KCG Holdings Inc. boosted its position in Hanmi Financial Corporation (NASDAQ:HAFC) by 6.1% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 15,168 shares of the bank’s stock after buying an additional 874 shares during the period. KCG Holdings Inc.’s holdings in Hanmi Financial Corporation were worth $466,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of HAFC. Great West Life Assurance Co. Can increased its stake in shares of Hanmi Financial Corporation by 7.6% in the first quarter. Great West Life Assurance Co. Can now owns 45,193 shares of the bank’s stock worth $1,387,000 after buying an additional 3,180 shares during the period. Wells Fargo & Company MN increased its stake in shares of Hanmi Financial Corporation by 0.7% in the first quarter. Wells Fargo & Company MN now owns 208,259 shares of the bank’s stock worth $6,404,000 after buying an additional 1,550 shares during the period. Fisher Asset Management LLC increased its stake in shares of Hanmi Financial Corporation by 43.2% in the first quarter. Fisher Asset Management LLC now owns 63,061 shares of the bank’s stock worth $1,939,000 after buying an additional 19,009 shares during the period. State of Alaska Department of Revenue increased its stake in shares of Hanmi Financial Corporation by 2.3% in the first quarter. State of Alaska Department of Revenue now owns 3,570 shares of the bank’s stock worth $109,000 after buying an additional 80 shares during the period. Finally, Louisiana State Employees Retirement System increased its stake in shares of Hanmi Financial Corporation by 1.5% in the first quarter. Louisiana State Employees Retirement System now owns 13,200 shares of the bank’s stock worth $406,000 after buying an additional 200 shares during the period. Institutional investors and hedge funds own 88.22% of the company’s stock.

Hanmi Financial Corporation (NASDAQ:HAFC) remained flat at $28.65 during midday trading on Tuesday. 82,853 shares of the company were exchanged. The company has a 50-day moving average price of $28.50 and a 200-day moving average price of $30.08. Hanmi Financial Corporation has a 52 week low of $22.78 and a 52 week high of $35.85. The stock has a market capitalization of $919.03 million, a PE ratio of 16.66 and a beta of 0.79.

Hanmi Financial Corporation (NASDAQ:HAFC) last issued its earnings results on Tuesday, July 18th. The bank reported $0.45 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.45. The company had revenue of $52.88 million for the quarter, compared to the consensus estimate of $50.85 million. Hanmi Financial Corporation had a return on equity of 10.41% and a net margin of 24.79%. During the same quarter in the prior year, the company earned $0.44 EPS. On average, equities research analysts predict that Hanmi Financial Corporation will post $1.82 EPS for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, August 16th. Stockholders of record on Friday, July 28th will be issued a $0.21 dividend. This is an increase from Hanmi Financial Corporation’s previous quarterly dividend of $0.19. The ex-dividend date is Wednesday, July 26th. This represents a $0.84 dividend on an annualized basis and a dividend yield of 2.93%. Hanmi Financial Corporation’s dividend payout ratio is currently 48.28%.

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A number of equities research analysts have recently commented on the stock. Zacks Investment Research downgraded shares of Hanmi Financial Corporation from a “hold” rating to a “sell” rating in a report on Monday, April 24th. Piper Jaffray Companies lowered their target price on shares of Hanmi Financial Corporation from $34.00 to $32.00 and set a “neutral” rating for the company in a report on Monday, April 17th. FBR & Co restated an “outperform” rating and issued a $34.00 target price (down from $39.00) on shares of Hanmi Financial Corporation in a report on Wednesday, April 19th. Finally, Keefe, Bruyette & Woods restated a “hold” rating on shares of Hanmi Financial Corporation in a report on Thursday, April 20th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating, one has issued a buy rating and one has assigned a strong buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus target price of $32.00.

About Hanmi Financial Corporation

Hanmi Financial Corporation is the holding company for Hanmi Bank (the Bank). The Bank is a community bank conducting general business banking, with its primary market encompassing the Korean-American community, as well as other ethnic communities across California, Colorado, Georgia, Illinois, New York, Texas, Virginia and Washington.

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

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