HarborOne Bancorp, Inc. (NASDAQ:HONE) Shares Bought by AlphaQuest LLC

AlphaQuest LLC lifted its stake in shares of HarborOne Bancorp, Inc. (NASDAQ:HONE) by 89.8% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 23,168 shares of the financial services provider’s stock after acquiring an additional 10,960 shares during the period. AlphaQuest LLC owned 0.05% of HarborOne Bancorp worth $274,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Point72 Asia Singapore Pte. Ltd. boosted its stake in shares of HarborOne Bancorp by 164.7% during the 3rd quarter. Point72 Asia Singapore Pte. Ltd. now owns 4,217 shares of the financial services provider’s stock worth $55,000 after purchasing an additional 2,624 shares during the last quarter. US Bancorp DE boosted its position in HarborOne Bancorp by 1,306.7% during the fourth quarter. US Bancorp DE now owns 5,880 shares of the financial services provider’s stock worth $70,000 after acquiring an additional 5,462 shares during the last quarter. Quantbot Technologies LP purchased a new stake in HarborOne Bancorp in the 3rd quarter worth approximately $73,000. Quest Partners LLC acquired a new position in HarborOne Bancorp in the 3rd quarter valued at $158,000. Finally, Y Intercept Hong Kong Ltd purchased a new position in shares of HarborOne Bancorp during the 4th quarter worth $176,000. Hedge funds and other institutional investors own 65.01% of the company’s stock.

HarborOne Bancorp Price Performance

Shares of NASDAQ:HONE opened at $10.75 on Friday. The business has a fifty day simple moving average of $11.62 and a 200-day simple moving average of $12.31. HarborOne Bancorp, Inc. has a 52 week low of $9.16 and a 52 week high of $14.00. The company has a market cap of $467.60 million, a P/E ratio of 16.29 and a beta of 0.73. The company has a quick ratio of 1.11, a current ratio of 1.12 and a debt-to-equity ratio of 0.92.

HarborOne Bancorp (NASDAQ:HONE) last posted its quarterly earnings results on Tuesday, February 4th. The financial services provider reported $0.20 EPS for the quarter, beating 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%. Equities research analysts forecast that HarborOne Bancorp, Inc. will post 0.83 EPS for the current year.

HarborOne Bancorp Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, January 14th. Shareholders of record on Tuesday, December 31st were issued a $0.08 dividend. The ex-dividend date was Tuesday, December 31st. This represents a $0.32 dividend on an annualized basis and a dividend yield of 2.98%. HarborOne Bancorp’s dividend payout ratio (DPR) is presently 48.48%.

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.