Home Bancshares, Inc.   Shares Acquired by Jane Street Group LLC

Home Bancshares, Inc. (Conway, AR) (NASDAQ:HOMB) Shares Acquired by Jane Street Group LLC

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Jane Street Group LLC lifted its holdings in shares of Home Bancshares, Inc. (Conway, AR) (NASDAQ:HOMB) by 36.6% during the 3rd quarter, Holdings Channel reports. The firm owned 48,967 shares of the financial services provider’s stock after buying an additional 13,124 shares during the period. Jane Street Group LLC’s holdings in Home Bancshares, Inc. (Conway, AR) were worth $742,000 as of its most recent SEC filing.Several other institutional investors and hedge funds have also modified their holdings of the company. Nuveen Asset Management LLC raised its holdings in Home Bancshares, Inc. (Conway, AR) by 17.3% in the second quarter. Nuveen Asset Management LLC now owns 717,800 shares of the financial services provider’s stock valued at $11,039,000 after acquiring an additional 105,732 shares in the last quarter. State Board of Administration of Florida Retirement System raised its holdings in Home Bancshares, Inc. (Conway, AR) by 40.8% in the second quarter. State Board of Administration of Florida Retirement System now owns 178,014 shares of the financial services provider’s stock valued at $2,738,000 after acquiring an additional 51,542 shares in the last quarter. Goldman Sachs Group Inc. raised its holdings in Home Bancshares, Inc. (Conway, AR) by 26.7% in the second quarter. Goldman Sachs Group Inc. now owns 2,519,937 shares of the financial services provider’s stock valued at $38,756,000 after acquiring an additional 530,841 shares in the last quarter. Principal Financial Group Inc. raised its holdings in Home Bancshares, Inc. (Conway, AR) by 2.7% in the second quarter. Principal Financial Group Inc. now owns 548,558 shares of the financial services provider’s stock valued at $8,436,000 after acquiring an additional 14,185 shares in the last quarter. Finally, Swiss National Bank raised its holdings in Home Bancshares, Inc. (Conway, AR) by 14.6% in the second quarter. Swiss National Bank now owns 352,207 shares of the financial services provider’s stock valued at $5,417,000 after acquiring an additional 44,800 shares in the last quarter. 60.37% of the stock is currently owned by institutional investors and hedge funds.

Several brokerages have commented on HOMB. BidaskClub upgraded shares of Home Bancshares, Inc. (Conway, AR) from a “hold” rating to a “buy” rating in a research note on Tuesday, November 3rd. TheStreet upgraded shares of Home Bancshares, Inc. (Conway, AR) from a “c+” rating to a “b-” rating in a research report on Thursday, November 19th. ValuEngine downgraded Home Bancshares, Inc. (Conway, AR) from a “sell” rating to a “strong sell” rating in a report on Tuesday, December 1st. Finally, Zacks Investment Research raised Home Bancshares, Inc. (Conway, AR) from a “hold” rating to a “buy” rating and set a $22.00 target price for the company in a report on Thursday. One analyst has rated the stock with a sell rating, two have assigned a hold rating and five have given a buy rating to the stock. The stock has a consensus rating of “Buy” and a consensus price target of $19.17.

Home Bancshares, Inc. (Conway, AR) stock opened at $19.67 on Friday. Home Bancshares, Inc. has a one year low of $9.71 and a one year high of $21.04. The company has a debt-to-equity ratio of 0.30, a quick ratio of 0.95 and a current ratio of 0.95. The business has a fifty day moving average of $18.59 and a two-hundred day moving average of $16.67. The company has a market cap of $3.25 billion, a P/E ratio of 15.86 and a beta of 1.50.

Home Bancshares, Inc. (Conway, AR) (NASDAQ:HOMB) last released its earnings results on Thursday, October 15th. The financial services provider reported $0.42 EPS for the quarter, beating analysts’ consensus estimates of $0.39 by $0.03. The company had revenue of $176.09 million during the quarter, compared to the consensus estimate of $171.95 million. Home Bancshares, Inc. (Conway, AR) had a return on equity of 12.05% and a net margin of 26.02%. During the same quarter last year, the company earned $0.44 earnings per share. Sell-side analysts predict that Home Bancshares, Inc. will post 1.78 EPS for the current year.

The company also recently declared a quarterly dividend, which was paid on Wednesday, December 2nd. Stockholders of record on Wednesday, November 11th were paid a dividend of $0.14 per share. This represents a $0.56 annualized dividend and a dividend yield of 2.85%. The ex-dividend date of this dividend was Monday, November 9th. This is an increase from Home Bancshares, Inc. (Conway, AR)’s previous quarterly dividend of $0.13. Home Bancshares, Inc. (Conway, AR)’s payout ratio is 32.37%.

In other news, Director Jack Engelkes sold 2,000 shares of Home Bancshares, Inc. (Conway, AR) stock in a transaction on Tuesday, November 24th. The stock was sold at an average price of $20.29, for a total transaction of $40,580.00. Insiders own 8.66% of the company’s stock.

About Home Bancshares, Inc. (Conway, AR)

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, NOW, demand, and money market accounts, as well as certificates of deposit.

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

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