30,107 Shares in HarborOne Bancorp, Inc. (NASDAQ:HONE) Acquired by Genesis Wealth Advisors LLC

Genesis Wealth Advisors LLC acquired a new position in shares of HarborOne Bancorp, Inc. (NASDAQ:HONE) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 30,107 shares of the financial services provider’s stock, valued at approximately $356,000.

Other institutional investors have also recently added to or reduced their stakes in the company. Eastern Bank purchased a new position in HarborOne Bancorp during the third quarter worth approximately $31,000. Point72 Asia Singapore Pte. Ltd. lifted its position in HarborOne Bancorp by 164.7% during the third quarter. Point72 Asia Singapore Pte. Ltd. now owns 4,217 shares of the financial services provider’s stock worth $55,000 after buying an additional 2,624 shares in the last quarter. Quantbot Technologies LP purchased a new position in HarborOne Bancorp during the third quarter worth approximately $73,000. Quest Partners LLC purchased a new position in HarborOne Bancorp during the third quarter worth approximately $158,000. Finally, Creative Planning lifted its position in HarborOne Bancorp by 27.8% during the third quarter. Creative Planning now owns 13,309 shares of the financial services provider’s stock worth $173,000 after buying an additional 2,898 shares in the last quarter. Hedge funds and other institutional investors own 65.01% of the company’s stock.

HarborOne Bancorp Price Performance

HONE stock opened at $11.46 on Monday. The business has a fifty day moving average of $11.93 and a two-hundred day moving average of $12.45. The company has a quick ratio of 1.11, a current ratio of 1.12 and a debt-to-equity ratio of 0.92. The stock has a market cap of $504.84 million, a price-to-earnings ratio of 17.36 and a beta of 0.75. HarborOne Bancorp, Inc. has a 52-week low of $9.15 and a 52-week high of $14.00.

HarborOne Bancorp (NASDAQ:HONE) last posted its earnings results on Tuesday, February 4th. The financial services provider reported $0.20 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.18 by $0.02. HarborOne Bancorp had a return on equity of 4.63% and a net margin of 8.61%. As a group, research analysts anticipate that HarborOne Bancorp, Inc. will post 0.83 earnings per share for the current year.

HarborOne Bancorp Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, January 14th. Stockholders of record on Tuesday, December 31st were paid a $0.08 dividend. The ex-dividend date of this dividend was Tuesday, December 31st. This represents a $0.32 dividend on an annualized basis and a dividend yield of 2.79%. HarborOne Bancorp’s payout ratio is presently 48.48%.

Analyst Ratings Changes

Separately, StockNews.com raised HarborOne Bancorp from a “sell” rating to a “hold” rating in a research note on Saturday, November 2nd.

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.