Seizert Capital Partners LLC cut its position in shares of HomeStreet Inc (NASDAQ:HMST) by 0.8% during the first quarter, according to its most recent Form 13F filing with the SEC. The fund owned 115,775 shares of the financial services provider’s stock after selling 965 shares during the period. Seizert Capital Partners LLC’s holdings in HomeStreet were worth $3,236,000 as of its most recent SEC filing.
A number of other large investors have also added to or reduced their stakes in HMST. New Amsterdam Partners LLC NY boosted its stake in HomeStreet by 0.3% in the third quarter. New Amsterdam Partners LLC NY now owns 212,685 shares of the financial services provider’s stock worth $5,330,000 after buying an additional 571 shares during the period. Coldstream Capital Management Inc. boosted its stake in HomeStreet by 4.8% in the fourth quarter. Coldstream Capital Management Inc. now owns 16,108 shares of the financial services provider’s stock worth $509,000 after buying an additional 740 shares during the period. Mason Street Advisors LLC boosted its stake in HomeStreet by 15.5% in the first quarter. Mason Street Advisors LLC now owns 5,891 shares of the financial services provider’s stock worth $165,000 after buying an additional 789 shares during the period. Louisiana State Employees Retirement System boosted its stake in HomeStreet by 9.6% in the first quarter. Louisiana State Employees Retirement System now owns 10,300 shares of the financial services provider’s stock worth $288,000 after buying an additional 900 shares during the period. Finally, Swiss National Bank raised its position in shares of HomeStreet by 4.2% in the first quarter. Swiss National Bank now owns 34,900 shares of the financial services provider’s stock worth $975,000 after buying an additional 1,400 shares in the last quarter. Institutional investors own 71.62% of the company’s stock.
Shares of HomeStreet Inc (NASDAQ:HMST) opened at 27.30 on Thursday. The firm has a market capitalization of $788.01 million, a price-to-earnings ratio of 11.55 and a beta of 0.05. HomeStreet Inc has a 12-month low of $18.74 and a 12-month high of $33.70. The company’s 50-day moving average price is $26.93 and its 200 day moving average price is $28.21.
HomeStreet (NASDAQ:HMST) last posted its quarterly earnings data on Monday, April 24th. The financial services provider reported $0.33 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.25 by $0.08. The firm had revenue of $120.11 million during the quarter, compared to the consensus estimate of $124.18 million. HomeStreet had a return on equity of 10.89% and a net margin of 10.23%. During the same period in the prior year, the business earned $0.41 EPS. On average, equities research analysts forecast that HomeStreet Inc will post $2.17 EPS for the current fiscal year.
HMST has been the topic of a number of research reports. Zacks Investment Research lowered HomeStreet from a “hold” rating to a “strong sell” rating in a report on Friday, January 27th. FBR & Co cut their price objective on HomeStreet from $33.00 to $30.00 and set a “mkt perform” rating on the stock in a report on Thursday, January 26th. Finally, FIG Partners lowered HomeStreet from an “outperform” rating to a “market perform” rating in a report on Friday, April 28th. One research analyst has rated the stock with a sell rating and three have assigned a hold rating to the company’s stock. HomeStreet currently has a consensus rating of “Hold” and a consensus price target of $30.00.
In other HomeStreet news, CEO Mark K. Mason sold 7,461 shares of the business’s stock in a transaction that occurred on Monday, March 13th. The stock was sold at an average price of $26.44, for a total transaction of $197,268.84. Following the transaction, the chief executive officer now owns 130,302 shares in the company, valued at approximately $3,445,184.88. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP David H. Straus bought 1,000 shares of the company’s stock in a transaction on Tuesday, May 2nd. The shares were acquired at an average price of $25.53 per share, for a total transaction of $25,530.00. Following the transaction, the executive vice president now directly owns 12,551 shares in the company, valued at approximately $320,427.03. The disclosure for this purchase can be found here. 7.59% of the stock is owned by corporate insiders.
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.
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