HarborOne Bancorp (HONE) Rating Increased to Sell at BidaskClub

HarborOne Bancorp (NASDAQ:HONE) was upgraded by analysts at BidaskClub from a “strong sell” rating to a “sell” rating in a report issued on Tuesday.

Shares of HarborOne Bancorp (NASDAQ:HONE) opened at $18.50 on Tuesday. The company has a market capitalization of $615.73, a price-to-earnings ratio of 50.97 and a beta of -0.22. The company has a quick ratio of 1.09, a current ratio of 1.14 and a debt-to-equity ratio of 0.78. HarborOne Bancorp has a 12-month low of $15.92 and a 12-month high of $22.29.

Several institutional investors have recently modified their holdings of HONE. Schwab Charles Investment Management Inc. boosted its position in shares of HarborOne Bancorp by 163.8% in the third quarter. Schwab Charles Investment Management Inc. now owns 105,803 shares of the financial services provider’s stock worth $1,991,000 after buying an additional 65,703 shares during the period. Royce & Associates LP boosted its position in shares of HarborOne Bancorp by 24.1% in the third quarter. Royce & Associates LP now owns 279,200 shares of the financial services provider’s stock worth $5,252,000 after buying an additional 54,200 shares during the period. Dimensional Fund Advisors LP acquired a new stake in shares of HarborOne Bancorp in the third quarter worth $349,000. TIAA CREF Investment Management LLC boosted its position in shares of HarborOne Bancorp by 73.4% in the second quarter. TIAA CREF Investment Management LLC now owns 37,819 shares of the financial services provider’s stock worth $755,000 after buying an additional 16,014 shares during the period. Finally, New York State Common Retirement Fund acquired a new stake in shares of HarborOne Bancorp in the second quarter worth $281,000. 16.74% of the stock is owned by institutional investors and hedge funds.

ILLEGAL ACTIVITY NOTICE: “HarborOne Bancorp (HONE) Rating Increased to Sell at BidaskClub” was first posted by American Banking News and is the property of of American Banking News. If you are accessing this piece on another publication, it was copied illegally and republished in violation of international copyright laws. The correct version of this piece can be viewed at https://www.americanbankingnews.com/2018/02/06/harborone-bancorp-hone-rating-increased-to-sell-at-bidaskclub.html.

HarborOne Bancorp Company Profile

HarborOne Bancorp, Inc is a mid-tier stock holding company. The Company’s principal subsidiary is HarborOne Bank (the Bank), a state chartered co-operative bank whose primary subsidiary is a residential mortgage company, Merrimack Mortgage Company, LLC (Merrimack Mortgage). The Company operates through two segments: HarborOne Bank and Merrimack Mortgage.

Receive News & Ratings for HarborOne Bancorp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for HarborOne Bancorp and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply