HYNE (NASDAQ:HYNE) Releases Quarterly Earnings Results

HYNE (NASDAQ:HYNE) issued its earnings results on Tuesday. The company reported $0.02 EPS for the quarter, FiscalAI reports. The firm had revenue of $4.94 million for the quarter. HYNE had a return on equity of 0.18% and a net margin of 1.14%.

HYNE Stock Down 1.6%

Shares of HYNE stock traded down $0.31 on Thursday, reaching $18.54. The company’s stock had a trading volume of 18,138 shares, compared to its average volume of 19,571. The company has a market capitalization of $150.12 million and a P/E ratio of -1,854.00. The stock has a 50-day moving average price of $17.21 and a 200-day moving average price of $16.03. HYNE has a 52-week low of $13.35 and a 52-week high of $19.29.

Institutional Investors Weigh In On HYNE

A number of institutional investors have recently added to or reduced their stakes in HYNE. Graham Capital Wealth Management LLC raised its position in HYNE by 7.2% during the third quarter. Graham Capital Wealth Management LLC now owns 188,292 shares of the company’s stock worth $3,126,000 after acquiring an additional 12,656 shares during the period. Marquette Asset Management LLC acquired a new stake in shares of HYNE in the second quarter valued at about $223,000. Finally, Northwestern Mutual Wealth Management Co. acquired a new stake in shares of HYNE in the second quarter valued at about $50,000.

Analyst Ratings Changes

Separately, Weiss Ratings upgraded HYNE from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Tuesday, September 1st. One analyst has rated the stock with a Sell rating. According to MarketBeat.com, the company presently has a consensus rating of “Sell”.

HYNE Company Profile

Hoyne Bancorp Inc. focuses on operating as the bank holding company for Hoyne Savings Bank which provides various financial products and services. Hoyne Bancorp Inc. is based in Chicago, Illinois.