HarborOne Bancorp (NASDAQ:HONE – Get Free Report) had its target price boosted by equities researchers at Piper Sandler from $11.50 to $14.00 in a research note issued on Friday, Benzinga reports. The brokerage presently has a “neutral” rating on the financial services provider’s stock. Piper Sandler’s target price would indicate a potential upside of 1.01% from the stock’s current price.
Separately, StockNews.com upgraded shares of HarborOne Bancorp from a “sell” rating to a “hold” rating in a research report on Friday, April 26th.
Read Our Latest Report on HONE
HarborOne Bancorp Trading Up 2.1 %
HarborOne Bancorp (NASDAQ:HONE – Get Free Report) last issued its earnings results on Thursday, April 25th. The financial services provider reported $0.17 EPS for the quarter, beating the consensus estimate of $0.13 by $0.04. The company had revenue of $41.32 million during the quarter, compared to analysts’ expectations of $39.98 million. HarborOne Bancorp had a net margin of 5.38% and a return on equity of 4.58%. As a group, analysts predict that HarborOne Bancorp will post 0.64 earnings per share for the current year.
Hedge Funds Weigh In On HarborOne Bancorp
Institutional investors and hedge funds have recently made changes to their positions in the company. Barrett & Company Inc. grew its holdings in shares of HarborOne Bancorp by 5,618.0% in the 4th quarter. Barrett & Company Inc. now owns 5,089 shares of the financial services provider’s stock valued at $61,000 after buying an additional 5,000 shares during the period. Quest Partners LLC acquired a new position in shares of HarborOne Bancorp in the 4th quarter valued at $108,000. Price T Rowe Associates Inc. MD grew its holdings in shares of HarborOne Bancorp by 14.6% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 11,781 shares of the financial services provider’s stock valued at $126,000 after buying an additional 1,498 shares during the period. Catalytic Wealth RIA LLC acquired a new position in HarborOne Bancorp in the 4th quarter worth $154,000. Finally, SG Americas Securities LLC boosted its stake in HarborOne Bancorp by 27.0% in the 4th quarter. SG Americas Securities LLC now owns 26,842 shares of the financial services provider’s stock worth $322,000 after purchasing an additional 5,713 shares during the period. Institutional investors and hedge funds own 65.01% of the company’s stock.
HarborOne Bancorp Company 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.
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