Home Bancshares, Inc. (Conway, AR) (NYSE:HOMB) Shares Bought by Barclays PLC

Barclays PLC increased its position in shares of Home Bancshares, Inc. (Conway, AR) (NYSE:HOMB - Free Report) by 20.7% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 510,546 shares of the financial services provider's stock after buying an additional 87,594 shares during the quarter. Barclays PLC owned about 0.26% of Home Bancshares, Inc. (Conway, AR) worth $14,449,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in HOMB. Norges Bank acquired a new position in shares of Home Bancshares, Inc. (Conway, AR) in the 4th quarter valued at $60,169,000. Boston Partners purchased a new stake in Home Bancshares, Inc. (Conway, AR) in the 4th quarter valued at about $27,825,000. Fisher Asset Management LLC boosted its stake in Home Bancshares, Inc. (Conway, AR) by 18.4% during the fourth quarter. Fisher Asset Management LLC now owns 2,090,463 shares of the financial services provider's stock worth $59,160,000 after buying an additional 324,664 shares during the period. JPMorgan Chase & Co. increased its position in shares of Home Bancshares, Inc. (Conway, AR) by 24.2% during the fourth quarter. JPMorgan Chase & Co. now owns 1,285,348 shares of the financial services provider's stock valued at $36,375,000 after acquiring an additional 250,703 shares during the last quarter. Finally, Raymond James Financial Inc. purchased a new stake in shares of Home Bancshares, Inc. (Conway, AR) in the 4th quarter valued at approximately $5,656,000. 67.31% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Home Bancshares, Inc. (Conway, AR) news, CAO Jennifer C. Floyd sold 2,500 shares of the firm's stock in a transaction on Wednesday, April 23rd. The stock was sold at an average price of $27.45, for a total value of $68,625.00. Following the sale, the chief accounting officer now directly owns 4,301 shares in the company, valued at $118,062.45. This trade represents a 36.76 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 6.30% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

Several analysts recently weighed in on HOMB shares. StockNews.com upgraded shares of Home Bancshares, Inc. (Conway, AR) from a "sell" rating to a "hold" rating in a report on Friday, April 18th. Stephens reiterated an "overweight" rating and issued a $33.00 price objective on shares of Home Bancshares, Inc. (Conway, AR) in a report on Monday. Royal Bank of Canada decreased their target price on Home Bancshares, Inc. (Conway, AR) from $33.00 to $31.00 and set a "sector perform" rating on the stock in a research note on Monday. Finally, Hovde Group dropped their target price on Home Bancshares, Inc. (Conway, AR) from $36.00 to $35.00 and set an "outperform" rating for the company in a research report on Friday, January 17th. Three analysts have rated the stock with a hold rating and three have given a buy rating to the company. According to MarketBeat, the company has an average rating of "Moderate Buy" and an average target price of $32.40.

Home Bancshares, Inc. (Conway, AR) Stock Up 1.2 %

NYSE:HOMB traded up $0.32 during midday trading on Wednesday, reaching $27.55. The company had a trading volume of 1,128,114 shares, compared to its average volume of 1,020,129. Home Bancshares, Inc. has a 12-month low of $22.42 and a 12-month high of $32.91. The firm has a market capitalization of $5.47 billion, a price-to-earnings ratio of 13.64 and a beta of 0.93. The company has a current ratio of 0.89, a quick ratio of 0.91 and a debt-to-equity ratio of 0.26. The stock's fifty day simple moving average is $27.91 and its 200-day simple moving average is $28.79.

Home Bancshares, Inc. (Conway, AR) (NYSE:HOMB - Get Free Report) last announced its quarterly earnings data on Wednesday, April 16th. The financial services provider reported $0.56 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.54 by $0.02. Home Bancshares, Inc. (Conway, AR) had a return on equity of 10.31% and a net margin of 27.39%. The business had revenue of $260.08 million during the quarter, compared to analysts' expectations of $255.20 million. On average, sell-side analysts anticipate that Home Bancshares, Inc. will post 2.19 earnings per share for the current fiscal year.

Home Bancshares, Inc. (Conway, AR) Profile

Home Bancshares, Inc (Conway, AR) operates as the bank holding company for Centennial Bank that provides commercial and retail banking, and related financial services to businesses, real estate developers and investors, individuals, and municipalities. Its deposit products include checking, savings, and money market accounts, as well as certificates of deposit.