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

Moody Aldrich Partners LLC purchased a new position in Hafnia Limited (NYSE:HAFN) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 102,062 shares of the company’s stock, valued at approximately $550,000.

A number of other large investors have also made changes to their positions in the business. MHR Fund Management LLC lifted its holdings in shares of Hafnia by 24.0% during the 3rd quarter. MHR Fund Management LLC now owns 17,186,714 shares of the company’s stock valued at $102,948,000 after purchasing an additional 3,321,182 shares during the last quarter. Millennium Management LLC increased its position in Hafnia by 5,973.8% during the 3rd quarter. Millennium Management LLC now owns 636,900 shares of the company’s stock valued at $3,815,000 after buying an additional 626,414 shares in the last quarter. Jane Street Group LLC increased its position in Hafnia by 241.6% during the 1st quarter. Jane Street Group LLC now owns 815,341 shares of the company’s stock valued at $3,392,000 after buying an additional 576,629 shares in the last quarter. UBS Group AG raised its stake in Hafnia by 81.4% in the fourth quarter. UBS Group AG now owns 530,248 shares of the company’s stock valued at $2,826,000 after buying an additional 237,958 shares during the last quarter. Finally, Vanguard Group Inc. raised its stake in Hafnia by 2.1% in the third quarter. Vanguard Group Inc. now owns 10,858,241 shares of the company’s stock valued at $65,529,000 after buying an additional 218,341 shares during the last quarter.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on HAFN shares. Dnb Carnegie lowered Hafnia from a “strong-buy” rating to a “hold” rating in a research note on Thursday, March 12th. Wall Street Zen raised shares of Hafnia from a “hold” rating to a “buy” rating in a research report on Saturday, April 25th. One research analyst has rated the stock with a Strong Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy”.

Hafnia Stock Up 0.5%

NYSE:HAFN opened at $8.82 on Thursday. The company has a debt-to-equity ratio of 0.39, a current ratio of 1.48 and a quick ratio of 1.35. The company’s fifty day moving average price is $7.71 and its 200-day moving average price is $6.58. Hafnia Limited has a 1-year low of $4.53 and a 1-year high of $8.98. The firm has a market capitalization of $4.52 billion, a P/E ratio of 12.96 and a beta of 0.54.

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

Hafnia Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, March 13th. Investors of record on Friday, March 6th were issued a dividend of $0.1762 per share. This represents a $0.70 annualized dividend and a yield of 8.0%. This is a positive change from Hafnia’s previous quarterly dividend of $0.15. The ex-dividend date of this dividend was Friday, March 6th. Hafnia’s dividend payout ratio is 102.94%.

Insider Activity at Hafnia

In other Hafnia news, CFO Echtelt Petrus Wouter Van sold 90,000 shares of the business’s stock in a transaction that occurred on Tuesday, April 7th. The stock was sold at an average price of $8.22, for a total value of $739,800.00. Following the completion of the transaction, the chief financial officer directly owned 91,994 shares of the company’s stock, valued at approximately $756,190.68. The trade was a 49.45% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO Mikael Opstun Skov sold 500,000 shares of the business’s stock in a transaction that occurred on Monday, April 13th. The shares were sold at an average price of $8.11, for a total value of $4,055,000.00. Following the completion of the transaction, the chief executive officer directly owned 1,130,978 shares of the company’s stock, valued at $9,172,231.58. The trade was a 30.66% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 1,090,000 shares of company stock valued at $8,854,800.

About Hafnia

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.