HYNE (NASDAQ:HYNE) Releases Quarterly Earnings Results

HYNE (NASDAQ:HYNE) issued its quarterly earnings results on Tuesday. The company reported ($0.02) earnings per share for the quarter, Zacks reports.

HYNE Stock Performance

HYNE stock traded down $0.04 during midday trading on Tuesday, reaching $15.61. The company’s stock had a trading volume of 14,623 shares, compared to its average volume of 42,817. HYNE has a fifty-two week low of $13.35 and a fifty-two week high of $16.14. The company’s 50 day simple moving average is $15.10.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on the company. Weiss Ratings assumed coverage on HYNE in a report on Tuesday, March 3rd. They set a “sell (e)” rating for the company. Wall Street Zen downgraded HYNE from a “hold” rating to a “sell” rating in a report on Monday, April 6th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company has an average rating of “Sell”.

Institutional Investors Weigh In On HYNE

Hedge funds and other institutional investors have recently bought and sold shares of the business. HRT Financial LP acquired a new stake in HYNE in the fourth quarter valued at $205,000. Jane Street Group LLC acquired a new stake in HYNE in the fourth quarter valued at $307,000. Raffles Associates LP acquired a new stake in HYNE in the fourth quarter valued at $346,000. Cerity Partners LLC acquired a new stake in HYNE in the fourth quarter valued at $455,000. Finally, Marshall Wace LLP acquired a new stake in HYNE in the fourth quarter valued at $531,000.

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.