Trade Report: Today, HopFed Bancorp Inc. (HFBC) Upgraded to Buy at TheStreet

Today, HopFed Bancorp Inc. (HFBC) Upgraded to Buy at TheStreet

HopFed Bancorp Inc. (NASDAQ:HFBC) was upgraded by equities research analysts at TheStreet from a “hold” rating to a “buy” rating in a research report issued on Wednesday.

Separately, Zacks Investment Research cut shares of HopFed Bancorp from a “hold” rating to a “sell” rating in a research note on Thursday, August 4th.

HopFed Bancorp (NASDAQ:HFBC) traded up 2.78% during mid-day trading on Wednesday, hitting $12.92. 4,462 shares of the stock traded hands. The stock has a market capitalization of $80.26 million, a PE ratio of 32.54 and a beta of 0.44. HopFed Bancorp has a one year low of $10.82 and a one year high of $12.98. The company has a 50 day moving average price of $11.47 and a 200-day moving average price of $11.56.

Hedge funds have recently modified their holdings of the company. Stilwell Value LLC boosted its stake in shares of HopFed Bancorp by 0.8% in the second quarter. Stilwell Value LLC now owns 637,128 shares of the company’s stock valued at $7,384,000 after buying an additional 5,000 shares during the period. Deprince Race & Zollo Inc. boosted its stake in shares of HopFed Bancorp by 3.5% in the second quarter. Deprince Race & Zollo Inc. now owns 481,546 shares of the company’s stock valued at $5,581,000 after buying an additional 16,250 shares during the period. Timber Hill LLC acquired a new stake in shares of HopFed Bancorp during the third quarter valued at $203,000. Finally, Alpine Woods Capital Investors LLC acquired a new stake in shares of HopFed Bancorp during the third quarter valued at $190,000. Institutional investors and hedge funds own 43.69% of the company’s stock.

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