Dividend Action: $0.09 dividends are within arm’s reach for Home BancShares, Inc. (NASDAQ:HOMB) shareholders.

Dividend Action: $0.09 dividends are within arm's reach for Home BancShares, Inc. (NASDAQ:HOMB) shareholders.

Home BancShares, Inc. (NASDAQ:HOMB) is expected to pay $0.09 on Dec 7, 2016. The indicated annual dividend is $0.36. Shareholders owning the stock before Nov 14, 2016 will be eligible to receive the payout. Based on Home BancShares, Inc.’s current price of $24.96, the dividend is 0.36%. This dividend’s record date is Nov 16, 2016 and the announcement date is Oct 27, 2016. The stock increased 2.04% or $0.5 on November 11, hitting $24.96. About 1.42 million shares traded hands or 108.10% up from the average. Home Bancshares Inc (NASDAQ:HOMB) has risen 24.43% since April 12, 2016 and is uptrending. It has outperformed by 19.44% the S&P500.

Home BancShares, Inc. is a bank holding company. The company has a market cap of $3.58 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 21.15 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.

Insitutional Activity: The institutional sentiment decreased to 0.98 in 2016 Q2. Its down 0.37, from 1.35 in 2016Q1. The ratio is negative, 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.
Lazard Asset Mgmt Ltd Llc reported 601,320 shares or 0.03% of all its holdings. Etrade Mngmt Lc holds 0.05% or 47,951 shares in its portfolio. Blackrock Investment Mngmt Limited Liability holds 504,548 shares or 0.01% of its portfolio. Arvest Bancshares Trust Division accumulated 395,838 shares or 0.67% of the stock. The Maryland-based Proshare Advsrs Limited Liability has invested 0% in Home Bancshares Inc (NASDAQ:HOMB). Rafferty Asset Management Ltd Liability Com last reported 28,220 shares in the company. Vanguard Grp Incorporated Incorporated reported 9.52M shares or 0.01% of all its holdings. Pinebridge Invests Lp holds 0.02% of its portfolio in Home Bancshares Inc (NASDAQ:HOMB) for 15,489 shares. Delta Asset Mngmt Ltd Liability Tn accumulated 6,244 shares or 0.02% of the stock. Moreover, Nationwide Fund Advisors has 0.01% invested in Home Bancshares Inc (NASDAQ:HOMB) for 79,349 shares. Pnc Fincl Services Group has invested 0.03% of its portfolio in Home Bancshares Inc (NASDAQ:HOMB). Fenimore Asset Mgmt accumulated 0.18% or 182,646 shares. Deutsche Savings Bank Ag has 129,145 shares for 0% of their US portfolio. Fifth Third Savings Bank holds 0.01% of its portfolio in Home Bancshares Inc (NASDAQ:HOMB) for 36,646 shares. Guggenheim Lc holds 0.01% of its portfolio in Home Bancshares Inc (NASDAQ:HOMB) for 126,870 shares.

Insider Transactions: Since May 12, 2016, the stock had 0 insider purchases, and 7 sales for $13.36 million net activity. The insider Ashley Richard H sold 440,000 shares worth $9.42 million. On Tuesday, August 30 the insider LIEBLONG ALEX R sold $575,295. 8,000 shares with value of $169,745 were sold by Carter Russell Davis III on Friday, August 12. $30,960 worth of Home Bancshares Inc (NASDAQ:HOMB) was bought by Adams Milburn. The insider Haynes Jim F JR sold 3,250 shares worth $69,787. $2.24M worth of Home Bancshares Inc (NASDAQ:HOMB) was sold by French Tracy on Friday, September 2. On Tuesday, September 6 Davis Brian sold $344,684 worth of the stock or 14,888 shares.

Home Bancshares Inc (NASDAQ:HOMB) Ratings Coverage

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 80.97% above today’s ($24.96) stock price. Home Bancshares Inc. has been the topic of 15 analyst reports since July 20, 2015 according to StockzIntelligence Inc. Keefe Bruyette & Woods downgraded the shares of HOMB in a report on Thursday, November 10 to “Mkt Perform” rating. The stock of Home Bancshares Inc (NASDAQ:HOMB) earned “Outperform” rating by Merion Capital Group on Friday, January 22. On Tuesday, January 5 the stock rating was upgraded by Hovde Group to “Outperform”. Merion Capital initiated the stock with “Neutral” rating in Friday, November 13 report. The rating was downgraded by Merion Capital on Friday, November 11 to “Neutral”. The company was upgraded on Friday, January 8 by Sandler O’Neill. The rating was maintained by Wood on Thursday, August 27 with “Buy”. The stock of Home Bancshares Inc (NASDAQ:HOMB) earned “Sector Perform” rating by RBC Capital Markets on Friday, January 22. The rating was maintained by RBC Capital Markets with “Sector Perform” on Friday, October 16. On Friday, August 21 the stock rating was maintained by Wood with “Outperform”.

More important recent Home Bancshares Inc (NASDAQ:HOMB) news were published by: Globenewswire.com which released: “Home BancShares, Inc. and Giant Holdings, Inc. Announce Signing of Definitive …” on November 07, 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. Chairman Highlighted Among Ten Arkansas Business Icons” on August 09, 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.

HOMB Company Profile

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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