Notable Dividend Flow: The $0.06 mark is well within reach for Heritage Oaks Bancorp (NASDAQ:HEOP).

Notable Dividend Flow: The $0.06 mark is well within reach for Heritage Oaks Bancorp (NASDAQ:HEOP).

Heritage Oaks Bancorp (NASDAQ:HEOP) is expected to pay $0.06 on Nov 30, 2016. The indicated annual dividend is $0.24. Shareholders owning the stock before Nov 10, 2016 will be eligible to receive the payout. Based on Heritage Oaks Bancorp’s current price of $8.24, the dividend is 0.73%. This dividend’s record date is Nov 15, 2016 and the announcement date is Oct 28, 2016. The stock increased 0.49% or $0.04 during the last trading session, hitting $8.24. Heritage Oaks Bancorp (NASDAQ:HEOP) has risen 9.28% since April 7, 2016 and is uptrending. It has outperformed by 4.50% the S&P500.

Heritage Oaks Bancorp is the holding firm for Heritage Oaks Bank . The company has a market cap of $288.25 million. The Bank offers traditional banking products, such as checking, savings, money market account and certificates of deposit, as well as mortgage loans and commercial and consumer loans to clients who are predominately small to medium-sized businesses (SMBs) and individuals. It has a 17.77 P/E ratio. The Bank offers its services and products through approximately 10 retail branches located on the Central Coast of California, in San Luis Obispo and Santa Barbara Counties and through other direct channels, including a loan production office in Ventura County.

Insitutional Activity: The institutional sentiment decreased to 1.19 in Q2 2016. Its down 0.57, from 1.76 in 2016Q1. The ratio is negative, as 4 funds sold all Heritage Oaks Bancorp shares owned while 17 reduced positions. 5 funds bought stakes while 20 increased positions. They now own 21.47 million shares or 1.54% less from 21.81 million shares in 2016Q1.
National Bank Of New York Mellon Corp owns 97,966 shares or 0% of their US portfolio. Barclays Public Ltd Limited Liability Company last reported 0% of its portfolio in the stock. Brandywine Invest Management Limited Liability Corp last reported 0% of its portfolio in the stock. Metropolitan Life Insurance Ny accumulated 0% or 16,996 shares. Nationwide Fund Advsr accumulated 16,415 shares or 0% of the stock. Moreover, Price Michael F has 0.84% invested in Heritage Oaks Bancorp (NASDAQ:HEOP) for 800,000 shares. Moreover, Banc Funds Ltd Company has 0.96% invested in Heritage Oaks Bancorp (NASDAQ:HEOP) for 2.07 million shares. Moreover, Legal General Grp Public Ltd Co has 0% invested in Heritage Oaks Bancorp (NASDAQ:HEOP) for 3,792 shares. Blackrock holds 4,519 shares or 0% of its portfolio. Geode Cap Mngmt Llc accumulated 157,061 shares or 0% of the stock. Mendon Cap Advsrs has invested 0.04% of its portfolio in Heritage Oaks Bancorp (NASDAQ:HEOP). California State Teachers Retirement last reported 0% of its portfolio in the stock. Parametric Assoc accumulated 11,866 shares or 0% of the stock. Maltese Mngmt Ltd Liability, a New York-based fund reported 950,800 shares. Hutchin Hill Capital L P owns 200,000 shares or 0.05% of their US portfolio.

Insider Transactions: Since August 4, 2016, the stock had 1 insider purchase, and 1 sale for $29,735 net activity. Simas Alexander bought $53,885 worth of stock or 6,500 shares. $24,150 worth of Heritage Oaks Bancorp (NASDAQ:HEOP) was sold by Osterbauer Robert on Thursday, September 1.

Heritage Oaks Bancorp (NASDAQ:HEOP) Ratings Coverage

Out of 3 analysts covering Heritage Oaks Bancorp (NASDAQ:HEOP), 0 rate it a “Buy”, 0 “Sell”, while 3 “Hold”. This means 0 are positive. Heritage Oaks Bancorp has been the topic of 3 analyst reports since July 28, 2015 according to StockzIntelligence Inc. The firm has “Market Perform” rating given on Monday, November 9 by Raymond James. As per Friday, August 19, the company rating was initiated by Hovde Group.

More recent Heritage Oaks Bancorp (NASDAQ:HEOP) news were published by: Globenewswire.com which released: “Heritage Oaks Bancorp Schedules Third Quarter Conference Call” on September 22, 2016. Also Seekingalpha.com published the news titled: “Heritage Oaks Bancorp’s (HEOP) CEO Simone Lagomarsino on Q3 2016 Results …” on October 28, 2016. Globenewswire.com‘s news article titled: “Heritage Oaks Bancorp Announces Amendment to Share Repurchase Program” with publication date: July 22, 2016 was also an interesting one.

HEOP Company Profile

Heritage Oaks Bancorp, incorporated on March 1, 1994, is the holding firm for Heritage Oaks Bank (the Bank). The Bank offers traditional banking products, such as checking, savings, money market account and certificates of deposit, as well as mortgage loans and commercial and consumer loans to clients who are predominately small to medium-sized businesses (SMBs) and individuals. The Bank offers its services and products through approximately 10 retail branches located on the Central Coast of California, in San Luis Obispo and Santa Barbara Counties and through other direct channels, including a loan production office in Ventura County. The Bank offers to its commercial clients commercial loans secured by real estate, other commercial loans and lines of credit, agricultural loans, construction financing, other real estate loans, and small business administration (SBA) loans. For consumers, the Bank offers residential mortgages equity lines of credit and other consumer loans.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Related posts

Leave a Comment