Home Bancshares Inc (HOMB) Stock Is Crashing Now

August 11, 2017 - By Winifred Garcia

Investors sentiment increased to 1.17 in Q4 2016. Its up 0.13, from 1.04 in 2016Q3. It improved, as 19 investors sold Home Bancshares Inc shares while 67 reduced holdings. 36 funds opened positions while 65 raised stakes. 82.87 million shares or 0.34% more from 82.59 million shares in 2016Q3 were reported.
333,101 are owned by Blackrock Group Ltd. Lord Abbett Co Ltd Co accumulated 0.05% or 600,613 shares. Td Asset Mgmt Incorporated stated it has 0% in Home Bancshares Inc (NASDAQ:HOMB). Capstone Asset Mngmt stated it has 33,852 shares or 0.03% of all its holdings. Brown Advisory stated it has 16,691 shares or 0% of all its holdings. State Of Tennessee Treasury Department accumulated 97,292 shares or 0.01% of the stock. Legal General Grp Public Ltd Com accumulated 216,900 shares or 0.01% of the stock. Jacobs Levy Equity Management stated it has 0.06% of its portfolio in Home Bancshares Inc (NASDAQ:HOMB). Riverhead Capital Mgmt Ltd Com stated it has 6,600 shares or 0.01% of all its holdings. Parkside Commercial Bank And Trust has 62 shares for 0% of their portfolio. Ameritas Inv Ptnrs Incorporated holds 0.01% or 10,453 shares in its portfolio. Fincl Bank Of Ny Mellon Corp has invested 0.02% in Home Bancshares Inc (NASDAQ:HOMB). Royal Bancshares Of Canada has invested 0% in Home Bancshares Inc (NASDAQ:HOMB). Raymond James Tru Na invested 0.02% of its portfolio in Home Bancshares Inc (NASDAQ:HOMB). Manufacturers Life Com The stated it has 0% of its portfolio in Home Bancshares Inc (NASDAQ:HOMB).

Since March 1, 2017, it had 1 insider buy, and 2 sales for $277,533 activity. Bruns Dale sold $294,000 worth of stock or 10,000 shares. Haynes Jim F JR sold $38,250 worth of stock or 1,500 shares.

The stock of Home Bancshares Inc (NASDAQ:HOMB) is a huge mover today! About 424,932 shares traded. Home Bancshares Inc (NASDAQ:HOMB) has risen 16.57% since August 11, 2016 and is uptrending. It has underperformed by 0.13% the S&P500.
The move comes after 9 months negative chart setup for the $3.37B company. It was reported on Aug, 11 by Barchart.com. We have $22.58 PT which if reached, will make NASDAQ:HOMB worth $134.80M less.

Home Bancshares Inc (NASDAQ:HOMB) Ratings Coverage

Among 11 analysts covering Home Bancshares Inc. (NASDAQ:HOMB), 7 have Buy rating, 0 Sell and 4 Hold. Therefore 64% are positive. Home Bancshares Inc. had 22 analyst reports since July 20, 2015 according to SRatingsIntel. Wood upgraded Home Bancshares Inc (NASDAQ:HOMB) on Monday, May 15 to “Outperform” rating. On Thursday, July 20 the stock rating was maintained by Keefe Bruyette & Woods with “Buy”. The stock of Home Bancshares Inc (NASDAQ:HOMB) earned “Buy” rating by Wood on Thursday, August 27. The stock of Home Bancshares Inc (NASDAQ:HOMB) has “Sector Perform” rating given on Friday, January 22 by RBC Capital Markets. The stock of Home Bancshares Inc (NASDAQ:HOMB) earned “Hold” rating by Piper Jaffray on Thursday, July 20. The rating was maintained by RBC Capital Markets with “Hold” on Friday, August 4. The rating was initiated by Merion Capital on Friday, November 13 with “Neutral”. The stock of Home Bancshares Inc (NASDAQ:HOMB) earned “Sector Perform” rating by RBC Capital Markets on Friday, October 16. The rating was maintained by Stephens on Thursday, July 20 with “Buy”. The rating was upgraded by Sandler O’Neill on Friday, January 8 to “Buy”.

Home BancShares, Inc. is a bank holding company. The company has market cap of $3.37 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 17.66 P/E ratio. It operates through community banking segment.

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