HarborOne Bancorp, Inc. (NASDAQ:HONE) Stake Boosted by Victory Capital Management Inc.

Victory Capital Management Inc. grew its stake in shares of HarborOne Bancorp, Inc. (NASDAQ:HONE) by 9.1% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 286,072 shares of the financial services provider’s stock after acquiring an additional 23,900 shares during the period. Victory Capital Management Inc.’s holdings in HarborOne Bancorp were worth $3,384,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Point72 Asia Singapore Pte. Ltd. grew its holdings 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 valued at $55,000 after acquiring an additional 2,624 shares in the last quarter. Quantbot Technologies LP bought a new stake in HarborOne Bancorp in the third quarter worth $73,000. US Bancorp DE boosted its holdings in HarborOne Bancorp by 1,306.7% in the fourth quarter. US Bancorp DE now owns 5,880 shares of the financial services provider’s stock worth $70,000 after purchasing an additional 5,462 shares in the last quarter. Quest Partners LLC bought a new stake in HarborOne Bancorp in the third quarter worth $158,000. Finally, Y Intercept Hong Kong Ltd bought a new stake in HarborOne Bancorp in the fourth quarter worth $176,000. 65.01% of the stock is currently owned by hedge funds and other institutional investors.

HarborOne Bancorp Trading Up 2.4 %

Shares of NASDAQ:HONE opened at $10.75 on Monday. The stock has a market capitalization of $467.60 million, a PE ratio of 16.29 and a beta of 0.73. HarborOne Bancorp, Inc. has a 1 year low of $9.16 and a 1 year high of $14.00. The firm has a fifty day moving average price of $11.62 and a 200 day moving average price of $12.30. The company has a current ratio of 1.12, a quick ratio of 1.11 and a debt-to-equity ratio of 0.92.

HarborOne Bancorp (NASDAQ:HONE) last issued its quarterly earnings data on Tuesday, February 4th. The financial services provider reported $0.20 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.18 by $0.02. HarborOne Bancorp had a net margin of 8.61% and a return on equity of 4.63%. Analysts expect that HarborOne Bancorp, Inc. will post 0.83 EPS for the current fiscal year.

HarborOne Bancorp Announces Dividend

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

About HarborOne Bancorp

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.