Home Federal Bancorp, Inc. of Louisiana (NASDAQ:HFBL) Share Price Passes Above Two Hundred Day Moving Average - Here's What Happened

Key Points

• HFBL shares rose above their 200-day moving average, reaching $23.98 compared with the $19.78 average, although trading volume was only 456 shares.
• Analysts maintain a cautious outlook: Weiss Ratings reiterated a “hold (C)” rating, and MarketBeat reports an average rating of “Hold.”
• The bank reported quarterly earnings of $0.46 per share on $6.51 million in revenue and increased its quarterly dividend to $0.15, or $0.60 annually, yielding about 2.5%.

Shares of Home Federal Bancorp, Inc. of Louisiana (NASDAQ:HFBL - Get Free Report) crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $19.78 and traded as high as $23.98. Home Federal Bancorp, Inc. of Louisiana shares last traded at $23.98, with a volume of 456 shares.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings restated a "hold (c)" rating on shares of Home Federal Bancorp, Inc. of Louisiana in a research report on Monday, July 6th. One research analyst has rated the stock with a Hold rating, According to data from MarketBeat, the stock has an average rating of "Hold".

Home Federal Bancorp, Inc. of Louisiana Stock Down 0.1%

The company has a debt-to-equity ratio of 0.10, a current ratio of 0.89 and a quick ratio of 0.88. The business's 50 day moving average price is $21.80 and its 200 day moving average price is $19.78. The firm has a market cap of $73.14 million, a PE ratio of 11.99 and a beta of 0.38.

Home Federal Bancorp, Inc. of Louisiana (NASDAQ:HFBL - Get Free Report) last issued its quarterly earnings results on Thursday, July 30th. The bank reported $0.46 earnings per share for the quarter. Home Federal Bancorp, Inc. of Louisiana had a net margin of 17.56% and a return on equity of 10.75%. The firm had revenue of $6.51 million for the quarter.

Home Federal Bancorp, Inc. of Louisiana Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, August 10th. Stockholders of record on Monday, July 27th were given a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 2.5%. This is a boost from Home Federal Bancorp, Inc. of Louisiana's previous quarterly dividend of $0.14. The ex-dividend date was Monday, July 27th. Home Federal Bancorp, Inc. of Louisiana's dividend payout ratio (DPR) is 30.00%.

Institutional Trading of Home Federal Bancorp, Inc. of Louisiana

A hedge fund recently bought a new position in Home Federal Bancorp, Inc. of Louisiana stock. BlackRock Inc. acquired a new stake in Home Federal Bancorp, Inc. of Louisiana (NASDAQ:HFBL - Free Report) in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 7,059 shares of the bank's stock, valued at approximately $148,000. BlackRock Inc. owned about 0.23% of Home Federal Bancorp, Inc. of Louisiana as of its most recent filing with the SEC. Hedge funds and other institutional investors own 21.12% of the company's stock.

Home Federal Bancorp, Inc. of Louisiana Company Profile

Home Federal Bancorp, Inc of Louisiana is a bank holding company headquartered in Louisiana. Through its subsidiary Home Federal Bank, F.A., the company delivers a full suite of retail and commercial banking products. Its deposit offerings include checking and savings accounts, certificates of deposit, money market accounts and online banking services designed to meet the needs of individuals and small businesses.

The company's lending portfolio encompasses residential mortgage loans, commercial real estate financing, construction and development loans, and various consumer credit products.

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