Sidney Craig Tompkins Acquires 5,000 Shares of HomeStreet, Inc. (NASDAQ:HMST) Stock

HomeStreet, Inc. (NASDAQ:HMST) Director Sidney Craig Tompkins purchased 5,000 shares of the company’s stock in a transaction on Tuesday, December 17th. The stock was purchased at an average price of $11.49 per share, with a total value of $57,450.00. Following the completion of the transaction, the director now owns 5,000 shares of the company’s stock, valued at approximately $57,450. This trade represents a ∞ increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.

HomeStreet Stock Down 6.2 %

Shares of NASDAQ HMST opened at $10.81 on Thursday. HomeStreet, Inc. has a 1 year low of $8.09 and a 1 year high of $16.10. The firm has a 50-day simple moving average of $12.18 and a two-hundred day simple moving average of $12.93. The company has a market cap of $203.85 million, a P/E ratio of -8.32 and a beta of 1.49. The company has a debt-to-equity ratio of 3.94, a current ratio of 1.15 and a quick ratio of 1.15.

Analyst Ratings Changes

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

Hedge Funds Weigh In On HomeStreet

A number of institutional investors have recently modified their holdings of HMST. State Street Corp boosted its holdings in shares of HomeStreet by 0.3% in the third quarter. State Street Corp now owns 422,031 shares of the financial services provider’s stock valued at $6,651,000 after purchasing an additional 1,083 shares during the period. Vanguard Personalized Indexing Management LLC raised its position in HomeStreet by 23.2% during the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 14,350 shares of the financial services provider’s stock valued at $164,000 after purchasing an additional 2,703 shares in the last quarter. Bank of New York Mellon Corp lifted 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 worth $809,000 after buying an additional 3,113 shares during the period. Jane Street Group LLC grew its position in shares of HomeStreet by 20.2% during the 3rd quarter. Jane Street Group LLC now owns 40,572 shares of the financial services provider’s stock worth $639,000 after buying an additional 6,810 shares in the last quarter. Finally, Geode Capital Management LLC increased its stake in shares of HomeStreet by 1.9% during the third quarter. Geode Capital Management LLC now owns 426,130 shares of the financial services provider’s stock valued at $6,717,000 after buying an additional 7,898 shares during the period. 74.71% of the stock is owned by hedge funds and other institutional investors.

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.