HomeStreet Inc. (NASDAQ:HMST) traded down 1% on Wednesday . The stock traded as low as $25.39 and last traded at $25.50, with a volume of 113,183 shares. The stock had previously closed at $25.77.

Several equities research analysts have weighed in on the company. Zacks Investment Research raised HomeStreet from a “hold” rating to a “strong-buy” rating and set a $22.00 price target for the company in a report on Wednesday, June 29th. FBR & Co reissued a “buy” rating and issued a $29.00 price target on shares of HomeStreet in a report on Wednesday, July 27th. Finally, DA Davidson downgraded HomeStreet from a “buy” rating to a “neutral” rating and raised their price target for the stock from $27.00 to $29.00 in a report on Friday, September 9th.

The stock has a 50-day moving average of $24.71 and a 200 day moving average of $21.79. The stock has a market capitalization of $633.06 million, a PE ratio of 12.74 and a beta of 0.09.

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HomeStreet (NASDAQ:HMST) last posted its quarterly earnings data on Monday, July 25th. The company reported $0.90 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.68 by $0.22. HomeStreet had a return on equity of 10.01% and a net margin of 9.50%. During the same period in the prior year, the firm posted $0.65 EPS. On average, equities analysts anticipate that HomeStreet Inc. will post $2.27 EPS for the current year.

Large investors have recently bought and sold shares of the stock. Bank of Montreal Can purchased a new stake in HomeStreet during the second quarter valued at about $162,000. Citadel Advisors LLC purchased a new stake in HomeStreet during the second quarter valued at about $208,000. American International Group Inc. increased its stake in HomeStreet by 5.3% in the second quarter. American International Group Inc. now owns 13,606 shares of the company’s stock valued at $271,000 after buying an additional 687 shares in the last quarter. Salzhauer Michael purchased a new stake in HomeStreet during the second quarter valued at about $277,000. Finally, Trexquant Investment LP purchased a new stake in HomeStreet during the second quarter valued at about $294,000. Hedge funds and other institutional investors own 72.75% of the company’s stock.

About HomeStreet

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. Its operating segments include Commercial and Consumer Banking, and Mortgage Banking.

5 Day Chart for NASDAQ:HMST

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