Icon Advisers Inc. Co. maintained its position in shares of HomeStreet, Inc. (NASDAQ:HMST) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 20,000 shares of the financial services provider’s stock at the close of the 2nd quarter. Icon Advisers Inc. Co. owned approximately 0.07% of HomeStreet worth $553,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in HMST. Teachers Advisors LLC boosted its holdings in shares of HomeStreet by 23.9% in the 4th 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. Louisiana State Employees Retirement System boosted its holdings in shares of HomeStreet by 9.6% in the 1st quarter. Louisiana State Employees Retirement System now owns 10,300 shares of the financial services provider’s stock valued at $288,000 after buying an additional 900 shares during the last quarter. Great West Life Assurance Co. Can boosted its holdings in shares of HomeStreet by 11.0% in the 1st quarter. Great West Life Assurance Co. Can now owns 34,091 shares of the financial services provider’s stock valued at $951,000 after buying an additional 3,391 shares during the last quarter. State Board of Administration of Florida Retirement System boosted its holdings in shares of HomeStreet by 15.9% in the 1st quarter. State Board of Administration of Florida Retirement System now owns 57,125 shares of the financial services provider’s stock valued at $1,597,000 after buying an additional 7,828 shares during the last quarter. Finally, Bank of New York Mellon Corp boosted its holdings in shares of HomeStreet by 6.2% in the 1st quarter. Bank of New York Mellon Corp now owns 384,520 shares of the financial services provider’s stock valued at $10,747,000 after buying an additional 22,418 shares during the last quarter. 83.89% of the stock is owned by institutional investors.

Shares of HomeStreet, Inc. (NASDAQ:HMST) opened at 25.60 on Tuesday. HomeStreet, Inc. has a one year low of $24.00 and a one year high of $33.70. The firm’s 50-day moving average price is $25.26 and its 200 day moving average price is $26.67. The firm has a market cap of $688.23 million, a P/E ratio of 13.31 and a beta of 0.07.

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

Several research firms have recently commented on HMST. Zacks Investment Research downgraded HomeStreet from a “hold” rating to a “strong sell” rating in a report on Wednesday, July 12th. BidaskClub raised HomeStreet from a “sell” rating to a “hold” rating in a report on Tuesday, August 1st. Keefe, Bruyette & Woods reissued a “buy” rating and issued a $31.00 price objective on shares of HomeStreet in a report on Friday, June 2nd. ValuEngine downgraded HomeStreet from a “buy” rating to a “hold” rating in a report on Thursday, August 3rd. Finally, FIG Partners reissued a “market perform” rating and issued a $26.25 price objective (down previously from $29.25) on shares of HomeStreet in a report on Thursday, July 27th. Two investment analysts have rated the stock with a sell rating, three have issued a hold rating and one has issued a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average price target of $29.56.

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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.

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Institutional Ownership by Quarter for HomeStreet (NASDAQ:HMST)

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