First Trust Advisors LP cut its stake in shares of HarborOne Bancorp, Inc. (NASDAQ:HONE) by 18.7% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 40,947 shares of the financial services provider’s stock after selling 9,389 shares during the period. First Trust Advisors LP owned 0.13% of HarborOne Bancorp worth $770,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in HONE. Schwab Charles Investment Management Inc. grew its stake in shares of HarborOne Bancorp by 59.8% during the 2nd quarter. Schwab Charles Investment Management Inc. now owns 40,100 shares of the financial services provider’s stock valued at $801,000 after buying an additional 15,000 shares during the period. Rhumbline Advisers lifted its holdings in shares of HarborOne Bancorp by 2.8% during the 2nd quarter. Rhumbline Advisers now owns 13,076 shares of the financial services provider’s stock valued at $261,000 after acquiring an additional 355 shares in the last quarter. Victory Capital Management Inc. lifted its holdings in shares of HarborOne Bancorp by 0.9% during the 2nd quarter. Victory Capital Management Inc. now owns 52,390 shares of the financial services provider’s stock valued at $1,046,000 after acquiring an additional 465 shares in the last quarter. Royce & Associates LP lifted its holdings in shares of HarborOne Bancorp by 12.5% during the 2nd quarter. Royce & Associates LP now owns 225,000 shares of the financial services provider’s stock valued at $4,491,000 after acquiring an additional 25,000 shares in the last quarter. Finally, Alliancebernstein L.P. acquired a new position in shares of HarborOne Bancorp during the 2nd quarter valued at $240,000. 16.73% of the stock is owned by institutional investors.

HarborOne Bancorp, Inc. (HONE) opened at $19.40 on Thursday. The company has a current ratio of 1.14, a quick ratio of 1.09 and a debt-to-equity ratio of 0.78. The firm has a market cap of $632.67, a price-to-earnings ratio of 52.35 and a beta of 0.25. HarborOne Bancorp, Inc. has a 1-year low of $15.92 and a 1-year high of $22.29.

HarborOne Bancorp (NASDAQ:HONE) last posted its earnings results on Thursday, October 19th. The financial services provider reported $0.09 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.10 by ($0.01). The business had revenue of $33.90 million for the quarter. HarborOne Bancorp had a net margin of 8.02% and a return on equity of 3.50%.

Separately, ValuEngine lowered shares of HarborOne Bancorp from a “buy” rating to a “hold” rating in a report on Tuesday, August 29th.

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HarborOne Bancorp Profile

HarborOne Bancorp, Inc is a mid-tier stock holding company. The Company’s principal subsidiary is HarborOne Bank (the Bank), a state chartered co-operative bank whose primary subsidiary is a residential mortgage company, Merrimack Mortgage Company, LLC (Merrimack Mortgage). The Company operates through two segments: HarborOne Bank and Merrimack Mortgage.

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

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