WINTON GROUP Ltd Has $1.27 Million Stake in Hanmi Financial Co. (NASDAQ:HAFC)

WINTON GROUP Ltd lessened its position in Hanmi Financial Co. (NASDAQ:HAFC) by 10.1% in the fourth quarter, Holdings Channel.com reports. The firm owned 53,861 shares of the bank’s stock after selling 6,056 shares during the quarter. WINTON GROUP Ltd’s holdings in Hanmi Financial were worth $1,272,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of the company. Victory Capital Management Inc. increased its stake in shares of Hanmi Financial by 85.0% in the third quarter. Victory Capital Management Inc. now owns 24,435 shares of the bank’s stock valued at $454,000 after buying an additional 11,230 shares during the period. Intech Investment Management LLC grew its holdings in Hanmi Financial by 1.1% during the 3rd quarter. Intech Investment Management LLC now owns 37,706 shares of the bank’s stock worth $701,000 after acquiring an additional 414 shares during the last quarter. Cerity Partners LLC increased its position in Hanmi Financial by 60.1% in the 3rd quarter. Cerity Partners LLC now owns 34,910 shares of the bank’s stock valued at $649,000 after acquiring an additional 13,109 shares during the period. FMR LLC raised its stake in shares of Hanmi Financial by 26.1% during the third quarter. FMR LLC now owns 879,979 shares of the bank’s stock valued at $16,368,000 after acquiring an additional 182,164 shares during the last quarter. Finally, PEAK6 Investments LLC acquired a new position in shares of Hanmi Financial during the third quarter worth $309,000. 88.66% of the stock is currently owned by institutional investors.

Hanmi Financial Stock Performance

Shares of Hanmi Financial stock opened at $22.86 on Friday. The business has a 50-day moving average price of $23.33 and a two-hundred day moving average price of $22.84. Hanmi Financial Co. has a 1-year low of $14.45 and a 1-year high of $27.59. The company has a current ratio of 1.00, a quick ratio of 0.99 and a debt-to-equity ratio of 0.54. The company has a market cap of $690.28 million, a P/E ratio of 11.15 and a beta of 0.87.

Hanmi Financial (NASDAQ:HAFC) last issued its earnings results on Tuesday, January 28th. The bank reported $0.58 earnings per share for the quarter, topping analysts’ consensus estimates of $0.53 by $0.05. Hanmi Financial had a return on equity of 8.64% and a net margin of 14.45%. As a group, analysts anticipate that Hanmi Financial Co. will post 2.6 EPS for the current year.

Hanmi Financial Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, February 26th. Investors of record on Monday, February 10th were given a dividend of $0.27 per share. This represents a $1.08 dividend on an annualized basis and a dividend yield of 4.72%. The ex-dividend date was Monday, February 10th. This is an increase from Hanmi Financial’s previous quarterly dividend of $0.25. Hanmi Financial’s payout ratio is presently 52.68%.

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on HAFC shares. Keefe, Bruyette & Woods restated a “market perform” rating and issued a $29.00 price objective (up from $24.00) on shares of Hanmi Financial in a report on Wednesday, December 4th. DA Davidson restated a “neutral” rating and set a $27.50 price objective on shares of Hanmi Financial in a research report on Thursday, January 30th. Three analysts have rated the stock with a hold rating and two have issued a buy rating to the company. According to data from MarketBeat.com, Hanmi Financial currently has an average rating of “Hold” and a consensus price target of $25.75.

Hanmi Financial Profile

Hanmi Financial Corporation operates as the holding company for Hanmi Bank that provides business banking products and services in the United States. It offers various deposit products, including noninterest-bearing checking accounts, savings accounts, negotiable order of withdrawal accounts, money market accounts, and certificates of deposit.