58,200 Shares in HomeStreet, Inc. (HMST) Purchased by Lyon Street Capital LLC

Lyon Street Capital LLC bought a new position in shares of HomeStreet, Inc. (NASDAQ:HMST) during the third quarter, according to the company in its most recent disclosure with the SEC. The firm bought 58,200 shares of the financial services provider’s stock, valued at approximately $1,571,000. Lyon Street Capital LLC owned about 0.22% of HomeStreet as of its most recent SEC filing.

A number of other large investors have also recently added to or reduced their stakes in the business. Teachers Advisors LLC raised its position in shares of HomeStreet by 14.1% during the 1st quarter. Teachers Advisors LLC now owns 57,997 shares of the financial services provider’s stock worth $1,621,000 after purchasing an additional 7,172 shares during the period. Geode Capital Management LLC raised its position in shares of HomeStreet by 21.2% during the 1st quarter. Geode Capital Management LLC now owns 214,354 shares of the financial services provider’s stock worth $5,991,000 after purchasing an additional 37,530 shares during the period. Schwab Charles Investment Management Inc. raised its position in shares of HomeStreet by 22.9% during the 1st quarter. Schwab Charles Investment Management Inc. now owns 101,781 shares of the financial services provider’s stock worth $2,845,000 after purchasing an additional 18,959 shares during the period. State Street Corp raised its position in shares of HomeStreet by 13.6% during the 1st quarter. State Street Corp now owns 549,803 shares of the financial services provider’s stock worth $15,366,000 after purchasing an additional 66,021 shares during the period. Finally, Metropolitan Life Insurance Co. NY raised its position in shares of HomeStreet by 14.2% during the 1st quarter. Metropolitan Life Insurance Co. NY now owns 17,778 shares of the financial services provider’s stock worth $497,000 after purchasing an additional 2,206 shares during the period. 85.33% of the stock is currently owned by institutional investors.

Shares of HomeStreet, Inc. (HMST) opened at $29.85 on Wednesday. HomeStreet, Inc. has a 1 year low of $24.00 and a 1 year high of $33.70. The company has a debt-to-equity ratio of 0.19, a current ratio of 0.87 and a quick ratio of 0.73. The company has a market capitalization of $826.70, a P/E ratio of 21.06, a P/E/G ratio of 1.86 and a beta of 0.23.

HomeStreet (NASDAQ:HMST) last posted its earnings results on Monday, October 23rd. The financial services provider reported $0.51 EPS for the quarter, beating the consensus estimate of $0.41 by $0.10. HomeStreet had a return on equity of 6.08% and a net margin of 6.68%. The firm had revenue of $134.72 million for the quarter, compared to analysts’ expectations of $129.90 million. During the same period last year, the firm earned $1.12 EPS. equities analysts anticipate that HomeStreet, Inc. will post 1.66 earnings per share for the current year.

A number of brokerages have recently weighed in on HMST. B. Riley reiterated a “neutral” rating on shares of HomeStreet in a research report on Wednesday, November 1st. Zacks Investment Research cut HomeStreet from a “hold” rating to a “sell” rating in a research report on Wednesday, October 4th. ValuEngine cut HomeStreet from a “buy” rating to a “hold” rating in a research report on Monday, October 2nd. Finally, FBR & Co reiterated a “hold” rating on shares of HomeStreet in a research report on Tuesday, October 3rd. Two equities research analysts have rated the stock with a sell rating, four have given a hold rating and one has issued a buy rating to the stock. HomeStreet presently has a consensus rating of “Hold” and a consensus target price of $29.08.

COPYRIGHT VIOLATION WARNING: This article was first reported by StockNewsTimes and is the property of of StockNewsTimes. If you are accessing this article on another domain, it was illegally copied and reposted in violation of U.S. & international copyright & trademark law. The legal version of this article can be viewed at https://stocknewstimes.com/2017/12/06/58200-shares-in-homestreet-inc-hmst-purchased-by-lyon-street-capital-llc.html.

HomeStreet Profile

HomeStreet, Inc is a financial services company serving customers primarily in the western United States, including Hawaii. The Company is principally engaged in real estate lending, including mortgage banking activities, and commercial and consumer banking. The Company’s operating segments include Commercial and Consumer Banking, and Mortgage Banking.

Institutional Ownership by Quarter for HomeStreet (NASDAQ:HMST)

Receive News & Ratings for HomeStreet Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for HomeStreet Inc. and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply