HomeStreet Inc (NASDAQ:HMST) EVP Mary L. Vincent sold 8,459 shares of the stock in a transaction on Tuesday, August 28th. The stock was sold at an average price of $29.57, for a total value of $250,132.63. Following the transaction, the executive vice president now directly owns 14,123 shares in the company, valued at approximately $417,617.11. The transaction was disclosed in a filing with the SEC, which is available at this link.

Shares of NASDAQ HMST traded up $0.60 during mid-day trading on Friday, reaching $29.30. 3,590 shares of the company were exchanged, compared to its average volume of 75,128. The company has a debt-to-equity ratio of 1.65, a current ratio of 1.06 and a quick ratio of 0.96. The stock has a market capitalization of $780.98 million, a P/E ratio of 17.11, a price-to-earnings-growth ratio of 1.89 and a beta of 0.39. HomeStreet Inc has a 1 year low of $24.20 and a 1 year high of $32.60.

HomeStreet (NASDAQ:HMST) last issued its quarterly earnings data on Monday, July 23rd. The financial services provider reported $0.46 earnings per share for the quarter, topping analysts’ consensus estimates of $0.35 by $0.11. The firm had revenue of $120.39 million during the quarter, compared to analysts’ expectations of $119.61 million. HomeStreet had a return on equity of 6.66% and a net margin of 11.40%. During the same period in the prior year, the business posted $0.42 EPS. equities research analysts anticipate that HomeStreet Inc will post 1.53 earnings per share for the current fiscal year.

A number of equities analysts have recently issued reports on HMST shares. Zacks Investment Research raised HomeStreet from a “sell” rating to a “hold” rating in a research report on Wednesday, July 4th. ValuEngine downgraded HomeStreet from a “buy” rating to a “hold” rating in a research report on Saturday, June 2nd. BidaskClub raised HomeStreet from a “sell” rating to a “hold” rating in a research report on Wednesday, July 25th. Finally, B. Riley increased their price target on HomeStreet from $35.00 to $36.00 and gave the stock a “buy” rating in a research report on Wednesday, July 25th. Five equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus target price of $31.33.

Several hedge funds and other institutional investors have recently modified their holdings of the stock. California Public Employees Retirement System lifted its stake in shares of HomeStreet by 27.7% during the 2nd quarter. California Public Employees Retirement System now owns 70,880 shares of the financial services provider’s stock worth $1,910,000 after purchasing an additional 15,384 shares during the last quarter. Tower Research Capital LLC TRC purchased a new stake in shares of HomeStreet during the 2nd quarter worth $451,000. Paloma Partners Management Co purchased a new stake in shares of HomeStreet during the 2nd quarter worth $253,000. Bank of America Corp DE lifted its stake in shares of HomeStreet by 4.9% during the 2nd quarter. Bank of America Corp DE now owns 55,155 shares of the financial services provider’s stock worth $1,487,000 after purchasing an additional 2,584 shares during the last quarter. Finally, OppenheimerFunds Inc. lifted its stake in shares of HomeStreet by 16.1% during the 2nd quarter. OppenheimerFunds Inc. now owns 12,934 shares of the financial services provider’s stock worth $349,000 after purchasing an additional 1,795 shares during the last quarter. Hedge funds and other institutional investors own 81.18% of the company’s stock.

HomeStreet Company Profile

HomeStreet, Inc, together with its subsidiaries, provides various financial services primarily in the Pacific Northwest, California, and Hawaii. The company operates in two segments, Commercial and Consumer Banking, and Mortgage Banking. The Commercial and Consumer Banking segment offers deposit products; non-deposit investment products; and insurance products and cash management services.

Featured Story: Hedge Funds – Risk or Reward?

Insider Buying and Selling by Quarter for HomeStreet (NASDAQ:HMST)

Receive News & Ratings for HomeStreet Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for HomeStreet and related companies with MarketBeat.com's FREE daily email newsletter.