Wall Street Zen Upgrades HYNE (NASDAQ:HYNE) to Hold

HYNE (NASDAQ:HYNE) was upgraded by analysts at Wall Street Zen from a “sell” rating to a “hold” rating in a research note issued to investors on Sunday.

Separately, Weiss Ratings started coverage on shares of HYNE in a research report on Tuesday, March 3rd. They issued a “sell (e)” rating for the company. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company currently has an average rating of “Sell”.

HYNE Price Performance

HYNE stock opened at $14.39 on Friday. HYNE has a twelve month low of $13.35 and a twelve month high of $14.90. The company has a 50 day moving average price of $14.44.

Hedge Funds Weigh In On HYNE

Several institutional investors have recently added to or reduced their stakes in HYNE. FJ Capital Management LLC purchased a new stake in HYNE during the 4th quarter valued at approximately $3,782,000. Mangrove Partners IM LLC purchased a new position in shares of HYNE in the 4th quarter valued at approximately $1,368,000. Peapod Lane Capital LLC acquired a new position in shares of HYNE in the fourth quarter valued at approximately $1,021,000. Gamco Investors INC. ET AL purchased a new stake in shares of HYNE during the fourth quarter worth approximately $932,000. Finally, XTX Topco Ltd purchased a new stake in shares of HYNE during the fourth quarter worth approximately $564,000.

About HYNE

Hoyne Bancorp Inc focuses on operating as the bank holding company for Hoyne Savings Bank which provides various financial products and services. Hoyne Bancorp Inc is based in Chicago, Illinois.