Hafnia Limited $HAFN Shares Acquired by UBS Group AG

UBS Group AG grew its stake in Hafnia Limited (NYSE:HAFN) by 81.4% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 530,248 shares of the company’s stock after purchasing an additional 237,958 shares during the quarter. UBS Group AG’s holdings in Hafnia were worth $2,826,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. State of Wyoming acquired a new stake in shares of Hafnia in the second quarter valued at about $57,000. Merit Financial Group LLC grew its position in shares of Hafnia by 42.6% in the third quarter. Merit Financial Group LLC now owns 15,555 shares of the company’s stock valued at $93,000 after purchasing an additional 4,644 shares during the period. SBI Securities Co. Ltd. grew its position in shares of Hafnia by 219.7% in the third quarter. SBI Securities Co. Ltd. now owns 16,398 shares of the company’s stock valued at $98,000 after purchasing an additional 11,269 shares during the period. Vise Technologies Inc. grew its position 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 purchasing an additional 2,305 shares during the period. Finally, Orion Porfolio Solutions LLC acquired a new stake in shares of Hafnia in the second quarter valued at about $112,000.

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on HAFN. Weiss Ratings reiterated a “hold (c)” rating on shares of Hafnia in a research report on Wednesday, May 6th. Wall Street Zen upgraded shares of Hafnia from a “hold” rating to a “buy” rating in a research report on Saturday, April 25th. Finally, Dnb Carnegie lowered shares of Hafnia from a “strong-buy” rating to a “hold” rating in a research report on Thursday, March 12th. One equities research analyst has rated the stock with a Strong Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy”.

Insiders Place Their Bets

In other news, CEO Mikael Opstun Skov sold 500,000 shares of Hafnia stock in a transaction on Monday, April 13th. The shares were sold at an average price of $8.11, for a total value of $4,055,000.00. Following the transaction, the chief executive officer directly owned 1,130,978 shares of the company’s stock, valued at $9,172,231.58. The trade was a 30.66% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CFO Echtelt Petrus Wouter Van sold 90,000 shares of Hafnia stock in a transaction on Tuesday, April 7th. The shares were sold at an average price of $8.22, for a total transaction of $739,800.00. Following the completion of the transaction, the chief financial officer directly owned 91,994 shares in the company, valued at $756,190.68. The trade was a 49.45% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 1,090,000 shares of company stock worth $8,854,800 over the last ninety days.

Hafnia Stock Down 0.1%

Shares of NYSE:HAFN opened at $8.54 on Tuesday. The company has a market capitalization of $4.37 billion, a PE ratio of 12.55 and a beta of 0.86. The company has a current ratio of 1.48, a quick ratio of 1.35 and a debt-to-equity ratio of 0.39. Hafnia Limited has a twelve month low of $4.90 and a twelve month high of $9.53. The firm has a 50 day simple moving average of $8.17 and a 200-day simple moving average of $6.89.

Hafnia (NYSE:HAFN) last issued its quarterly earnings data on Thursday, February 26th. The company reported $0.22 earnings per share for the quarter, hitting the consensus estimate of $0.22. The business had revenue of $599.88 million during the quarter, compared to the consensus estimate of $285.64 million. Hafnia had a net margin of 35.54% and a return on equity of 14.71%.

Hafnia Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, March 13th. Stockholders of record on Friday, March 6th were issued a $0.1762 dividend. This represents a $0.70 dividend on an annualized basis and a dividend yield of 8.3%. The ex-dividend date of this dividend was Friday, March 6th. This is a positive change from Hafnia’s previous quarterly dividend of $0.15. Hafnia’s dividend payout ratio is presently 102.94%.

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.