oil majors, trading houses and independent refiners.

The company operates a modern fleet of double-hulled product tankers, managed to comply with stringent safety and environmental standards.