Kingsview Wealth Management LLC Buys New Position in Home Bancshares, Inc. (Conway, AR) (NYSE:HOMB)

From MarketBeat:

Kingsview Wealth Management LLC purchased 25,294 shares of Home Bancshares, Inc. (Conway, AR) valued at $530,000 in the third quarter. Various institutions have also bought or sold shares. New York State Common Retirement Fund increased its stake by 1.9%, Arizona State Retirement System by 1.0%, and Fort Washington Investment Advisors Inc. OH by 11.0%, each making significant purchases. Additionally, Versor Investments LP bought a new position in the company, and California Public Employees Retirement System added to their holdings by 1.0%.

Home Bancshares, Inc. (Conway, AR) opened at $22.94 on Tuesday, down 1.2%. The company has a market cap of $4.63 billion and a PE ratio of 11.76. The stock’s 50-day moving average price is $24.24 and its 200-day moving average price is $22.76.

Home Bancshares, Inc. (Conway, AR) announced a quarterly dividend of $0.18 per share on March 6th. The ex-dividend date was February 13th, and the annualized yield is 3.14%. The company’s payout ratio is 36.92%.

CEO John W. Allison purchased 20,000 shares of Home Bancshares, Inc. (Conway, AR) stock at an average cost of $22.74 per share, while Director James Pat Hickman sold 60,000 shares at an average price of $25.38. 7.72% of the stock is owned by company insiders.

Various research analysts have recently issued reports on Home Bancshares, Inc. (Conway, AR), resulting in a consensus rating of “Hold” and a consensus target price of $25.00. MarketBeat.com provides the latest stock report on HOMB.

Home Bancshares, Inc. (Conway, AR) operates as a bank holding company for Centennial Bank, providing commercial and retail banking, and related financial services to businesses, real estate developers and investors, individuals, and municipalities. MarketBeat’s analysts have just released their top five short plays for February 2024.



Read more: Kingsview Wealth Management LLC Buys New Position in Home Bancshares, Inc. (Conway, AR) (NYSE:HOMB)