Rep. Jefferson Shreve Purchases Shares of Home Bancshares, Inc. (Conway, AR) (NYSE:HOMB)

Representative Jefferson Shreve (R-Indiana) recently bought shares of Home Bancshares, Inc. (Conway, AR) NYSE: HOMB. In a filing disclosed on May 08th, the Representative disclosed that they had bought between $15,001 and $50,000 in Home Bancshares, Inc. (Conway, AR) stock on April 7th. The trade occurred in the Representative's "CRT - STANDARD UNIT TRUST" account.

Representative Jefferson Shreve also recently made the following trade(s):

• Purchased $50,001 - $100,000 in shares of Chipotle Mexican Grill NYSE: CMG on 4/17/2025.
• Purchased $50,001 - $100,000 in shares of Applied Materials NASDAQ: AMAT on 4/17/2025.
• Purchased $15,001 - $50,000 in shares of Caterpillar NYSE: CAT on 4/17/2025.
• Sold $15,001 - $50,000 in shares of Lululemon Athletica NASDAQ: LULU on 4/17/2025.
• Purchased $15,001 - $50,000 in shares of Western Digital NASDAQ: WDC on 4/17/2025.
• Sold $15,001 - $50,000 in shares of Zoetis NYSE: ZTS on 4/17/2025.
• Purchased $15,001 - $50,000 in shares of Stryker NYSE: SYK on 4/17/2025.
• Purchased $15,001 - $50,000 in shares of NextEra Energy NYSE: NEE on 4/17/2025.
• Purchased $15,001 - $50,000 in shares of CSX NASDAQ: CSX on 4/17/2025.
• Purchased $15,001 - $50,000 in shares of Ross Stores NASDAQ: ROST on 4/17/2025.

Home Bancshares, Inc. (Conway, AR) Price Performance

Home Bancshares, Inc. (Conway, AR) stock traded down $0.14 during midday trading on Friday, reaching $28.57. 484,979 shares of the stock were exchanged, compared to its average volume of 1,013,814. The company's fifty day moving average is $27.51 and its 200-day moving average is $28.91. The company has a debt-to-equity ratio of 0.26, a quick ratio of 0.91 and a current ratio of 0.89. Home Bancshares, Inc. has a 52 week low of $22.42 and a 52 week high of $32.91. The firm has a market cap of $5.67 billion, a PE ratio of 14.14 and a beta of 0.79.

Home Bancshares, Inc. (Conway, AR) (NYSE:HOMB - Get Free Report) last announced its earnings results on Wednesday, April 16th. The financial services provider reported $0.56 earnings per share for the quarter, topping analysts' consensus estimates of $0.54 by $0.02. Home Bancshares, Inc. (Conway, AR) had a return on equity of 10.31% and a net margin of 27.39%. The business had revenue of $260.08 million for the quarter, compared to analyst estimates of $255.20 million. On average, sell-side analysts forecast that Home Bancshares, Inc. will post 2.19 EPS for the current year.

Home Bancshares, Inc. (Conway, AR) Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 4th. Stockholders of record on Wednesday, May 14th will be given a $0.20 dividend. This is a positive change from Home Bancshares, Inc. (Conway, AR)'s previous quarterly dividend of $0.20. This represents a $0.80 dividend on an annualized basis and a dividend yield of 2.80%. The ex-dividend date is Wednesday, May 14th. Home Bancshares, Inc. (Conway, AR)'s dividend payout ratio (DPR) is 38.10%.

Insider Transactions at Home Bancshares, Inc. (Conway, AR)

In other Home Bancshares, Inc. (Conway, AR) news, CAO Jennifer C. Floyd sold 2,500 shares of the firm's stock in a transaction on Wednesday, April 23rd. The stock was sold at an average price of $27.45, for a total transaction of $68,625.00. Following the completion of the transaction, the chief accounting officer now owns 4,301 shares of the company's stock, valued at approximately $118,062.45. This trade represents a 36.76 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Corporate insiders own 6.30% of the company's stock.

Analyst Upgrades and Downgrades

A number of research firms have commented on HOMB. StockNews.com raised shares of Home Bancshares, Inc. (Conway, AR) from a "sell" rating to a "hold" rating in a research note on Thursday, April 24th. Royal Bank of Canada lowered their price target on Home Bancshares, Inc. (Conway, AR) from $33.00 to $31.00 and set a "sector perform" rating on the stock in a research report on Monday, April 21st. Hovde Group cut their price objective on Home Bancshares, Inc. (Conway, AR) from $36.00 to $35.00 and set an "outperform" rating for the company in a report on Friday, January 17th. Finally, Stephens reiterated an "overweight" rating and set a $33.00 price objective on shares of Home Bancshares, Inc. (Conway, AR) in a research report on Monday, April 21st. Three equities research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. According to MarketBeat.com, Home Bancshares, Inc. (Conway, AR) has an average rating of "Moderate Buy" and an average price target of $32.40.

Institutional Investors Weigh In On Home Bancshares, Inc. (Conway, AR)

Large investors have recently added to or reduced their stakes in the company. Barclays PLC increased its holdings in Home Bancshares, Inc. (Conway, AR) by 65.2% during the 3rd quarter. Barclays PLC now owns 422,952 shares of the financial services provider's stock valued at $11,458,000 after purchasing an additional 166,927 shares during the period. Harbor Capital Advisors Inc. increased its stake in shares of Home Bancshares, Inc. (Conway, AR) by 0.5% during the fourth quarter. Harbor Capital Advisors Inc. now owns 69,914 shares of the financial services provider's stock valued at $1,979,000 after buying an additional 374 shares during the period. Trust Co. of Vermont bought a new stake in Home Bancshares, Inc. (Conway, AR) in the fourth quarter valued at $40,000. UMB Bank n.a. increased its position in Home Bancshares, Inc. (Conway, AR) by 63.6% during the 4th quarter. UMB Bank n.a. now owns 1,999 shares of the financial services provider's stock valued at $57,000 after purchasing an additional 777 shares during the period. Finally, Fort Washington Investment Advisors Inc. OH raised its holdings in Home Bancshares, Inc. (Conway, AR) by 14.9% in the 4th quarter. Fort Washington Investment Advisors Inc. OH now owns 725,572 shares of the financial services provider's stock worth $20,534,000 after purchasing an additional 94,190 shares in the last quarter. Institutional investors own 67.31% of the company's stock.

About Representative Shreve

Jefferson Shreve (Republican Party) is a member of the U.S. House, representing Indiana's 6th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027. Shreve (Republican Party) is running for re-election to the U.S. House to represent Indiana's 6th Congressional District. He declared candidacy for the 2026 election. Email editor@ballotpedia.org to notify us of updates to this biography. Jefferson Shreve earned a bachelor's degree from Indiana University in 1989, a graduate degree from the University of London in 1998, and a graduate degree from Purdue University in 2003. Shreve's career experience includes working as a real estate executive. Shreve was elected 7th District Vice Chairman of the Indiana Republican State Committee on January 17, 2018, and was re-elected on March 6, 2021. In 2020, he was selected as a district-level delegate to the 2020 Republican National Convention.

About Home Bancshares, Inc. (Conway, AR)

Home Bancshares, Inc (Conway, AR) operates as the bank holding company for Centennial Bank that provides commercial and retail banking, and related financial services to businesses, real estate developers and investors, individuals, and municipalities. Its deposit products include checking, savings, and money market accounts, as well as certificates of deposit.

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