Royce & Associates LP Trims Holdings in Home Bancshares, Inc. (Conway, AR) (NYSE:HOMB)

Royce & Associates LP trimmed its holdings in shares of Home Bancshares, Inc. (Conway, AR) (NYSE:HOMB - Free Report) by 1.4% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,118,536 shares of the financial services provider's stock after selling 16,293 shares during the quarter. Royce & Associates LP owned about 0.56% of Home Bancshares, Inc. (Conway, AR) worth $31,655,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. Fisher Asset Management LLC lifted its stake in Home Bancshares, Inc. (Conway, AR) by 18.4% during the fourth quarter. Fisher Asset Management LLC now owns 2,090,463 shares of the financial services provider's stock worth $59,160,000 after purchasing an additional 324,664 shares during the last quarter. Raymond James Financial Inc. purchased a new stake in shares of Home Bancshares, Inc. (Conway, AR) in the 4th quarter worth about $5,656,000. Barclays PLC lifted its holdings in Home Bancshares, Inc. (Conway, AR) by 65.2% in the third quarter. Barclays PLC now owns 422,952 shares of the financial services provider's stock worth $11,458,000 after buying an additional 166,927 shares during the period. Hodges Capital Management Inc. grew its holdings in shares of Home Bancshares, Inc. (Conway, AR) by 57.1% during the 4th quarter. Hodges Capital Management Inc. now owns 393,200 shares of the financial services provider's stock worth $11,127,000 after acquiring an additional 142,900 shares during the period. Finally, Charles Schwab Investment Management Inc. grew its holdings 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 during the period. 67.31% of the stock is currently owned by institutional investors.

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Analyst Ratings Changes

HOMB has been the topic of several research reports. Hovde Group dropped their price target 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. Keefe, Bruyette & Woods upped their target price on shares of Home Bancshares, Inc. (Conway, AR) from $28.00 to $32.00 and gave the stock a "market perform" rating in a research report on Wednesday, December 4th. Finally, Stephens reissued an "overweight" rating and set a $34.00 price target on shares of Home Bancshares, Inc. (Conway, AR) in a research report on Thursday, January 16th. Three equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company's stock. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average price target of $32.00.

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

In other news, CEO John W. Allison acquired 10,000 shares of Home Bancshares, Inc. (Conway, AR) stock in a transaction that occurred on Tuesday, January 21st. The stock was bought at an average price of $30.76 per share, for a total transaction of $307,600.00. Following the completion of the transaction, the chief executive officer now owns 5,693,182 shares in the company, valued at $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 Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 7.66% of the company's stock.

Home Bancshares, Inc. (Conway, AR) Stock Down 1.7 %

Shares of HOMB traded down $0.50 during trading hours on Thursday, hitting $28.12. The company had a trading volume of 1,090,425 shares, compared to its average volume of 938,503. The stock has a market capitalization of $5.58 billion, a price-to-earnings ratio of 13.92 and a beta of 1.08. The firm has a fifty day moving average price of $29.53 and a 200-day moving average price of $28.83. Home Bancshares, Inc. has a 52-week low of $22.38 and a 52-week high of $32.91. The company has a debt-to-equity ratio of 0.26, a quick ratio of 0.91 and a current ratio of 0.89.

Home Bancshares, Inc. (Conway, AR) (NYSE:HOMB - Get Free Report) last announced its quarterly earnings data 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). The firm had revenue of $258.40 million during the quarter, compared to analysts' expectations of $256.67 million. Home Bancshares, Inc. (Conway, AR) had a return on equity of 10.31% and a net margin of 27.39%. Home Bancshares, Inc. (Conway, AR)'s revenue was up 5.2% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.43 earnings per share. On average, equities research analysts forecast that Home Bancshares, Inc. will post 2.19 EPS for the current fiscal year.

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

The firm also recently announced a quarterly dividend, which was paid on Wednesday, March 5th. Shareholders of record on Wednesday, February 12th were given a $0.195 dividend. This represents a $0.78 dividend on an annualized basis and a yield of 2.77%. The ex-dividend date of this dividend was Wednesday, February 12th. Home Bancshares, Inc. (Conway, AR)'s dividend payout ratio (DPR) is 38.61%.

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.