Hanmi Financial (HAFC) Trades at $30.85 After Triangle; Westwood Holdings Group Has Raised Pentair Plc (PNR) Holding

Pentair plc (NYSE:PNR) Logo

Hanmi Financial Corporation (HAFC) formed triangle with $32.70 target or 6.00% above today’s $30.85 share price. Hanmi Financial Corporation (HAFC) has $1.00 billion valuation. The stock decreased 0.80% or $0.25 during the last trading session, reaching $30.85. About 130,887 shares traded. Hanmi Financial Corporation (NASDAQ:HAFC) has risen 2.20% since April 14, 2017 and is uptrending. It has underperformed by 9.35% the S&P500.

Westwood Holdings Group Inc increased Pentair Plc (PNR) stake by 0.72% reported in 2017Q4 SEC filing. Westwood Holdings Group Inc acquired 4,967 shares as Pentair Plc (PNR)’s stock declined 2.08%. The Westwood Holdings Group Inc holds 692,320 shares with $48.89M value, up from 687,353 last quarter. Pentair Plc now has $12.49B valuation. The stock decreased 0.10% or $0.07 during the last trading session, reaching $70.01. About 696,885 shares traded. Pentair plc (NYSE:PNR) has risen 11.82% since April 14, 2017 and is uptrending. It has outperformed by 0.27% the S&P500.

Since January 26, 2018, it had 1 insider purchase, and 0 selling transactions for $94,682 activity. Ahn John J had bought 3,000 shares worth $94,682.

Among 7 analysts covering Hanmi Financial (NASDAQ:HAFC), 3 have Buy rating, 0 Sell and 4 Hold. Therefore 43% are positive. Hanmi Financial has $39 highest and $26 lowest target. $31.20’s average target is 1.13% above currents $30.85 stock price. Hanmi Financial had 18 analyst reports since July 28, 2015 according to SRatingsIntel. On Tuesday, August 25 the stock rating was upgraded by Raymond James to “Outperform”. Raymond James upgraded Hanmi Financial Corporation (NASDAQ:HAFC) on Thursday, January 28 to “Strong Buy” rating. The rating was maintained by FBR Capital with “Outperform” on Wednesday, January 25. On Thursday, December 21 the stock rating was maintained by Keefe Bruyette & Woods with “Hold”. The stock has “Market Perform” rating by Wood on Thursday, June 2. The company was maintained on Thursday, October 5 by Piper Jaffray. The rating was maintained by Piper Jaffray on Monday, July 10 with “Hold”. The firm has “Market Perform” rating by FIG Partners given on Wednesday, October 19. As per Wednesday, October 19, the company rating was maintained by FBR Capital. The firm has “Hold” rating by Keefe Bruyette & Woods given on Tuesday, August 8.

Analysts await Hanmi Financial Corporation (NASDAQ:HAFC) to report earnings on April, 17. They expect $0.54 earnings per share, up 25.58% or $0.11 from last year’s $0.43 per share. HAFC’s profit will be $17.52M for 14.28 P/E if the $0.54 EPS becomes a reality. After $0.48 actual earnings per share reported by Hanmi Financial Corporation for the previous quarter, Wall Street now forecasts 12.50% EPS growth.

