Louisiana State Employees Retirement System boosted its stake in shares of HomeStreet, Inc. (NASDAQ:HMST) by 6.8% during the second quarter, according to its most recent 13F filing with the SEC. The firm owned 11,000 shares of the financial services provider’s stock after buying an additional 700 shares during the period. Louisiana State Employees Retirement System’s holdings in HomeStreet were worth $304,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently made changes to their positions in HMST. Teachers Advisors LLC boosted its position in shares of HomeStreet by 23.9% in the fourth quarter. Teachers Advisors LLC now owns 50,825 shares of the financial services provider’s stock valued at $1,606,000 after buying an additional 9,812 shares during the last quarter. Concorde Asset Management LLC purchased a new position in shares of HomeStreet during the first quarter valued at $1,324,000. Fisher Asset Management LLC boosted its position in shares of HomeStreet by 56.8% in the first quarter. Fisher Asset Management LLC now owns 67,187 shares of the financial services provider’s stock valued at $1,878,000 after buying an additional 24,346 shares during the last quarter. Northpointe Capital LLC boosted its position in shares of HomeStreet by 0.4% in the first quarter. Northpointe Capital LLC now owns 433,366 shares of the financial services provider’s stock valued at $12,113,000 after buying an additional 1,714 shares during the last quarter. Finally, Strs Ohio boosted its position in shares of HomeStreet by 25.0% in the first quarter. Strs Ohio now owns 175,000 shares of the financial services provider’s stock valued at $4,891,000 after buying an additional 35,000 shares during the last quarter. 85.31% of the stock is currently owned by hedge funds and other institutional investors.

HomeStreet, Inc. (NASDAQ:HMST) traded down 0.20% on Thursday, reaching $24.60. 120,218 shares of the company’s stock were exchanged. The company has a 50 day moving average price of $26.79 and a 200-day moving average price of $26.92. HomeStreet, Inc. has a 1-year low of $23.51 and a 1-year high of $33.70. The company has a market capitalization of $661.35 million, a PE ratio of 12.79 and a beta of 0.05.

HomeStreet (NASDAQ:HMST) last posted its quarterly earnings data on Monday, July 24th. The financial services provider reported $0.42 EPS for the quarter, missing analysts’ consensus estimates of $0.60 by $0.18. The company had revenue of $127.88 million for the quarter, compared to analysts’ expectations of $143.41 million. HomeStreet had a return on equity of 8.10% and a net margin of 8.89%. During the same quarter in the prior year, the business posted $0.90 EPS. On average, equities research analysts anticipate that HomeStreet, Inc. will post $1.56 earnings per share for the current year.

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HMST has been the topic of several recent research reports. FIG Partners cut shares of HomeStreet from an “outperform” rating to a “market perform” rating in a research report on Friday, April 28th. Zacks Investment Research cut shares of HomeStreet from a “hold” rating to a “sell” rating in a research report on Wednesday, May 3rd. Keefe, Bruyette & Woods reissued a “buy” rating and set a $31.00 price target on shares of HomeStreet in a research report on Friday, June 2nd. BidaskClub cut shares of HomeStreet from a “hold” rating to a “sell” rating in a research report on Monday, July 24th. Finally, ValuEngine cut shares of HomeStreet from a “buy” rating to a “hold” rating in a research report on Thursday, August 3rd. Two analysts have rated the stock with a sell rating, four have assigned a hold rating and one has issued a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus price target of $29.45.

In other HomeStreet news, EVP William Endresen sold 1,000 shares of the firm’s stock in a transaction dated Tuesday, May 30th. The stock was sold at an average price of $27.38, for a total value of $27,380.00. Following the sale, the executive vice president now directly owns 1,170 shares of the company’s stock, valued at approximately $32,034.60. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Company insiders own 7.59% of the company’s stock.

About HomeStreet

HomeStreet, Inc is a financial services company serving customers primarily in the western United States, including Hawaii. The Company is principally engaged in real estate lending, including mortgage banking activities, and commercial and consumer banking. The Company’s operating segments include Commercial and Consumer Banking, and Mortgage Banking.

Institutional Ownership by Quarter for HomeStreet (NASDAQ:HMST)

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