HF Foods Group Inc. (NASDAQ:HFFG) Shares Acquired by Bank of New York Mellon Corp

Bank of New York Mellon Corp lifted its stake in HF Foods Group Inc. (NASDAQ:HFFGFree Report) by 4.7% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 122,185 shares of the company’s stock after acquiring an additional 5,488 shares during the quarter. Bank of New York Mellon Corp’s holdings in HF Foods Group were worth $485,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also modified their holdings of the stock. SG Americas Securities LLC acquired a new position in shares of HF Foods Group in the third quarter worth $75,000. Nuveen Asset Management LLC boosted its holdings in HF Foods Group by 3.4% in the second quarter. Nuveen Asset Management LLC now owns 325,578 shares of the company’s stock worth $1,527,000 after purchasing an additional 10,856 shares in the last quarter. Wells Fargo & Company MN boosted its holdings in HF Foods Group by 127.4% in the second quarter. Wells Fargo & Company MN now owns 15,322 shares of the company’s stock worth $72,000 after purchasing an additional 8,585 shares in the last quarter. Goldman Sachs Group Inc. boosted its holdings in HF Foods Group by 145.8% in the second quarter. Goldman Sachs Group Inc. now owns 44,384 shares of the company’s stock worth $208,000 after purchasing an additional 26,327 shares in the last quarter. Finally, Royal Bank of Canada boosted its holdings in HF Foods Group by 111.9% in the second quarter. Royal Bank of Canada now owns 5,194 shares of the company’s stock worth $25,000 after purchasing an additional 2,743 shares in the last quarter. 27.38% of the stock is owned by institutional investors and hedge funds.

HF Foods Group Trading Down 13.3 %

Shares of NASDAQ:HFFG opened at $4.00 on Tuesday. The stock has a market capitalization of $216.33 million, a PE ratio of -24.97 and a beta of 1.85. HF Foods Group Inc. has a 1 year low of $3.42 and a 1 year high of $5.91. The firm has a fifty day moving average price of $5.21 and a 200 day moving average price of $4.72. The company has a current ratio of 1.22, a quick ratio of 0.50 and a debt-to-equity ratio of 0.42.

HF Foods Group Profile

(Free Report)

HF Foods Group Inc, through its subsidiaries, markets and distributes 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.

Further Reading

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

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