Northern Trust Corp decreased its holdings in shares of HarborOne Bancorp Inc (NASDAQ:HONE) by 2.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 213,477 shares of the financial services provider’s stock after selling 4,949 shares during the period. Northern Trust Corp’s holdings in HarborOne Bancorp were worth $3,392,000 as of its most recent SEC filing.
Other large investors have also recently bought and sold shares of the company. Ramsey Quantitative Systems raised its stake in shares of HarborOne Bancorp by 417.1% in the fourth quarter. Ramsey Quantitative Systems now owns 2,968 shares of the financial services provider’s stock valued at $47,000 after acquiring an additional 2,394 shares during the last quarter. MetLife Investment Advisors LLC raised its stake in shares of HarborOne Bancorp by 55.2% in the third quarter. MetLife Investment Advisors LLC now owns 11,620 shares of the financial services provider’s stock valued at $222,000 after acquiring an additional 4,131 shares during the last quarter. LPL Financial LLC bought a new position in shares of HarborOne Bancorp in the fourth quarter valued at approximately $261,000. Rhumbline Advisers raised its stake in shares of HarborOne Bancorp by 48.3% in the fourth quarter. Rhumbline Advisers now owns 19,476 shares of the financial services provider’s stock valued at $309,000 after acquiring an additional 6,345 shares during the last quarter. Finally, TIAA CREF Investment Management LLC raised its stake in shares of HarborOne Bancorp by 10.4% in the third quarter. TIAA CREF Investment Management LLC now owns 34,333 shares of the financial services provider’s stock valued at $656,000 after acquiring an additional 3,226 shares during the last quarter. Institutional investors own 19.08% of the company’s stock.
Shares of HarborOne Bancorp stock opened at $18.68 on Thursday. The company has a debt-to-equity ratio of 0.74, a current ratio of 1.05 and a quick ratio of 1.03. The company has a market capitalization of $604.32 million, a P/E ratio of 41.24 and a beta of 0.50. HarborOne Bancorp Inc has a fifty-two week low of $14.90 and a fifty-two week high of $19.95.
HarborOne Bancorp (NASDAQ:HONE) last issued its quarterly earnings results on Thursday, April 18th. The financial services provider reported $0.07 earnings per share for the quarter, missing analysts’ consensus estimates of $0.12 by ($0.05). The company had revenue of $35.87 million during the quarter. HarborOne Bancorp had a net margin of 6.38% and a return on equity of 3.99%.
A number of research analysts have recently issued reports on the stock. BidaskClub cut shares of HarborOne Bancorp from a “sell” rating to a “strong sell” rating in a research note on Thursday, January 10th. ValuEngine upgraded shares of HarborOne Bancorp from a “sell” rating to a “hold” rating in a research note on Friday, March 15th. Finally, Compass Point upgraded shares of HarborOne Bancorp from a “sell” rating to a “neutral” rating in a research note on Wednesday, March 6th. Two research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The stock presently has a consensus rating of “Buy” and a consensus price target of $19.00.
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HarborOne Bancorp Company Profile
HarborOne Bancorp, Inc operates as the holding company for HarborOne Bank that provides financial services to individuals, families, small and middle-market businesses, and municipalities throughout Southeastern New England. Its primary deposit products include checking, money market, savings, and term certificate of deposit accounts; and lending products comprise commercial real estate loans, commercial loans, construction loans, one- to four-family residential real estate loans, second mortgages and equity lines of credit, and auto and other consumer loans.
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