22,105 Shares in Hafnia Limited (NYSE:HAFN) Bought by Numerai GP LLC

Numerai GP LLC purchased a new position in shares of Hafnia Limited (NYSE:HAFN) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 22,105 shares of the company’s stock, valued at approximately $123,000.

A number of other hedge funds have also recently added to or reduced their stakes in HAFN. Barclays PLC boosted its holdings in Hafnia by 72.7% during the third quarter. Barclays PLC now owns 2,734,506 shares of the company’s stock worth $19,580,000 after buying an additional 1,151,528 shares in the last quarter. Assenagon Asset Management S.A. purchased a new stake in Hafnia during the fourth quarter worth $3,123,000. Clear Harbor Asset Management LLC purchased a new stake in Hafnia during the fourth quarter worth $92,000. DGS Capital Management LLC boosted its holdings in Hafnia by 1,084.9% during the fourth quarter. DGS Capital Management LLC now owns 200,797 shares of the company’s stock worth $1,118,000 after buying an additional 183,850 shares in the last quarter. Finally, SJS Investment Consulting Inc. purchased a new stake in Hafnia during the fourth quarter worth $89,000.

Wall Street Analysts Forecast Growth

Separately, Fearnley Fonds raised shares of Hafnia to a “strong-buy” rating in a report on Tuesday, May 6th.

Hafnia Stock Performance

NYSE:HAFN opened at $5.38 on Friday. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.52 and a current ratio of 1.70. The company has a fifty day moving average of $4.44 and a two-hundred day moving average of $5.01. The stock has a market capitalization of $2.72 billion and a PE ratio of 3.16. Hafnia Limited has a fifty-two week low of $3.61 and a fifty-two week high of $8.99.

Hafnia (NYSE:HAFN) last posted its quarterly earnings data on Thursday, May 15th. The company reported $0.13 earnings per share for the quarter, topping analysts’ consensus estimates of $0.12 by $0.01. The company had revenue of $340.34 million during the quarter, compared to analysts’ expectations of $250.80 million. Hafnia had a net margin of 53.44% and a return on equity of 36.90%.

Hafnia Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 18th. Shareholders of record on Friday, March 7th were given a dividend of $0.0294 per share. This represents a $0.12 dividend on an annualized basis and a yield of 2.19%. The ex-dividend date was Friday, March 7th. Hafnia’s dividend payout ratio is presently 7.28%.

Hafnia Profile

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.