Home Federal Bancorp, Inc. of Louisiana (NASDAQ:HFBL) Share Price Crosses Above Two Hundred Day Moving Average – Here’s Why

Shares of Home Federal Bancorp, Inc. of Louisiana (NASDAQ:HFBL) passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $20.70 and traded as high as $25.99. Home Federal Bancorp, Inc. of Louisiana shares last traded at $25.00, with a volume of 1,051 shares changing hands.

Analyst Ratings Changes

Separately, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Home Federal Bancorp, Inc. of Louisiana in a research note on Monday, July 6th. One analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, Home Federal Bancorp, Inc. of Louisiana has an average rating of “Hold”.

Home Federal Bancorp, Inc. of Louisiana Stock Performance

The firm has a market cap of $76.25 million, a price-to-earnings ratio of 12.50 and a beta of 0.39. The stock has a 50-day moving average of $23.87 and a 200-day moving average of $20.70. The company has a debt-to-equity ratio of 0.10, a quick ratio of 0.88 and a current ratio of 0.89.

Home Federal Bancorp, Inc. of Louisiana (NASDAQ:HFBL) last released its earnings results on Thursday, July 30th. The bank reported $0.46 earnings per share for the quarter. Home Federal Bancorp, Inc. of Louisiana had a net margin of 17.56% and a return on equity of 10.75%. The business had revenue of $6.51 million during the quarter.

Home Federal Bancorp, Inc. of Louisiana Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, August 10th. Shareholders of record on Monday, July 27th were given a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 2.4%. This is a positive change from Home Federal Bancorp, Inc. of Louisiana’s previous quarterly dividend of $0.14. The ex-dividend date of this dividend was Monday, July 27th. Home Federal Bancorp, Inc. of Louisiana’s dividend payout ratio (DPR) is presently 30.00%.

Institutional Trading of Home Federal Bancorp, Inc. of Louisiana

A hedge fund recently bought a new stake in Home Federal Bancorp, Inc. of Louisiana stock. BlackRock Inc. bought a new position in shares of Home Federal Bancorp, Inc. of Louisiana (NASDAQ:HFBL) during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 7,059 shares of the bank’s stock, valued at approximately $148,000. BlackRock Inc. owned 0.23% of Home Federal Bancorp, Inc. of Louisiana at the end of the most recent quarter. 21.12% of the stock is owned by institutional investors and hedge funds.

Home Federal Bancorp, Inc. of Louisiana Company Profile

Home Federal Bancorp, Inc of Louisiana is a bank holding company headquartered in Louisiana. Through its subsidiary Home Federal Bank, F.A., the company delivers a full suite of retail and commercial banking products. Its deposit offerings include checking and savings accounts, certificates of deposit, money market accounts and online banking services designed to meet the needs of individuals and small businesses.

The company’s lending portfolio encompasses residential mortgage loans, commercial real estate financing, construction and development loans, and various consumer credit products.