HopFed Bancorp Inc. (NASDAQ:HFBC) has earned a consensus broker rating score of 3.00 (Hold) from the two brokers that provide coverage for the stock, Zacks Investment Research reports. Two investment analysts have rated the stock with a hold recommendation.
Zacks has also assigned HopFed Bancorp an industry rank of 103 out of 265 based on the ratings given to related companies.
A number of equities research analysts have recently weighed in on HFBC shares. Zacks Investment Research upgraded shares of HopFed Bancorp from a “hold” rating to a “buy” rating and set a $13.00 price target on the stock in a research note on Monday, July 4th. TheStreet downgraded shares of HopFed Bancorp from a “buy” rating to a “hold” rating in a research note on Thursday, July 21st.
A hedge fund recently raised its stake in HopFed Bancorp stock. Stilwell Value LLC increased its position in shares of HopFed Bancorp Inc. (NASDAQ:HFBC) by 1.4% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 632,128 shares of the company’s stock after buying an additional 8,461 shares during the period. HopFed Bancorp accounts for about 4.9% of Stilwell Value LLC’s holdings, making the stock its 5th largest position. Stilwell Value LLC owned 9.99% of HopFed Bancorp worth $7,238,000 at the end of the most recent quarter. Hedge funds and other institutional investors own 43.10% of the company’s stock.
Shares of HopFed Bancorp (NASDAQ:HFBC) remained flat at $11.17 during mid-day trading on Tuesday. The company’s stock had a trading volume of 128 shares. HopFed Bancorp has a one year low of $10.82 and a one year high of $12.52. The stock’s 50 day moving average price is $11.34 and its 200-day moving average price is $11.51. The company has a market capitalization of $69.61 million, a P/E ratio of 35.02 and a beta of 0.45.
HopFed Bancorp (NASDAQ:HFBC) last announced its quarterly earnings data on Friday, July 29th. The company reported $0.05 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.11 by $0.06. HopFed Bancorp had a return on equity of 2.24% and a net margin of 5.00%. On average, equities research analysts forecast that HopFed Bancorp will post $0.33 earnings per share for the current year.
The business 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. The ex-dividend date is Thursday, September 29th. This represents a $0.16 dividend on an annualized basis and a dividend yield of 1.43%. HopFed Bancorp’s payout ratio is currently 51.61%.
About HopFed Bancorp
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.