David E. Tryder Sells 13,000 Shares of HarborOne Bancorp, Inc. (NASDAQ:HONE) Stock

HarborOne Bancorp, Inc. (NASDAQ:HONE) CMO David E. Tryder sold 13,000 shares of the business’s stock in a transaction dated Tuesday, September 10th. The shares were sold at an average price of $12.48, for a total transaction of $162,240.00. Following the completion of the sale, the chief marketing officer now directly owns 15,159 shares of the company’s stock, valued at approximately $189,184.32. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

HarborOne Bancorp Trading Up 2.1 %

Shares of HONE opened at $12.73 on Friday. The company has a debt-to-equity ratio of 1.07, a quick ratio of 1.13 and a current ratio of 1.14. HarborOne Bancorp, Inc. has a 52-week low of $9.14 and a 52-week high of $14.00. The firm has a market cap of $565.34 million, a price-to-earnings ratio of 34.41 and a beta of 0.73. The business’s fifty day moving average is $12.54 and its 200-day moving average is $11.06.

HarborOne Bancorp (NASDAQ:HONE) last released its quarterly earnings data on Thursday, July 25th. The financial services provider reported $0.18 earnings per share for the quarter, beating the consensus estimate of $0.16 by $0.02. The business had revenue of $79.87 million for the quarter, compared to analyst estimates of $42.43 million. HarborOne Bancorp had a return on equity of 4.59% and a net margin of 5.20%. Equities analysts anticipate that HarborOne Bancorp, Inc. will post 0.7 EPS for the current fiscal year.

HarborOne Bancorp Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, July 24th. Investors of record on Wednesday, July 10th were paid a $0.08 dividend. This represents a $0.32 annualized dividend and a yield of 2.51%. The ex-dividend date of this dividend was Wednesday, July 10th. HarborOne Bancorp’s payout ratio is 86.49%.

Analyst Ratings Changes

A number of analysts have issued reports on the stock. StockNews.com downgraded shares of HarborOne Bancorp from a “hold” rating to a “sell” rating in a report on Friday, August 30th. Piper Sandler upped their price target on shares of HarborOne Bancorp from $11.50 to $14.00 and gave the stock a “neutral” rating in a report on Friday, July 26th.

Institutional Trading of HarborOne Bancorp

Hedge funds have recently added to or reduced their stakes in the stock. nVerses Capital LLC bought a new stake in HarborOne Bancorp during the 2nd quarter worth $27,000. Quest Partners LLC bought a new stake in HarborOne Bancorp during the 4th quarter worth $108,000. Price T Rowe Associates Inc. MD grew its position in HarborOne Bancorp by 14.6% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 11,781 shares of the financial services provider’s stock worth $126,000 after acquiring an additional 1,498 shares during the last quarter. Catalytic Wealth RIA LLC bought a new stake in HarborOne Bancorp during the 4th quarter worth $154,000. Finally, Hsbc Holdings PLC grew its position in HarborOne Bancorp by 4.9% during the 2nd quarter. Hsbc Holdings PLC now owns 27,113 shares of the financial services provider’s stock worth $299,000 after acquiring an additional 1,270 shares during the last quarter. Institutional investors and hedge funds own 65.01% of the company’s stock.

HarborOne Bancorp Company Profile

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.