Home Federal Bancorp, Inc. of Louisiana (NASDAQ:HFBL) Share Price Passes Above 200 Day Moving Average – Should You Sell?

Home Federal Bancorp, Inc. of Louisiana (NASDAQ:HFBL)’s share price crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $20.40 and traded as high as $25.03. Home Federal Bancorp, Inc. of Louisiana shares last traded at $25.03, with a volume of 449 shares.

Wall Street Analysts Forecast Growth

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

Home Federal Bancorp, Inc. of Louisiana Price Performance

The company has a quick ratio of 0.88, a current ratio of 0.89 and a debt-to-equity ratio of 0.10. The business has a 50-day simple moving average of $23.33 and a two-hundred day simple moving average of $20.44. The stock has a market capitalization of $79.30 million, a price-to-earnings ratio of 13.00 and a beta of 0.39.

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

Home Federal Bancorp, Inc. of Louisiana Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, August 10th. Shareholders of record on Monday, July 27th were issued a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 2.3%. This is a boost from Home Federal Bancorp, Inc. of Louisiana’s previous quarterly dividend of $0.14. The ex-dividend date was Monday, July 27th. Home Federal Bancorp, Inc. of Louisiana’s dividend payout ratio is 30.00%.

Hedge Funds Weigh In On 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 stake in Home Federal Bancorp, Inc. of Louisiana (NASDAQ:HFBL) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund 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 as of its most recent SEC filing. 21.12% of the stock is owned by hedge funds and other institutional investors.

About Home Federal Bancorp, Inc. of Louisiana

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.