Swiss National Bank Sells 1,800 Shares of Home Bancshares, Inc. (Conway, AR) (NYSE:HOMB)

Swiss National Bank cut its holdings in shares of Home Bancshares, Inc. (Conway, AR) (NYSE:HOMBGet Rating) by 0.5% during the 2nd quarter, HoldingsChannel reports. The institutional investor owned 366,307 shares of the financial services provider’s stock after selling 1,800 shares during the period. Swiss National Bank’s holdings in Home Bancshares, Inc. (Conway, AR) were worth $7,608,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. MCF Advisors LLC bought a new stake in Home Bancshares, Inc. (Conway, AR) during the 1st quarter worth about $68,000. First Horizon Advisors Inc. raised its holdings in shares of Home Bancshares, Inc. (Conway, AR) by 1,295.4% in the 2nd quarter. First Horizon Advisors Inc. now owns 5,135 shares of the financial services provider’s stock valued at $107,000 after purchasing an additional 4,767 shares during the period. Corsicana & Co. bought a new stake in shares of Home Bancshares, Inc. (Conway, AR) in the 2nd quarter valued at about $159,000. Insight Wealth Partners LLC bought a new stake in shares of Home Bancshares, Inc. (Conway, AR) in the 2nd quarter valued at about $225,000. Finally, Jane Street Group LLC bought a new stake in shares of Home Bancshares, Inc. (Conway, AR) in the 1st quarter valued at about $299,000. 59.78% of the stock is owned by institutional investors.

Insider Activity at Home Bancshares, Inc. (Conway, AR)

In related news, Director Alex R. Lieblong purchased 10,000 shares of the firm’s stock in a transaction that occurred on Friday, August 26th. The shares were acquired at an average price of $24.21 per share, for a total transaction of $242,100.00. Following the purchase, the director now owns 50,000 shares in the company, valued at $1,210,500. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. In other Home Bancshares, Inc. (Conway, AR) news, Director Alex R. Lieblong bought 10,000 shares of the firm’s stock in a transaction on Friday, August 26th. The shares were purchased at an average price of $24.21 per share, for a total transaction of $242,100.00. Following the transaction, the director now directly owns 50,000 shares in the company, valued at approximately $1,210,500. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, CFO Brian Davis sold 6,784 shares of the stock in a transaction that occurred on Monday, October 31st. The stock was sold at an average price of $25.37, for a total transaction of $172,110.08. Following the transaction, the chief financial officer now owns 71,659 shares in the company, valued at approximately $1,817,988.83. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 133,164 shares of company stock worth $3,332,885. Insiders own 9.11% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on the stock. StockNews.com assumed coverage on shares of Home Bancshares, Inc. (Conway, AR) in a report on Wednesday, October 12th. They issued a “hold” rating on the stock. TheStreet raised shares of Home Bancshares, Inc. (Conway, AR) from a “c+” rating to a “b” rating in a report on Tuesday, August 16th.

Home Bancshares, Inc. (Conway, AR) Stock Up 0.5 %

Shares of HOMB opened at $25.17 on Wednesday. Home Bancshares, Inc. has a 52 week low of $19.83 and a 52 week high of $26.28. The firm has a market cap of $5.13 billion, a P/E ratio of 17.24 and a beta of 1.19. The firm’s 50-day simple moving average is $24.30 and its 200 day simple moving average is $23.03. The company has a debt-to-equity ratio of 0.24, a quick ratio of 0.81 and a current ratio of 0.81.

Home Bancshares, Inc. (Conway, AR) Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, December 7th. Investors of record on Wednesday, November 16th will be paid a $0.165 dividend. The ex-dividend date is Tuesday, November 15th. This represents a $0.66 dividend on an annualized basis and a yield of 2.62%. Home Bancshares, Inc. (Conway, AR)’s dividend payout ratio (DPR) is currently 45.21%.

Home Bancshares, Inc. (Conway, AR) Company Profile

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Home Bancshares, Inc (Conway, AR) operates as the bank holding company for Centennial Bank that provides commercial and retail banking, and related financial services to businesses, real estate developers and investors, individuals, and municipalities. Its deposit products include checking, savings, and money market accounts, as well as certificates of deposit.

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

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