Home Federal Bancorp, Inc. of Louisiana (NASDAQ:HFBL) Stock Passes Above 200-Day Moving Average – Here’s What Happened

Shares of Home Federal Bancorp, Inc. of Louisiana (NASDAQ:HFBL) passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $13.87 and traded as high as $15.51. Home Federal Bancorp, Inc. of Louisiana shares last traded at $15.51, with a volume of 363 shares trading hands.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reissued a “hold (c)” rating on shares of Home Federal Bancorp, Inc. of Louisiana in a report on Tuesday, October 14th. One investment analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold”.

Home Federal Bancorp, Inc. of Louisiana Stock Performance

The stock’s 50-day moving average is $14.82 and its 200 day moving average is $13.89. The stock has a market cap of $49.29 million, a price-to-earnings ratio of 10.85 and a beta of 0.41. The company has a debt-to-equity ratio of 0.07, a current ratio of 0.88 and a quick ratio of 0.88.

Home Federal Bancorp, Inc. of Louisiana (NASDAQ:HFBL) last posted its quarterly earnings results on Thursday, October 23rd. The bank reported $0.52 EPS for the quarter. Home Federal Bancorp, Inc. of Louisiana had a return on equity of 8.25% and a net margin of 13.75%.The business had revenue of $5.91 million during the quarter.

Home Federal Bancorp, Inc. of Louisiana Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, November 10th. Stockholders of record on Monday, October 27th were paid a dividend of $0.135 per share. The ex-dividend date of this dividend was Monday, October 27th. This represents a $0.54 dividend on an annualized basis and a dividend yield of 3.4%. Home Federal Bancorp, Inc. of Louisiana’s dividend payout ratio is 36.73%.

Insider Activity

In related news, Director Thomas Steen Trawick, Jr. sold 8,200 shares of the firm’s stock in a transaction dated Wednesday, September 17th. The shares were sold at an average price of $13.50, for a total value of $110,700.00. Following the completion of the sale, the director owned 14,558 shares in the company, valued at $196,533. This trade represents a 36.03% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 19.40% of the stock is owned by corporate insiders.

Home Federal Bancorp, Inc. of Louisiana Company Profile

Home Federal Bancorp, Inc of Louisiana operates as the holding company for Home Federal Bank that provides various financial services to individuals, corporate entities, and other organizations. The company accepts various deposits, such as passbook savings, certificates of deposit, and demand deposit accounts.