1 week Ago By ABMN Staff
JPMorgan Chase & Co. reduced its stake in shares of Hanmi Financial Co. ( NASDAQ:HAFC – Free Report ) by 0.
2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 834,719 shares of the bank’s stock after selling 1,426 shares during the quarter. JPMorgan Chase & Co.
owned about 2.76% of Hanmi Financial worth $19,716,000 at the end of the most recent quarter. Several other large investors have also recently added to or reduced their stakes in the stock.
Smartleaf Asset Management LLC grew its position in shares of Hanmi Financial by 227.1% during the fourth quarter. Smartleaf Asset Management LLC now owns 1,076 shares of the bank’s stock worth $25,000 after acquiring an additional 747 shares during the last quarter.
R Squared Ltd acquired a new position in Hanmi Financial during the 4th quarter valued at about $43,000. Versant Capital Management Inc grew its position in Hanmi Financial by 110.7% in the 4th quarter.
Versant Capital Management Inc now owns 1,970 shares of the bank’s stock worth $47,000 after purchasing an additional 1,035 shares during the last quarter. Quantbot Technologies LP increased its stake in shares of Hanmi Financial by 5,858.5% in the fourth quarter.
Quantbot Technologies LP now owns 2,443 shares of the bank’s stock valued at $58,000 after purchasing an additional 2,402 shares during the period. Finally, KLP Kapitalforvaltning AS acquired a new stake in shares of Hanmi Financial in the fourth quarter valued at approximately $132,000. 88.
66% of the stock is owned by institutional investors and hedge funds. Wall Street Analysts Forecast Growth Separately, DA Davidson reiterated a “neutral” rating and set a $27.50 price objective on shares of Hanmi Financial in a research report on Thursday, January 30th.
Three investment analysts have rated the stock with a hold rating and two have issued a buy rating to the company. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $25.75.
Hanmi Financial Stock Performance Shares of HAFC opened at $20.51 on Friday. The firm has a market capitalization of $620.
10 million, a PE ratio of 10.00 and a beta of 0.68.
The company has a quick ratio of 0.99, a current ratio of 1.00 and a debt-to-equity ratio of 0.
54. The firm has a 50-day moving average price of $22.87 and a 200 day moving average price of $23.
05. Hanmi Financial Co. has a 52-week low of $14.
45 and a 52-week high of $27.59. Hanmi Financial ( NASDAQ:HAFC – Get Free Report ) last posted its quarterly earnings data on Tuesday, January 28th.
The bank reported $0.58 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.53 by $0.
05. Hanmi Financial had a net margin of 14.45% and a return on equity of 8.
64%. On average, sell-side analysts anticipate that Hanmi Financial Co. will post 2.
6 earnings per share for the current fiscal year. Hanmi Financial Increases Dividend The company also recently disclosed a quarterly dividend, which was paid on Wednesday, February 26th. Stockholders of record on Monday, February 10th were paid a $0.
27 dividend. This represents a $1.08 dividend on an annualized basis and a dividend yield of 5.
27%. The ex-dividend date was Monday, February 10th. This is an increase from Hanmi Financial’s previous quarterly dividend of $0.
25. Hanmi Financial’s payout ratio is currently 52.68%.
About Hanmi Financial ( Free Report ) Hanmi Financial Corporation operates as the holding company for Hanmi Bank that provides business banking products and services in the United States. It offers various deposit products, including noninterest-bearing checking accounts, savings accounts, negotiable order of withdrawal accounts, money market accounts, and certificates of deposit. See Also Want to see what other hedge funds are holding HAFC? Visit HoldingsChannel.
com to get the latest 13F filings and insider trades for Hanmi Financial Co. ( NASDAQ:HAFC – Free Report ). Receive News & Ratings for Hanmi Financial Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hanmi Financial and related companies with MarketBeat.
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