Home Federal Bancorp, Inc. of Louisiana (NASDAQ:HFBL) Share Price Crosses Above 200-Day Moving Average – Here’s What Happened

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 $13.47 and traded as high as $14.86. Home Federal Bancorp, Inc. of Louisiana shares last traded at $14.60, with a volume of 6,119 shares traded.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reiterated a “hold (c)” rating on shares of Home Federal Bancorp, Inc. of Louisiana in a report on Tuesday, October 14th. One equities research analyst has rated the stock with a Hold rating, According to data from MarketBeat, the company presently has an average rating of “Hold”.

Home Federal Bancorp, Inc. of Louisiana Trading Up 3.2%

The stock has a 50 day simple moving average of $13.69 and a 200-day simple moving average of $13.47. The firm has a market capitalization of $44.82 million, a P/E ratio of 9.93 and a beta of 0.38. The company has a current ratio of 0.88, a quick ratio of 0.87 and a debt-to-equity ratio of 0.07.

Home Federal Bancorp, Inc. of Louisiana (NASDAQ:HFBL) last released its quarterly earnings results on Thursday, October 23rd. The bank reported $0.52 earnings per share (EPS) for the quarter. The business had revenue of $5.91 million during the quarter. Home Federal Bancorp, Inc. of Louisiana had a return on equity of 8.33% and a net margin of 13.75%.

Home Federal Bancorp, Inc. of Louisiana Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, November 10th. Shareholders of record on Monday, October 27th will be paid a dividend of $0.135 per share. This represents a $0.54 dividend on an annualized basis and a dividend yield of 3.7%. The ex-dividend date is Monday, October 27th. Home Federal Bancorp, Inc. of Louisiana’s payout ratio is currently 42.86%.

Insider Activity

In other Home Federal Bancorp, Inc. of Louisiana news, Director Thomas Steen Trawick, Jr. sold 8,200 shares of the business’s stock in a transaction dated Wednesday, September 17th. The stock was sold at an average price of $13.50, for a total transaction of $110,700.00. Following the completion of the sale, the director directly owned 14,558 shares in the company, valued at $196,533. The trade was a 36.03% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 19.40% of the stock is currently owned by corporate insiders.

About Home Federal Bancorp, Inc. of Louisiana

Home Federal Bancorp, Inc of Louisiana operates as the holding company for Home Federal Bank that provides various financial services to individuals, corporate entities, and other organizations. The company accepts various deposits, such as passbook savings, certificates of deposit, and demand deposit accounts.