Columbia Partners L L C Investment Management increased its position in shares of Home Bancshares, Inc. (Conway, AR) (NASDAQ:HOMB) by 367.5% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 71,133 shares of the financial services provider’s stock after acquiring an additional 55,919 shares during the quarter. Columbia Partners L L C Investment Management’s holdings in Home Bancshares, Inc. (Conway, AR) were worth $1,793,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Alps Advisors Inc. boosted its position in Home Bancshares, Inc. (Conway, AR) by 0.3% during the second quarter. Alps Advisors Inc. now owns 17,068 shares of the financial services provider’s stock worth $425,000 after acquiring an additional 44 shares during the last quarter. M&T Bank Corp boosted its holdings in shares of Home Bancshares, Inc. (Conway, AR) by 0.4% in the 2nd quarter. M&T Bank Corp now owns 12,066 shares of the financial services provider’s stock valued at $300,000 after purchasing an additional 48 shares during the last quarter. Pacer Advisors Inc. boosted its holdings in shares of Home Bancshares, Inc. (Conway, AR) by 0.6% in the 2nd quarter. Pacer Advisors Inc. now owns 17,158 shares of the financial services provider’s stock valued at $427,000 after purchasing an additional 100 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank boosted its holdings in shares of Home Bancshares, Inc. (Conway, AR) by 8.5% in the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 4,812 shares of the financial services provider’s stock valued at $120,000 after purchasing an additional 379 shares during the last quarter. Finally, Advisor Group Inc. boosted its holdings in shares of Home Bancshares, Inc. (Conway, AR) by 11.7% in the 2nd quarter. Advisor Group Inc. now owns 5,288 shares of the financial services provider’s stock valued at $132,000 after purchasing an additional 554 shares during the last quarter. Hedge funds and other institutional investors own 51.18% of the company’s stock.

In other Home Bancshares, Inc. (Conway, AR) news, Director Jim Rankin bought 1,337 shares of the company’s stock in a transaction that occurred on Friday, November 10th. The shares were acquired at an average cost of $21.45 per share, for a total transaction of $28,678.65. The purchase was disclosed in a legal filing with the SEC, which is available through this link. 11.27% of the stock is owned by insiders.

Home Bancshares, Inc. (HOMB) traded up $0.18 during midday trading on Friday, hitting $21.91. 518,267 shares of the company were exchanged, compared to its average volume of 870,195. The company has a debt-to-equity ratio of 0.64, a current ratio of 1.01 and a quick ratio of 1.01. Home Bancshares, Inc. has a twelve month low of $20.82 and a twelve month high of $29.69. The company has a market cap of $3,770.00, a P/E ratio of 16.01 and a beta of 1.18.

Home Bancshares, Inc. (Conway, AR) (NASDAQ:HOMB) last released its earnings results on Thursday, October 19th. The financial services provider reported $0.32 EPS for the quarter, missing analysts’ consensus estimates of $0.34 by ($0.02). Home Bancshares, Inc. (Conway, AR) had a return on equity of 3.23% and a net margin of 11.56%. The business had revenue of $128.23 million during the quarter, compared to the consensus estimate of $135.55 million. During the same quarter in the previous year, the firm earned $0.33 earnings per share. analysts forecast that Home Bancshares, Inc. will post 1.36 EPS for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, December 6th. Investors of record on Wednesday, November 15th will be issued a $0.11 dividend. The ex-dividend date of this dividend is Tuesday, November 14th. This represents a $0.44 dividend on an annualized basis and a dividend yield of 2.01%. Home Bancshares, Inc. (Conway, AR)’s payout ratio is currently 39.29%.

A number of brokerages have weighed in on HOMB. Zacks Investment Research upgraded shares of Home Bancshares, Inc. (Conway, AR) from a “hold” rating to a “buy” rating and set a $28.00 price target on the stock in a report on Tuesday, July 25th. Piper Jaffray Companies reissued a “neutral” rating and issued a $27.00 target price on shares of Home Bancshares, Inc. (Conway, AR) in a research note on Thursday, October 5th. Sandler O’Neill downgraded shares of Home Bancshares, Inc. (Conway, AR) from a “buy” rating to a “hold” rating and set a $27.00 price target on the stock. in a research note on Friday, October 20th. Keefe, Bruyette & Woods reaffirmed a “buy” rating and set a $30.00 price target on shares of Home Bancshares, Inc. (Conway, AR) in a research note on Friday, July 21st. Finally, Royal Bank Of Canada reaffirmed a “hold” rating and set a $28.00 price target on shares of Home Bancshares, Inc. (Conway, AR) in a research note on Friday, October 20th. Two analysts have rated the stock with a sell rating, six have given a hold rating and two have issued a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average price target of $27.79.

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Home Bancshares, Inc. (Conway, AR) Profile

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).

Institutional Ownership by Quarter for Home Bancshares, Inc. (Conway, AR) (NASDAQ:HOMB)

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