Jefferies Financial Group Inc. Makes New Investment in HarborOne Bancorp, Inc. $HONE

Jefferies Financial Group Inc. purchased a new stake in shares of HarborOne Bancorp, Inc. (NASDAQ:HONE) in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 102,524 shares of the financial services provider’s stock, valued at approximately $1,197,000. Jefferies Financial Group Inc. owned about 0.24% of HarborOne Bancorp as of its most recent SEC filing.

Other institutional investors and hedge funds also recently bought and sold shares of the company. GC Wealth Management RIA LLC raised its holdings in shares of HarborOne Bancorp by 7.7% in the second quarter. GC Wealth Management RIA LLC now owns 13,848 shares of the financial services provider’s stock valued at $162,000 after buying an additional 992 shares during the last quarter. Genesis Wealth Advisors LLC grew its position in shares of HarborOne Bancorp by 4.1% during the 2nd quarter. Genesis Wealth Advisors LLC now owns 31,357 shares of the financial services provider’s stock worth $366,000 after buying an additional 1,249 shares during the period. CWM LLC increased its stake in HarborOne Bancorp by 35.3% in the first quarter. CWM LLC now owns 5,079 shares of the financial services provider’s stock valued at $53,000 after purchasing an additional 1,326 shares in the last quarter. TD Asset Management Inc raised its stake in HarborOne Bancorp by 4.6% during the 1st quarter. TD Asset Management Inc now owns 81,800 shares of the financial services provider’s stock worth $848,000 after buying an additional 3,616 shares during the period. Finally, AlphaQuest LLC raised its position in shares of HarborOne Bancorp by 21.9% during the first quarter. AlphaQuest LLC now owns 28,250 shares of the financial services provider’s stock worth $293,000 after purchasing an additional 5,082 shares during the period. Institutional investors and hedge funds own 65.01% of the company’s stock.

HarborOne Bancorp Stock Performance

NASDAQ:HONE opened at $12.10 on Thursday. The company has a market cap of $522.22 million, a price-to-earnings ratio of 18.62 and a beta of 0.61. HarborOne Bancorp, Inc. has a fifty-two week low of $8.89 and a fifty-two week high of $14.29. The stock has a fifty day moving average price of $12.99 and a 200-day moving average price of $12.33.

Analyst Ratings Changes

HONE has been the topic of several research reports. Wall Street Zen raised shares of HarborOne Bancorp to a “hold” rating in a research report on Friday, August 22nd. Weiss Ratings reissued a “hold (c+)” rating on shares of HarborOne Bancorp in a report on Wednesday, October 8th. One research analyst has rated the stock with a Strong Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $13.00.

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.