HarborOne Bancorp, Inc. (NASDAQ:HONE – Get Free Report) shares reached a new 52-week high during trading on Monday . The company traded as high as $13.10 and last traded at $13.03, with a volume of 120799 shares trading hands. The stock had previously closed at $12.60.
Analyst Ratings Changes
Separately, StockNews.com upgraded HarborOne Bancorp from a “sell” rating to a “hold” rating in a report on Friday, April 26th.
Read Our Latest Analysis on HONE
HarborOne Bancorp Price Performance
HarborOne Bancorp (NASDAQ:HONE – Get Free Report) last released its quarterly earnings data on Thursday, April 25th. The financial services provider reported $0.17 earnings per share (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, equities analysts forecast that HarborOne Bancorp, Inc. will post 0.64 EPS for the current year.
HarborOne Bancorp Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 24th. Investors of record on Wednesday, July 10th will be paid a $0.08 dividend. The ex-dividend date of this dividend is Wednesday, July 10th. This represents a $0.32 annualized dividend and a yield of 2.46%. HarborOne Bancorp’s dividend payout ratio (DPR) is currently 86.49%.
Hedge Funds Weigh In On HarborOne Bancorp
A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Barrett & Company Inc. lifted its stake in HarborOne Bancorp by 5,618.0% in the fourth quarter. Barrett & Company Inc. now owns 5,089 shares of the financial services provider’s stock worth $61,000 after acquiring an additional 5,000 shares during the period. Quest Partners LLC bought a new position in shares of HarborOne Bancorp during the fourth quarter valued at approximately $108,000. Price T Rowe Associates Inc. MD increased its holdings in HarborOne Bancorp by 14.6% during the first 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 bought a new position in HarborOne Bancorp in the fourth quarter worth approximately $154,000. Finally, SG Americas Securities LLC raised its stake in HarborOne Bancorp by 27.0% in the fourth quarter. SG Americas Securities LLC now owns 26,842 shares of the financial services provider’s stock worth $322,000 after buying an additional 5,713 shares in the last quarter. Institutional investors own 65.01% of the company’s stock.
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.
See Also
- Five stocks we like better than HarborOne Bancorp
- How to Calculate Return on Investment (ROI)
- Intuitive Surgical Stock Outperforms Market: Highs on the Horizon
- Roth IRA Calculator: Calculate Your Potential Returns
- Has This Leading Tech Stock Halted the AI Surge?
- What Are the U.K. Market Holidays? How to Invest and Trade
- Revolutionary Battery Stock Gains Momentum with 3D Silicon-Anodes
Receive News & Ratings for HarborOne Bancorp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for HarborOne Bancorp and related companies with MarketBeat.com's FREE daily email newsletter.