ValuEngine Lowers HarborOne Bancorp (NASDAQ:HONE) to Sell

Share on StockTwits

ValuEngine lowered shares of HarborOne Bancorp (NASDAQ:HONE) from a hold rating to a sell rating in a research report sent to investors on Friday, ValuEngine reports.

A number of other analysts have also commented on the stock. BidaskClub lowered shares of HarborOne Bancorp from a sell rating to a strong sell rating in a research report on Friday, January 17th. Zacks Investment Research lowered shares of HarborOne Bancorp from a buy rating to a hold rating in a research report on Wednesday, December 18th. Two analysts have rated the stock with a sell rating, one has given a hold rating and two have assigned a buy rating to the company’s stock. The company currently has a consensus rating of Hold and a consensus price target of $16.50.

NASDAQ:HONE opened at $11.06 on Friday. The company has a market cap of $646.82 million, a P/E ratio of 43.80 and a beta of 0.62. HarborOne Bancorp has a twelve month low of $8.36 and a twelve month high of $11.19. The business has a 50 day moving average price of $10.96 and a two-hundred day moving average price of $12.00. The company has a quick ratio of 1.12, a current ratio of 1.15 and a debt-to-equity ratio of 0.37.

Hedge funds have recently made changes to their positions in the company. Flagship Harbor Advisors LLC lifted its position in shares of HarborOne Bancorp by 286.5% in the third quarter. Flagship Harbor Advisors LLC now owns 6,026 shares of the financial services provider’s stock worth $60,000 after purchasing an additional 4,467 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank lifted its position in shares of HarborOne Bancorp by 187.2% in the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 6,445 shares of the financial services provider’s stock worth $71,000 after purchasing an additional 4,201 shares in the last quarter. Metropolitan Life Insurance Co NY lifted its position in shares of HarborOne Bancorp by 79.5% in the third quarter. Metropolitan Life Insurance Co NY now owns 9,495 shares of the financial services provider’s stock worth $96,000 after purchasing an additional 4,206 shares in the last quarter. Rockland Trust Co. acquired a new position in HarborOne Bancorp during the fourth quarter worth $117,000. Finally, UBS Asset Management Americas Inc. acquired a new position in HarborOne Bancorp during the second quarter worth $226,000. 37.04% of the stock is currently owned by institutional investors and hedge funds.

About HarborOne Bancorp

HarborOne Bancorp, Inc operates as the holding company for HarborOne Bank that provides financial services to individuals, families, small and middle-market businesses, and municipalities throughout Southeastern New England. Its primary deposit products include checking, money market, savings, and term certificate of deposit accounts; and lending products comprise commercial real estate loans, commercial loans, construction loans, one- to four-family residential real estate loans, second mortgages and equity lines of credit, and auto and other consumer loans.

Read More: Derivative

To view ValuEngine’s full report, visit ValuEngine’s official website.

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.



Latest News

Zacks: Analysts Anticipate Verint Systems Inc.  Will Post Earnings of $1.16 Per Share
Zacks: Analysts Anticipate Verint Systems Inc. Will Post Earnings of $1.16 Per Share
Brokerages Expect Outfront Media Inc  to Post $0.72 Earnings Per Share
Brokerages Expect Outfront Media Inc to Post $0.72 Earnings Per Share
$377.44 Million in Sales Expected for Verint Systems Inc.  This Quarter
$377.44 Million in Sales Expected for Verint Systems Inc. This Quarter
Equitable Financial  and Capitol Federal Financial  Critical Comparison
Equitable Financial and Capitol Federal Financial Critical Comparison
EncryptoTel [WAVES]  Price Up 4.4% Over Last Week
EncryptoTel [WAVES] Price Up 4.4% Over Last Week
BnkToTheFuture Market Cap Hits $11.82 Million
BnkToTheFuture Market Cap Hits $11.82 Million


© 2006-2020 Ticker Report