Deprince Race & Zollo Inc. boosted its stake in HopFed Bancorp Inc. (NASDAQ:HFBC) by 3.5% during the second quarter, Holdings Channel reports. The firm owned 481,546 shares of the company’s stock after buying an additional 16,250 shares during the period. Deprince Race & Zollo Inc. owned 0.08% of HopFed Bancorp worth $5,581,000 as of its most recent filing with the SEC.
Separately, Stilwell Value LLC boosted its stake in HopFed Bancorp by 1.4% in the first quarter. Stilwell Value LLC now owns 632,128 shares of the company’s stock valued at $7,238,000 after buying an additional 8,461 shares during the period. Hedge funds and other institutional investors own 43.10% of the company’s stock.
HopFed Bancorp Inc. (NASDAQ:HFBC) traded up 0.0000% during trading on Thursday, hitting $11.2799. The company had a trading volume of 65 shares. The stock has a market capitalization of $70.30 million, a price-to-earnings ratio of 35.3602 and a beta of 0.45. The company’s 50 day moving average price is $11.40 and its 200-day moving average price is $11.53. HopFed Bancorp Inc. has a 1-year low of $10.82 and a 1-year high of $12.52.
HopFed Bancorp (NASDAQ:HFBC) last issued its quarterly earnings data on Friday, July 29th. The company reported $0.05 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.11 by $0.06. HopFed Bancorp had a return on equity of 2.24% and a net margin of 5.00%. On average, analysts expect that HopFed Bancorp Inc. will post $0.33 EPS for the current year.
The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, October 18th. Investors of record on Monday, October 3rd will be issued a dividend of $0.04 per share. The ex-dividend date of this dividend is Thursday, September 29th. This represents a $0.16 dividend on an annualized basis and a yield of 1.42%. HopFed Bancorp’s dividend payout ratio (DPR) is 51.61%.
Several analysts have recently weighed in on the company. Zacks Investment Research cut HopFed Bancorp from a “buy” rating to a “hold” rating in a report on Tuesday, July 12th. TheStreet lowered HopFed Bancorp from a “buy” rating to a “hold” rating in a research note on Thursday, July 21st.
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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