HarborOne Bancorp, Inc. (NASDAQ:HONE - Get Free Report) shares saw strong trading volume on Friday . 480,903 shares traded hands during trading, an increase of 210% from the previous session's volume of 155,183 shares.The stock last traded at $12.70 and had previously closed at $12.85.
Analyst Ratings Changes
Several research analysts have recently issued reports on HONE shares. StockNews.com upgraded shares of HarborOne Bancorp from a "sell" rating to a "hold" rating in a report on Saturday, November 2nd. Piper Sandler decreased their price objective on shares of HarborOne Bancorp from $15.00 to $13.00 and set a "neutral" rating for the company in a research note on Friday, October 25th.
View Our Latest Report on HarborOne Bancorp
HarborOne Bancorp Stock Performance
The company has a market cap of $565.60 million, a PE ratio of 45.86 and a beta of 0.75. The stock has a 50 day simple moving average of $12.83 and a two-hundred day simple moving average of $12.23. The company has a debt-to-equity ratio of 0.92, a current ratio of 1.12 and a quick ratio of 1.11.
HarborOne Bancorp (NASDAQ:HONE - Get Free Report) last released its quarterly earnings results on Thursday, October 24th. The financial services provider reported $0.10 EPS for the quarter, missing the consensus estimate of $0.18 by ($0.08). HarborOne Bancorp had a net margin of 3.68% and a return on equity of 3.82%. The business had revenue of $79.60 million during the quarter, compared to analysts' expectations of $43.37 million. Equities analysts predict that HarborOne Bancorp, Inc. will post 0.62 EPS for the current year.
HarborOne Bancorp Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Monday, October 28th. Stockholders of record on Monday, October 14th were paid a dividend of $0.08 per share. This represents a $0.32 annualized dividend and a dividend yield of 2.49%. The ex-dividend date of this dividend was Friday, October 11th. HarborOne Bancorp's dividend payout ratio (DPR) is presently 114.29%.
Hedge Funds Weigh In On HarborOne Bancorp
A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Franklin Resources Inc. lifted its stake in shares of HarborOne Bancorp by 194.9% in the 3rd quarter. Franklin Resources Inc. now owns 37,714 shares of the financial services provider's stock worth $496,000 after acquiring an additional 24,924 shares during the period. Barclays PLC raised its holdings in HarborOne Bancorp by 40.7% during the third quarter. Barclays PLC now owns 107,289 shares of the financial services provider's stock worth $1,392,000 after purchasing an additional 31,045 shares in the last quarter. Jane Street Group LLC lifted its position in HarborOne Bancorp by 76.6% in the third quarter. Jane Street Group LLC now owns 67,031 shares of the financial services provider's stock valued at $870,000 after purchasing an additional 29,066 shares during the period. Jacobs Levy Equity Management Inc. boosted its holdings in HarborOne Bancorp by 0.6% in the 3rd quarter. Jacobs Levy Equity Management Inc. now owns 199,702 shares of the financial services provider's stock valued at $2,592,000 after purchasing an additional 1,285 shares in the last quarter. Finally, Point72 Asia Singapore Pte. Ltd. boosted its holdings in HarborOne Bancorp by 164.7% in the 3rd quarter. Point72 Asia Singapore Pte. Ltd. now owns 4,217 shares of the financial services provider's stock valued at $55,000 after purchasing an additional 2,624 shares in the last quarter. 65.01% of the stock is currently owned by hedge funds and other institutional investors.
About HarborOne Bancorp
(
Get Free Report)
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.
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