Home Federal Bancorp, Inc. of Louisiana (NASDAQ:HFBL) Stock Breaks Below 200-Day Moving Average - Should You Sell?

Key Points

• HFBL shares fell below their 200-day moving average, trading as low as $20.50 versus the $20.90 average, with the latest price near $20.52.
• Analysts maintain a “Hold” consensus, while the bank recently reported $0.46 in quarterly EPS, $6.51 million in revenue, a 17.56% net margin, and a 10.69% return on equity.
• The company declared a quarterly dividend of $0.15 per share, equivalent to $0.60 annually and a 2.9% yield; institutional investors own 21.12% of the stock, including a new BlackRock position.

Home Federal Bancorp, Inc. of Louisiana (NASDAQ:HFBL - Get Free Report)'s stock price crossed below its 200-day moving average during trading on Monday. The stock has a 200-day moving average of $20.90 and traded as low as $20.50. Home Federal Bancorp, Inc. of Louisiana shares last traded at $20.52, with a volume of 19,976 shares changing hands.

Analyst Ratings Changes

Separately, Weiss Ratings reaffirmed a "hold (c)" rating on shares of Home Federal Bancorp, Inc. of Louisiana in a research note on Friday, October 2nd. One research analyst has rated the stock with a Hold rating. According to data from MarketBeat, the company presently has a consensus rating of "Hold".

Home Federal Bancorp, Inc. of Louisiana Stock Performance

The company has a debt-to-equity ratio of 0.06, a current ratio of 0.88 and a quick ratio of 0.88. The stock has a 50-day moving average price of $24.70 and a 200 day moving average price of $20.90. The company has a market cap of $62.18 million, a price-to-earnings ratio of 10.26 and a beta of 0.41.

Home Federal Bancorp, Inc. of Louisiana (NASDAQ:HFBL - Get Free Report) last released 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 10.69%. The company had revenue of $6.51 million during the quarter.

Home Federal Bancorp, Inc. of Louisiana Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, November 16th. Shareholders of record on Monday, November 2nd will be given a dividend of $0.15 per share. The ex-dividend date of this dividend is Monday, November 2nd. This represents a $0.60 dividend on an annualized basis and a yield of 2.9%. Home Federal Bancorp, Inc. of Louisiana's dividend payout ratio is 30.00%.

Hedge Funds Weigh In On Home Federal Bancorp, Inc. of Louisiana

A hedge fund recently bought a new position in Home Federal Bancorp, Inc. of Louisiana stock. BlackRock Inc. purchased a new position in shares of Home Federal Bancorp, Inc. of Louisiana (NASDAQ:HFBL - Free Report) during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund purchased 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 SEC filing. Institutional investors and hedge funds own 21.12% of the company's stock.

About Home Federal Bancorp, Inc. of Louisiana

Home Federal Bancorp, Inc of Louisiana is the holding company for Home Federal Bank of Louisiana, a community-oriented financial institution headquartered in Shreveport, Louisiana. The bank provides banking and financial services to individuals, families, and businesses in northwestern Louisiana.

Home Federal Bank's services include deposit products such as checking, savings, money market, and certificate accounts, as well as residential mortgage lending, home equity loans, consumer loans, and commercial real estate and business lending.

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