Samalin Investment Counsel LLC Has $181,000 Stock Position in Hafnia Limited (NYSE:HAFN)

Samalin Investment Counsel LLC raised its position in Hafnia Limited (NYSE:HAFN) by 173.4% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 32,421 shares of the company’s stock after buying an additional 20,562 shares during the period. Samalin Investment Counsel LLC’s holdings in Hafnia were worth $181,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. SJS Investment Consulting Inc. bought a new position in Hafnia in the 4th quarter worth approximately $89,000. Clear Harbor Asset Management LLC acquired a new position in shares of Hafnia during the fourth quarter valued at $92,000. Infrastructure Capital Advisors LLC bought a new position in Hafnia in the third quarter valued at about $119,000. DGS Capital Management LLC bought a new position in Hafnia in the third quarter valued at about $121,000. Finally, Quantinno Capital Management LP bought a new stake in Hafnia during the 3rd quarter worth about $128,000.

Wall Street Analyst Weigh In

Separately, Jefferies Financial Group reduced their target price on shares of Hafnia from $8.00 to $6.50 and set a “buy” rating on the stock in a research note on Tuesday, December 17th.

Hafnia Stock Performance

HAFN stock opened at $4.43 on Monday. Hafnia Limited has a twelve month low of $3.91 and a twelve month high of $8.99. The company has a quick ratio of 1.52, a current ratio of 1.70 and a debt-to-equity ratio of 0.34. The company has a market cap of $2.24 billion and a P/E ratio of 2.60. The business’s fifty day moving average is $4.96 and its 200-day moving average is $5.74.

Hafnia Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, March 18th. Shareholders of record on Friday, March 7th were paid a $0.0294 dividend. This represents a $0.12 annualized dividend and a yield of 2.66%. The ex-dividend date was Friday, March 7th. Hafnia’s payout ratio is 7.28%.

Hafnia 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.