Home Bancshares, Inc. (Conway, AR) (NYSE:HOMB) Stock Holdings Cut by Barr E S & Co.

Barr E S & Co. lowered its holdings in Home Bancshares, Inc. (Conway, AR) (NYSE:HOMB - Free Report) by 5.5% in the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 2,400,098 shares of the financial services provider's stock after selling 140,915 shares during the quarter. Home Bancshares, Inc. (Conway, AR) makes up about 4.0% of Barr E S & Co.'s investment portfolio, making the stock its 9th largest holding. Barr E S & Co. owned approximately 1.21% of Home Bancshares, Inc. (Conway, AR) worth $67,923,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in the business. FMR LLC grew its holdings in shares of Home Bancshares, Inc. (Conway, AR) by 51.9% during the 3rd quarter. FMR LLC now owns 15,847 shares of the financial services provider's stock worth $429,000 after acquiring an additional 5,417 shares during the period. HighTower Advisors LLC raised its holdings in Home Bancshares, Inc. (Conway, AR) by 5.7% in the third quarter. HighTower Advisors LLC now owns 20,030 shares of the financial services provider's stock worth $545,000 after purchasing an additional 1,077 shares in the last quarter. Stifel Financial Corp boosted its stake in Home Bancshares, Inc. (Conway, AR) by 8.2% during the third quarter. Stifel Financial Corp now owns 121,187 shares of the financial services provider's stock worth $3,283,000 after acquiring an additional 9,218 shares in the last quarter. Jane Street Group LLC grew its holdings in Home Bancshares, Inc. (Conway, AR) by 26.8% in the third quarter. Jane Street Group LLC now owns 239,234 shares of the financial services provider's stock worth $6,481,000 after purchasing an additional 50,589 shares during the period. Finally, XTX Topco Ltd purchased a new position in shares of Home Bancshares, Inc. (Conway, AR) during the third quarter valued at approximately $277,000. 67.31% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on HOMB shares. Stephens reiterated an "overweight" rating and set a $34.00 price objective on shares of Home Bancshares, Inc. (Conway, AR) in a research note on Thursday, January 16th. StockNews.com downgraded Home Bancshares, Inc. (Conway, AR) from a "hold" rating to a "sell" rating in a report on Thursday, April 10th. Finally, Hovde Group dropped their price target on shares of Home Bancshares, Inc. (Conway, AR) from $36.00 to $35.00 and set an "outperform" rating on the stock in a report on Friday, January 17th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and three have given a buy rating to the company's stock. According to MarketBeat, Home Bancshares, Inc. (Conway, AR) has a consensus rating of "Hold" and an average price target of $32.00.

Home Bancshares, Inc. (Conway, AR) Price Performance

Shares of NYSE HOMB traded up $0.42 during mid-day trading on Friday, reaching $26.40. The company's stock had a trading volume of 1,667,044 shares, compared to its average volume of 1,024,432. The stock has a fifty day moving average of $28.15 and a two-hundred day moving average of $28.77. The firm has a market capitalization of $5.24 billion, a PE ratio of 13.07 and a beta of 0.93. 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 quarterly earnings data on Wednesday, April 16th. The financial services provider reported $0.56 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.54 by $0.02. Home Bancshares, Inc. (Conway, AR) had a net margin of 27.39% and a return on equity of 10.31%. The business had revenue of $260.08 million during the quarter, compared to analyst estimates of $255.20 million. As a group, sell-side analysts anticipate that Home Bancshares, Inc. will post 2.19 EPS for the current fiscal year.

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

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

Insiders Place Their Bets

In other news, CEO John W. Allison bought 10,000 shares of Home Bancshares, Inc. (Conway, AR) stock in a transaction dated 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 acquisition, the chief executive officer now owns 5,693,182 shares of the company's stock, valued at $175,122,278.32. This trade represents a 0.18 % increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 6.30% of the company's stock.

Home Bancshares, Inc. (Conway, AR) Company 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.