Jane Street Group LLC Has $279,000 Stock Position in HarborOne Bancorp, Inc. (NASDAQ:HONE)

Jane Street Group LLC cut its position in shares of HarborOne Bancorp, Inc. (NASDAQ:HONE - Free Report) by 64.9% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 23,554 shares of the financial services provider's stock after selling 43,477 shares during the period. Jane Street Group LLC owned 0.05% of HarborOne Bancorp worth $279,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in HONE. PDT Partners LLC raised its position in shares of HarborOne Bancorp by 93.3% in the fourth quarter. PDT Partners LLC now owns 46,630 shares of the financial services provider's stock valued at $552,000 after purchasing an additional 22,503 shares during the period. Schonfeld Strategic Advisors LLC bought a new position in HarborOne Bancorp during the fourth quarter worth $234,000. Northern Trust Corp increased its holdings in shares of HarborOne Bancorp by 5.7% during the 4th quarter. Northern Trust Corp now owns 364,935 shares of the financial services provider's stock worth $4,317,000 after purchasing an additional 19,600 shares during the period. Tudor Investment Corp ET AL bought a new position in HarborOne Bancorp during the fourth quarter valued at about $227,000. Finally, Quarry LP acquired a new position in shares of HarborOne Bancorp in the 4th quarter valued at $57,000. 65.01% of the stock is currently owned by institutional investors and hedge funds.

HarborOne Bancorp Price Performance

Shares of HarborOne Bancorp stock traded down $0.06 during midday trading on Thursday, reaching $11.15. The company had a trading volume of 435,068 shares, compared to its average volume of 216,691. The company has a current ratio of 1.12, a quick ratio of 1.11 and a debt-to-equity ratio of 0.92. The stock has a fifty day simple moving average of $10.69 and a 200 day simple moving average of $11.47. HarborOne Bancorp, Inc. has a 1-year low of $8.89 and a 1-year high of $14.00. The company has a market capitalization of $480.46 million, a price-to-earnings ratio of 16.89 and a beta of 0.60.

HarborOne Bancorp (NASDAQ:HONE - Get Free Report) last announced its quarterly earnings data on Thursday, April 24th. The financial services provider reported $0.14 earnings per share for the quarter, missing the consensus estimate of $0.17 by ($0.03). The business had revenue of $41.36 million during the quarter, compared to analyst estimates of $36.01 million. HarborOne Bancorp had a net margin of 8.61% and a return on equity of 4.63%. As a group, equities research analysts forecast that HarborOne Bancorp, Inc. will post 0.83 earnings per share for the current year.

HarborOne Bancorp Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, April 23rd. Investors of record on Wednesday, April 9th were given a $0.01 dividend. This represents a $0.04 dividend on an annualized basis and a dividend yield of 0.36%. The ex-dividend date was Wednesday, April 9th. HarborOne Bancorp's dividend payout ratio is currently 57.14%.

Analyst Upgrades and Downgrades

Several research analysts recently issued reports on the stock. Wall Street Zen began coverage on shares of HarborOne Bancorp in a research report on Thursday, May 22nd. They issued a "hold" rating for the company. Seaport Res Ptn raised HarborOne Bancorp from a "hold" rating to a "strong-buy" rating in a report on Friday, April 25th. Finally, Janney Montgomery Scott reaffirmed a "neutral" rating on shares of HarborOne Bancorp in a report on Tuesday, April 29th.

HarborOne Bancorp Company Profile

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.