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

HomeStreet, Inc. (NASDAQ:HMST) EVP David L. Parr sold 5,210 shares of the stock in a transaction 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 filing with the SEC, which is accessible through this hyperlink.

HomeStreet Price Performance

HomeStreet stock opened at $10.81 on Thursday. The business’s 50-day simple moving average is $12.18 and its 200 day simple moving average is $12.93. The company has a quick ratio of 1.15, a current ratio of 1.15 and a debt-to-equity ratio of 3.94. The stock has a market cap of $203.85 million, a price-to-earnings ratio of -8.32 and a beta of 1.49. HomeStreet, Inc. has a 12-month low of $8.09 and a 12-month high of $16.10.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of HMST. Philadelphia Financial Management of San Francisco LLC raised its stake in shares of HomeStreet by 4.6% during the third quarter. Philadelphia Financial Management of San Francisco LLC now owns 1,562,434 shares of the financial services provider’s stock worth $24,624,000 after buying an additional 68,855 shares during the last quarter. Endeavour Capital Advisors Inc. grew its holdings in HomeStreet by 113.6% during the 2nd quarter. Endeavour Capital Advisors Inc. now owns 706,253 shares of the financial services provider’s stock worth $8,051,000 after acquiring an additional 375,581 shares during the period. Wellington Management Group LLP grew its holdings in HomeStreet by 494.0% during the 3rd quarter. Wellington Management Group LLP now owns 670,926 shares of the financial services provider’s stock worth $10,574,000 after acquiring an additional 557,977 shares during the period. Dimensional Fund Advisors LP raised its position in shares of HomeStreet by 4.7% during the 2nd quarter. Dimensional Fund Advisors LP now owns 640,296 shares of the financial services provider’s stock valued at $7,299,000 after acquiring an additional 28,874 shares during the last quarter. Finally, Geode Capital Management LLC lifted its stake in shares of HomeStreet by 1.9% in the 3rd quarter. Geode Capital Management LLC now owns 426,130 shares of the financial services provider’s stock valued at $6,717,000 after purchasing an additional 7,898 shares during the period. Institutional investors own 74.71% of the company’s stock.

Analysts Set New Price Targets

Several research analysts recently issued reports on the stock. Janney Montgomery Scott downgraded shares of 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 target price for the company in a research note on Tuesday, November 5th. Finally, StockNews.com began 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.