HarborOne Bancorp, Inc. (NASDAQ:HONE) Shares Purchased by Empowered Funds LLC

Empowered Funds LLC increased its holdings in shares of HarborOne Bancorp, Inc. (NASDAQ:HONE) by 5.1% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 123,756 shares of the financial services provider’s stock after purchasing an additional 5,966 shares during the period. Empowered Funds LLC owned 0.28% of HarborOne Bancorp worth $1,464,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also modified their holdings of HONE. JPMorgan Chase & Co. boosted its position 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 valued at $1,573,000 after buying an additional 47,857 shares during the last quarter. Franklin Resources Inc. boosted its stake in HarborOne Bancorp by 194.9% during the 3rd quarter. Franklin Resources Inc. now owns 37,714 shares of the financial services provider’s stock valued at $496,000 after acquiring an additional 24,924 shares during the last quarter. Jane Street Group LLC raised its stake in 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 valued at $870,000 after buying an additional 29,066 shares in the last quarter. SG Americas Securities LLC lifted its holdings in HarborOne Bancorp by 29.8% during the 4th quarter. SG Americas Securities LLC now owns 27,357 shares of the financial services provider’s stock worth $324,000 after buying an additional 6,288 shares during the last quarter. Finally, Barclays PLC boosted its holdings in HarborOne Bancorp by 40.7% in the third 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 period. Institutional investors and hedge funds own 65.01% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on the company. Piper Sandler decreased their price objective on HarborOne Bancorp from $15.00 to $13.00 and set a “neutral” rating for the company in a report on Friday, October 25th. StockNews.com raised HarborOne Bancorp from a “sell” rating to a “hold” rating in a research note on Saturday, November 2nd.

HarborOne Bancorp Stock Down 0.9 %

NASDAQ HONE opened at $12.04 on Monday. 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 company has a market capitalization of $530.36 million, a P/E ratio of 18.24 and a beta of 0.75. HarborOne Bancorp, Inc. has a 12 month low of $9.15 and a 12 month high of $14.00. The company’s 50 day simple moving average is $12.04 and its 200 day simple moving average is $12.46.

HarborOne Bancorp (NASDAQ:HONE) last posted its quarterly earnings data on Tuesday, February 4th. The financial services provider reported $0.20 earnings per share 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%. Equities research analysts expect that HarborOne Bancorp, Inc. will post 0.82 earnings per share for the current fiscal year.

HarborOne Bancorp Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, January 14th. Stockholders of record on Tuesday, December 31st were paid a $0.08 dividend. This represents a $0.32 dividend on an annualized basis and a dividend yield of 2.66%. The ex-dividend date of this dividend was Tuesday, December 31st. HarborOne Bancorp’s dividend payout ratio (DPR) is presently 48.48%.

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.