Godfrey B. Evans Sells 4,636 Shares of HomeStreet, Inc. (NASDAQ:HMST) Stock

HomeStreet, Inc. (NASDAQ:HMST) EVP Godfrey B. Evans sold 4,636 shares of HomeStreet stock in a transaction that occurred on Tuesday, November 26th. The shares were sold at an average price of $11.55, for a total transaction of $53,545.80. Following the transaction, the executive vice president now directly owns 67,049 shares in the company, valued at $774,415.95. This represents a 6.47 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.

HomeStreet Stock Performance

Shares of HMST opened at $11.46 on Thursday. The company’s fifty day moving average is $13.30 and its 200 day moving average is $12.73. HomeStreet, Inc. has a fifty-two week low of $5.99 and a fifty-two week high of $16.10. The stock has a market capitalization of $216.14 million, a PE ratio of -8.82 and a beta of 1.42. The company has a debt-to-equity ratio of 3.94, a quick ratio of 1.15 and a current ratio of 1.15.

Institutional Investors Weigh In On HomeStreet

Several large investors have recently bought and sold shares of the business. State Street Corp increased its position in HomeStreet by 0.3% in the third quarter. State Street Corp now owns 422,031 shares of the financial services provider’s stock worth $6,651,000 after purchasing an additional 1,083 shares during the last quarter. EMC Capital Management increased its position in HomeStreet by 16.2% in the first quarter. EMC Capital Management now owns 8,613 shares of the financial services provider’s stock worth $130,000 after purchasing an additional 1,201 shares during the last quarter. Price T Rowe Associates Inc. MD increased its position in HomeStreet by 10.3% in the first quarter. Price T Rowe Associates Inc. MD now owns 14,446 shares of the financial services provider’s stock worth $218,000 after purchasing an additional 1,354 shares during the last quarter. Vanguard Personalized Indexing Management LLC increased its position in HomeStreet by 23.2% in the second quarter. Vanguard Personalized Indexing Management LLC now owns 14,350 shares of the financial services provider’s stock worth $164,000 after purchasing an additional 2,703 shares during the last quarter. Finally, Bank of New York Mellon Corp increased its position in HomeStreet by 4.6% in the second quarter. Bank of New York Mellon Corp now owns 70,950 shares of the financial services provider’s stock worth $809,000 after purchasing an additional 3,113 shares during the last quarter. Institutional investors own 74.71% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have weighed in on HMST shares. Janney Montgomery Scott downgraded shares of HomeStreet from a “strong-buy” rating to a “hold” rating in a report on Wednesday, October 30th. StockNews.com assumed coverage on shares of HomeStreet in a report on Sunday, September 22nd. They issued a “sell” rating on the stock. Finally, Wedbush raised shares of HomeStreet from a “neutral” rating to an “outperform” rating and set a $12.00 target price on the stock in a report on Tuesday, November 5th.

HomeStreet Company Profile

HomeStreet, Inc operates as the bank holding company for HomeStreet Bank that provides commercial, mortgage, and consumer/retail banking services in the Western United States. The company offers personal and business checking, savings, interest-bearing negotiable order of withdrawal, and money market accounts, as well as certificates of deposit; credit cards; insurance; and treasury management services.