HYNE (NASDAQ:HYNE) Downgraded to Sell Rating by Wall Street Zen

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

Separately, Weiss Ratings initiated coverage on shares of HYNE in a research note on Tuesday, March 3rd. They set a “sell (e)” rating for the company. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company presently has a consensus rating of “Sell”.

HYNE Price Performance

NASDAQ:HYNE opened at $14.96 on Monday. HYNE has a fifty-two week low of $13.35 and a fifty-two week high of $15.00. The business’s fifty day moving average is $14.45.

Hedge Funds Weigh In On HYNE

Institutional investors have recently bought and sold shares of the company. FJ Capital Management LLC acquired a new position in HYNE in the 4th quarter valued at about $3,782,000. Mangrove Partners IM LLC purchased a new stake in shares of HYNE in the 4th quarter valued at approximately $1,368,000. Peapod Lane Capital LLC acquired a new stake in shares of HYNE during the 4th quarter worth approximately $1,021,000. Gamco Investors INC. ET AL acquired a new stake in shares of HYNE during the 4th quarter worth approximately $932,000. Finally, XTX Topco Ltd purchased a new stake in shares of HYNE during the 4th quarter valued at approximately $564,000.

HYNE Company Profile

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.