Mangrove Partners IM LLC acquired a new stake in HYNE (NASDAQ:HYNE – Free Report) in the fourth quarter, Holdings Channel.com reports. The firm acquired 94,435 shares of the company’s stock, valued at approximately $1,368,000.
A number of other institutional investors and hedge funds have also made changes to their positions in HYNE. Peapod Lane Capital LLC purchased a new stake in shares of HYNE in the fourth quarter valued at approximately $1,021,000. Harbor Advisors LLC purchased a new stake in shares of HYNE in the fourth quarter valued at approximately $217,000. Gamco Investors INC. ET AL purchased a new stake in shares of HYNE in the fourth quarter valued at approximately $932,000. Cerity Partners LLC acquired a new stake in shares of HYNE in the fourth quarter worth approximately $455,000. Finally, HRT Financial LP acquired a new stake in shares of HYNE in the fourth quarter worth approximately $205,000.
Analysts Set New Price Targets
A number of analysts have recently issued reports on the company. Wall Street Zen raised HYNE from a “sell” rating to a “hold” rating in a research note on Saturday, June 6th. Weiss Ratings raised HYNE from a “sell (e)” rating to a “sell (e+)” rating in a research note on Thursday, June 11th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock currently has an average rating of “Sell”.
HYNE Price Performance
NASDAQ HYNE opened at $16.44 on Wednesday. The stock’s fifty day moving average is $15.86. The firm has a market capitalization of $133.16 million and a price-to-earnings ratio of -822.00. HYNE has a fifty-two week low of $13.35 and a fifty-two week high of $16.50.
HYNE (NASDAQ:HYNE – Get Free Report) last released its quarterly earnings data on Tuesday, May 12th. The company reported ($0.02) earnings per share for the quarter. The business had revenue of $4.48 million during the quarter.
Insiders Place Their Bets
In related news, CEO Walter F. Healy acquired 1,537 shares of the stock in a transaction on Thursday, June 11th. The shares were bought at an average price of $16.28 per share, with a total value of $25,022.36. Following the completion of the purchase, the chief executive officer owned 15,821 shares of the company’s stock, valued at approximately $257,565.88. This represents a 10.76% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Insiders acquired a total of 1,998 shares of company stock worth $32,267 over the last quarter. Insiders own 3.20% of the company’s stock.
HYNE 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.
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