445,992 Shares in Hafnia Limited (NYSE:HAFN) Acquired by Mirabella Financial Services LLP

Mirabella Financial Services LLP acquired a new stake in Hafnia Limited (NYSE:HAFN) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 445,992 shares of the company’s stock, valued at approximately $3,175,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Mondrian Investment Partners LTD bought a new position in shares of Hafnia in the second quarter worth about $43,000. Allspring Global Investments Holdings LLC purchased a new stake in Hafnia in the 2nd quarter valued at about $60,000. Prudential PLC purchased a new stake in Hafnia in the 2nd quarter valued at about $100,000. TD Asset Management Inc bought a new position in Hafnia in the 2nd quarter worth about $148,000. Finally, XTX Topco Ltd purchased a new position in shares of Hafnia during the second quarter worth approximately $183,000.

Analyst Ratings Changes

Separately, Jefferies Financial Group lowered their price target on Hafnia from $9.00 to $8.00 and set a “buy” rating for the company in a report on Thursday, November 14th.

Hafnia Stock Performance

HAFN stock opened at $5.49 on Monday. Hafnia Limited has a 1-year low of $5.13 and a 1-year high of $8.99. The business has a 50-day moving average price of $6.52 and a 200 day moving average price of $7.44. The company has a market capitalization of $2.78 billion and a P/E ratio of 3.53. The company has a debt-to-equity ratio of 0.33, a current ratio of 1.49 and a quick ratio of 1.33.

Hafnia (NYSE:HAFN) last posted its quarterly earnings results on Friday, August 23rd. The company reported $0.51 EPS for the quarter, beating the consensus estimate of $0.42 by $0.09. The business had revenue of $417.36 million during the quarter, compared to analyst estimates of $387.14 million. Hafnia had a net margin of 47.30% and a return on equity of 34.28%. As a group, equities research analysts forecast that Hafnia Limited will post 1.44 EPS for the current fiscal year.

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.