National Investment Services Inc. WI raised its position in shares of Home BancShares, Inc. (NASDAQ:HOMB) by 70.7% in the fourth quarter, HoldingsChannel reports. The firm owned 20,795 shares of the financial services provider’s stock after acquiring an additional 8,616 shares during the quarter. National Investment Services Inc. WI’s holdings in Home BancShares were worth $483,000 as of its most recent SEC filing.

A number of other large investors have also recently added to or reduced their stakes in the business. Sterling Capital Management LLC increased its stake in Home BancShares by 15.8% during the 3rd quarter. Sterling Capital Management LLC now owns 78,148 shares of the financial services provider’s stock valued at $1,971,000 after purchasing an additional 10,659 shares in the last quarter. Wolverine Trading LLC bought a new stake in Home BancShares during the 3rd quarter valued at about $276,000. California Public Employees Retirement System increased its stake in Home BancShares by 49.7% during the 3rd quarter. California Public Employees Retirement System now owns 302,380 shares of the financial services provider’s stock valued at $7,626,000 after purchasing an additional 100,380 shares in the last quarter. Ladenburg Thalmann Financial Services Inc. increased its stake in Home BancShares by 71.2% during the 3rd quarter. Ladenburg Thalmann Financial Services Inc. now owns 10,301 shares of the financial services provider’s stock valued at $260,000 after purchasing an additional 4,283 shares in the last quarter. Finally, Cubist Systematic Strategies LLC bought a new stake in Home BancShares during the 3rd quarter valued at about $201,000. Institutional investors and hedge funds own 63.46% of the company’s stock.

Shares of Home BancShares, Inc. (NASDAQ:HOMB) traded up $0.39 during midday trading on Thursday, hitting $24.24. 718,900 shares of the stock were exchanged, compared to its average volume of 914,286. The company has a debt-to-equity ratio of 0.64, a quick ratio of 1.01 and a current ratio of 1.01. The stock has a market cap of $4,260.00, a P/E ratio of 21.64 and a beta of 1.18. Home BancShares, Inc. has a 12-month low of $20.82 and a 12-month high of $29.69.

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

A number of analysts have weighed in on the stock. Piper Jaffray Companies restated a “neutral” rating and set a $27.00 price objective on shares of Home BancShares in a research note on Thursday, October 5th. Sandler O’Neill lowered shares of Home BancShares from a “buy” rating to a “hold” rating and set a $27.00 price objective for the company. in a research note on Friday, October 20th. Royal Bank of Canada restated a “hold” rating and set a $28.00 price objective on shares of Home BancShares in a research note on Friday, October 20th. BidaskClub upgraded shares of Home BancShares from a “sell” rating to a “hold” rating in a research note on Wednesday, December 20th. Finally, Keefe, Bruyette & Woods restated a “buy” rating and set a $30.00 price objective on shares of Home BancShares in a research note on Friday, December 22nd. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and three have given a buy rating to the company’s stock. Home BancShares has an average rating of “Hold” and a consensus price target of $27.50.

In related news, Director Jim Rankin purchased 1,337 shares of the company’s stock in a transaction dated Friday, November 10th. The shares were purchased at an average price of $21.45 per share, with a total value of $28,678.65. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Company insiders own 11.27% of the company’s stock.

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Home BancShares Company Profile

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).

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

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