Jeffery Taylor Purchases 10,000 Shares of Hf Foods Group (NASDAQ:HFFG) Stock

Hf Foods Group Inc. (NASDAQ:HFFG) Director Jeffery Taylor purchased 10,000 shares of the company’s stock in a transaction dated Thursday, November 13th. The stock was bought at an average cost of $2.25 per share, for a total transaction of $22,500.00. Following the completion of the purchase, the director directly owned 10,000 shares of the company’s stock, valued at $22,500. The trade was a ? increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

Hf Foods Group Price Performance

HFFG opened at $2.23 on Wednesday. The stock has a fifty day moving average price of $2.64 and a 200 day moving average price of $3.14. The company has a current ratio of 1.19, a quick ratio of 0.42 and a debt-to-equity ratio of 0.53. Hf Foods Group Inc. has a 1 year low of $1.70 and a 1 year high of $4.93. The stock has a market cap of $118.29 million, a price-to-earnings ratio of -2.59, a PEG ratio of 0.46 and a beta of 0.52.

Hf Foods Group (NASDAQ:HFFG) last posted its quarterly earnings results on Monday, November 10th. The company reported $0.08 earnings per share for the quarter, missing analysts’ consensus estimates of $0.12 by ($0.04). The firm had revenue of $306.98 million for the quarter, compared to analysts’ expectations of $303.41 million. Hf Foods Group had a positive return on equity of 8.01% and a negative net margin of 3.71%. Analysts forecast that Hf Foods Group Inc. will post 0.22 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several analysts have commented on the stock. Wall Street Zen downgraded shares of Hf Foods Group from a “strong-buy” rating to a “buy” rating in a research report on Saturday, November 1st. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Hf Foods Group in a research note on Monday. One analyst has rated the stock with a Buy rating and one has given a Sell rating to the company. According to data from MarketBeat.com, Hf Foods Group presently has an average rating of “Hold” and an average price target of $7.00.

Hedge Funds Weigh In On Hf Foods Group

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Virtu Financial LLC bought a new position in shares of Hf Foods Group in the third quarter valued at approximately $39,000. Tower Research Capital LLC TRC lifted its position in Hf Foods Group by 192.7% during the 2nd quarter. Tower Research Capital LLC TRC now owns 12,450 shares of the company’s stock worth $40,000 after acquiring an additional 8,197 shares during the last quarter. Invesco Ltd. boosted its holdings in Hf Foods Group by 37.1% during the second quarter. Invesco Ltd. now owns 16,070 shares of the company’s stock valued at $51,000 after acquiring an additional 4,351 shares during the period. Choreo LLC bought a new stake in Hf Foods Group during the first quarter valued at about $56,000. Finally, Intech Investment Management LLC acquired a new stake in shares of Hf Foods Group in the second quarter valued at about $61,000. Institutional investors and hedge funds own 24.02% of the company’s stock.

About Hf Foods Group

HF Foods Group Inc, through its subsidiaries, markets and distributes Asian specialty food, seafood, fresh produce, frozen and dry food, and non-food products to Asian and Chinese restaurants, and other foodservice customers in the United States. The company offers seafood, including lobsters, shrimp, crabs, scallops, and fish; Asian specialty food items, including noodles, rice, dried mushrooms and beans, sauces and seasonings, and spring rolls, as well as canned products, such as preserved vegetables, bamboo shoots, and water chestnuts; and meat and poultry products, including beef, pork, chicken, and duck.