HopFed Bancorp, Inc (NASDAQ:HFBC) has earned a consensus broker rating score of 3.00 (Hold) from the two analysts that cover the company, Zacks Investment Research reports. Two analysts have rated the stock with a hold recommendation.
Zacks has also assigned HopFed Bancorp an industry rank of 13 out of 265 based on the ratings given to its competitors.
Separately, Zacks Investment Research cut HopFed Bancorp from a “buy” rating to a “hold” rating in a report on Wednesday, October 11th.
A number of institutional investors and hedge funds have recently bought and sold shares of the business. Stilwell Value LLC grew its holdings in HopFed Bancorp by 1,333.4% in the 2nd quarter. Stilwell Value LLC now owns 9,132,593 shares of the savings and loans company’s stock valued at $9,133,000 after buying an additional 8,495,465 shares during the period. Dimensional Fund Advisors LP grew its holdings in shares of HopFed Bancorp by 0.3% during the 2nd quarter. Dimensional Fund Advisors LP now owns 230,925 shares of the savings and loans company’s stock worth $3,397,000 after purchasing an additional 733 shares during the period. Vanguard Group Inc. grew its holdings in shares of HopFed Bancorp by 3.1% during the 2nd quarter. Vanguard Group Inc. now owns 183,640 shares of the savings and loans company’s stock worth $2,701,000 after purchasing an additional 5,600 shares during the period. Kennedy Capital Management Inc. grew its holdings in shares of HopFed Bancorp by 3.2% during the 2nd quarter. Kennedy Capital Management Inc. now owns 84,680 shares of the savings and loans company’s stock worth $1,214,000 after purchasing an additional 2,655 shares during the period. Finally, Western Standard LLC grew its holdings in shares of HopFed Bancorp by 32.0% during the 3rd quarter. Western Standard LLC now owns 43,233 shares of the savings and loans company’s stock worth $627,000 after purchasing an additional 10,473 shares during the period. Institutional investors own 46.56% of the company’s stock.
HopFed Bancorp (NASDAQ HFBC) traded up $0.34 on Monday, reaching $14.39. The company’s stock had a trading volume of 21,312 shares, compared to its average volume of 9,333. The company has a quick ratio of 0.86, a current ratio of 0.86 and a debt-to-equity ratio of 0.46. The stock has a market cap of $95.49, a PE ratio of 19.45 and a beta of 0.17. HopFed Bancorp has a 52 week low of $13.30 and a 52 week high of $15.45.
HopFed Bancorp (NASDAQ:HFBC) last posted its quarterly earnings results on Wednesday, October 25th. The savings and loans company reported $0.22 EPS for the quarter, beating the consensus estimate of $0.19 by $0.03. The company had revenue of $9.13 million during the quarter, compared to analysts’ expectations of $8.99 million. HopFed Bancorp had a return on equity of 5.21% and a net margin of 11.09%. equities research analysts predict that HopFed Bancorp will post 0.73 EPS for the current year.
The firm also recently declared a quarterly dividend, which will be paid on Friday, January 26th. Shareholders of record on Friday, January 5th will be issued a $0.05 dividend. This represents a $0.20 annualized dividend and a yield of 1.39%. The ex-dividend date of this dividend is Thursday, January 4th. HopFed Bancorp’s dividend payout ratio (DPR) is 27.03%.
HopFed Bancorp announced that its board has approved a stock repurchase plan on Thursday, November 16th that allows the company to repurchase 300,000 shares. This repurchase authorization allows the savings and loans company to reacquire shares of its stock through open market purchases. Stock repurchase plans are generally a sign that the company’s board of directors believes its shares are undervalued.
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HopFed Bancorp Company Profile
HopFed Bancorp, Inc is a savings and loan holding company that operates through its subsidiary, Heritage Bank USA, Inc (the Bank). The Bank is a Kentucky state chartered commercial bank based in Hopkinsville, Kentucky, with branch offices in Kentucky and Tennessee. The business of the Bank primarily consists of attracting deposits from the general public and investing such deposits in loans secured by single family residential real estate and investment securities, including United States Government and agency securities, municipal and corporate bonds, collateralized mortgages obligations (CMOs), and mortgage-backed securities.
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