HarborOne Bancorp, Inc. (NASDAQ:HONE) Stock Holdings Lifted by Creative Planning

Creative Planning raised its stake in HarborOne Bancorp, Inc. (NASDAQ:HONE) by 27.8% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 13,309 shares of the financial services provider’s stock after buying an additional 2,898 shares during the period. Creative Planning’s holdings in HarborOne Bancorp were worth $173,000 as of its most recent filing with the SEC.

Other institutional investors also recently modified their holdings of the company. nVerses Capital LLC bought a new position in shares of HarborOne Bancorp in the second quarter valued at $27,000. Price T Rowe Associates Inc. MD increased its holdings in shares of HarborOne Bancorp by 14.6% in 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 in the last quarter. SG Americas Securities LLC increased its holdings in shares of HarborOne Bancorp by 63.3% in the third quarter. SG Americas Securities LLC now owns 21,069 shares of the financial services provider’s stock valued at $273,000 after buying an additional 8,169 shares in the last quarter. Hsbc Holdings PLC increased its holdings in shares of HarborOne Bancorp by 4.9% in the second quarter. Hsbc Holdings PLC now owns 27,113 shares of the financial services provider’s stock valued at $299,000 after buying an additional 1,270 shares in the last quarter. Finally, Cubist Systematic Strategies LLC grew its position in HarborOne Bancorp by 192.0% during the 2nd quarter. Cubist Systematic Strategies LLC now owns 28,700 shares of the financial services provider’s stock worth $319,000 after purchasing an additional 18,870 shares in the last quarter. Institutional investors own 65.01% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have weighed in on HONE. Piper Sandler lowered their price objective on shares of HarborOne Bancorp from $15.00 to $13.00 and set a “neutral” rating on the stock in a research report on Friday, October 25th. StockNews.com upgraded shares of HarborOne Bancorp from a “sell” rating to a “hold” rating in a research report on Saturday, November 2nd.

HarborOne Bancorp Trading Up 2.5 %

NASDAQ HONE opened at $13.41 on Tuesday. The firm’s 50 day moving average price is $12.66 and its two-hundred day moving average price is $11.84. The company has a debt-to-equity ratio of 1.07, a quick ratio of 1.13 and a current ratio of 1.14. HarborOne Bancorp, Inc. has a twelve month low of $9.15 and a twelve month high of $14.00. The stock has a market cap of $595.54 million, a price-to-earnings ratio of 47.68 and a beta of 0.74.

HarborOne Bancorp (NASDAQ:HONE) last posted its quarterly earnings results on Thursday, October 24th. The financial services provider reported $0.10 EPS for the quarter, missing the consensus estimate of $0.18 by ($0.08). HarborOne Bancorp had a net margin of 3.68% and a return on equity of 3.82%. The company had revenue of $79.60 million for the quarter, compared to analysts’ expectations of $43.37 million. Equities analysts anticipate that HarborOne Bancorp, Inc. will post 0.62 EPS for the current year.

HarborOne Bancorp Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, October 28th. Stockholders of record on Monday, October 14th were issued a dividend of $0.08 per share. This represents a $0.32 annualized dividend and a dividend yield of 2.39%. The ex-dividend date of this dividend was Friday, October 11th. HarborOne Bancorp’s dividend payout ratio is currently 114.29%.

Insider Activity

In related news, CMO David E. Tryder sold 13,000 shares of the company’s stock in a transaction on Tuesday, September 10th. The shares were sold at an average price of $12.48, for a total value of $162,240.00. Following the completion of the sale, the chief marketing officer now directly owns 15,159 shares in the company, valued at approximately $189,184.32. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link. 4.90% of the stock is currently owned by corporate insiders.

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.