Sonen Capital LLC Makes New Investment in HarborOne Bancorp, Inc. (NASDAQ:HONE)

Sonen Capital LLC bought a new position in shares of HarborOne Bancorp, Inc. (NASDAQ:HONEGet Rating) during the first quarter, HoldingsChannel reports. The firm bought 40,000 shares of the financial services provider’s stock, valued at approximately $561,000.

Other large investors also recently bought and sold shares of the company. Point72 Hong Kong Ltd bought a new stake in shares of HarborOne Bancorp in the 4th quarter worth approximately $38,000. Summit Global Investments bought a new stake in shares of HarborOne Bancorp in the 1st quarter worth approximately $149,000. ProShare Advisors LLC bought a new stake in shares of HarborOne Bancorp in the 4th quarter worth approximately $155,000. BHZ Capital Management LP bought a new stake in shares of HarborOne Bancorp in the 4th quarter worth approximately $157,000. Finally, Advisor Group Holdings Inc. lifted its holdings in shares of HarborOne Bancorp by 11.2% in the 4th quarter. Advisor Group Holdings Inc. now owns 12,286 shares of the financial services provider’s stock worth $182,000 after purchasing an additional 1,235 shares during the last quarter. Institutional investors own 57.37% of the company’s stock.

HarborOne Bancorp Stock Performance

HarborOne Bancorp stock traded down $0.01 during mid-day trading on Friday, hitting $14.04. 134,126 shares of the company’s stock traded hands, compared to its average volume of 137,949. The firm has a 50 day moving average price of $14.08 and a 200 day moving average price of $14.17. The company has a quick ratio of 1.02, a current ratio of 1.03 and a debt-to-equity ratio of 0.14. The company has a market cap of $719.69 million, a PE ratio of 14.78 and a beta of 0.71. HarborOne Bancorp, Inc. has a one year low of $12.99 and a one year high of $15.45.

HarborOne Bancorp (NASDAQ:HONEGet Rating) last announced its earnings results on Tuesday, July 26th. The financial services provider reported $0.21 earnings per share for the quarter, missing the consensus estimate of $0.22 by ($0.01). HarborOne Bancorp had a net margin of 21.22% and a return on equity of 7.04%. On average, equities analysts forecast that HarborOne Bancorp, Inc. will post 0.94 EPS for the current year.

HarborOne Bancorp Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, July 27th. Shareholders of record on Wednesday, July 13th were paid a dividend of $0.07 per share. This represents a $0.28 annualized dividend and a yield of 1.99%. The ex-dividend date was Tuesday, July 12th. HarborOne Bancorp’s payout ratio is currently 29.47%.

About HarborOne Bancorp

(Get Rating)

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 lending products comprise commercial real estate, commercial, residential mortgages, and consumer loans, including indirect automobile lease loans.

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Institutional Ownership by Quarter for HarborOne Bancorp (NASDAQ:HONE)

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