1 week Ago By Defense World Staff
Alliancebernstein L.P. reduced its holdings in HarborOne Bancorp, Inc.
(NASDAQ:HONE – Free Report) by 74.3% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 558,891 shares of the financial services provider’s stock after selling 1,619,293 shares during the quarter.
Alliancebernstein L.P. owned approximately 1.
27% of HarborOne Bancorp worth $6,612,000 at the end of the most recent reporting period. Other hedge funds and other institutional investors also recently made changes to their positions in the company. Vanguard Group Inc.
increased its holdings in shares of HarborOne Bancorp by 3.5% in the fourth quarter. Vanguard Group Inc.
now owns 2,247,931 shares of the financial services provider’s stock valued at $26,593,000 after purchasing an additional 75,328 shares in the last quarter. American Century Companies Inc. raised its position in shares of HarborOne Bancorp by 1.
0% during the fourth quarter. American Century Companies Inc. now owns 356,944 shares of the financial services provider’s stock worth $4,223,000 after acquiring an additional 3,688 shares during the last quarter.
Charles Schwab Investment Management Inc. lifted its stake in shares of HarborOne Bancorp by 0.7% during the fourth quarter.
Charles Schwab Investment Management Inc. now owns 319,407 shares of the financial services provider’s stock valued at $3,779,000 after acquiring an additional 2,363 shares during the period. Victory Capital Management Inc.
boosted its holdings in HarborOne Bancorp by 9.1% in the fourth quarter. Victory Capital Management Inc.
now owns 286,072 shares of the financial services provider’s stock valued at $3,384,000 after acquiring an additional 23,900 shares during the last quarter. Finally, JPMorgan Chase & Co. increased its position in HarborOne Bancorp by 78.
9% in the fourth quarter. JPMorgan Chase & Co. now owns 216,837 shares of the financial services provider’s stock worth $2,565,000 after purchasing an additional 95,659 shares during the period.
65.01% of the stock is currently owned by institutional investors and hedge funds. HarborOne Bancorp Stock PerformanceShares of HONE stock opened at $9.
06 on Friday. The stock has a 50-day moving average of $10.93 and a 200-day moving average of $11.
90. 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 has a market cap of $402.
82 million, a PE ratio of 13.73 and a beta of 0.61.
HarborOne Bancorp, Inc. has a one year low of $8.89 and a one year high of $14.
00. HarborOne Bancorp (NASDAQ:HONE – Get Free Report) last announced its earnings results on Tuesday, February 4th. The financial services provider reported $0.
20 EPS for the quarter, topping the consensus estimate of $0.18 by $0.02.
HarborOne Bancorp had a net margin of 8.61% and a return on equity of 4.63%.
As a group, sell-side analysts expect that HarborOne Bancorp, Inc. will post 0.83 earnings per share for the current year.
HarborOne Bancorp Cuts DividendThe company also recently declared a quarterly dividend, which will be paid on Wednesday, April 23rd. Shareholders of record on Wednesday, April 9th will be given a dividend of $0.01 per share.
This represents a $0.04 dividend on an annualized basis and a yield of 0.44%.
The ex-dividend date is Wednesday, April 9th. HarborOne Bancorp’s dividend payout ratio (DPR) is currently 48.48%.
About HarborOne Bancorp (Free Report)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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