Hennion & Walsh Asset Management, Vanguard Group, and Acadian Asset Management increased stakes in Hanmi Financial, which reported Q2 earnings of $0.48 per share.

Hennion & Walsh Asset Management Inc. purchased a stake in Hanmi Financial Co. (NASDAQ:HAFC) valued at approximately $245,000, and other institutional investors, such as Vanguard Group Inc. and Acadian Asset Management LLC, also increased their positions in the bank. Hanmi Financial reported Q2 earnings of $0.48 per share, meeting the consensus estimate, and had revenue of $106.72 million. The bank has a dividend yield of 5.27% and a P/E ratio of 7.90. Wedbush and DA Davidson raised their price targets on Hanmi Financial shares and gave the company a "neutral" rating.

August 23, 2024
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