November 23, 2016 - By Michael Collier
Home Bancshares Inc’s Senior Exec VP Donna Townsell unloaded 4,291 shares of the firm in a stock market sale dated 23/11/2016. These transaction’s shares were unloaded at an average cost of $26.4, for an aggregate trade of $113,068. The date of trade was 23/11/2016, and it was unveiled in a SEC-filed report, which you can locate here. Donna Townsell now indirectly owns 7264 shares. She also directly owns 20000 shares. In total she holds a stake of 0.02%.
Out of 7 analysts covering Home Bancshares Inc. (NASDAQ:HOMB), 3 rate it a “Buy”, 0 “Sell”, while 4 “Hold”. This means 43% are positive. $50.0 is the highest target while $41 is the lowest. The $45.17 average target is 67.67% above today’s ($26.94) stock price. Home Bancshares Inc. has been the topic of 15 analyst reports since July 20, 2015 according to StockzIntelligence Inc. The firm earned “Outperform” rating on Tuesday, January 5 by Hovde Group. The stock has “Buy” rating given by Wood on Thursday, August 27. The firm earned “Neutral” rating on Friday, November 11 by Merion Capital. The company was upgraded on Friday, January 22 by Merion Capital Group. The firm has “Hold” rating by Sandler O’Neill given on Tuesday, September 13. On Friday, November 13 the stock rating was initiated by Merion Capital with “Neutral”. RBC Capital Markets maintained it with “Sector Perform” rating and $43 target price in Friday, October 16 report. The stock has “Buy” rating given by Wood on Tuesday, August 25. On Friday, January 22 the stock rating was maintained by RBC Capital Markets with “Sector Perform”. The stock of Home Bancshares Inc (NASDAQ:HOMB) earned “Outperform” rating by Wood on Friday, August 21.
Insitutional Activity: The institutional sentiment increased to 1.04 in 2016 Q2. Its up 0.06, from 0.98 in 2016Q1. The ratio is positive, as 12 funds sold all Home Bancshares Inc shares owned while 74 reduced positions. 18 funds bought stakes while 66 increased positions. They now own 159.62 million shares or 295.01% more from 40.41 million shares in 2016Q1.
Paloma Partners Mngmt Company holds 0% or 20,398 shares in its portfolio. Robeco Institutional Asset Mngmt Bv, a Netherlands-based fund reported 25,976 shares. Morgan Stanley reported 265,115 shares or 0% of all its holdings. Zurcher Kantonalbank (Zurich Cantonalbank) reported 3,962 shares or 0% of all its holdings. Qs Limited Liability owns 261,388 shares or 0.04% of their US portfolio. Cupps Capital Mngmt Lc accumulated 0.4% or 77,895 shares. Loomis Sayles And Communications Lp holds 1.68 million shares or 0.09% of its portfolio. Victory Capital last reported 4,703 shares in the company. Thomson Horstmann Bryant accumulated 0.15% or 60,256 shares. Johnson Inv Counsel Inc holds 22,586 shares or 0.01% of its portfolio. Sg Americas Securities Ltd Liability Com has 22,992 shares for 0% of their US portfolio. Intrust Financial Bank Na has 0.22% invested in the company for 28,019 shares. Dana Inv holds 0.15% or 171,351 shares in its portfolio. The Texas-based Texas Permanent School Fund has invested 0.02% in Home Bancshares Inc (NASDAQ:HOMB). Walleye Trading Ltd Liability Corp has 0% invested in the company for 70 shares.
Insider Transactions: Since June 14, 2016, the stock had 0 buys, and 12 sales for $16.30 million net activity. Carter Russell Davis III sold $169,745 worth of Home Bancshares Inc (NASDAQ:HOMB) on Friday, August 12. 14,888 shares were sold by Davis Brian, worth $344,684. $575,295 worth of Home Bancshares Inc (NASDAQ:HOMB) shares were sold by LIEBLONG ALEX R. On Thursday, August 11 the insider Haynes Jim F JR sold $69,787. Another trade for 2,000 shares valued at $52,199 was sold by Engelkes Jack. Bruns Dale had sold 20,000 shares worth $525,950. Sims Randall had sold 58,000 shares worth $1.48M on Monday, November 14.
About 32,715 shares traded hands. Home Bancshares Inc (NASDAQ:HOMB) has risen 26.16% since April 21, 2016 and is uptrending. It has outperformed by 20.84% the S&P500.
Home BancShares, Inc. is a bank holding company. The company has a market cap of $3.84 billion. The Firm is engaged in providing a range of commercial and retail banking, and related financial services to businesses, real estate developers and investors, individuals and municipalities through its community bank subsidiary, Centennial Bank . It has a 22.83 P/E ratio. The Firm offers a range of services and products, including 24-hour Internet banking, mobile banking and voice response information, cash management, overdraft protection, direct deposit, safe deposit boxes, United States savings bonds and automatic account transfers.
According to Zacks Investment Research, “HOME BANCSHARES, INC. is a bank holding company, headquartered in Conway, Arkansas, with six wholly owned bank subsidiaries that provide a broad range of commercial and retail banking and related financial services to businesses, real estate developers and investors, individuals and municipalities. Three of the bank subsidiaries are located in the central Arkansas market area, a fourth serves central and southern Arkansas, a fifth serves Stone County in north central Arkansas, and a sixth serves the Florida Keys and southwestern Florida.”
Analysts await Home Bancshares Inc (NASDAQ:HOMB) to report earnings on January, 19. They expect $0.33 earnings per share, up 17.86% or $0.05 from last year’s $0.28 per share. HOMB’s profit will be $47.04 million for 20.41 P/E if the $0.33 EPS becomes a reality. After $0.31 actual earnings per share reported by Home Bancshares Inc for the previous quarter, Wall Street now forecasts 6.45% EPS growth.
More important recent Home Bancshares Inc (NASDAQ:HOMB) news were published by: Globenewswire.com which released: “Home BancShares, Inc. and Centennial Bank Announce Successful Bid to Purchase ..” on November 17, 2016, also Finance.Yahoo.com published article titled: “Home BancShares, Inc. Announces a 20% Increase in Fourth Quarter Cash Dividend”, Globenewswire.com published: “Home BancShares, Inc. and Giant Holdings, Inc. Announce Signing of Definitive ..” on November 07, 2016. More interesting news about Home Bancshares Inc (NASDAQ:HOMB) was released by: Streetinsider.com and their article: “Form 8-K HOME BANCSHARES INC For: Nov 07” with publication date: November 08, 2016.
Home BancShares, Inc., incorporated on September 1, 1989, is a bank holding company. The Firm is engaged in providing a range of commercial and retail banking, and related financial services to businesses, real estate developers and investors, individuals and municipalities through its community bank subsidiary, Centennial Bank (the Bank). The Firm offers a range of services and products, including 24-hour Internet banking, mobile banking and voice response information, cash management, overdraft protection, direct deposit, safe deposit boxes, United States savings bonds and automatic account transfers. Cook Insurance Agency, Inc. is an independent insurance agency. Centennial Insurance Agency writes policies for commercial and personal lines of business, including insurance for property, casualty, life, health and employee benefits. The Centennial Bank trust department offers an array of trust services. These trust services is focused on personal trusts, corporate trusts and employee benefit trusts.
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