U S Global Investors Inc. Boosts Position in Hafnia Limited (NYSE:HAFN)

U S Global Investors Inc. raised its holdings in shares of Hafnia Limited (NYSE:HAFN) by 20.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 56,508 shares of the company’s stock after buying an additional 9,703 shares during the period. U S Global Investors Inc.’s holdings in Hafnia were worth $300,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of HAFN. SJS Investment Consulting Inc. acquired a new position in shares of Hafnia during the 4th quarter valued at $89,000. Clear Harbor Asset Management LLC purchased a new position in Hafnia in the fourth quarter valued at about $92,000. Callan Capital LLC acquired a new position in shares of Hafnia during the fourth quarter worth about $112,000. Infrastructure Capital Advisors LLC purchased a new stake in shares of Hafnia in the third quarter worth about $119,000. Finally, DGS Capital Management LLC acquired a new stake in shares of Hafnia in the third quarter valued at about $121,000.

Analyst Ratings Changes

Separately, Jefferies Financial Group reduced their price target on Hafnia from $8.00 to $6.50 and set a “buy” rating on the stock in a research report on Tuesday, December 17th.

Hafnia Stock Performance

Hafnia stock opened at $4.21 on Friday. Hafnia Limited has a 12-month low of $4.14 and a 12-month high of $8.99. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.70 and a quick ratio of 1.52. The company has a market capitalization of $2.13 billion and a price-to-earnings ratio of 2.47. The firm’s fifty day moving average price is $5.36 and its 200 day moving average price is $6.16.

Hafnia (NYSE:HAFN) last released its quarterly earnings results on Wednesday, November 27th. The company reported $0.42 EPS for the quarter, topping the consensus estimate of $0.33 by $0.09. Hafnia had a return on equity of 36.90% and a net margin of 53.44%.

About Hafnia

Hafnia Limited owns and operates oil product tankers in Bermuda. It operates through Long Range II, Long Range I, Medium Range (MR), Handy size, and Specialized segments. The company transports clean and dirty, refined oil products, vegetable oil, and easy chemicals to national and international oil companies, and chemical companies, as well as trading and utility companies; and owns and operates 200 vessels.