HYNE (NASDAQ:HYNE) Upgraded by Wall Street Zen to “Hold” Rating

HYNE (NASDAQ:HYNE) was upgraded by stock analysts at Wall Street Zen from a “sell” rating to a “hold” rating in a report issued on Saturday.

Separately, Weiss Ratings restated a “sell (e)” rating on shares of HYNE in a report on Friday, May 29th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company currently has a consensus rating of “Sell”.

HYNE Price Performance

NASDAQ:HYNE opened at $16.29 on Friday. The firm has a market cap of $131.95 million and a price-to-earnings ratio of -814.50. The company’s fifty day simple moving average is $15.62. HYNE has a twelve month low of $13.35 and a twelve month high of $16.33.

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

Hedge Funds Weigh In On HYNE

A number of institutional investors have recently added to or reduced their stakes in HYNE. HRT Financial LP acquired a new position in HYNE in the 4th quarter worth $205,000. Harbor Advisors LLC acquired a new position in HYNE in the 4th quarter worth $217,000. Jane Street Group LLC acquired a new position in HYNE in the 4th quarter worth $307,000. Raffles Associates LP acquired a new position in HYNE in the 4th quarter worth $346,000. Finally, Cerity Partners LLC acquired a new position in HYNE in the 4th quarter worth $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.