HopFed Bancorp, Inc (HFBC) Given Consensus Rating of “Hold” by Analysts

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Shares of HopFed Bancorp, Inc (NASDAQ:HFBC) have earned a consensus broker rating score of 3.00 (Hold) from the one analysts that cover the stock, Zacks Investment Research reports. One research analyst has rated the stock with a hold recommendation.

Zacks has also given HopFed Bancorp an industry rank of 80 out of 256 based on the ratings given to related companies.

A number of equities analysts have recently issued reports on HFBC shares. Zacks Investment Research upgraded shares of HopFed Bancorp from a “sell” rating to a “hold” rating in a report on Friday, January 4th. ValuEngine upgraded shares of HopFed Bancorp from a “hold” rating to a “buy” rating in a report on Wednesday, January 9th.

A number of large investors have recently bought and sold shares of the business. GABELLI & Co INVESTMENT ADVISERS INC. purchased a new position in HopFed Bancorp during the 1st quarter valued at about $3,187,000. Gabelli Funds LLC purchased a new position in HopFed Bancorp during the 1st quarter valued at about $2,360,000. Dimensional Fund Advisors LP increased its holdings in HopFed Bancorp by 3.6% during the 4th quarter. Dimensional Fund Advisors LP now owns 251,188 shares of the savings and loans company’s stock valued at $3,338,000 after acquiring an additional 8,751 shares in the last quarter. Finally, Beese Fulmer Investment Management Inc. increased its holdings in HopFed Bancorp by 23.3% during the 4th quarter. Beese Fulmer Investment Management Inc. now owns 19,799 shares of the savings and loans company’s stock valued at $263,000 after acquiring an additional 3,735 shares in the last quarter. Hedge funds and other institutional investors own 47.02% of the company’s stock.

Shares of HFBC traded up $0.10 during trading hours on Friday, reaching $19.55. The company had a trading volume of 1,875 shares, compared to its average volume of 1,361. The company has a quick ratio of 0.90, a current ratio of 0.90 and a debt-to-equity ratio of 0.48. The company has a market capitalization of $129.92 million, a PE ratio of 21.48 and a beta of 0.97. HopFed Bancorp has a 12-month low of $13.03 and a 12-month high of $20.36.

HopFed Bancorp (NASDAQ:HFBC) last announced its quarterly earnings results on Thursday, January 31st. The savings and loans company reported $0.26 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.21 by $0.05. The business had revenue of $8.79 million during the quarter, compared to the consensus estimate of $9.00 million. HopFed Bancorp had a net margin of 12.73% and a return on equity of 6.44%.

About HopFed Bancorp

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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