Ameriprise Financial Inc. boosted its holdings in shares of HomeStreet Inc (NASDAQ:HMST) by 3.1% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 514,127 shares of the financial services provider’s stock after acquiring an additional 15,229 shares during the period. Ameriprise Financial Inc. owned about 1.91% of HomeStreet worth $13,881,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in HMST. Victory Capital Management Inc. raised its position in HomeStreet by 120.1% during the second quarter. Victory Capital Management Inc. now owns 812,090 shares of the financial services provider’s stock worth $22,475,000 after acquiring an additional 443,105 shares during the last quarter. Dimensional Fund Advisors LP grew its holdings in shares of HomeStreet by 12.2% during the second quarter. Dimensional Fund Advisors LP now owns 2,214,492 shares of the financial services provider’s stock worth $61,286,000 after buying an additional 240,299 shares in the last quarter. BlackRock Inc. grew its holdings in shares of HomeStreet by 6.8% during the second quarter. BlackRock Inc. now owns 3,397,800 shares of the financial services provider’s stock worth $94,035,000 after buying an additional 215,443 shares in the last quarter. Boston Partners grew its holdings in shares of HomeStreet by 43.4% during the third quarter. Boston Partners now owns 386,440 shares of the financial services provider’s stock worth $10,434,000 after buying an additional 116,940 shares in the last quarter. Finally, Vanguard Group Inc. grew its holdings in shares of HomeStreet by 8.9% during the second quarter. Vanguard Group Inc. now owns 1,407,312 shares of the financial services provider’s stock worth $38,947,000 after buying an additional 115,204 shares in the last quarter. Institutional investors own 85.33% of the company’s stock.

HMST has been the subject of a number of recent research reports. Zacks Investment Research downgraded shares of HomeStreet from a “hold” rating to a “sell” rating in a report on Wednesday, October 4th. FBR & Co reiterated a “hold” rating and set a $30.00 price target on shares of HomeStreet in a report on Wednesday, October 25th. ValuEngine downgraded shares of HomeStreet from a “buy” rating to a “hold” rating in a report on Monday, October 2nd. BidaskClub downgraded shares of HomeStreet from a “buy” rating to a “hold” rating in a report on Thursday. Finally, B. Riley reiterated a “neutral” rating on shares of HomeStreet in a report on Wednesday, November 1st. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and one has given a buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average target price of $29.08.

Shares of HomeStreet Inc (HMST) opened at $29.05 on Friday. The company has a market cap of $794.78, a PE ratio of 19.56, a PEG ratio of 1.72 and a beta of 0.23. HomeStreet Inc has a twelve month low of $24.00 and a twelve month high of $33.00. The company has a current ratio of 0.87, a quick ratio of 0.73 and a debt-to-equity ratio of 0.19.

HomeStreet (NASDAQ:HMST) last issued its quarterly earnings results on Monday, October 23rd. The financial services provider reported $0.51 EPS for the quarter, topping analysts’ consensus estimates of $0.41 by $0.10. HomeStreet had a net margin of 6.68% and a return on equity of 6.08%. The business had revenue of $134.72 million during the quarter, compared to the consensus estimate of $129.90 million. During the same period in the previous year, the firm posted $1.12 earnings per share. research analysts predict that HomeStreet Inc will post 1.66 EPS for the current year.

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HomeStreet Profile

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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