HopFed Bancorp (NASDAQ:HFBC) was upgraded by ValuEngine from a “hold” rating to a “buy” rating in a research report issued to clients and investors on Friday.

Separately, Zacks Investment Research cut HopFed Bancorp from a “hold” rating to a “sell” rating in a research note on Wednesday, August 1st.

Shares of NASDAQ HFBC opened at $17.75 on Friday. HopFed Bancorp has a twelve month low of $13.63 and a twelve month high of $17.75. The company has a quick ratio of 0.90, a current ratio of 0.90 and a debt-to-equity ratio of 0.55. The firm has a market capitalization of $118.03 million, a PE ratio of 23.36 and a beta of 0.21.

HopFed Bancorp (NASDAQ:HFBC) last issued its quarterly earnings data on Friday, July 27th. The savings and loans company reported $0.28 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.24 by $0.04. HopFed Bancorp had a return on equity of 6.18% and a net margin of 10.30%. The business had revenue of $9.64 million during the quarter, compared to analysts’ expectations of $9.10 million. research analysts anticipate that HopFed Bancorp will post 0.87 EPS for the current year.

Several hedge funds and other institutional investors have recently modified their holdings of HFBC. Western Standard LLC boosted its holdings in HopFed Bancorp by 4.4% in the second quarter. Western Standard LLC now owns 91,723 shares of the savings and loans company’s stock valued at $1,521,000 after purchasing an additional 3,863 shares during the period. EJF Capital LLC purchased a new position in HopFed Bancorp in the first quarter valued at $7,881,000. Dimensional Fund Advisors LP boosted its holdings in HopFed Bancorp by 1.8% in the first quarter. Dimensional Fund Advisors LP now owns 243,711 shares of the savings and loans company’s stock valued at $3,534,000 after purchasing an additional 4,400 shares during the period. Deutsche Bank AG purchased a new position in HopFed Bancorp in the fourth quarter valued at $124,000. Finally, Renaissance Technologies LLC purchased a new position in HopFed Bancorp in the fourth quarter valued at $141,000. 48.56% of the stock is owned by institutional investors and hedge funds.

HopFed Bancorp Company Profile

HopFed Bancorp, Inc operates as the bank holding company for Heritage Bank USA, Inc that provides various banking products and services. The company accepts various deposit products, including money market accounts, passbook savings accounts, individual retirement accounts, certificates of deposit, and time deposits, as well as non-interest bearing, savings, and interest bearing checking accounts.

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