Two Sigma Investments LP Has $1.50 Million Holdings in HarborOne Bancorp, Inc. (NASDAQ:HONE)

Two Sigma Investments LP raised its stake in HarborOne Bancorp, Inc. (NASDAQ:HONE - Free Report) by 26.8% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 126,582 shares of the financial services provider's stock after purchasing an additional 26,737 shares during the period. Two Sigma Investments LP owned approximately 0.29% of HarborOne Bancorp worth $1,497,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of the stock. T. Rowe Price Investment Management Inc. boosted its holdings in HarborOne Bancorp by 2.4% in the 4th quarter. T. Rowe Price Investment Management Inc. now owns 5,693,131 shares of the financial services provider's stock valued at $67,350,000 after purchasing an additional 131,602 shares during the period. Dimensional Fund Advisors LP lifted its holdings in shares of HarborOne Bancorp by 1.9% during the 4th quarter. Dimensional Fund Advisors LP now owns 2,592,784 shares of the financial services provider's stock worth $30,673,000 after acquiring an additional 47,592 shares during the period. Vanguard Group Inc. lifted its holdings in shares of HarborOne Bancorp by 3.5% during the 4th quarter. Vanguard Group Inc. now owns 2,247,931 shares of the financial services provider's stock worth $26,593,000 after acquiring an additional 75,328 shares during the period. Northern Trust Corp lifted 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 acquiring an additional 19,600 shares during the period. Finally, American Century Companies Inc. lifted its holdings in shares of HarborOne Bancorp by 1.0% during the 4th quarter. American Century Companies Inc. now owns 356,944 shares of the financial services provider's stock worth $4,223,000 after acquiring an additional 3,688 shares during the period. 65.01% of the stock is owned by institutional investors.

HarborOne Bancorp Price Performance

HONE stock traded up $0.21 during trading on Friday, hitting $11.36. 345,853 shares of the stock traded hands, compared to its average volume of 218,246. HarborOne Bancorp, Inc. has a one year low of $8.89 and a one year high of $14.00. The stock has a market cap of $489.51 million, a price-to-earnings ratio of 17.21 and a beta of 0.60. The company has a 50 day simple moving average of $10.72 and a 200 day simple moving average of $11.44. 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 - Get Free Report) last announced its quarterly earnings results on Thursday, April 24th. The financial services provider reported $0.14 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.17 by ($0.03). HarborOne Bancorp had a net margin of 8.61% and a return on equity of 4.63%. The firm had revenue of $41.36 million for the quarter, compared to the consensus estimate of $36.01 million. Equities analysts expect that HarborOne Bancorp, Inc. will post 0.83 EPS for the current fiscal year.

HarborOne Bancorp Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, April 23rd. Shareholders of record on Wednesday, April 9th were given a $0.01 dividend. This represents a $0.04 annualized dividend and a yield of 0.35%. The ex-dividend date of this dividend was Wednesday, April 9th. HarborOne Bancorp's payout ratio is presently 57.14%.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on HONE shares. Wall Street Zen started coverage on shares of HarborOne Bancorp in a report on Thursday, May 22nd. They set a "hold" rating for the company. Seaport Res Ptn raised shares of 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.