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

Shares of Home Federal Bancorp, Inc. of Louisiana (NASDAQ:HFBL) crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $19.78 and traded as high as $23.98. Home Federal Bancorp, Inc. of Louisiana shares last traded at $23.98, with a volume of 456 shares changing hands.

Analyst Ratings Changes

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

Home Federal Bancorp, Inc. of Louisiana Trading Down 0.1%

The company has a debt-to-equity ratio of 0.10, a current ratio of 0.89 and a quick ratio of 0.88. The firm’s 50 day moving average price is $21.80 and its 200 day moving average price is $19.78. The stock has a market capitalization of $73.14 million, a P/E ratio of 11.99 and a beta of 0.38.

Home Federal Bancorp, Inc. of Louisiana (NASDAQ:HFBL) last posted 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 company had revenue of $6.51 million for the quarter.

Home Federal Bancorp, Inc. of Louisiana Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, August 10th. Investors of record on Monday, July 27th were issued a dividend of $0.15 per share. This is a boost from Home Federal Bancorp, Inc. of Louisiana’s previous quarterly dividend of $0.14. This represents a $0.60 dividend on an annualized basis and a dividend yield of 2.5%. The ex-dividend date was Monday, July 27th. Home Federal Bancorp, Inc. of Louisiana’s dividend payout ratio is currently 30.00%.

Institutional Trading of Home Federal Bancorp, Inc. of Louisiana

An institutional investor recently bought a new stake in Home Federal Bancorp, Inc. of Louisiana stock. BlackRock Inc. purchased a new stake in shares of Home Federal Bancorp, Inc. of Louisiana (NASDAQ:HFBL) in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 7,059 shares of the bank’s stock, valued at approximately $148,000. BlackRock Inc. owned approximately 0.23% of Home Federal Bancorp, Inc. of Louisiana at the end of the most recent reporting period. 21.12% of the stock is owned by institutional investors.

Home Federal Bancorp, Inc. of Louisiana Company Profile

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.