EJF Capital LLC acquired a new stake in HopFed Bancorp, Inc (NASDAQ:HFBC) during the first quarter, HoldingsChannel reports. The fund acquired 541,661 shares of the savings and loans company’s stock, valued at approximately $7,881,000. EJF Capital LLC owned 0.08% of HopFed Bancorp at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. Deutsche Bank AG purchased a new stake in shares of HopFed Bancorp in the 4th quarter valued at approximately $124,000. Renaissance Technologies LLC acquired a new position in shares of HopFed Bancorp in the 4th quarter valued at $141,000. Kennedy Capital Management Inc. boosted its holdings in shares of HopFed Bancorp by 71.5% in the 4th quarter. Kennedy Capital Management Inc. now owns 177,352 shares of the savings and loans company’s stock valued at $2,501,000 after buying an additional 73,947 shares in the last quarter. Dimensional Fund Advisors LP boosted its holdings in shares of HopFed Bancorp by 1.8% in the 1st quarter. Dimensional Fund Advisors LP now owns 243,711 shares of the savings and loans company’s stock valued at $3,534,000 after buying an additional 4,400 shares in the last quarter. Finally, Gendell Jeffrey L boosted its holdings in shares of HopFed Bancorp by 1.3% in the 4th quarter. Gendell Jeffrey L now owns 331,825 shares of the savings and loans company’s stock valued at $4,679,000 after buying an additional 4,097 shares in the last quarter. 47.83% of the stock is currently owned by institutional investors.

In other news, CFO Billy C. Duvall sold 2,000 shares of the company’s stock in a transaction on Wednesday, May 9th. The shares were sold at an average price of $15.05, for a total value of $30,100.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Corporate insiders own 4.10% of the company’s stock.

Shares of HopFed Bancorp stock opened at $15.73 on Friday. HopFed Bancorp, Inc has a 12-month low of $13.51 and a 12-month high of $16.45. The company has a quick ratio of 0.87, a current ratio of 0.87 and a debt-to-equity ratio of 0.41. The firm has a market capitalization of $107.97 million, a PE ratio of 20.70 and a beta of 0.19.

HopFed Bancorp (NASDAQ:HFBC) last issued its earnings results on Friday, April 27th. The savings and loans company reported $0.18 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.17 by $0.01. HopFed Bancorp had a net margin of 9.30% and a return on equity of 5.54%. The business had revenue of $8.93 million during the quarter, compared to analysts’ expectations of $9.10 million. research analysts expect that HopFed Bancorp, Inc will post 0.87 earnings per share for the current year.

Separately, Zacks Investment Research cut shares of HopFed Bancorp from a “hold” rating to a “sell” rating in a report on Friday, May 4th.

About HopFed Bancorp

HopFed Bancorp, Inc operates as the bank holding company for Heritage Bank USA, Inc that provides various banking products and services. The company accepts various deposit products, including money market accounts, passbook savings accounts, individual retirement accounts, certificates of deposit, and time deposits, as well as non-interest bearing, savings, and interest bearing checking accounts.

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Institutional Ownership by Quarter for HopFed Bancorp (NASDAQ:HFBC)

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