HYNE (NASDAQ:HYNE) Rating Increased to Hold at Wall Street Zen

HYNE (NASDAQ:HYNE) was upgraded by equities research 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 raised HYNE from a “sell (e)” rating to a “sell (e+)” rating in a research report on Thursday, June 11th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock currently has a consensus rating of “Sell”.

HYNE Price Performance

NASDAQ HYNE opened at $16.69 on Friday. The firm has a market capitalization of $135.19 million and a PE ratio of -834.50. The firm has a 50-day moving average of $16.08. HYNE has a 12 month low of $13.35 and a 12 month high of $16.86.

HYNE (NASDAQ:HYNE) last announced its quarterly earnings results on Tuesday, May 12th. The company reported ($0.02) earnings per share for the quarter. The business had revenue of $4.48 million for the quarter.

Insider Buying and Selling at HYNE

In other HYNE news, CEO Walter F. Healy acquired 1,537 shares of the company’s stock in a transaction that occurred on Thursday, June 11th. The stock was purchased at an average price of $16.28 per share, for a total transaction of $25,022.36. Following the completion of the acquisition, the chief executive officer owned 15,821 shares of the company’s stock, valued at approximately $257,565.88. This trade represents a 10.76% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders have purchased a total of 1,998 shares of company stock valued at $32,267 in the last ninety days. Insiders own 3.20% of the company’s stock.

Hedge Funds Weigh In On HYNE

Several hedge funds and other institutional investors have recently added to or reduced their stakes in HYNE. HRT Financial LP acquired a new position in shares of HYNE in the fourth quarter worth $205,000. Harbor Advisors LLC purchased a new stake in HYNE during the 4th quarter worth about $217,000. Jane Street Group LLC purchased a new stake in HYNE during the 4th quarter worth about $307,000. Raffles Associates LP acquired a new stake in HYNE in the 4th quarter valued at about $346,000. Finally, Cerity Partners LLC acquired a new stake in HYNE in the 4th quarter valued at about $455,000.

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.