Foundry Partners LLC raised its position in HomeStreet, Inc. (NASDAQ:HMST) by 1.1% during the second quarter, Holdings Channel reports. The fund owned 220,675 shares of the financial services provider’s stock after buying an additional 2,325 shares during the period. Foundry Partners LLC’s holdings in HomeStreet were worth $6,107,000 at the end of the most recent reporting period.

A number of other large investors have also made changes to their positions in HMST. Comerica Bank raised its stake in shares of HomeStreet by 13.3% in the first quarter. Comerica Bank now owns 28,119 shares of the financial services provider’s stock worth $754,000 after buying an additional 3,291 shares during the last quarter. Bank of New York Mellon Corp raised its stake in shares of HomeStreet by 6.2% in the first quarter. Bank of New York Mellon Corp now owns 384,520 shares of the financial services provider’s stock worth $10,747,000 after buying an additional 22,418 shares during the last quarter. State Board of Administration of Florida Retirement System raised its stake in shares of HomeStreet by 15.9% in the first quarter. State Board of Administration of Florida Retirement System now owns 57,125 shares of the financial services provider’s stock worth $1,597,000 after buying an additional 7,828 shares during the last quarter. LSV Asset Management raised its stake in shares of HomeStreet by 3.8% in the first quarter. LSV Asset Management now owns 157,267 shares of the financial services provider’s stock worth $4,395,000 after buying an additional 5,700 shares during the last quarter. Finally, Great West Life Assurance Co. Can raised its stake in shares of HomeStreet by 11.0% in the first quarter. Great West Life Assurance Co. Can now owns 34,091 shares of the financial services provider’s stock worth $951,000 after buying an additional 3,391 shares during the last quarter. Hedge funds and other institutional investors own 82.90% of the company’s stock.

Shares of HomeStreet, Inc. (NASDAQ HMST) opened at 24.90 on Friday. The firm has a market capitalization of $669.41 million, a price-to-earnings ratio of 12.94 and a beta of 0.05. HomeStreet, Inc. has a one year low of $22.85 and a one year high of $33.70. The stock’s 50 day moving average price is $26.94 and its 200 day moving average price is $26.97.

HomeStreet (NASDAQ:HMST) last posted its quarterly earnings data on Monday, July 24th. The financial services provider reported $0.42 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.60 by $0.18. The firm had revenue of $127.88 million for the quarter, compared to the consensus estimate of $143.41 million. HomeStreet had a return on equity of 8.10% and a net margin of 8.89%. During the same quarter in the previous year, the business posted $0.90 earnings per share. Analysts expect that HomeStreet, Inc. will post $1.56 EPS for the current fiscal year.

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A number of brokerages have commented on HMST. Zacks Investment Research lowered HomeStreet from a “hold” rating to a “strong sell” rating in a research report on Wednesday, July 12th. Keefe, Bruyette & Woods restated a “buy” rating and set a $31.00 price objective on shares of HomeStreet in a research report on Friday, June 2nd. BidaskClub lowered HomeStreet from a “hold” rating to a “sell” rating in a research report on Monday, July 24th. FIG Partners lowered HomeStreet from an “outperform” rating to a “market perform” rating in a research report on Friday, April 28th. Finally, ValuEngine lowered HomeStreet from a “buy” rating to a “hold” rating in a research report on Thursday, August 3rd. Two analysts have rated the stock with a sell rating, four have issued a hold rating and one has issued a buy rating to the company. The company has an average rating of “Hold” and an average price target of $29.45.

In related news, EVP William Endresen sold 1,000 shares of the stock in a transaction dated Tuesday, May 30th. The stock was sold at an average price of $27.38, for a total transaction of $27,380.00. Following the completion of the transaction, the executive vice president now directly owns 1,170 shares in the company, valued at $32,034.60. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. 7.59% of the stock is currently owned by company insiders.

About HomeStreet

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. The Company’s operating segments include Commercial and Consumer Banking, and Mortgage Banking.

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Institutional Ownership by Quarter for HomeStreet (NASDAQ:HMST)

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