InterOcean Capital LLC boosted its stake in shares of HomeTown Bankshares Corp (NASDAQ:HMTA) by 188.8% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 46,320 shares of the financial services provider’s stock after purchasing an additional 30,280 shares during the period. InterOcean Capital LLC’s holdings in HomeTown Bankshares were worth $651,000 at the end of the most recent reporting period.

Separately, Highlander Capital Management LLC bought a new position in HomeTown Bankshares during the first quarter valued at approximately $267,000. 36.01% of the stock is currently owned by institutional investors and hedge funds.

Shares of HomeTown Bankshares stock opened at $13.94 on Friday. The company has a market cap of $80.07 million, a P/E ratio of 22.22 and a beta of -0.41. HomeTown Bankshares Corp has a twelve month low of $10.80 and a twelve month high of $15.79. The company has a debt-to-equity ratio of 0.44, a quick ratio of 1.00 and a current ratio of 1.00.

The business also recently disclosed a quarterly dividend, which was paid on Friday, August 31st. Investors of record on Wednesday, August 15th were given a dividend of $0.04 per share. The ex-dividend date was Tuesday, August 14th. This represents a $0.16 dividend on an annualized basis and a yield of 1.15%.

HomeTown Bankshares Profile

HomeTown Bankshares Corporation operates as the bank holding company for HomeTown Bank that provides retail and commercial banking products and services in the United States. It offers various deposit products, such as checking accounts, savings and time deposits, daily money market accounts, longer-term certificates of deposit, and individual retirement accounts.

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Institutional Ownership by Quarter for HomeTown Bankshares (NASDAQ:HMTA)

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