HomeStreet Inc. (NASDAQ:HMST) traded up 1.3% during trading on Wednesday . The stock traded as high as $25.09 and last traded at $25.07, with a volume of 327,317 shares changing hands. The stock had previously closed at $24.74.

Several research firms have recently weighed in on HMST. Zacks Investment Research cut shares of HomeStreet from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, July 12th. FBR & Co reiterated a “buy” rating and issued a $29.00 price target on shares of HomeStreet in a research note on Wednesday, July 27th.

The firm’s 50 day moving average price is $22.30 and its 200-day moving average price is $20.95. The company has a market cap of $622.39 million and a P/E ratio of 12.52.

HomeStreet (NASDAQ:HMST) last issued its quarterly earnings data on Monday, July 25th. The company reported $0.90 earnings per share for the quarter, topping analysts’ consensus estimates of $0.68 by $0.22. During the same period in the previous year, the firm earned $0.65 EPS. Analysts anticipate that HomeStreet Inc. will post $2.27 earnings per share for the current year.

In other 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 value of $108,920.28. The sale was disclosed in a document filed with the SEC, which is available through this link.

An institutional investor recently raised its position in HomeStreet stock. Royce & Associates LLC boosted its stake in shares of HomeStreet Inc. (NASDAQ:HMST) by 97.5% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 87,300 shares of the company’s stock after buying an additional 43,100 shares during the period. Royce & Associates LLC owned 0.40% of HomeStreet worth $1,895,000 as of its most recent SEC filing.

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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