Trexquant Investment LP Purchases Shares of 28,215 HarborOne Bancorp (HONE)

Trexquant Investment LP purchased a new stake in HarborOne Bancorp (NASDAQ:HONE) in the 1st quarter, according to its most recent filing with the SEC. The fund purchased 28,215 shares of the financial services provider’s stock, valued at approximately $498,000.

A number of other institutional investors and hedge funds have also modified their holdings of the business. SG Americas Securities LLC acquired a new stake in shares of HarborOne Bancorp during the 1st quarter worth $107,000. MetLife Investment Advisors LLC acquired a new stake in shares of HarborOne Bancorp during the 4th quarter worth $146,000. Goldman Sachs Group Inc. acquired a new stake in shares of HarborOne Bancorp during the 4th quarter worth $227,000. Millennium Management LLC increased its holdings in shares of HarborOne Bancorp by 21.0% during the 4th quarter. Millennium Management LLC now owns 15,618 shares of the financial services provider’s stock worth $299,000 after buying an additional 2,711 shares during the last quarter. Finally, Wells Fargo & Company MN increased its holdings in shares of HarborOne Bancorp by 22.3% during the 3rd quarter. Wells Fargo & Company MN now owns 16,930 shares of the financial services provider’s stock worth $318,000 after buying an additional 3,090 shares during the last quarter. Institutional investors own 18.76% of the company’s stock.

A number of analysts have recently commented on the company. BidaskClub downgraded HarborOne Bancorp from a “buy” rating to a “hold” rating in a report on Thursday, April 12th. Sandler O’Neill upgraded HarborOne Bancorp from a “hold” rating to a “buy” rating and set a $20.00 price objective for the company in a report on Monday, March 19th. Finally, Compass Point downgraded HarborOne Bancorp from a “buy” rating to a “neutral” rating and set a $19.00 price objective for the company. in a report on Thursday, March 15th.

HONE stock opened at $18.19 on Monday. The firm has a market cap of $593.41 million, a PE ratio of 51.97 and a beta of 0.18. The company has a debt-to-equity ratio of 0.66, a current ratio of 1.11 and a quick ratio of 1.09. HarborOne Bancorp has a 52 week low of $15.92 and a 52 week high of $22.29.

HarborOne Bancorp (NASDAQ:HONE) last released its quarterly earnings data on Thursday, April 19th. The financial services provider reported $0.07 EPS for the quarter, missing analysts’ consensus estimates of $0.08 by ($0.01). The firm had revenue of $31.47 million for the quarter. HarborOne Bancorp had a return on equity of 3.24% and a net margin of 6.68%.

HarborOne Bancorp Company Profile

HarborOne Bancorp, Inc operates as the holding company for HarborOne Bank that provides financial services to individuals, families, small and middle-market businesses, and municipalities throughout Southeastern New England. Its primary deposit products include checking, money market, savings, and term certificate of deposit accounts; and lending products comprise commercial real estate loans, commercial loans, construction loans, one- to four-family residential real estate loans, second mortgages and equity lines of credit, and auto and other consumer loans.

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Institutional Ownership by Quarter for HarborOne Bancorp (NASDAQ:HONE)

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