Prudential Financial Inc. Makes New $42,000 Investment in HF Foods Group Inc. (NASDAQ:HFFG)

Prudential Financial Inc. acquired a new stake in HF Foods Group Inc. (NASDAQ:HFFG) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm acquired 13,060 shares of the company’s stock, valued at approximately $42,000.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Intech Investment Management LLC acquired a new stake in HF Foods Group in the 4th quarter valued at about $42,000. SG Americas Securities LLC raised its stake in HF Foods Group by 41.4% in the fourth quarter. SG Americas Securities LLC now owns 19,418 shares of the company’s stock valued at $62,000 after buying an additional 5,686 shares during the period. Barclays PLC lifted its position in shares of HF Foods Group by 291.8% in the third quarter. Barclays PLC now owns 56,685 shares of the company’s stock valued at $203,000 after buying an additional 42,217 shares during the last quarter. JPMorgan Chase & Co. boosted its stake in shares of HF Foods Group by 110.8% during the 3rd quarter. JPMorgan Chase & Co. now owns 75,185 shares of the company’s stock worth $268,000 after acquiring an additional 39,517 shares during the period. Finally, State Street Corp increased its holdings in shares of HF Foods Group by 0.4% during the 3rd quarter. State Street Corp now owns 762,836 shares of the company’s stock worth $2,723,000 after acquiring an additional 3,155 shares during the last quarter. Institutional investors own 24.02% of the company’s stock.

HF Foods Group Trading Down 4.3 %

Shares of HF Foods Group stock opened at $3.80 on Friday. The company has a debt-to-equity ratio of 0.43, a current ratio of 1.18 and a quick ratio of 0.45. The business has a fifty day simple moving average of $2.98 and a two-hundred day simple moving average of $3.21. HF Foods Group Inc. has a 1 year low of $1.70 and a 1 year high of $4.93. The company has a market capitalization of $200.40 million, a price-to-earnings ratio of -126.67 and a beta of 0.46.

HF Foods Group (NASDAQ:HFFG) last issued its quarterly earnings data on Thursday, March 13th. The company reported $0.11 earnings per share for the quarter, beating the consensus estimate of $0.09 by $0.02. The company had revenue of $305.28 million for the quarter, compared to analyst estimates of $287.86 million. HF Foods Group had a negative net margin of 0.16% and a positive return on equity of 6.96%. Research analysts forecast that HF Foods Group Inc. will post 0.22 EPS for the current year.

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.