Shares of HopFed Bancorp, Inc (NASDAQ:HFBC) have received an average broker rating score of 3.00 (Hold) from the two analysts that cover the company, Zacks Investment Research reports. Two research analysts have rated the stock with a hold rating.

Zacks has also given HopFed Bancorp an industry rank of 100 out of 265 based on the ratings given to related companies.

Separately, Zacks Investment Research cut HopFed Bancorp from a “buy” rating to a “hold” rating in a report on Wednesday, October 11th.

In related news, Director Clay Smith purchased 4,500 shares of the firm’s stock in a transaction that occurred on Thursday, September 21st. The shares were bought at an average price of $14.20 per share, for a total transaction of $63,900.00. Following the acquisition, the director now owns 16,580 shares of the company’s stock, valued at approximately $235,436. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Corporate insiders own 4.30% of the company’s stock.

A number of institutional investors have recently made changes to their positions in the business. Western Standard LLC grew its position in HopFed Bancorp by 32.0% in the 3rd quarter. Western Standard LLC now owns 43,233 shares of the savings and loans company’s stock valued at $627,000 after acquiring an additional 10,473 shares during the last quarter. Stilwell Value LLC grew its position in shares of HopFed Bancorp by 1,333.4% during the 2nd quarter. Stilwell Value LLC now owns 9,132,593 shares of the savings and loans company’s stock worth $9,133,000 after buying an additional 8,495,465 shares in the last quarter. Dimensional Fund Advisors LP grew its position 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 buying an additional 733 shares in the last quarter. Vanguard Group Inc. grew its position 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 buying an additional 5,600 shares in the last quarter. Finally, Northern Trust Corp grew its position in shares of HopFed Bancorp by 2.5% during the 2nd quarter. Northern Trust Corp now owns 11,505 shares of the savings and loans company’s stock worth $165,000 after buying an additional 278 shares in the last quarter. 46.56% of the stock is currently owned by institutional investors.

Shares of HopFed Bancorp (HFBC) traded down $0.39 on Friday, hitting $14.11. The stock had a trading volume of 7,247 shares, compared to its average volume of 4,861. The stock has a market cap of $95.29, a PE ratio of 19.75 and a beta of 0.17. HopFed Bancorp has a twelve month low of $12.80 and a twelve month high of $15.45. The company has a quick ratio of 0.86, a current ratio of 0.86 and a debt-to-equity ratio of 0.46.

HopFed Bancorp (NASDAQ:HFBC) last issued its quarterly earnings data on Wednesday, October 25th. The savings and loans company reported $0.22 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.19 by $0.03. The business had revenue of $9.13 million for 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%. analysts expect that HopFed Bancorp will post 0.73 earnings per share for the current year.

HopFed Bancorp announced that its board has authorized a stock buyback plan on Thursday, November 16th that authorizes the company to buyback 300,000 outstanding shares. This buyback authorization authorizes the savings and loans company to reacquire shares of its stock through open market purchases. Stock buyback plans are generally a sign that the company’s board believes its stock is 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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