HF Foods Group (NASDAQ:HFFG) Shares Down 4%

HF Foods Group Inc. (NASDAQ:HFFGGet Rating) shares were down 4% on Thursday . The company traded as low as $4.83 and last traded at $4.85. Approximately 91,008 shares traded hands during trading, an increase of 40% from the average daily volume of 64,985 shares. The stock had previously closed at $5.05.

HF Foods Group Stock Performance

The stock’s fifty day moving average is $5.19 and its two-hundred day moving average is $5.59. The firm has a market capitalization of $251.78 million, a price-to-earnings ratio of 17.32 and a beta of 1.42.

Institutional Investors Weigh In On HF Foods Group

Large investors have recently added to or reduced their stakes in the company. Jane Street Group LLC bought a new position in HF Foods Group during the 2nd quarter valued at $60,000. Millennium Management LLC boosted its stake in HF Foods Group by 110.2% during the 2nd quarter. Millennium Management LLC now owns 47,328 shares of the company’s stock valued at $247,000 after acquiring an additional 24,811 shares during the last quarter. Renaissance Technologies LLC boosted its stake in HF Foods Group by 84.3% during the 2nd quarter. Renaissance Technologies LLC now owns 39,800 shares of the company’s stock valued at $208,000 after acquiring an additional 18,200 shares during the last quarter. BNP Paribas Arbitrage SA boosted its stake in HF Foods Group by 51.5% during the 2nd quarter. BNP Paribas Arbitrage SA now owns 9,034 shares of the company’s stock valued at $47,000 after acquiring an additional 3,070 shares during the last quarter. Finally, Rhumbline Advisers boosted its stake in HF Foods Group by 17.7% during the 2nd quarter. Rhumbline Advisers now owns 52,838 shares of the company’s stock valued at $276,000 after acquiring an additional 7,933 shares during the last quarter. 14.11% of the stock is owned by institutional investors and hedge funds.

HF Foods Group Company Profile

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HF Foods Group Inc, through its subsidiaries, operates as a food service distributor to Asian restaurants located in the Southeastern, Pacific, and Mountain West regions of the United States. It distributes Asian specialty food items, meat and poultry products, seafood, fresh produce, packaging and other items, and commodities.

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