Victory Capital Management Inc. Increases Stock Position in HarborOne Bancorp, Inc. (NASDAQ:HONE)

Victory Capital Management Inc. raised its stake in shares of HarborOne Bancorp, Inc. (NASDAQ:HONE - Free Report) by 9.1% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 286,072 shares of the financial services provider's stock after acquiring an additional 23,900 shares during the period. Victory Capital Management Inc. owned approximately 0.65% of HarborOne Bancorp worth $3,384,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Charles Schwab Investment Management Inc. lifted its holdings in shares of HarborOne Bancorp by 0.7% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 319,407 shares of the financial services provider's stock worth $3,779,000 after purchasing an additional 2,363 shares during the period. US Bancorp DE raised its position in HarborOne Bancorp by 1,306.7% during the 4th quarter. US Bancorp DE now owns 5,880 shares of the financial services provider's stock worth $70,000 after buying an additional 5,462 shares during the last quarter. Genesis Wealth Advisors LLC acquired a new stake in shares of HarborOne Bancorp in the 4th quarter worth $356,000. Y Intercept Hong Kong Ltd purchased a new stake in shares of HarborOne Bancorp in the fourth quarter valued at about $176,000. Finally, Empowered Funds LLC increased its stake in shares of HarborOne Bancorp by 5.1% during the fourth quarter. Empowered Funds LLC now owns 123,756 shares of the financial services provider's stock worth $1,464,000 after acquiring an additional 5,966 shares during the period. 65.01% of the stock is currently owned by hedge funds and other institutional investors.

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HarborOne Bancorp Stock Performance

NASDAQ:HONE traded down $0.08 during mid-day trading on Thursday, reaching $10.76. The stock had a trading volume of 50,719 shares, compared to its average volume of 159,388. HarborOne Bancorp, Inc. has a twelve month low of $9.16 and a twelve month high of $14.00. The business has a 50 day simple moving average of $11.56 and a 200 day simple moving average of $12.26. The firm has a market capitalization of $468.04 million, a price-to-earnings ratio of 16.36 and a beta of 0.73. The company has a debt-to-equity ratio of 0.92, a quick ratio of 1.11 and a current ratio of 1.12.

HarborOne Bancorp (NASDAQ:HONE - Get Free Report) last announced its quarterly earnings data on Tuesday, February 4th. The financial services provider reported $0.20 earnings per share for the quarter, topping analysts' consensus estimates of $0.18 by $0.02. HarborOne Bancorp had a return on equity of 4.63% and a net margin of 8.61%. On average, analysts expect that HarborOne Bancorp, Inc. will post 0.83 earnings per share for the current fiscal year.

HarborOne Bancorp Profile

HarborOne Bancorp, Inc operates as the holding company for HarborOne Bank that provides financial services to individuals, families, small and mid-size businesses, and municipalities. The company operates in two segments, HarborOne Bank and HarborOne Mortgage. Its primary deposit products include checking, money market, savings, and term certificate of deposit accounts; and primary lending products comprise commercial real estate, commercial, residential mortgages, home equity, and consumer loans.