Home Federal Bancorp, Inc. of Louisiana (NASDAQ:HFBL) Stock Price Crosses Above 200 Day Moving Average – Time to Sell?

Shares of Home Federal Bancorp, Inc. of Louisiana (NASDAQ:HFBL) crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $19.55 and traded as high as $23.50. Home Federal Bancorp, Inc. of Louisiana shares last traded at $23.50, with a volume of 429 shares traded.

Analysts Set New Price Targets

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

Home Federal Bancorp, Inc. of Louisiana Price Performance

The business has a 50-day moving average of $21.37 and a two-hundred day moving average of $19.58. The company has a current ratio of 0.89, a quick ratio of 0.88 and a debt-to-equity ratio of 0.10. The firm has a market cap of $71.67 million, a P/E ratio of 11.75 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 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 firm had revenue of $6.51 million during the quarter.

Home Federal Bancorp, Inc. of Louisiana Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, August 10th. Investors of record on Monday, July 27th will be issued a $0.15 dividend. This is a boost from Home Federal Bancorp, Inc. of Louisiana’s previous quarterly dividend of $0.14. The ex-dividend date is Monday, July 27th. This represents a $0.60 dividend on an annualized basis and a yield of 2.6%. Home Federal Bancorp, Inc. of Louisiana’s dividend payout ratio (DPR) is 30.00%.

Institutional Investors Weigh In On Home Federal Bancorp, Inc. of Louisiana

A hedge fund recently bought a new stake in Home Federal Bancorp, Inc. of Louisiana stock. BlackRock Inc. purchased a new stake in Home Federal Bancorp, Inc. of Louisiana (NASDAQ:HFBL) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 7,059 shares of the bank’s stock, valued at approximately $148,000. BlackRock Inc. owned 0.23% of Home Federal Bancorp, Inc. of Louisiana as of its most recent filing with the Securities and Exchange Commission. Hedge funds and other institutional investors own 21.12% of the company’s stock.

About Home Federal Bancorp, Inc. of Louisiana

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.