North Star Investment Management Corp. Grows Stock Holdings in Hf Foods Group Inc. $HFFG

North Star Investment Management Corp. grew its position in shares of Hf Foods Group Inc. (NASDAQ:HFFGFree Report) by 1,564.3% in the 1st quarter, HoldingsChannel reports. The firm owned 466,000 shares of the company’s stock after acquiring an additional 438,000 shares during the quarter. North Star Investment Management Corp.’s holdings in Hf Foods Group were worth $862,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in HFFG. Russell Investments Group Ltd. boosted its holdings in shares of Hf Foods Group by 9,703.0% in the 4th quarter. Russell Investments Group Ltd. now owns 349,576 shares of the company’s stock worth $752,000 after purchasing an additional 346,010 shares in the last quarter. Rothschild Wealth LLC purchased a new position in shares of Hf Foods Group during the 4th quarter valued at about $456,000. Bridgeway Capital Management LLC lifted its position in Hf Foods Group by 665.4% in the 2nd quarter. Bridgeway Capital Management LLC now owns 105,818 shares of the company’s stock worth $337,000 after buying an additional 91,992 shares during the last quarter. Jane Street Group LLC bought a new stake in Hf Foods Group in the 1st quarter worth approximately $319,000. Finally, American Century Companies Inc. bought a new stake in Hf Foods Group in the 2nd quarter worth approximately $162,000. Institutional investors own 24.02% of the company’s stock.

Hf Foods Group Price Performance

Shares of Hf Foods Group stock opened at $1.50 on Tuesday. The company has a debt-to-equity ratio of 0.59, a current ratio of 1.11 and a quick ratio of 0.49. The business’s 50 day simple moving average is $1.92 and its two-hundred day simple moving average is $1.98. The stock has a market capitalization of $80.48 million, a P/E ratio of -2.21, a price-to-earnings-growth ratio of 0.45 and a beta of 0.53. Hf Foods Group Inc. has a one year low of $1.38 and a one year high of $3.87.

Hf Foods Group (NASDAQ:HFFGGet Free Report) last announced its quarterly earnings data on Monday, May 11th. The company reported $0.06 earnings per share for the quarter, meeting the consensus estimate of $0.06. The firm had revenue of $312.00 million during the quarter, compared to the consensus estimate of $307.36 million. Hf Foods Group had a positive return on equity of 6.94% and a negative net margin of 2.90%. Analysts forecast that Hf Foods Group Inc. will post 0.33 EPS for the current year.

Analyst Ratings Changes

A number of research analysts have commented on HFFG shares. Wall Street Zen cut shares of Hf Foods Group from a “buy” rating to a “hold” rating in a research report on Saturday, March 21st. Alliance Global Partners began coverage on shares of Hf Foods Group in a research note on Thursday, April 16th. They set a “buy” rating and a $5.00 price target on the stock. Roth Mkm restated a “buy” rating on shares of Hf Foods Group in a report on Wednesday, April 29th. Finally, Weiss Ratings raised shares of Hf Foods Group from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Thursday, June 18th. Two equities research analysts have rated the stock with a Buy rating and one has given a Sell rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $5.50.

Check Out Our Latest Analysis on Hf Foods Group

Hf Foods Group Company Profile

(Free Report)

HF Foods Group, Inc, together with its subsidiaries, manufactures, imports and distributes a variety of ethnic and specialty food products primarily for retail and foodservice customers in the United States. The company focuses on value‐added fresh and frozen offerings that cater to growing consumer interest in Hispanic and other global cuisines. Its vertically integrated operations include in‐house manufacturing, procurement of specialty ingredients, and third‐party distribution partnerships.

The company’s product portfolio spans a broad range of categories, including fresh and frozen tamales, enchiladas, empanadas, tortillas and quesadillas, as well as shelf‐stable salsas, sauces, dips, spreads and snack items.

Recommended Stories

Want to see what other hedge funds are holding HFFG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Hf Foods Group Inc. (NASDAQ:HFFGFree Report).

Institutional Ownership by Quarter for Hf Foods Group (NASDAQ:HFFG)

Receive News & Ratings for Hf Foods Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hf Foods Group and related companies with MarketBeat.com's FREE daily email newsletter.