Shares of HomeStreet Inc. (NASDAQ:HMST) reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as $25.73 and last traded at $25.67, with a volume of 51,642 shares traded. The stock had previously closed at $25.12.

HMST has been the subject of several recent research reports. Zacks Investment Research downgraded 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 target price on shares of HomeStreet in a research note on Wednesday, July 27th.

The firm has a market capitalization of $640.51 million and a PE ratio of 12.89. The firm has a 50-day moving average of $22.75 and a 200-day moving average of $21.09.

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

In related news, Director Richard W. H. Bennion sold 5,334 shares of the company’s stock in a transaction dated Wednesday, June 1st. The shares were sold at an average price of $20.42, for a total value of $108,920.28. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink.

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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