HarborOne Bancorp, Inc. (NASDAQ:HONE) Shares Acquired by Teacher Retirement System of Texas

Teacher Retirement System of Texas lifted its position in shares of HarborOne Bancorp, Inc. (NASDAQ:HONE) by 20.4% during the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 69,206 shares of the financial services provider’s stock after buying an additional 11,734 shares during the period. Teacher Retirement System of Texas owned 0.16% of HarborOne Bancorp worth $819,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. Jacobs Levy Equity Management Inc. lifted its stake in shares of HarborOne Bancorp by 0.6% during the 3rd quarter. Jacobs Levy Equity Management Inc. now owns 199,702 shares of the financial services provider’s stock worth $2,592,000 after purchasing an additional 1,285 shares during the period. Charles Schwab Investment Management Inc. boosted its stake in HarborOne Bancorp by 0.7% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 319,407 shares of the financial services provider’s stock worth $3,779,000 after buying an additional 2,363 shares during the last quarter. Point72 Asia Singapore Pte. Ltd. grew its holdings in HarborOne Bancorp by 164.7% in the 3rd quarter. Point72 Asia Singapore Pte. Ltd. now owns 4,217 shares of the financial services provider’s stock valued at $55,000 after buying an additional 2,624 shares during the period. Commonwealth Equity Services LLC increased its stake in shares of HarborOne Bancorp by 31.5% during the 4th quarter. Commonwealth Equity Services LLC now owns 16,678 shares of the financial services provider’s stock valued at $197,000 after acquiring an additional 3,993 shares during the last quarter. Finally, US Bancorp DE lifted its holdings in shares of HarborOne Bancorp by 1,306.7% during the 4th quarter. US Bancorp DE now owns 5,880 shares of the financial services provider’s stock worth $70,000 after acquiring an additional 5,462 shares during the period. Institutional investors and hedge funds own 65.01% of the company’s stock.

HarborOne Bancorp Price Performance

HarborOne Bancorp stock opened at $10.53 on Friday. HarborOne Bancorp, Inc. has a 1 year low of $9.16 and a 1 year high of $14.00. The company has a debt-to-equity ratio of 0.92, a quick ratio of 1.11 and a current ratio of 1.12. The firm has a 50 day moving average price of $11.42 and a 200 day moving average price of $12.16. The company has a market cap of $458.03 million, a price-to-earnings ratio of 15.95 and a beta of 0.73.

HarborOne Bancorp (NASDAQ:HONE) last announced its quarterly earnings data on Tuesday, February 4th. The financial services provider reported $0.20 earnings per share (EPS) for the quarter, beating 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%. Sell-side analysts predict that HarborOne Bancorp, Inc. will post 0.83 earnings per share for the current year.

HarborOne Bancorp Cuts Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 23rd. Stockholders of record on Wednesday, April 9th will be issued a $0.01 dividend. The ex-dividend date is Wednesday, April 9th. This represents a $0.04 dividend on an annualized basis and a dividend yield of 0.38%. HarborOne Bancorp’s dividend payout ratio (DPR) is 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.