HF Foods Group Inc. (NASDAQ:HFFG - Get Free Report) CEO Xi Lin purchased 5,000 shares of the company's stock in a transaction dated Monday, March 17th. The shares were bought at an average price of $2.47 per share, for a total transaction of $12,350.00. Following the completion of the transaction, the chief executive officer now directly owns 266,557 shares in the company, valued at approximately $658,395.79. This trade represents a 1.91 % increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.
HF Foods Group Stock Performance
HFFG opened at $2.93 on Thursday. The stock has a market cap of $154.50 million, a PE ratio of -97.67 and a beta of 1.61. The company has a current ratio of 1.18, a quick ratio of 0.45 and a debt-to-equity ratio of 0.43. HF Foods Group Inc. has a twelve month low of $1.70 and a twelve month high of $4.13. The business's 50 day moving average is $2.45 and its 200-day moving average is $3.09.
HF Foods Group (NASDAQ:HFFG - Get Free Report) last released its earnings results on Thursday, March 13th. The company reported $0.11 EPS for the quarter, beating the consensus estimate of $0.09 by $0.02. The firm had revenue of $305.28 million for the quarter, compared to analysts' expectations of $287.86 million. HF Foods Group had a negative net margin of 0.16% and a positive return on equity of 6.96%. On average, analysts predict that HF Foods Group Inc. will post 0.22 earnings per share for the current year.
Hedge Funds Weigh In On HF Foods Group
A number of institutional investors and hedge funds have recently added to or reduced their stakes in HFFG. SG Americas Securities LLC lifted its holdings in HF Foods Group by 41.4% in the 4th quarter. SG Americas Securities LLC now owns 19,418 shares of the company's stock valued at $62,000 after acquiring an additional 5,686 shares during the last quarter. Barclays PLC lifted its stake in HF Foods Group by 291.8% during the third quarter. Barclays PLC now owns 56,685 shares of the company's stock valued at $203,000 after purchasing an additional 42,217 shares during the last quarter. Geode Capital Management LLC increased its holdings in shares of HF Foods Group by 0.4% in the third quarter. Geode Capital Management LLC now owns 922,061 shares of the company's stock valued at $3,292,000 after buying an additional 3,815 shares in the last quarter. State Street Corp lifted its position 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 valued at $2,723,000 after acquiring an additional 3,155 shares during the last quarter. Finally, 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 in the last quarter. 24.02% of the stock is owned by institutional investors.
HF Foods Group Company Profile
(
Get Free Report)
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.
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