Home Bancshares, Inc. (Conway, AR) (NYSE:HOMB) Shares Sold by Greenwood Gearhart Inc.

Greenwood Gearhart Inc. decreased its holdings in shares of Home Bancshares, Inc. (Conway, AR) (NYSE:HOMB - Free Report) by 7.4% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 214,684 shares of the financial services provider's stock after selling 17,270 shares during the period. Greenwood Gearhart Inc. owned about 0.11% of Home Bancshares, Inc. (Conway, AR) worth $6,076,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. FMR LLC increased its holdings in Home Bancshares, Inc. (Conway, AR) by 51.9% in the 3rd quarter. FMR LLC now owns 15,847 shares of the financial services provider's stock valued at $429,000 after acquiring an additional 5,417 shares during the last quarter. HighTower Advisors LLC boosted its stake in Home Bancshares, Inc. (Conway, AR) by 5.7% during the third quarter. HighTower Advisors LLC now owns 20,030 shares of the financial services provider's stock worth $545,000 after buying an additional 1,077 shares during the period. Stifel Financial Corp grew its holdings in Home Bancshares, Inc. (Conway, AR) by 8.2% during the 3rd quarter. Stifel Financial Corp now owns 121,187 shares of the financial services provider's stock valued at $3,283,000 after purchasing an additional 9,218 shares during the last quarter. XTX Topco Ltd purchased a new stake in shares of Home Bancshares, Inc. (Conway, AR) in the third quarter worth approximately $277,000. Finally, Public Employees Retirement System of Ohio increased its stake in Home Bancshares, Inc. (Conway, AR) by 519.7% in the third quarter. Public Employees Retirement System of Ohio now owns 6,996 shares of the financial services provider's stock worth $190,000 after purchasing an additional 5,867 shares during the period. Hedge funds and other institutional investors own 67.31% of the company's stock.

Insider Buying and Selling at Home Bancshares, Inc. (Conway, AR)

In other Home Bancshares, Inc. (Conway, AR) news, CEO John W. Allison acquired 10,000 shares of the company's stock in a transaction dated Tuesday, January 21st. The shares were acquired at an average cost of $30.76 per share, with a total value of $307,600.00. Following the acquisition, the chief executive officer now directly owns 5,693,182 shares of the company's stock, valued at approximately $175,122,278.32. The trade was a 0.18 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is accessible through this link. 6.30% of the stock is currently owned by company insiders.

Home Bancshares, Inc. (Conway, AR) Stock Up 1.6 %

Home Bancshares, Inc. (Conway, AR) stock traded up $0.42 during trading hours on Friday, reaching $26.40. The stock had a trading volume of 1,667,044 shares, compared to its average volume of 1,021,677. The company has a market cap of $5.24 billion, a price-to-earnings ratio of 13.07 and a beta of 0.93. The business's 50 day moving average price is $28.06 and its 200-day moving average price is $28.77. Home Bancshares, Inc. has a 52 week low of $22.42 and a 52 week high of $32.91. The company has a debt-to-equity ratio of 0.26, a current ratio of 0.89 and a quick ratio of 0.91.

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

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

The firm also recently declared a quarterly dividend, which was paid on Wednesday, March 5th. Stockholders of record on Wednesday, February 12th were paid a dividend of $0.195 per share. The ex-dividend date was Wednesday, February 12th. This represents a $0.78 dividend on an annualized basis and a dividend yield of 2.95%. Home Bancshares, Inc. (Conway, AR)'s payout ratio is 38.61%.

Wall Street Analysts Forecast Growth

HOMB has been the topic of several research analyst reports. StockNews.com raised Home Bancshares, Inc. (Conway, AR) from a "sell" rating to a "hold" rating in a research note on Friday. Stephens restated an "overweight" rating and set a $34.00 price target on shares of Home Bancshares, Inc. (Conway, AR) in a research note on Thursday, January 16th. Finally, Hovde Group lowered their price objective on shares of Home Bancshares, Inc. (Conway, AR) from $36.00 to $35.00 and set an "outperform" rating for the company in a research note on Friday, January 17th. Three analysts have rated the stock with a hold rating and three have assigned a buy rating to the company's stock. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $32.00.

About Home Bancshares, Inc. (Conway, AR)

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.