Hussman Strategic Advisors adds Home Bancshares Inc (HOMB) to its portfolio

Home Bancshares Inc (HOMB) : Hussman Strategic Advisors added new position in Home Bancshares Inc during the most recent quarter end. The investment management firm now holds 150,000 shares of Home Bancshares Inc which is valued at $3,103,500 , the company said in a statement filed on Aug 1, 2016 with the SEC.Home Bancshares Inc makes up approximately 0.46% of Hussman Strategic Advisors’s portfolio.

Other Hedge Funds, Including , American Century Companies Inc reduced its stake in HOMB by selling 235,537 shares or 32.87% in the most recent quarter. The Hedge Fund company now holds 481,093 shares of HOMB which is valued at $10,021,167. Home Bancshares Inc makes up approx 0.01% of American Century Companies Inc’s portfolio.Thomson Horstmann Bryant Inc reduced its stake in HOMB by selling 62,764 shares or 51.02% in the most recent quarter. The Hedge Fund company now holds 60,256 shares of HOMB which is valued at $1,260,556. Home Bancshares Inc makes up approx 0.16% of Thomson Horstmann Bryant Inc’s portfolio. Cutler Group Lp added HOMB to its portfolio by purchasing 6 company shares during the most recent quarter which is valued at $124.Bnp Paribas Arbitrage Sa boosted its stake in HOMB in the latest quarter, The investment management firm added 20,996 additional shares and now holds a total of 38,848 shares of Home Bancshares Inc which is valued at $766,471.

Home Bancshares Inc opened for trading at $20.7 and hit $20.95 on the upside on Thursday, eventually ending the session at $20.89, with a gain of 0.97% or 0.2 points. The heightened volatility saw the trading volume jump to 2,79,082 shares. Company has a market cap of $2,933 M.

On the company’s financial health, Home Bancshares Inc reported $0.31 EPS for the quarter, beating the analyst consensus estimate by $ 0.01 according to the earnings call on Jul 21, 2016. Analyst had a consensus of $0.30.Analysts expectations of $ 121.12.During the same quarter in the previous year, the company posted $0.50 EPS.

Investors should note that on Jul 20, 2016, Home Bancshares Inc announced a cash dividend of $0.0900. The company’s management has announced Aug 8, 2016 as the ex-dividend date and fixed the record date on Aug 10, 2016. The payable date has been fixed on Aug 31, 2016.

Home BancShares Inc. is a bank holding company. The company is primarily 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 wholly owned community bank subsidiary Centennial Bank (the Bank). The Bank has locations in Arkansas Florida and South Alabama. The Company provides loans to single and multi-family real estate residential construction and commercial buildings. In addition it also makes loans to small and medium-sized commercial businesses as well as to consumers. Securities held to maturity include any security for which the Company has the positive intent and ability to hold until maturity. It offers a range of deposit services including checking savings money market accounts and certificates of deposit. The Company obtains its deposits from individuals and small businesses and municipalities in its market areas.

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