Morgan Dempsey Capital Management Raised By $580,206 Its W.P Carey Reit (WPC) Holding; Hanmi Financial (HAFC) Shorts Decreased By 6.73%

June 20, 2017 - By Kurt Siggers

Morgan Dempsey Capital Management Llc increased W.P Carey Inc Reit (WPC) stake by 20.76% reported in 2016Q4 SEC filing. Morgan Dempsey Capital Management Llc acquired 9,834 shares as W.P Carey Inc Reit (WPC)’s stock rose 0.79%. The Morgan Dempsey Capital Management Llc holds 57,206 shares with $3.38 million value, up from 47,372 last quarter. W.P Carey Inc Reit now has $7.24 billion valuation. The stock decreased 0.32% or $0.22 during the last trading session, reaching $67.8. About shares traded. W.P. Carey Inc. REIT (NYSE:WPC) has risen 2.82% since June 20, 2016 and is uptrending. It has underperformed by 13.88% the S&P500.

Hanmi Financial Corporation (NASDAQ:HAFC) had a decrease of 6.73% in short interest. HAFC’s SI was 880,900 shares in June as released by FINRA. Its down 6.73% from 944,500 shares previously. With 125,400 avg volume, 7 days are for Hanmi Financial Corporation (NASDAQ:HAFC)’s short sellers to cover HAFC’s short positions. The SI to Hanmi Financial Corporation’s float is 2.83%. The stock increased 0.34% or $0.1 during the last trading session, reaching $29.35. About shares traded. Hanmi Financial Corp (NASDAQ:HAFC) has risen 19.68% since June 20, 2016 and is uptrending. It has outperformed by 2.98% the S&P500.

Among 7 analysts covering Hanmi Financial (NASDAQ:HAFC), 4 have Buy rating, 0 Sell and 3 Hold. Therefore 57% are positive. Hanmi Financial had 12 analyst reports since July 28, 2015 according to SRatingsIntel. The rating was downgraded by FIG Partners to “Market Perform” on Wednesday, October 28. The firm has “Market Perform” rating given on Wednesday, October 19 by FIG Partners. The rating was maintained by FBR Capital with “Outperform” on Wednesday, January 25. The firm earned “Outperform” rating on Tuesday, August 25 by Raymond James. The firm earned “Neutral” rating on Friday, November 20 by Piper Jaffray. The rating was downgraded by Raymond James to “Outperform” on Tuesday, November 3. The rating was maintained by FBR Capital with “Outperform” on Wednesday, October 19. The rating was upgraded by Raymond James on Thursday, January 28 to “Strong Buy”. Wood downgraded the stock to “Market Perform” rating in Thursday, June 2 report.

Hanmi Financial Corporation is the holding firm for Hanmi Bank . The company has market cap of $947.69 million. The Bank is a community bank conducting general business banking, with its primary market encompassing the Korean-American community, as well as other ethnic communities across California, Colorado, Georgia, Illinois, New York, Texas, Virginia and Washington. It has a 17.01 P/E ratio. The Bank’s client base reflects the multi-ethnic composition of these communities.

Investors sentiment decreased to 1.13 in 2016 Q4. Its down 0.45, from 1.58 in 2016Q3. It turned negative, as 10 investors sold Hanmi Financial Corp shares while 52 reduced holdings. 21 funds opened positions while 49 raised stakes. 28.55 million shares or 2.41% more from 27.88 million shares in 2016Q3 were reported. Rbf Limited Liability Com has 0.37% invested in Hanmi Financial Corp (NASDAQ:HAFC). Assetmark Inc owns 5 shares. Moreover, Arizona State Retirement Systems has 0.01% invested in Hanmi Financial Corp (NASDAQ:HAFC) for 16,566 shares. Mutual Of America Management Limited Liability Com reported 127,016 shares or 0.08% of all its holdings. Zurcher Kantonalbank (Zurich Cantonalbank) holds 1,081 shares. Ny State Common Retirement Fund holds 0.01% or 226,810 shares in its portfolio. Pub Employees Retirement Association Of Colorado holds 0.16% or 576,225 shares in its portfolio. Susquehanna International Grp Incorporated Llp holds 36,803 shares or 0% of its portfolio. Keeley Asset Mngmt Corp reported 0.75% in Hanmi Financial Corp (NASDAQ:HAFC). Deutsche State Bank Ag invested in 0% or 25,145 shares. Connor Clark & Lunn Investment Mgmt invested 0% in Hanmi Financial Corp (NASDAQ:HAFC). James Investment Rech reported 63,025 shares. 30,611 are owned by Fincl Bank Of America De. New Jersey-based Bessemer Gp has invested 0.01% in Hanmi Financial Corp (NASDAQ:HAFC). Mason Street Advisors Ltd Liability Com owns 7,048 shares.

Since March 1, 2017, it had 0 insider purchases, and 1 sale for $34,400 activity. The insider LEE JOON HYUNG sold $34,400.

Among 5 analysts covering WP Carey & Co LLC (NYSE:WPC), 0 have Buy rating, 2 Sell and 3 Hold. Therefore 0 are positive. WP Carey & Co LLC had 10 analyst reports since August 5, 2015 according to SRatingsIntel. Evercore downgraded the shares of WPC in report on Monday, June 12 to “Underperform” rating. The rating was downgraded by Ladenburg Thalmann to “Neutral” on Thursday, February 11. The stock of W.P. Carey Inc. REIT (NYSE:WPC) earned “Hold” rating by Ladenburg Thalmann on Friday, June 16. The stock of W.P. Carey Inc. REIT (NYSE:WPC) has “Sell” rating given on Friday, December 11 by Citigroup. The stock of W.P. Carey Inc. REIT (NYSE:WPC) has “Hold” rating given on Wednesday, August 26 by Zacks. The firm has “Equal Weight” rating given on Thursday, February 11 by Capital One. The firm earned “Market Perform” rating on Wednesday, August 5 by BMO Capital Markets. The company was downgraded on Monday, April 3 by Evercore.

Investors sentiment increased to 1.39 in Q4 2016. Its up 0.22, from 1.17 in 2016Q3. It is positive, as 32 investors sold WPC shares while 77 reduced holdings. 36 funds opened positions while 116 raised stakes. 49.54 million shares or 0.34% more from 49.37 million shares in 2016Q3 were reported. Beacon Tru stated it has 41,241 shares. Pring Turner Capital Gru owns 34,070 shares. Noven Fincl Group Incorporated reported 9,404 shares stake. Allsquare Wealth Mgmt Ltd Liability Co owns 0.11% invested in W.P. Carey Inc. REIT (NYSE:WPC) for 2,000 shares. 2,200 are owned by D Scott Neal. Tci Wealth Advsr has invested 0.03% in W.P. Carey Inc. REIT (NYSE:WPC). Synovus Fincl Corp reported 2,329 shares. Associated Banc holds 13,500 shares. 305 are held by Dubuque Bank. Jnba Fincl Advisors holds 0.01% in W.P. Carey Inc. REIT (NYSE:WPC) or 719 shares. Sg Americas Secs Ltd Llc holds 0% of its portfolio in W.P. Carey Inc. REIT (NYSE:WPC) for 6,092 shares. Cg Asset Mgmt Ltd Llc reported 0.24% of its portfolio in W.P. Carey Inc. REIT (NYSE:WPC). Nicholas Inc Wi holds 189,870 shares. 35,559 are owned by Bnp Paribas Arbitrage Sa. Berkshire Asset Mgmt Ltd Pa holds 2.42% or 317,948 shares in its portfolio.

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