HarborOne Bancorp, Inc. (NASDAQ:HONE) Shares Bought by T. Rowe Price Investment Management Inc.

T. Rowe Price Investment Management Inc. boosted its holdings in shares of HarborOne Bancorp, Inc. (NASDAQ:HONE - Free Report) by 2.4% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 5,693,131 shares of the financial services provider's stock after purchasing an additional 131,602 shares during the quarter. T. Rowe Price Investment Management Inc. owned approximately 12.92% of HarborOne Bancorp worth $67,350,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the business. JPMorgan Chase & Co. boosted its holdings in HarborOne Bancorp by 65.3% in the 3rd quarter. JPMorgan Chase & Co. now owns 121,178 shares of the financial services provider's stock worth $1,573,000 after buying an additional 47,857 shares during the last quarter. Franklin Resources Inc. boosted its stake in shares of HarborOne Bancorp by 194.9% in the third 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 last quarter. Jane Street Group LLC increased its position in shares of HarborOne Bancorp by 76.6% during the third quarter. Jane Street Group LLC now owns 67,031 shares of the financial services provider's stock worth $870,000 after purchasing an additional 29,066 shares in the last quarter. SG Americas Securities LLC raised its stake in HarborOne Bancorp by 29.8% in the 4th quarter. SG Americas Securities LLC now owns 27,357 shares of the financial services provider's stock valued at $324,000 after purchasing an additional 6,288 shares during the last quarter. Finally, Barclays PLC boosted its stake in HarborOne Bancorp by 40.7% during the 3rd 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 during the last quarter. 65.01% of the stock is owned by institutional investors and hedge funds.

HarborOne Bancorp Trading Up 0.1 %

HarborOne Bancorp stock traded up $0.01 during trading on Monday, reaching $11.31. 817,984 shares of the company were exchanged, compared to its average volume of 182,445. The company has a debt-to-equity ratio of 0.92, a current ratio of 1.12 and a quick ratio of 1.11. The stock's 50 day simple moving average is $10.42 and its two-hundred day simple moving average is $11.70. The company has a market capitalization of $502.85 million, a P/E ratio of 17.14 and a beta of 0.61. HarborOne Bancorp, Inc. has a 52-week low of $8.89 and a 52-week high of $14.00.

HarborOne Bancorp (NASDAQ:HONE - Get Free Report) last announced its quarterly earnings results on Thursday, April 24th. The financial services provider reported $0.14 earnings per share for the quarter, missing the consensus estimate of $0.17 by ($0.03). HarborOne Bancorp had a net margin of 8.61% and a return on equity of 4.63%. The firm had revenue of $41.36 million for the quarter, compared to analyst estimates of $36.01 million. On average, equities research analysts expect that HarborOne Bancorp, Inc. will post 0.83 earnings per share for the current fiscal year.

HarborOne Bancorp Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, April 23rd. Investors of record on Wednesday, April 9th were issued a $0.01 dividend. This represents a $0.04 dividend on an annualized basis and a yield of 0.35%. The ex-dividend date was Wednesday, April 9th. HarborOne Bancorp's dividend payout ratio is presently 50.79%.

Analyst Ratings Changes

Separately, Seaport Res Ptn raised shares of HarborOne Bancorp from a "hold" rating to a "strong-buy" rating in a research note on Friday.

About HarborOne Bancorp

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.