Flagship Harbor Advisors LLC increased its holdings in shares of HarborOne Bancorp Inc (NASDAQ:HONE) by 130.2% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 17,035 shares of the financial services provider’s stock after purchasing an additional 9,635 shares during the quarter. Flagship Harbor Advisors LLC’s holdings in HarborOne Bancorp were worth $320,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also made changes to their positions in the company. Hennessy Advisors Inc. lifted its holdings in shares of HarborOne Bancorp by 1.8% during the third quarter. Hennessy Advisors Inc. now owns 290,000 shares of the financial services provider’s stock valued at $5,545,000 after purchasing an additional 5,000 shares in the last quarter. Raymond James & Associates lifted its holdings in shares of HarborOne Bancorp by 19.8% during the second quarter. Raymond James & Associates now owns 30,364 shares of the financial services provider’s stock valued at $575,000 after purchasing an additional 5,027 shares in the last quarter. Metropolitan Life Insurance Co. NY bought a new position in shares of HarborOne Bancorp during the second quarter valued at $100,000. Northern Trust Corp lifted its holdings in shares of HarborOne Bancorp by 2.9% during the first quarter. Northern Trust Corp now owns 187,424 shares of the financial services provider’s stock valued at $3,310,000 after purchasing an additional 5,349 shares in the last quarter. Finally, MetLife Investment Advisors LLC bought a new position in shares of HarborOne Bancorp during the second quarter valued at $142,000. 19.18% of the stock is currently owned by hedge funds and other institutional investors.

In other HarborOne Bancorp news, VP Christopher K. Gibbons sold 3,418 shares of the stock in a transaction dated Wednesday, September 5th. The stock was sold at an average price of $19.60, for a total value of $66,992.80. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, SVP David E. Tryder sold 3,400 shares of the stock in a transaction dated Wednesday, September 5th. The shares were sold at an average price of $19.68, for a total value of $66,912.00. The disclosure for this sale can be found here. 2.93% of the stock is currently owned by corporate insiders.

HONE stock opened at $17.91 on Friday. HarborOne Bancorp Inc has a fifty-two week low of $17.25 and a fifty-two week high of $20.01. The company has a debt-to-equity ratio of 0.62, a quick ratio of 1.07 and a current ratio of 1.10. The stock has a market capitalization of $590.47 million, a price-to-earnings ratio of 40.22 and a beta of 0.42.

HarborOne Bancorp (NASDAQ:HONE) last posted its earnings results on Thursday, October 25th. The financial services provider reported $0.19 earnings per share for the quarter, beating analysts’ consensus estimates of $0.10 by $0.09. HarborOne Bancorp had a return on equity of 4.06% and a net margin of 8.35%. The company had revenue of $34.76 million for the quarter.

HONE has been the topic of a number of research analyst reports. BidaskClub downgraded HarborOne Bancorp from a “hold” rating to a “sell” rating in a report on Thursday. TheStreet downgraded HarborOne Bancorp from a “b-” rating to a “c” rating in a report on Wednesday, August 1st. ValuEngine downgraded HarborOne Bancorp from a “hold” rating to a “sell” rating in a report on Friday, November 2nd. Finally, Sandler O’Neill downgraded HarborOne Bancorp from a “buy” rating to a “hold” rating in a report on Wednesday, August 29th. Two analysts have rated the stock with a sell rating and two have given a hold rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus price target of $19.50.

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About HarborOne Bancorp

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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