HomeTown Bankshares (NASDAQ:HMTA) was downgraded by investment analysts at ValuEngine from a “hold” rating to a “sell” rating in a research note issued on Wednesday.

Shares of HomeTown Bankshares stock opened at $13.97 on Wednesday. The stock has a market cap of $82.85 million, a PE ratio of 20.67 and a beta of -0.50. HomeTown Bankshares has a twelve month low of $10.90 and a twelve month high of $16.50. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 0.37.

Large investors have recently added to or reduced their stakes in the business. InterOcean Capital LLC boosted its position in HomeTown Bankshares by 188.8% in the second quarter. InterOcean Capital LLC now owns 46,320 shares of the financial services provider’s stock valued at $651,000 after buying an additional 30,280 shares in the last quarter. Macnealy Hoover Investment Management Inc. acquired a new position in HomeTown Bankshares in the third quarter valued at about $186,000. Captrust Financial Advisors boosted its position in HomeTown Bankshares by 77.2% in the third quarter. Captrust Financial Advisors now owns 8,860 shares of the financial services provider’s stock valued at $119,000 after buying an additional 3,860 shares in the last quarter. Finally, Alliancebernstein L.P. boosted its position in HomeTown Bankshares by 12.4% in the third quarter. Alliancebernstein L.P. now owns 56,251 shares of the financial services provider’s stock valued at $754,000 after buying an additional 6,226 shares in the last quarter. Hedge funds and other institutional investors own 36.42% of the company’s stock.

HomeTown Bankshares Company 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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