PDT Partners LLC reduced its stake in shares of Hafnia Limited (NYSE:HAFN – Free Report) by 3.0% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 104,806 shares of the company’s stock after selling 3,264 shares during the quarter. PDT Partners LLC’s holdings in Hafnia were worth $746,000 as of its most recent filing with the SEC.
Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Infrastructure Capital Advisors LLC purchased a new stake in shares of Hafnia during the third quarter valued at approximately $119,000. Bank of Montreal Can purchased a new stake in Hafnia during the 3rd quarter worth $3,774,000. Mirabella Financial Services LLP acquired a new position in Hafnia in the 3rd quarter worth $3,175,000. Dynamic Technology Lab Private Ltd acquired a new position in shares of Hafnia in the third quarter worth about $242,000. Finally, Sigma Planning Corp purchased a new position in shares of Hafnia during the 3rd quarter valued at approximately $202,000.
Hafnia Trading Down 1.2 %
NYSE:HAFN opened at $5.62 on Tuesday. The company has a market cap of $2.85 billion and a PE ratio of 3.31. The business’s 50 day moving average is $6.27 and its two-hundred day moving average is $7.32. The company has a quick ratio of 1.33, a current ratio of 1.49 and a debt-to-equity ratio of 0.33. Hafnia Limited has a 52 week low of $5.13 and a 52 week high of $8.99.
Hafnia Cuts Dividend
Wall Street Analyst Weigh In
Separately, Jefferies Financial Group decreased their price objective on shares of Hafnia from $9.00 to $8.00 and set a “buy” rating for the company in a report on Thursday, November 14th.
Get Our Latest Analysis on Hafnia
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.
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