Crossmark Global Holdings Inc. bought a new stake in Home BancShares, Inc. (NASDAQ:HOMB) in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 15,969 shares of the financial services provider’s stock, valued at approximately $403,000.

A number of other institutional investors have also recently bought and sold shares of HOMB. First Bank & Trust bought a new position in shares of Home BancShares during the third quarter worth about $117,000. Oregon Public Employees Retirement Fund bought a new position in shares of Home BancShares during the second quarter worth about $119,000. Zurcher Kantonalbank Zurich Cantonalbank raised its position in shares of Home BancShares by 8.5% during the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 4,812 shares of the financial services provider’s stock worth $120,000 after acquiring an additional 379 shares during the last quarter. Advisor Group Inc. raised its position in shares of Home BancShares by 11.7% during the second quarter. Advisor Group Inc. now owns 5,288 shares of the financial services provider’s stock worth $132,000 after acquiring an additional 554 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. bought a new position in shares of Home BancShares during the second quarter worth about $212,000. Hedge funds and other institutional investors own 54.95% of the company’s stock.

Home BancShares, Inc. (NASDAQ:HOMB) opened at $22.38 on Friday. Home BancShares, Inc. has a 1 year low of $20.82 and a 1 year high of $29.69. The stock has a market capitalization of $3,886.15, a PE ratio of 16.58 and a beta of 1.17. The company has a debt-to-equity ratio of 0.64, a quick ratio of 1.01 and a current ratio of 1.01.

Home BancShares (NASDAQ:HOMB) last released its earnings results on Thursday, October 19th. The financial services provider reported $0.32 EPS for the quarter, missing the consensus estimate of $0.34 by ($0.02). Home BancShares had a return on equity of 12.00% and a net margin of 28.19%. The business had revenue of $128.23 million for the quarter, compared to analyst estimates of $135.55 million. During the same period in the prior year, the business earned $0.33 EPS. research analysts predict that Home BancShares, Inc. will post 1.36 EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, December 6th. Investors of record on Wednesday, November 15th will be paid a dividend of $0.11 per share. The ex-dividend date of this dividend is Tuesday, November 14th. This represents a $0.44 annualized dividend and a yield of 1.97%. Home BancShares’s dividend payout ratio is currently 38.94%.

A number of equities analysts have recently issued reports on the company. Zacks Investment Research downgraded Home BancShares from a “hold” rating to a “sell” rating in a research report on Wednesday, September 20th. Sandler O’Neill downgraded Home BancShares from a “buy” rating to a “hold” rating and set a $27.00 price objective for the company. in a research report on Friday, October 20th. Piper Jaffray Companies set a $25.00 price objective on Home BancShares and gave the stock a “hold” rating in a research report on Tuesday, October 24th. Royal Bank Of Canada restated a “hold” rating and set a $28.00 price objective on shares of Home BancShares in a research report on Friday, October 20th. Finally, Stephens restated an “overweight” rating and set a $28.00 price objective (down from $29.00) on shares of Home BancShares in a research report on Tuesday, September 12th. Two analysts have rated the stock with a sell rating, six have given a hold rating and two have issued a buy rating to the company. The stock presently has an average rating of “Hold” and an average price target of $27.79.

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In other Home BancShares news, Director Jim Rankin bought 1,337 shares of the firm’s stock in a transaction that occurred on Friday, November 10th. The stock was acquired at an average price of $21.45 per share, with a total value of $28,678.65. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 11.27% of the company’s stock.

About Home BancShares

Home BancShares, Inc is a bank holding company. The Company is engaged in providing a range of commercial and retail banking, and related financial services to businesses, real estate developers and investors, individuals and municipalities through its community bank subsidiary, Centennial Bank (the Bank).

Institutional Ownership by Quarter for Home BancShares (NASDAQ:HOMB)

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