9,062 Shares in Hanmi Financial Co. (NASDAQ:HAFC) Acquired by ProShare Advisors LLC

ProShare Advisors LLC acquired a new position in Hanmi Financial Co. (NASDAQ:HAFC) during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 9,062 shares of the bank’s stock, valued at approximately $214,000.

Several other institutional investors also recently modified their holdings of HAFC. R Squared Ltd bought a new position in shares of Hanmi Financial in the fourth quarter worth approximately $43,000. Empowered Funds LLC increased its position in shares of Hanmi Financial by 5.1% in the fourth quarter. Empowered Funds LLC now owns 108,704 shares of the bank’s stock worth $2,568,000 after purchasing an additional 5,258 shares during the last quarter. Savant Capital LLC increased its position in shares of Hanmi Financial by 4.4% in the fourth quarter. Savant Capital LLC now owns 18,243 shares of the bank’s stock worth $431,000 after purchasing an additional 776 shares during the last quarter. Principal Financial Group Inc. grew its position in Hanmi Financial by 4.0% during the fourth quarter. Principal Financial Group Inc. now owns 170,942 shares of the bank’s stock valued at $4,038,000 after acquiring an additional 6,643 shares during the last quarter. Finally, New York State Common Retirement Fund grew its position in Hanmi Financial by 17.0% during the fourth quarter. New York State Common Retirement Fund now owns 8,257 shares of the bank’s stock valued at $195,000 after acquiring an additional 1,200 shares during the last quarter. 88.66% of the stock is currently owned by institutional investors.

Hanmi Financial Stock Down 0.6%

Shares of NASDAQ HAFC opened at $23.01 on Friday. Hanmi Financial Co. has a one year low of $14.97 and a one year high of $27.59. The company has a debt-to-equity ratio of 0.54, a current ratio of 1.00 and a quick ratio of 0.99. The firm’s 50 day simple moving average is $22.52 and its two-hundred day simple moving average is $23.45. The stock has a market capitalization of $695.18 million, a P/E ratio of 11.22 and a beta of 0.67.

Hanmi Financial (NASDAQ:HAFC) last issued its quarterly earnings results on Tuesday, April 22nd. The bank reported $0.58 EPS for the quarter, beating analysts’ consensus estimates of $0.57 by $0.01. Hanmi Financial had a net margin of 14.45% and a return on equity of 8.64%. The business had revenue of $62.82 million for the quarter, compared to analysts’ expectations of $63.45 million. As a group, analysts expect that Hanmi Financial Co. will post 2.6 EPS for the current fiscal year.

Hanmi Financial Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, May 21st. Shareholders of record on Monday, May 5th were given a dividend of $0.27 per share. This represents a $1.08 dividend on an annualized basis and a yield of 4.69%. The ex-dividend date of this dividend was Monday, May 5th. Hanmi Financial’s payout ratio is currently 50.70%.

Hanmi Financial Company Profile

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.