QS Investors LLC reduced its position in Hanmi Financial Corp (NASDAQ:HAFC) by 1.8% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 196,161 shares of the bank’s stock after selling 3,672 shares during the period. QS Investors LLC owned about 0.60% of Hanmi Financial worth $5,953,000 as of its most recent SEC filing.
Several other institutional investors have also recently added to or reduced their stakes in HAFC. Piedmont Investment Advisors LLC purchased a new position in shares of Hanmi Financial in the third quarter worth approximately $218,000. Victory Capital Management Inc. increased its position in shares of Hanmi Financial by 42.6% in the third quarter. Victory Capital Management Inc. now owns 7,291 shares of the bank’s stock worth $226,000 after acquiring an additional 2,179 shares in the last quarter. Aperio Group LLC purchased a new position in shares of Hanmi Financial in the third quarter worth approximately $233,000. Janney Capital Management LLC purchased a new position in shares of Hanmi Financial in the third quarter worth approximately $258,000. Finally, Crossmark Global Holdings Inc. purchased a new position in shares of Hanmi Financial in the third quarter worth approximately $275,000. 88.90% of the stock is currently owned by institutional investors and hedge funds.
In related news, Director John J. Ahn acquired 3,000 shares of the stock in a transaction that occurred on Friday, January 26th. The shares were purchased at an average cost of $31.56 per share, with a total value of $94,680.00. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Insiders own 3.66% of the company’s stock.
Hanmi Financial Corp (NASDAQ HAFC) opened at $31.75 on Wednesday. Hanmi Financial Corp has a 1 year low of $25.45 and a 1 year high of $33.10. The company has a market cap of $1,038.50, a P/E ratio of 17.58, a P/E/G ratio of 1.73 and a beta of 0.64. The company has a current ratio of 1.02, a quick ratio of 1.02 and a debt-to-equity ratio of 0.48.
Hanmi Financial (NASDAQ:HAFC) last announced its quarterly earnings data on Tuesday, January 23rd. The bank reported $0.48 EPS for the quarter, meeting the Zacks’ consensus estimate of $0.48. Hanmi Financial had a net margin of 22.52% and a return on equity of 10.59%. The firm had revenue of $54.03 million for the quarter, compared to the consensus estimate of $54.53 million. equities analysts anticipate that Hanmi Financial Corp will post 2.31 EPS for the current fiscal year.
The business also recently disclosed a quarterly dividend, which was paid on Friday, February 23rd. Investors of record on Monday, February 5th were given a dividend of $0.24 per share. The ex-dividend date was Friday, February 2nd. This is an increase from Hanmi Financial’s previous quarterly dividend of $0.21. This represents a $0.96 dividend on an annualized basis and a yield of 3.02%. Hanmi Financial’s payout ratio is presently 56.47%.
Hanmi Financial Company Profile
Hanmi Financial Corporation is the holding company for Hanmi Bank (the Bank). The Bank is a community bank conducting general business banking, with its primary market encompassing the Korean-American community, as well as other ethnic communities across California, Colorado, Georgia, Illinois, New York, Texas, Virginia and Washington.
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