HopFed Bancorp Inc. (NASDAQ:HFBC) has been assigned an average broker rating score of 3.00 (Hold) from the two brokers that cover the stock, Zacks Investment Research reports. Two analysts have rated the stock with a hold recommendation.
Zacks has also assigned HopFed Bancorp an industry rank of 190 out of 265 based on the ratings given to related companies.
HFBC has been the topic of a number of recent research reports. Zacks Investment Research raised HopFed Bancorp from a “hold” rating to a “buy” rating and set a $13.00 price objective on the stock in a research note on Monday, July 4th. TheStreet lowered HopFed Bancorp from a “buy” rating to a “hold” rating in a research note on Thursday, July 21st.
An institutional investor recently raised its position in HopFed Bancorp stock. Stilwell Value LLC raised its stake in shares of HopFed Bancorp Inc. (NASDAQ:HFBC) by 0.8% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 637,128 shares of the company’s stock after buying an additional 5,000 shares during the period. HopFed Bancorp makes up 4.8% of Stilwell Value LLC’s holdings, making the stock its 5th largest position. Stilwell Value LLC owned 10.22% of HopFed Bancorp worth $7,384,000 as of its most recent filing with the SEC. Hedge funds and other institutional investors own 43.10% of the company’s stock.
Shares of HopFed Bancorp (NASDAQ:HFBC) opened at 11.20 on Wednesday. The company’s 50-day moving average price is $11.42 and its 200-day moving average price is $11.54. HopFed Bancorp has a 12 month low of $10.82 and a 12 month high of $12.52. The company has a market cap of $69.80 million, a P/E ratio of 35.11 and a beta of 0.45.
HopFed Bancorp (NASDAQ:HFBC) last released its quarterly earnings data on Friday, July 29th. The company reported $0.05 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.11 by $0.06. HopFed Bancorp had a return on equity of 2.24% and a net margin of 5.00%. Equities analysts forecast that HopFed Bancorp will post $0.33 EPS for the current fiscal year.
The firm also recently declared a quarterly dividend, which will be paid on Tuesday, October 18th. Stockholders of record on Monday, October 3rd will be paid a $0.04 dividend. This represents a $0.16 annualized dividend and a dividend yield of 1.43%. The ex-dividend date of this dividend is Thursday, September 29th. HopFed Bancorp’s dividend payout ratio (DPR) is presently 51.61%.
HopFed Bancorp Company Profile
HopFed Bancorp, Inc is a savings and loan holding company that operates through its subsidiary, Heritage Bank USA, Inc (the Bank). The Bank is a Kentucky state chartered commercial bank based in Hopkinsville, Kentucky, with branch offices in Kentucky and Tennessee. The business of the Bank primarily consists of attracting deposits from the general public and investing such deposits in loans secured by single family residential real estate and investment securities, including United States Government and agency securities, municipal and corporate bonds, collateralized mortgages obligations (CMOs), and mortgage-backed securities.
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