Thrivent Financial For Lutherans increased its position in Hanmi Financial Corporation (NASDAQ:HAFC) by 2.7% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,145,173 shares of the bank’s stock after buying an additional 30,130 shares during the period. Thrivent Financial For Lutherans owned about 3.57% of Hanmi Financial Corporation worth $32,580,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of HAFC. BlackRock Inc. raised its position in shares of Hanmi Financial Corporation by 48,878.9% in the first quarter. BlackRock Inc. now owns 3,983,942 shares of the bank’s stock valued at $122,506,000 after buying an additional 3,975,808 shares during the last quarter. Massachusetts Financial Services Co. MA acquired a new position in shares of Hanmi Financial Corporation in the first quarter valued at approximately $5,485,000. LSV Asset Management raised its position in shares of Hanmi Financial Corporation by 14.4% in the second quarter. LSV Asset Management now owns 1,086,094 shares of the bank’s stock valued at $30,899,000 after buying an additional 136,400 shares during the last quarter. Bank of New York Mellon Corp raised its position in shares of Hanmi Financial Corporation by 27.6% in the first quarter. Bank of New York Mellon Corp now owns 608,774 shares of the bank’s stock valued at $18,720,000 after buying an additional 131,614 shares during the last quarter. Finally, State Street Corp raised its position in shares of Hanmi Financial Corporation by 11.6% in the first quarter. State Street Corp now owns 1,014,542 shares of the bank’s stock valued at $31,194,000 after buying an additional 105,588 shares during the last quarter. 88.39% of the stock is owned by institutional investors and hedge funds.

Shares of Hanmi Financial Corporation (NASDAQ HAFC) traded up 0.92% during trading on Monday, reaching $27.40. 8,292 shares of the company traded hands. The firm has a market capitalization of $879.18 million, a PE ratio of 15.93 and a beta of 0.78. The firm has a 50-day moving average price of $27.30 and a 200-day moving average price of $28.72. Hanmi Financial Corporation has a 12 month low of $22.76 and a 12 month high of $35.85.

Hanmi Financial Corporation (NASDAQ:HAFC) last announced its earnings results on Tuesday, July 18th. The bank reported $0.45 EPS for the quarter, hitting the consensus estimate of $0.45. Hanmi Financial Corporation had a net margin of 24.79% and a return on equity of 10.41%. The company had revenue of $52.88 million during the quarter, compared to analysts’ expectations of $50.85 million. During the same period last year, the company posted $0.44 earnings per share. Equities research analysts anticipate that Hanmi Financial Corporation will post $1.82 EPS for the current year.

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HAFC has been the subject of a number of analyst reports. Zacks Investment Research raised shares of Hanmi Financial Corporation from a “sell” rating to a “hold” rating in a research report on Friday, September 1st. ValuEngine lowered shares of Hanmi Financial Corporation from a “buy” rating to a “hold” rating in a research report on Friday, September 1st. Piper Jaffray Companies reissued a “hold” rating and issued a $31.00 price objective on shares of Hanmi Financial Corporation in a research report on Wednesday, July 12th. Finally, BidaskClub lowered shares of Hanmi Financial Corporation from a “sell” rating to a “strong sell” rating in a research report on Monday, August 14th. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and one has given a buy rating to the stock. The company has a consensus rating of “Hold” and a consensus price target of $33.00.

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.

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

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