Hillsdale Investment Management Inc. Takes $86,000 Position in HF Foods Group Inc. (NASDAQ:HFFG)

Hillsdale Investment Management Inc. purchased a new position in HF Foods Group Inc. (NASDAQ:HFFG) during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 24,700 shares of the company’s stock, valued at approximately $86,000.

A number of other hedge funds have also modified their holdings of the stock. Privium Fund Management UK Ltd acquired a new stake in HF Foods Group during the 1st quarter valued at $46,000. BNP Paribas Financial Markets raised its stake in shares of HF Foods Group by 63.0% in the 1st quarter. BNP Paribas Financial Markets now owns 19,344 shares of the company’s stock valued at $68,000 after acquiring an additional 7,477 shares in the last quarter. SG Americas Securities LLC raised its position in shares of HF Foods Group by 16.1% in the fourth quarter. SG Americas Securities LLC now owns 22,031 shares of the company’s stock valued at $118,000 after purchasing an additional 3,055 shares during the period. Russell Investments Group Ltd. boosted its holdings in shares of HF Foods Group by 34.8% during the 4th quarter. Russell Investments Group Ltd. now owns 218,794 shares of the company’s stock worth $1,168,000 after buying an additional 56,446 shares during the period. Finally, Vanguard Group Inc. grew its position in shares of HF Foods Group by 2.2% in the first quarter. Vanguard Group Inc. now owns 1,859,613 shares of the company’s stock valued at $6,509,000 after purchasing an additional 39,438 shares during the last quarter. 24.02% of the stock is currently owned by institutional investors and hedge funds.

HF Foods Group Stock Performance

NASDAQ HFFG traded up $0.02 during trading on Monday, hitting $3.40. The company’s stock had a trading volume of 25,859 shares, compared to its average volume of 55,872. HF Foods Group Inc. has a 52 week low of $2.46 and a 52 week high of $5.91. The firm has a market cap of $178.87 million, a P/E ratio of 68.00 and a beta of 1.49. The firm has a 50 day moving average price of $3.19 and a 200 day moving average price of $3.66. The company has a quick ratio of 0.52, a current ratio of 1.23 and a debt-to-equity ratio of 0.42.

HF Foods Group (NASDAQ:HFFG) last announced its quarterly earnings data on Wednesday, May 8th. The company reported $0.05 EPS for the quarter. The business had revenue of $295.65 million during the quarter. HF Foods Group had a net margin of 0.27% and a return on equity of 7.62%.

HF Foods Group Profile

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.