HomeStreet, Inc. (NASDAQ:HMST) EVP David L. Parr Sells 5,210 Shares of Stock

HomeStreet, Inc. (NASDAQ:HMST) EVP David L. Parr sold 5,210 shares of the business’s stock in a transaction that occurred on Wednesday, December 18th. The stock was sold at an average price of $11.53, for a total value of $60,071.30. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website.

HomeStreet Price Performance

Shares of NASDAQ HMST opened at $10.81 on Thursday. The company has a quick ratio of 1.15, a current ratio of 1.15 and a debt-to-equity ratio of 3.94. HomeStreet, Inc. has a fifty-two week low of $8.09 and a fifty-two week high of $16.10. The business has a 50 day moving average price of $12.18 and a two-hundred day moving average price of $12.93. The firm has a market cap of $203.85 million, a PE ratio of -8.32 and a beta of 1.49.

Institutional Trading of HomeStreet

Institutional investors and hedge funds have recently bought and sold shares of the company. Bank of New York Mellon Corp boosted its holdings in shares of HomeStreet by 4.6% in the 2nd quarter. Bank of New York Mellon Corp now owns 70,950 shares of the financial services provider’s stock valued at $809,000 after buying an additional 3,113 shares during the period. Dimensional Fund Advisors LP grew its holdings in shares of HomeStreet by 4.7% during the second quarter. Dimensional Fund Advisors LP now owns 640,296 shares of the financial services provider’s stock valued at $7,299,000 after purchasing an additional 28,874 shares during the last quarter. Vanguard Personalized Indexing Management LLC lifted its holdings in shares of HomeStreet by 23.2% in the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 14,350 shares of the financial services provider’s stock worth $164,000 after purchasing an additional 2,703 shares during the last quarter. Squarepoint Ops LLC acquired a new position in HomeStreet during the 2nd quarter valued at approximately $122,000. Finally, Point72 Asia Singapore Pte. Ltd. bought a new position in HomeStreet during the 2nd quarter worth $410,000. Institutional investors and hedge funds own 74.71% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on the company. Janney Montgomery Scott downgraded HomeStreet from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, October 30th. Wedbush raised shares of HomeStreet from a “neutral” rating to an “outperform” rating and set a $12.00 price target for the company in a research report on Tuesday, November 5th. Finally, StockNews.com initiated coverage on shares of HomeStreet in a research note on Sunday, September 22nd. They set a “sell” rating on the stock.

HomeStreet Company Profile

HomeStreet, Inc operates as the bank holding company for HomeStreet Bank that provides commercial, mortgage, and consumer/retail banking services in the Western United States. The company offers personal and business checking, savings, interest-bearing negotiable order of withdrawal, and money market accounts, as well as certificates of deposit; credit cards; insurance; and treasury management services.