Wall Street Zen Upgrades HYNE (NASDAQ:HYNE) to “Hold”

HYNE (NASDAQ:HYNE) was upgraded by analysts at Wall Street Zen from a “sell” rating to a “hold” rating in a report issued on Sunday.

Separately, Weiss Ratings initiated coverage on HYNE in a report on Tuesday, March 3rd. They issued a “sell (e)” rating for the company. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock presently has an average rating of “Sell”.

HYNE Stock Down 0.5%

NASDAQ HYNE opened at $14.32 on Friday. The business has a fifty day moving average of $14.43. HYNE has a fifty-two week low of $13.35 and a fifty-two week high of $14.90.

Hedge Funds Weigh In On HYNE

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. XTX Topco Ltd acquired a new stake in HYNE during the 4th quarter valued at $564,000. Raffles Associates LP bought a new stake in HYNE in the fourth quarter valued at about $346,000. Mangrove Partners IM LLC bought a new stake in shares of HYNE in the 4th quarter valued at approximately $1,368,000. FJ Capital Management LLC acquired a new position in shares of HYNE in the 4th quarter valued at about $3,782,000. Finally, Marshall Wace LLP acquired a new stake in shares of HYNE during the 4th quarter worth approximately $531,000.

About HYNE

Hoyne Bancorp Inc focuses on operating as the bank holding company for Hoyne Savings Bank which provides various financial products and services. Hoyne Bancorp Inc is based in Chicago, Illinois.