105,179 Shares in Hafnia Limited $HAFN Bought by U S Global Investors Inc.

U S Global Investors Inc. bought a new position in Hafnia Limited (NYSE:HAFN) in the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor bought 105,179 shares of the company’s stock, valued at approximately $799,000.

Other large investors have also recently bought and sold shares of the company. The Manufacturers Life Insurance Company boosted its stake in shares of Hafnia by 3.5% during the fourth quarter. The Manufacturers Life Insurance Company now owns 44,390 shares of the company’s stock valued at $240,000 after purchasing an additional 1,509 shares in the last quarter. Pictet Asset Management Holding SA increased its stake in shares of Hafnia by 1.8% in the first quarter. Pictet Asset Management Holding SA now owns 91,384 shares of the company’s stock valued at $700,000 after buying an additional 1,650 shares during the period. Vise Technologies Inc. increased its stake in shares of Hafnia by 16.4% in the third quarter. Vise Technologies Inc. now owns 16,326 shares of the company’s stock valued at $98,000 after buying an additional 2,305 shares during the period. TD Asset Management Inc raised its holdings in Hafnia by 7.1% in the 4th quarter. TD Asset Management Inc now owns 37,039 shares of the company’s stock valued at $200,000 after buying an additional 2,453 shares during the last quarter. Finally, Glenorchy Capital Ltd raised its holdings in Hafnia by 3.6% in the 4th quarter. Glenorchy Capital Ltd now owns 98,964 shares of the company’s stock valued at $527,000 after buying an additional 3,442 shares during the last quarter.

Insider Transactions at Hafnia

In other Hafnia news, CEO Mikael Opstun Skov sold 500,000 shares of the firm’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 transaction of $4,055,000.00. Following the completion of the transaction, the chief executive officer owned 1,130,978 shares in the company, valued at approximately $9,172,231.58. This trade represents a 30.66% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

Hafnia Trading Up 3.3%

Shares of NYSE HAFN traded up $0.23 during trading on Friday, reaching $7.25. The company had a trading volume of 1,195,154 shares, compared to its average volume of 1,831,948. The stock has a market cap of $3.72 billion, a P/E ratio of 7.97 and a beta of 0.72. The company’s fifty day moving average price is $7.82 and its 200-day moving average price is $7.20. The company has a quick ratio of 1.48, a current ratio of 1.60 and a debt-to-equity ratio of 0.31. Hafnia Limited has a 12 month low of $5.12 and a 12 month high of $9.53.

Hafnia (NYSE:HAFN) last issued its quarterly earnings data on Friday, May 15th. The company reported $0.36 earnings per share (EPS) for the quarter. The company had revenue of $688.87 million during the quarter. Hafnia had a return on equity of 19.20% and a net margin of 44.74%.

Hafnia Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, June 16th. Shareholders of record on Thursday, June 4th were given a dividend of $0.2877 per share. The ex-dividend date of this dividend was Thursday, June 4th. This represents a $1.15 dividend on an annualized basis and a yield of 15.9%. This is a boost from Hafnia’s previous quarterly dividend of $0.18. Hafnia’s payout ratio is currently 126.37%.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on the stock. Pareto Securities downgraded shares of Hafnia to a “hold” rating in a research report on Wednesday, May 27th. Weiss Ratings restated a “hold (c)” rating on shares of Hafnia in a research report on Wednesday, May 6th. Finally, Wall Street Zen raised shares of Hafnia from a “buy” rating to a “strong-buy” rating in a research note on Saturday, June 13th. One analyst has rated the stock with a Strong Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy”.

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.