Insider Buying: Heritage Oaks Bancorp Director Acquires 500 Shares of Stock (HEOP)
Heritage Oaks Bancorp (NASDAQ:HEOP) Director Mark C. Fugate purchased 500 shares of Heritage Oaks Bancorp stock in a transaction that occurred on Monday, August 11th. The shares were purchased at an average cost of $6.87 per share, with a total value of $3,435.00. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.
Shares of Heritage Oaks Bancorp (NASDAQ:HEOP) traded up 0.15% during mid-day trading on Friday, hitting $6.89. 9,439 shares of the company’s stock traded hands. Heritage Oaks Bancorp has a 52 week low of $5.95 and a 52 week high of $8.48. The stock has a 50-day moving average of $7.2 and a 200-day moving average of $7.63. The company has a market cap of $225.9 million and a P/E ratio of 38.22.
Heritage Oaks Bancorp (NASDAQ:HEOP) last released its earnings data on Monday, July 28th. The company reported $0.09 EPS for the quarter, meeting the Thomson Reuters consensus estimate of $0.09. Analysts expect that Heritage Oaks Bancorp will post $0.25 earnings per share for the current fiscal year.
The company also recently declared a quarterly dividend, which is scheduled for Monday, September 15th. Shareholders of record on Friday, August 29th will be given a dividend of $0.03 per share. This represents a $0.12 dividend on an annualized basis and a yield of 1.74%. The ex-dividend date of this dividend is Wednesday, August 27th.
Separately, analysts at Keefe, Bruyette & Woods cut their price target on shares of Heritage Oaks Bancorp from $9.00 to $8.50 in a research note on Thursday, July 31st.
Heritage Oaks Bancorp is a holding company for Heritage Oaks Bank (NASDAQ:HEOP).
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