StockNews.com Begins Coverage on HarborOne Bancorp (NASDAQ:HONE)

Equities researchers at StockNews.com started coverage on shares of HarborOne Bancorp (NASDAQ:HONE - Get Free Report) in a report released on Thursday. The firm set a "hold" rating on the financial services provider's stock.Get HarborOne Bancorp alerts:A number of other equities research analysts have also recently commented on HONE. Janney Montgomery Scott reiterated a "neutral" rating on shares of HarborOne Bancorp in a research report on Tuesday, April 29th. Seaport Res Ptn raised shares of HarborOne Bancorp from a "hold" rating to a "strong-buy" rating in a research note on Friday, April 25th.View Our Latest Report on HarborOne BancorpHarborOne Bancorp Stock PerformanceHONE opened at $11.32 on Thursday. The company has a quick ratio of 1.11, a current ratio of 1.12 and a debt-to-equity ratio of 0.92. The company has a market cap of $487.79 million, a price-to-earnings ratio of 17.15 and a beta of 0.60. HarborOne Bancorp has a 52-week low of $8.89 and a 52-week high of $14.00. The firm's fifty day simple moving average is $10.56 and its two-hundred day simple moving average is $11.58. HarborOne Bancorp (NASDAQ:HONE - Get Free Report) last issued its quarterly earnings results on Thursday, April 24th. The financial services provider reported $0.14 EPS for the quarter, missing the consensus estimate of $0.17 by ($0.03). The firm had revenue of $41.36 million for the quarter, compared to analysts' expectations of $36.01 million. HarborOne Bancorp had a return on equity of 4.63% and a net margin of 8.61%. Equities analysts anticipate that HarborOne Bancorp will post 0.83 earnings per share for the current fiscal year. Hedge Funds Weigh In On HarborOne BancorpA number of hedge funds have recently made changes to their positions in HONE. T. Rowe Price Investment Management Inc. boosted its holdings in HarborOne Bancorp by 2.4% in the fourth quarter. T. Rowe Price Investment Management Inc. now owns 5,693,131 shares of the financial services provider's stock valued at $67,350,000 after purchasing an additional 131,602 shares during the period. Dimensional Fund Advisors LP grew its position in shares of HarborOne Bancorp by 1.9% during the fourth quarter. Dimensional Fund Advisors LP now owns 2,592,784 shares of the financial services provider's stock worth $30,673,000 after buying an additional 47,592 shares in the last quarter. Vanguard Group Inc. grew its position in shares of HarborOne Bancorp by 3.5% during the fourth quarter. Vanguard Group Inc. now owns 2,247,931 shares of the financial services provider's stock worth $26,593,000 after buying an additional 75,328 shares in the last quarter. Millennium Management LLC grew its position in shares of HarborOne Bancorp by 70.5% during the first quarter. Millennium Management LLC now owns 463,597 shares of the financial services provider's stock worth $4,808,000 after buying an additional 191,719 shares in the last quarter. Finally, Northern Trust Corp grew its position in shares of HarborOne Bancorp by 5.7% during the fourth quarter. Northern Trust Corp now owns 364,935 shares of the financial services provider's stock worth $4,317,000 after buying an additional 19,600 shares in the last quarter. Hedge funds and other institutional investors own 65.01% of the company's stock. About HarborOne Bancorp (Get Free Report)HarborOne Bancorp, Inc operates as the holding company for HarborOne Bank that provides financial services to individuals, families, small and mid-size businesses, and municipalities. The company operates in two segments, HarborOne Bank and HarborOne Mortgage. Its primary deposit products include checking, money market, savings, and term certificate of deposit accounts; and primary lending products comprise commercial real estate, commercial, residential mortgages, home equity, and consumer loans.Featured ArticlesFive stocks we like better than HarborOne BancorpDo Real Estate Investment Trusts Deserve a Place in Your Portfolio?$30B AI Opportunity: Will It Power Meta’s Next Surge?How to Use the MarketBeat Stock Screener Microsoft Could Rally as EU Antitrust Case Nears ResolutionBank Stocks - Best Bank Stocks to Invest InIntel Refocuses: NEX Sale and Foundry Pivot Signal New EraThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in HarborOne Bancorp Right Now?Before you consider HarborOne Bancorp, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and HarborOne Bancorp wasn't on the list.While HarborOne Bancorp currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here