State Street Corp Raises Stake in HF Foods Group Inc. (NASDAQ:HFFG)

State Street Corp lifted its stake in HF Foods Group Inc. (NASDAQ:HFFG) by 0.4% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 762,836 shares of the company’s stock after purchasing an additional 3,155 shares during the period. State Street Corp owned about 1.45% of HF Foods Group worth $2,723,000 at the end of the most recent quarter.

Other institutional investors also recently added to or reduced their stakes in the company. SG Americas Securities LLC purchased a new stake in HF Foods Group in the 3rd quarter valued at about $49,000. Renaissance Technologies LLC raised its stake in shares of HF Foods Group by 7.7% during the second quarter. Renaissance Technologies LLC now owns 70,300 shares of the company’s stock valued at $211,000 after acquiring an additional 5,000 shares in the last quarter. Dimensional Fund Advisors LP boosted its holdings in shares of HF Foods Group by 30.8% in the second quarter. Dimensional Fund Advisors LP now owns 238,069 shares of the company’s stock valued at $715,000 after purchasing an additional 56,014 shares during the period. Perritt Capital Management Inc grew its stake in HF Foods Group by 40.0% in the second quarter. Perritt Capital Management Inc now owns 35,000 shares of the company’s stock worth $105,000 after purchasing an additional 10,000 shares in the last quarter. Finally, Bank of New York Mellon Corp increased its holdings in HF Foods Group by 10.5% during the 2nd quarter. Bank of New York Mellon Corp now owns 119,683 shares of the company’s stock worth $359,000 after purchasing an additional 11,372 shares during the period. Hedge funds and other institutional investors own 24.02% of the company’s stock.

HF Foods Group Price Performance

Shares of HFFG stock opened at $3.21 on Wednesday. HF Foods Group Inc. has a twelve month low of $2.46 and a twelve month high of $5.91. The company has a current ratio of 1.18, a quick ratio of 0.45 and a debt-to-equity ratio of 0.43. The stock has a fifty day simple moving average of $3.52 and a two-hundred day simple moving average of $3.36. The stock has a market capitalization of $169.26 million, a price-to-earnings ratio of -107.00 and a beta of 1.43.

HF Foods Group Profile

HF Foods Group Inc, through its subsidiaries, markets and distributes Asian specialty food, seafood, fresh produce, frozen and dry food, and non-food products to Asian and Chinese restaurants, and other foodservice customers in the United States. The company offers seafood, including lobsters, shrimp, crabs, scallops, and fish; Asian specialty food items, including noodles, rice, dried mushrooms and beans, sauces and seasonings, and spring rolls, as well as canned products, such as preserved vegetables, bamboo shoots, and water chestnuts; and meat and poultry products, including beef, pork, chicken, and duck.