UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Lowers Stock Holdings in Hanmi Financial Co. (NASDAQ:HAFC)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lessened its holdings in Hanmi Financial Co. (NASDAQ:HAFC) by 6.3% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 67,596 shares of the bank’s stock after selling 4,537 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned 0.22% of Hanmi Financial worth $1,597,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently bought and sold shares of the company. Empowered Funds LLC raised its holdings in shares of Hanmi Financial by 5.1% during the fourth quarter. Empowered Funds LLC now owns 108,704 shares of the bank’s stock valued at $2,568,000 after acquiring an additional 5,258 shares in the last quarter. Savant Capital LLC lifted its stake in Hanmi Financial by 4.4% during the 4th quarter. Savant Capital LLC now owns 18,243 shares of the bank’s stock valued at $431,000 after acquiring an additional 776 shares during the period. Principal Financial Group Inc. grew its position in Hanmi Financial by 4.0% in the 4th quarter. Principal Financial Group Inc. now owns 170,942 shares of the bank’s stock worth $4,038,000 after purchasing an additional 6,643 shares during the period. New York State Common Retirement Fund lifted its holdings in Hanmi Financial by 17.0% in 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 period. Finally, Ieq Capital LLC increased its holdings in Hanmi Financial by 34.0% during the fourth quarter. Ieq Capital LLC now owns 63,495 shares of the bank’s stock valued at $1,500,000 after buying an additional 16,102 shares during the last quarter. 88.66% of the stock is currently owned by hedge funds and other institutional investors.

Hanmi Financial Stock Performance

NASDAQ:HAFC opened at $23.33 on Monday. Hanmi Financial Co. has a 52-week low of $14.97 and a 52-week high of $27.59. The firm has a market capitalization of $704.85 million, a PE ratio of 11.38 and a beta of 0.73. The stock has a 50-day simple moving average of $22.54 and a two-hundred day simple moving average of $23.34. The company has a debt-to-equity ratio of 0.54, a quick ratio of 0.99 and a current ratio of 1.00.

Hanmi Financial (NASDAQ:HAFC) last announced its quarterly earnings data on Tuesday, April 22nd. The bank reported $0.58 earnings per share (EPS) for the quarter, topping 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 firm had revenue of $62.82 million during the quarter, compared to analysts’ expectations of $63.45 million. Analysts forecast that Hanmi Financial Co. will post 2.6 EPS for the current year.

Hanmi Financial Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, May 21st. Stockholders of record on Monday, May 5th were given a $0.27 dividend. The ex-dividend date of this dividend was Monday, May 5th. This represents a $1.08 annualized dividend and a dividend yield of 4.63%. Hanmi Financial’s payout ratio is 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.