Schwab Charles Investment Management Inc. Buys 65,703 Shares of HarborOne Bancorp Inc (HONE)

Schwab Charles Investment Management Inc. lifted its holdings in HarborOne Bancorp Inc (NASDAQ:HONE) by 163.8% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 105,803 shares of the financial services provider’s stock after purchasing an additional 65,703 shares during the period. Schwab Charles Investment Management Inc. owned about 0.32% of HarborOne Bancorp worth $1,991,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also made changes to their positions in the stock. Vanguard Group Inc. increased its stake in shares of HarborOne Bancorp by 1.5% in the 2nd quarter. Vanguard Group Inc. now owns 857,499 shares of the financial services provider’s stock valued at $17,115,000 after purchasing an additional 12,691 shares in the last quarter. Bank of New York Mellon Corp increased its stake in HarborOne Bancorp by 7.0% during the 3rd quarter. Bank of New York Mellon Corp now owns 65,634 shares of the financial services provider’s stock worth $1,235,000 after buying an additional 4,269 shares in the last quarter. TIAA CREF Investment Management LLC increased its stake in HarborOne Bancorp by 73.4% during the 2nd quarter. TIAA CREF Investment Management LLC now owns 37,819 shares of the financial services provider’s stock worth $755,000 after buying an additional 16,014 shares in the last quarter. Teachers Advisors LLC increased its stake in HarborOne Bancorp by 34.8% during the 2nd quarter. Teachers Advisors LLC now owns 23,150 shares of the financial services provider’s stock worth $462,000 after buying an additional 5,975 shares in the last quarter. Finally, Citadel Advisors LLC increased its stake in HarborOne Bancorp by 16.2% during the 2nd quarter. Citadel Advisors LLC now owns 17,954 shares of the financial services provider’s stock worth $358,000 after buying an additional 2,505 shares in the last quarter. Hedge funds and other institutional investors own 16.74% of the company’s stock.

Separately, BidaskClub upgraded HarborOne Bancorp from a “strong sell” rating to a “sell” rating in a research note on Tuesday, February 6th.

Shares of HarborOne Bancorp Inc (NASDAQ:HONE) traded up $0.13 during trading on Friday, hitting $18.36. The stock had a trading volume of 25,376 shares, compared to its average volume of 37,434. The firm has a market cap of $599.40, a PE ratio of 55.64 and a beta of -0.22. HarborOne Bancorp Inc has a fifty-two week low of $15.92 and a fifty-two week high of $22.29. The company has a current ratio of 1.14, a quick ratio of 1.09 and a debt-to-equity ratio of 0.78.

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About HarborOne Bancorp

HarborOne Bancorp, Inc is a mid-tier stock holding company. The Company’s principal subsidiary is HarborOne Bank (the Bank), a state chartered co-operative bank whose primary subsidiary is a residential mortgage company, Merrimack Mortgage Company, LLC (Merrimack Mortgage). The Company operates through two segments: HarborOne Bank and Merrimack Mortgage.

Institutional Ownership by Quarter for HarborOne Bancorp (NASDAQ:HONE)

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