HomeStreet Inc. (NASDAQ:HMST)’s share price hit a new 52-week high during trading on Tuesday . The company traded as high as $24.60 and last traded at $24.53, with a volume of 100,802 shares traded. The stock had previously closed at $24.08.

A number of equities analysts have commented on HMST shares. Zacks Investment Research cut HomeStreet from a “buy” rating to a “hold” rating in a research note on Thursday, April 28th. FBR & Co reaffirmed a “buy” rating and issued a $29.00 price target on shares of HomeStreet in a research note on Wednesday, July 27th.

The company has a 50-day moving average price of $22.06 and a 200 day moving average price of $20.88. The company has a market cap of $613.70 million and a price-to-earnings ratio of 12.35.

HomeStreet (NASDAQ:HMST) last released its earnings results on Monday, July 25th. The company reported $0.90 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.68 by $0.22. During the same period in the previous year, the firm posted $0.65 EPS. Equities analysts predict that HomeStreet Inc. will post $2.27 earnings per share for the current fiscal year.

In related news, Director Richard W. H. Bennion sold 5,334 shares of the stock in a transaction dated Wednesday, June 1st. The stock was sold at an average price of $20.42, for a total transaction of $108,920.28. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.

An institutional investor recently raised its position in HomeStreet stock. Kayne Anderson Capital Advisors LP raised its stake in HomeStreet Inc. (NASDAQ:HMST) by 34.0% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 130,166 shares of the company’s stock after buying an additional 33,000 shares during the period. Kayne Anderson Capital Advisors LP owned 0.59% of HomeStreet worth $2,824,000 at the end of the most recent reporting period.

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. Its operating segments include Commercial and Consumer Banking, and Mortgage Banking.

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