FJ Capital Management LLC Makes New Investment in HYNE $HYNE

FJ Capital Management LLC acquired a new stake in HYNE (NASDAQ:HYNE) during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm acquired 261,000 shares of the company’s stock, valued at approximately $3,782,000. FJ Capital Management LLC owned about 3.22% of HYNE as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in HYNE. HRT Financial LP acquired a new stake in shares of HYNE in the fourth quarter valued at approximately $205,000. Harbor Advisors LLC acquired a new stake in shares of HYNE in the fourth quarter valued at approximately $217,000. Jane Street Group LLC acquired a new stake in shares of HYNE in the fourth quarter valued at approximately $307,000. Cerity Partners LLC acquired a new stake in shares of HYNE in the fourth quarter valued at approximately $455,000. Finally, Marshall Wace LLP acquired a new stake in shares of HYNE in the fourth quarter valued at approximately $531,000.

Wall Street Analyst Weigh In

A number of research firms have recently issued reports on HYNE. Wall Street Zen upgraded shares of HYNE from a “sell” rating to a “hold” rating in a report on Saturday, June 6th. Weiss Ratings upgraded shares of HYNE from a “sell (e)” rating to a “sell (e+)” rating in a report on Thursday. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock currently has an average rating of “Sell”.

Insiders Place Their Bets

In other news, CEO Walter F. Healy bought 1,537 shares of the stock in a transaction that occurred on Thursday, June 11th. The shares were acquired at an average cost of $16.28 per share, for a total transaction of $25,022.36. Following the completion of the acquisition, the chief executive officer owned 15,821 shares in the company, valued at approximately $257,565.88. This represents a 10.76% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which can be accessed through the SEC website. Insiders have acquired 1,998 shares of company stock worth $32,267 in the last 90 days. 3.20% of the stock is currently owned by insiders.

HYNE Price Performance

NASDAQ HYNE opened at $16.26 on Friday. HYNE has a 12-month low of $13.35 and a 12-month high of $16.35. The firm has a market capitalization of $131.71 million and a P/E ratio of -813.00. The firm has a 50 day simple moving average of $15.80.

HYNE (NASDAQ:HYNE) last issued its earnings results on Tuesday, May 12th. The company reported ($0.02) earnings per share for the quarter. The company had revenue of $4.48 million for the quarter.

HYNE Company Profile

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.