14,021 Shares in Hafnia Limited $HAFN Purchased by Vise Technologies Inc.

Vise Technologies Inc. purchased a new stake in shares of Hafnia Limited (NYSE:HAFN) in the second quarter, according to its most recent Form 13F filing with the SEC. The firm purchased 14,021 shares of the company’s stock, valued at approximately $70,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of HAFN. Redhawk Wealth Advisors Inc. bought a new position in shares of Hafnia during the second quarter valued at approximately $932,000. Vanguard Personalized Indexing Management LLC grew its stake in shares of Hafnia by 110.6% in the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 125,449 shares of the company’s stock worth $626,000 after buying an additional 65,871 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in Hafnia by 62.3% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 2,130,888 shares of the company’s stock valued at $8,738,000 after buying an additional 817,737 shares in the last quarter. TD Asset Management Inc raised its stake in Hafnia by 38.5% during the first quarter. TD Asset Management Inc now owns 28,406 shares of the company’s stock valued at $116,000 after buying an additional 7,892 shares during the last quarter. Finally, GSA Capital Partners LLP bought a new stake in Hafnia in the first quarter worth $986,000.

Analyst Upgrades and Downgrades

HAFN has been the subject of several analyst reports. Fearnley Fonds downgraded Hafnia from a “strong-buy” rating to a “hold” rating in a report on Wednesday, September 3rd. Weiss Ratings restated a “hold (c)” rating on shares of Hafnia in a research note on Wednesday, October 8th. One analyst has rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat, Hafnia currently has an average rating of “Hold” and a consensus price target of $6.50.

Hafnia Stock Up 1.3%

HAFN stock opened at $6.62 on Wednesday. The stock has a market capitalization of $3.35 billion, a P/E ratio of 7.78 and a beta of 0.92. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.21 and a quick ratio of 1.09. Hafnia Limited has a 1-year low of $3.61 and a 1-year high of $6.64. The business has a fifty day moving average price of $6.16 and a 200-day moving average price of $5.69.

Hafnia (NYSE:HAFN) last released its quarterly earnings data on Wednesday, August 27th. The company reported $0.15 EPS for the quarter, topping the consensus estimate of $0.14 by $0.01. Hafnia had a return on equity of 18.74% and a net margin of 37.26%.The company had revenue of $346.56 million during the quarter, compared to the consensus estimate of $249.42 million.

Hafnia Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, September 10th. Stockholders of record on Thursday, September 4th were paid a $0.121 dividend. The ex-dividend date was Thursday, September 4th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 7.3%. Hafnia’s payout ratio is currently 56.47%.

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.