Investors sentiment increased to 1.04 in Q4 2017. Its up 0.16, from 0.88 in 2017Q3. It improved, as 6 investors sold Hanmi Financial Corporation shares while 51 reduced holdings. 17 funds opened positions while 42 raised stakes. 28.39 million shares or 0.61% less from 28.57 million shares in 2017Q3 were reported. Moreover, Zebra Cap Mngmt Ltd Limited Liability Company has 0.26% invested in Hanmi Financial Corporation (NASDAQ:HAFC) for 25,711 shares. Sg Americas Ltd Liability Corp invested in 17,915 shares. 17,170 are owned by Alps Advsr Inc. Envestnet Asset Mngmt accumulated 1,539 shares or 0% of the stock. Public Employees Retirement Association Of Colorado holds 0.11% of its portfolio in Hanmi Financial Corporation (NASDAQ:HAFC) for 576,225 shares. Aperio Group Inc Limited Com holds 0% or 7,949 shares. Bnp Paribas Arbitrage Sa holds 0% or 23,959 shares in its portfolio. Texas Permanent School Fund holds 21,906 shares. Massachusetts Fin Services Ma reported 0% in Hanmi Financial Corporation (NASDAQ:HAFC). Ameriprise Inc has invested 0% in Hanmi Financial Corporation (NASDAQ:HAFC). First Wilshire Secs Mgmt holds 0.08% or 9,774 shares. 6,787 were accumulated by First Quadrant Limited Partnership Ca. Moreover, Mason Street Advsrs Limited Liability Company has 0.01% invested in Hanmi Financial Corporation (NASDAQ:HAFC). Moreover, Susquehanna Interest Ltd Liability Partnership has 0% invested in Hanmi Financial Corporation (NASDAQ:HAFC) for 6,787 shares. Thrivent Financial For Lutherans holds 0.12% in Hanmi Financial Corporation (NASDAQ:HAFC) or 1.19M shares.

Investors sentiment increased to 1.18 in Q4 2017. Its up 0.14, from 1.04 in 2017Q3. It improved, as 31 investors sold PNR shares while 139 reduced holdings. 66 funds opened positions while 134 raised stakes. 154.07 million shares or 1.95% more from 151.12 million shares in 2017Q3 were reported. Bluemountain Capital Management Ltd Liability Company stated it has 0.04% in Pentair plc (NYSE:PNR). Aviva Public Limited Com invested in 0.04% or 92,388 shares. Sumitomo Mitsui Asset stated it has 0.01% in Pentair plc (NYSE:PNR). Earnest Partners Ltd Co holds 0% in Pentair plc (NYSE:PNR) or 77 shares. Carroll Financial Assocs stated it has 230 shares or 0% of all its holdings. Tompkins, a New York-based fund reported 4,595 shares. Nuveen Asset Limited Liability Corp invested in 13,832 shares or 0.01% of the stock. Oregon Public Employees Retirement Fund owns 17,684 shares for 0.02% of their portfolio. Fulton Savings Bank Na has 3,602 shares for 0.02% of their portfolio. 767 were accumulated by Twin Tree Management L P. California-based California State Teachers Retirement System has invested 0.04% in Pentair plc (NYSE:PNR). Btr Capital Mngmt Inc owns 117,453 shares. Rhumbline Advisers holds 0.04% of its portfolio in Pentair plc (NYSE:PNR) for 300,916 shares. Eaton Vance Management, Massachusetts-based fund reported 64,587 shares. Lord Abbett & Ltd invested in 1.78M shares or 0.36% of the stock.

Since January 3, 2018, it had 0 insider buys, and 1 sale for $168,166 activity. $168,166 worth of Pentair plc (NYSE:PNR) was sold by Stauch John L.

Among 24 analysts covering Pentair Inc. (NYSE:PNR), 7 have Buy rating, 4 Sell and 13 Hold. Therefore 29% are positive. Pentair Inc. had 84 analyst reports since July 22, 2015 according to SRatingsIntel. The stock of Pentair plc (NYSE:PNR) has “Market Perform” rating given on Wednesday, October 25 by BMO Capital Markets. The firm has “Hold” rating given on Wednesday, October 25 by Stifel Nicolaus. As per Monday, August 22, the company rating was maintained by BMO Capital Markets. The firm earned “Neutral” rating on Monday, November 7 by Susquehanna. BMO Capital Markets maintained it with “Hold” rating and $70.0 target in Wednesday, September 6 report. The company was maintained on Wednesday, January 31 by Stifel Nicolaus. The rating was upgraded by Vertical Research on Monday, January 23 to “Buy”. The rating was maintained by BMO Capital Markets with “Hold” on Thursday, January 25. RBC Capital Markets maintained it with “Outperform” rating and $77 target in Wednesday, April 26 report. The rating was upgraded by Seaport Global on Friday, June 10 to “Buy”.

Hanmi Financial Corporation (NASDAQ:HAFC) Institutional Positions Chart