HopFed Bancorp, Inc (NASDAQ:HFBC) reached a new 52-week high during mid-day trading on Thursday . The stock traded as high as $19.88 and last traded at $19.72, with a volume of 19172 shares. The stock had previously closed at $19.81.

HFBC has been the subject of several analyst reports. Zacks Investment Research upgraded shares of HopFed Bancorp from a “hold” rating to a “buy” rating and set a $22.00 target price for the company in a report on Wednesday, February 6th. ValuEngine upgraded shares of HopFed Bancorp from a “hold” rating to a “buy” rating in a report on Wednesday, January 9th.

The firm has a market capitalization of $131.12 million, a PE ratio of 21.67 and a beta of 0.99. The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.90 and a current ratio of 0.91.

HopFed Bancorp (NASDAQ:HFBC) last released its earnings results on Thursday, January 31st. The savings and loans company reported $0.26 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.21 by $0.05. The firm had revenue of $8.79 million during the quarter, compared to analyst estimates of $9.00 million. HopFed Bancorp had a net margin of 12.73% and a return on equity of 6.51%. As a group, equities analysts forecast that HopFed Bancorp, Inc will post 0.88 earnings per share for the current year.

The company also recently announced a quarterly dividend, which was paid on Wednesday, January 23rd. Stockholders of record on Monday, December 31st were issued a $0.07 dividend. The ex-dividend date was Friday, December 28th. This represents a $0.28 annualized dividend and a dividend yield of 1.42%. HopFed Bancorp’s dividend payout ratio (DPR) is presently 30.77%.

A hedge fund recently raised its stake in HopFed Bancorp stock. Beese Fulmer Investment Management Inc. lifted its position in HopFed Bancorp, Inc (NASDAQ:HFBC) by 23.3% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 19,799 shares of the savings and loans company’s stock after acquiring an additional 3,735 shares during the quarter. Beese Fulmer Investment Management Inc. owned 0.30% of HopFed Bancorp worth $263,000 at the end of the most recent reporting period. Institutional investors own 46.13% of the company’s stock.

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HopFed Bancorp Company Profile (NASDAQ:HFBC)

HopFed Bancorp, Inc operates as the bank holding company for Heritage Bank USA, Inc that provides various banking products and services. The company accepts various deposit products, including money market accounts, passbook savings accounts, individual retirement accounts, certificates of deposit, and time deposits, as well as non-interest bearing, savings, and interest bearing checking accounts.

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