Home Federal Bancorp, Inc. of Louisiana (NASDAQ:HFBL) Stock Crosses Above 200 Day Moving Average - What's Next?

Key Points

• HFBL shares crossed above their 200-day moving average, reaching $25.99 and last trading at $25.00 versus a 200-day average of $20.70. Trading volume was light at 1,051 shares.
• Analysts maintained a cautious outlook: Weiss Ratings reiterated a “Hold (C)” rating, and the sole analyst covering the stock also rates it “Hold.”
• Home Federal Bancorp reported quarterly earnings of $0.46 per share on $6.51 million in revenue and increased its quarterly dividend to $0.15 per share, or $0.60 annually, yielding about 2.4%.

Home Federal Bancorp, Inc. of Louisiana (NASDAQ:HFBL - Get Free Report)'s stock price passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $20.70 and traded as high as $25.99. Home Federal Bancorp, Inc. of Louisiana shares last traded at $25.00, with a volume of 1,051 shares changing hands.

Analysts Set New Price Targets

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

Home Federal Bancorp, Inc. of Louisiana Stock Performance

The firm's 50 day moving average price is $23.87 and its 200-day moving average price is $20.70. The firm has a market cap of $76.35 million, a price-to-earnings ratio of 12.50 and a beta of 0.39. The company has a debt-to-equity ratio of 0.10, a current ratio of 0.89 and a quick ratio of 0.88.

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 during the quarter.

Home Federal Bancorp, Inc. of Louisiana Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, August 10th. Investors of record on Monday, July 27th were paid a dividend of $0.15 per share. This is a positive change from Home Federal Bancorp, Inc. of Louisiana's previous quarterly dividend of $0.14. This represents a $0.60 annualized dividend and a yield of 2.4%. The ex-dividend date was Monday, July 27th. Home Federal Bancorp, Inc. of Louisiana's dividend payout ratio is presently 30.00%.

Institutional Trading of Home Federal Bancorp, Inc. of Louisiana

A hedge fund recently bought a new stake in Home Federal Bancorp, Inc. of Louisiana stock. BlackRock Inc. bought a new stake in Home Federal Bancorp, Inc. of Louisiana (NASDAQ:HFBL - Free Report) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 7,059 shares of the bank's stock, valued at approximately $148,000. BlackRock Inc. owned approximately 0.23% of Home Federal Bancorp, Inc. of Louisiana at the end of the most recent quarter. Institutional investors and hedge funds 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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