Hafnia Limited (NYSE:HAFN) Shares Acquired by SJS Investment Consulting Inc.

SJS Investment Consulting Inc. increased its position in shares of Hafnia Limited (NYSE:HAFN) by 62.6% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 25,974 shares of the company’s stock after acquiring an additional 10,000 shares during the quarter. SJS Investment Consulting Inc.’s holdings in Hafnia were worth $108,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently bought and sold shares of HAFN. WealthCollab LLC purchased a new position in Hafnia during the fourth quarter worth about $28,000. Bernard Wealth Management Corp. acquired a new position in shares of Hafnia in the 4th quarter valued at about $58,000. Smith Anglin Financial LLC purchased a new stake in shares of Hafnia during the 1st quarter worth about $52,000. Vise Technologies Inc. acquired a new stake in Hafnia during the 4th quarter worth approximately $71,000. Finally, Wells Fargo & Company MN raised its holdings in Hafnia by 7,756.1% in the fourth quarter. Wells Fargo & Company MN now owns 18,776 shares of the company’s stock valued at $105,000 after buying an additional 18,537 shares during the period.

Analyst Ratings Changes

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

Hafnia Stock Performance

Shares of HAFN opened at $5.25 on Tuesday. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.70 and a quick ratio of 1.52. Hafnia Limited has a 12 month low of $3.61 and a 12 month high of $8.44. The stock has a market cap of $2.66 billion, a PE ratio of 3.09 and a beta of 0.95. The stock’s 50-day moving average is $4.71 and its two-hundred day moving average is $4.96.

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

Hafnia Announces Dividend

The company also recently disclosed a dividend, which was paid on Wednesday, June 4th. Investors of record on Monday, May 26th were issued a $0.1015 dividend. This represents a yield of 7.59%. The ex-dividend date was Friday, May 23rd. Hafnia’s dividend payout ratio is currently 33.06%.

Hafnia Company 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.