Home Bancshares, Inc. (Conway, AR) (NYSE:HOMB) Shares Bought by Fisher Asset Management LLC

Fisher Asset Management LLC lifted its position in shares of Home Bancshares, Inc. (Conway, AR) (NYSE:HOMB - Free Report) by 18.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 2,090,463 shares of the financial services provider's stock after acquiring an additional 324,664 shares during the quarter. Fisher Asset Management LLC owned 1.05% of Home Bancshares, Inc. (Conway, AR) worth $59,160,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in the company. Geode Capital Management LLC boosted its position in shares of Home Bancshares, Inc. (Conway, AR) by 1.4% during the 3rd quarter. Geode Capital Management LLC now owns 4,465,144 shares of the financial services provider's stock worth $120,983,000 after purchasing an additional 60,588 shares in the last quarter. Copeland Capital Management LLC lifted its position in shares of Home Bancshares, Inc. (Conway, AR) by 0.6% during the 4th quarter. Copeland Capital Management LLC now owns 3,259,934 shares of the financial services provider's stock valued at $92,256,000 after acquiring an additional 19,290 shares during the period. Charles Schwab Investment Management Inc. boosted its stake in shares of Home Bancshares, Inc. (Conway, AR) by 7.0% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 2,046,153 shares of the financial services provider's stock worth $55,430,000 after acquiring an additional 134,741 shares in the last quarter. Fort Washington Investment Advisors Inc. OH grew its holdings in shares of Home Bancshares, Inc. (Conway, AR) by 14.9% in the 4th quarter. Fort Washington Investment Advisors Inc. OH now owns 725,572 shares of the financial services provider's stock worth $20,534,000 after acquiring an additional 94,190 shares during the period. Finally, Barclays PLC increased its stake in Home Bancshares, Inc. (Conway, AR) by 65.2% in the 3rd quarter. Barclays PLC now owns 422,952 shares of the financial services provider's stock valued at $11,458,000 after purchasing an additional 166,927 shares in the last quarter. 67.31% of the stock is owned by hedge funds and other institutional investors.

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Insiders Place Their Bets

In other Home Bancshares, Inc. (Conway, AR) news, CEO John W. Allison purchased 10,000 shares of Home Bancshares, Inc. (Conway, AR) stock in a transaction on Tuesday, January 21st. The shares were purchased at an average cost of $30.76 per share, with a total value of $307,600.00. Following the completion of the transaction, the chief executive officer now directly owns 5,693,182 shares in the company, valued at approximately $175,122,278.32. This represents a 0.18 % increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 7.66% of the stock is currently owned by insiders.

Home Bancshares, Inc. (Conway, AR) Trading Down 0.0 %

Shares of HOMB traded down $0.00 during mid-day trading on Wednesday, hitting $28.98. The company had a trading volume of 1,149,235 shares, compared to its average volume of 1,100,479. Home Bancshares, Inc. has a 1-year low of $22.38 and a 1-year high of $32.90. The business's 50-day simple moving average is $29.50 and its 200-day simple moving average is $28.76. The stock has a market cap of $5.76 billion, a PE ratio of 14.35 and a beta of 1.10. The company has a quick ratio of 0.91, a current ratio of 0.89 and a debt-to-equity ratio of 0.26.

Home Bancshares, Inc. (Conway, AR) (NYSE:HOMB - Get Free Report) last announced its quarterly earnings results on Wednesday, January 15th. The financial services provider reported $0.50 earnings per share for the quarter, missing analysts' consensus estimates of $0.52 by ($0.02). Home Bancshares, Inc. (Conway, AR) had a net margin of 27.39% and a return on equity of 10.31%. The company had revenue of $258.40 million during the quarter, compared to analyst estimates of $256.67 million. During the same quarter last year, the business earned $0.43 EPS. The firm's revenue for the quarter was up 5.2% compared to the same quarter last year. Sell-side analysts forecast that Home Bancshares, Inc. will post 2.19 earnings per share for the current year.

Home Bancshares, Inc. (Conway, AR) Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, March 5th. Shareholders of record on Wednesday, February 12th will be given a dividend of $0.195 per share. This represents a $0.78 dividend on an annualized basis and a yield of 2.69%. The ex-dividend date is Wednesday, February 12th. Home Bancshares, Inc. (Conway, AR)'s dividend payout ratio (DPR) is presently 38.61%.

Analyst Ratings Changes

A number of research firms have commented on HOMB. StockNews.com upgraded Home Bancshares, Inc. (Conway, AR) from a "sell" rating to a "hold" rating in a research report on Wednesday, November 6th. Stephens reiterated an "overweight" rating and issued a $34.00 price target on shares of Home Bancshares, Inc. (Conway, AR) in a research report on Thursday, January 16th. Keefe, Bruyette & Woods upped their target price on Home Bancshares, Inc. (Conway, AR) from $28.00 to $32.00 and gave the company a "market perform" rating in a research note on Wednesday, December 4th. Finally, Hovde Group reduced their price objective on Home Bancshares, Inc. (Conway, AR) from $36.00 to $35.00 and set an "outperform" rating on the stock in a research report on Friday, January 17th. Three investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. Based on data from MarketBeat.com, Home Bancshares, Inc. (Conway, AR) presently has an average rating of "Moderate Buy" and an average price target of $32.00.

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.