BNP Paribas Financial Markets Has $746,000 Stock Position in Hanmi Financial Co. (NASDAQ:HAFC)

BNP Paribas Financial Markets increased its holdings in Hanmi Financial Co. (NASDAQ:HAFCFree Report) by 30.8% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 38,468 shares of the bank’s stock after acquiring an additional 9,055 shares during the period. BNP Paribas Financial Markets owned about 0.13% of Hanmi Financial worth $746,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in HAFC. Mirae Asset Global Investments Co. Ltd. raised its stake in shares of Hanmi Financial by 5.0% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 17,340 shares of the bank’s stock worth $336,000 after purchasing an additional 821 shares during the last quarter. Teacher Retirement System of Texas boosted its holdings in Hanmi Financial by 3.4% during the third quarter. Teacher Retirement System of Texas now owns 28,605 shares of the bank’s stock worth $464,000 after purchasing an additional 933 shares during the last quarter. Victory Capital Management Inc. grew its position in Hanmi Financial by 13.4% in the 4th quarter. Victory Capital Management Inc. now owns 11,833 shares of the bank’s stock worth $230,000 after purchasing an additional 1,399 shares in the last quarter. Swiss National Bank grew its position in Hanmi Financial by 2.1% in the 3rd quarter. Swiss National Bank now owns 67,200 shares of the bank’s stock worth $1,091,000 after purchasing an additional 1,400 shares in the last quarter. Finally, GAMMA Investing LLC purchased a new stake in Hanmi Financial in the 4th quarter valued at about $30,000. Institutional investors own 88.66% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on the company. Keefe, Bruyette & Woods reaffirmed a “market perform” rating and issued a $18.00 target price (down from $18.50) on shares of Hanmi Financial in a report on Wednesday, April 24th. Wedbush restated a “neutral” rating and issued a $17.00 price objective on shares of Hanmi Financial in a research note on Wednesday, April 24th.

View Our Latest Stock Analysis on HAFC

Hanmi Financial Trading Up 2.0 %

NASDAQ:HAFC opened at $15.48 on Friday. The firm’s 50 day moving average is $15.58 and its 200 day moving average is $16.53. Hanmi Financial Co. has a 12 month low of $13.87 and a 12 month high of $20.31. The stock has a market capitalization of $470.44 million, a PE ratio of 6.45 and a beta of 0.93. The company has a current ratio of 0.98, a quick ratio of 0.98 and a debt-to-equity ratio of 0.43.

Hanmi Financial (NASDAQ:HAFCGet Free Report) last announced its quarterly earnings data on Tuesday, April 23rd. The bank reported $0.50 earnings per share for the quarter, missing the consensus estimate of $0.52 by ($0.02). The firm had revenue of $58.39 million during the quarter, compared to analysts’ expectations of $58.83 million. Hanmi Financial had a return on equity of 10.70% and a net margin of 17.63%. Sell-side analysts expect that Hanmi Financial Co. will post 2.02 earnings per share for the current year.

Hanmi Financial Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, May 22nd. Shareholders of record on Monday, May 6th were given a dividend of $0.25 per share. The ex-dividend date of this dividend was Friday, May 3rd. This represents a $1.00 annualized dividend and a dividend yield of 6.46%. Hanmi Financial’s dividend payout ratio is currently 41.67%.

Hanmi Financial Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Hanmi Financial (NASDAQ:HAFC)

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