US Bancorp DE Buys 5,462 Shares of HarborOne Bancorp, Inc. (NASDAQ:HONE)

US Bancorp DE increased its stake in shares of HarborOne Bancorp, Inc. (NASDAQ:HONE) by 1,306.7% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 5,880 shares of the financial services provider’s stock after buying an additional 5,462 shares during the period. US Bancorp DE’s holdings in HarborOne Bancorp were worth $70,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also bought and sold shares of HONE. Empowered Funds LLC grew its position in shares of HarborOne Bancorp by 5.3% in the third quarter. Empowered Funds LLC now owns 117,790 shares of the financial services provider’s stock valued at $1,529,000 after purchasing an additional 5,896 shares during the last quarter. Quest Partners LLC bought a new stake in HarborOne Bancorp in the 3rd quarter valued at $158,000. Connor Clark & Lunn Investment Management Ltd. bought a new stake in HarborOne Bancorp in the 3rd quarter valued at $203,000. Quantbot Technologies LP acquired a new position in HarborOne Bancorp in the 3rd quarter valued at $73,000. Finally, PDT Partners LLC bought a new position in HarborOne Bancorp during the 3rd quarter worth $313,000. Institutional investors and hedge funds own 65.01% of the company’s stock.

HarborOne Bancorp Trading Down 0.3 %

Shares of HarborOne Bancorp stock opened at $10.72 on Tuesday. HarborOne Bancorp, Inc. has a 52-week low of $9.16 and a 52-week high of $14.00. The stock has a market cap of $466.30 million, a PE ratio of 16.24 and a beta of 0.73. The firm has a 50-day moving average of $11.59 and a 200-day moving average of $12.28. The company has a debt-to-equity ratio of 0.92, a quick ratio of 1.11 and a current ratio of 1.12.

HarborOne Bancorp (NASDAQ:HONE) last announced its earnings results on Tuesday, February 4th. The financial services provider reported $0.20 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 forecast that HarborOne Bancorp, Inc. will post 0.83 EPS for the current year.

HarborOne Bancorp Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, January 14th. Shareholders of record on Tuesday, December 31st were paid a dividend of $0.08 per share. The ex-dividend date of this dividend was Tuesday, December 31st. This represents a $0.32 dividend on an annualized basis and a yield of 2.99%. 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.