Home BancShares, Inc. (NASDAQ:HOMB) Director Jim Rankin acquired 1,500 shares of the firm’s stock in a transaction on Wednesday, November 8th. The shares were bought at an average cost of $21.29 per share, for a total transaction of $31,935.00. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Jim Rankin also recently made the following trade(s):

  • On Friday, November 10th, Jim Rankin acquired 1,337 shares of Home BancShares stock. The shares were bought at an average cost of $21.45 per share, for a total transaction of $28,678.65.

Shares of Home BancShares, Inc. (NASDAQ:HOMB) traded down $0.02 on Monday, hitting $21.39. The stock had a trading volume of 846,400 shares, compared to its average volume of 874,762. Home BancShares, Inc. has a fifty-two week low of $20.82 and a fifty-two week high of $29.69. The company has a quick ratio of 1.01, a current ratio of 1.01 and a debt-to-equity ratio of 0.64. The firm has a market cap of $3,714.24, a P/E ratio of 15.84 and a beta of 1.17.

Home BancShares (NASDAQ:HOMB) last posted its quarterly earnings data on Thursday, October 19th. The financial services provider reported $0.32 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.34 by ($0.02). Home BancShares had a return on equity of 12.00% and a net margin of 28.19%. The firm had revenue of $128.23 million for the quarter, compared to analyst estimates of $135.55 million. During the same period in the prior year, the company posted $0.33 EPS. sell-side analysts anticipate that Home BancShares, Inc. will post 1.36 EPS for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 6th. Shareholders of record on Wednesday, November 15th will be issued a dividend of $0.11 per share. This represents a $0.44 annualized dividend and a yield of 2.06%. The ex-dividend date of this dividend is Tuesday, November 14th. Home BancShares’s dividend payout ratio is 38.94%.

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A number of equities research analysts have weighed in on HOMB shares. Zacks Investment Research downgraded Home BancShares from a “buy” rating to a “hold” rating in a report on Wednesday, July 26th. Stephens reaffirmed an “overweight” rating and set a $28.00 price objective (down from $29.00) on shares of Home BancShares in a report on Tuesday, September 12th. Sandler O’Neill downgraded Home BancShares from a “buy” rating to a “hold” rating and set a $27.00 price objective on the stock. in a report on Friday, October 20th. Royal Bank Of Canada reaffirmed a “hold” rating and set a $28.00 price objective on shares of Home BancShares in a report on Friday, October 20th. Finally, Keefe, Bruyette & Woods reaffirmed a “buy” rating and set a $30.00 price objective on shares of Home BancShares in a report on Friday, July 21st. Two research analysts have rated the stock with a sell rating, six have issued a hold rating and two have assigned a buy rating to the stock. The company presently has an average rating of “Hold” and an average target price of $27.79.

A number of large investors have recently bought and sold shares of HOMB. First Bank & Trust acquired a new position in Home BancShares during the 3rd quarter worth $117,000. Oregon Public Employees Retirement Fund acquired a new position in Home BancShares during the 2nd quarter worth $119,000. Zurcher Kantonalbank Zurich Cantonalbank lifted its holdings in Home BancShares by 8.5% during the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 4,812 shares of the financial services provider’s stock worth $120,000 after buying an additional 379 shares in the last quarter. Advisor Group Inc. lifted its holdings in Home BancShares by 11.7% during the 2nd quarter. Advisor Group Inc. now owns 5,288 shares of the financial services provider’s stock worth $132,000 after buying an additional 554 shares in the last quarter. Finally, Sei Investments Co. lifted its holdings in Home BancShares by 144.7% during the 3rd quarter. Sei Investments Co. now owns 7,039 shares of the financial services provider’s stock worth $177,000 after buying an additional 4,163 shares in the last quarter. 51.18% of the stock is currently owned by hedge funds and other institutional investors.

About Home BancShares

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).

Insider Buying and Selling by Quarter for Home BancShares (NASDAQ:HOMB)

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