HarborOne Bancorp, Inc. (NASDAQ: HONE – Get a rating) SVP Joseph E. Mcquade sold 709 shares in a trade that took place on Thursday, July 28. The shares were sold at an average price of $14.48, for a total transaction of $10,266.32. Following the completion of the transaction, the senior vice president now directly owns 11,888 shares of the company, valued at approximately $172,138.24. The sale was disclosed in a filing with the SEC, which is available via this hyperlink.
HarborOne Bancorp Price Performance
NASDAQ: HONE lost $0.01 on Friday, hitting $14.04. The company had a trading volume of 134,125 shares, compared to an average volume of 180,695. The stock has a market capitalization of $719.66 million, a price-earnings ratio of 14.79 and a beta of 0. ,71. The company has a current ratio of 1.03, a quick ratio of 1.02 and a debt ratio of 0.14. The company has a 50-day moving average of $14.08 and a two-hundred-day moving average of $14.18. HarborOne Bancorp, Inc. has a 52-week minimum of $12.99 and a 52-week maximum of $15.45.
HarborOne Bancorp (NASDAQ:HONE – Get a rating) last released its quarterly earnings data on Tuesday, July 26. The financial services provider reported EPS of $0.21 for the quarter, missing the consensus estimate of $0.22 per ($0.01). HarborOne Bancorp had a net margin of 21.22% and a return on equity of 7.04%. On average, research analysts expect HarborOne Bancorp, Inc. to post 0.94 earnings per share for the current year.
HarborOne Bancorp Dividend Announcement
The company also recently declared a quarterly dividend, which was paid on Wednesday, July 27. Shareholders of record on Wednesday, July 13 received a dividend of $0.07 per share. This represents an annualized dividend of $0.28 and a dividend yield of 1.99%. The ex-dividend date was Tuesday, July 12. HarborOne Bancorp’s payout ratio is currently 29.47%.
Hedge funds weigh on HarborOne Bancorp
Several large investors have recently changed their holdings in HONE. Dimensional Fund Advisors LP increased its stake in HarborOne Bancorp by 7.8% during the first quarter. Dimensional Fund Advisors LP now owns 1,864,232 shares of the financial services provider worth $26,137,000 after buying an additional 135,505 shares in the last quarter. State Street Corp increased its stake in HarborOne Bancorp by 5.4% during the first quarter. State Street Corp now owns 1,413,285 shares of the financial services provider worth $19,814,000 after buying an additional 72,114 shares in the last quarter. Royce & Associates LP increased its stake in HarborOne Bancorp by 2.4% during the fourth quarter. Royce & Associates LP now owns 460,805 shares of the financial services provider worth $6,838,000 after buying an additional 10,700 shares in the last quarter. Goldman Sachs Group Inc. increased its stake in HarborOne Bancorp by 0.6% during the first quarter. Goldman Sachs Group Inc. now owns 357,705 shares of the financial services provider worth $5,015,000 after buying 2,246 additional shares in the last quarter. Finally, Russell Investments Group Ltd. increased its stake in HarborOne Bancorp by 1.5% during the second quarter. Russell Investments Group Ltd. now owns 247,040 shares of the financial services provider worth $3,404,000 after purchasing an additional 3,716 shares in the last quarter. Institutional investors hold 57.37% of the company’s shares.
About HarborOne Bancorp
HarborOne Bancorp, Inc operates as a holding company for HarborOne Bank which provides financial services to individuals, families, small and medium 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 deposit certificate accounts; and lending products include commercial real estate, commercial and residential mortgages, and consumer loans, including indirect auto lease loans.
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