Maltese Capital Management LLC acquired a new stake in HomeStreet Inc (NASDAQ:HMST) during the third quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 95,000 shares of the financial services provider’s stock, valued at approximately $2,565,000. Maltese Capital Management LLC owned approximately 0.35% of HomeStreet as of its most recent filing with the SEC.

Several other hedge funds also recently modified their holdings of the stock. Comerica Bank raised its stake in shares of HomeStreet by 2.1% in the 2nd quarter. Comerica Bank now owns 28,709 shares of the financial services provider’s stock valued at $795,000 after acquiring an additional 590 shares in the last quarter. Louisiana State Employees Retirement System raised its stake in shares of HomeStreet by 6.8% in the 2nd quarter. Louisiana State Employees Retirement System now owns 11,000 shares of the financial services provider’s stock valued at $304,000 after acquiring an additional 700 shares in the last quarter. Arizona State Retirement System raised its stake in shares of HomeStreet by 7.6% in the 2nd quarter. Arizona State Retirement System now owns 14,122 shares of the financial services provider’s stock valued at $391,000 after acquiring an additional 1,000 shares in the last quarter. California State Teachers Retirement System raised its stake in shares of HomeStreet by 2.2% in the 2nd quarter. California State Teachers Retirement System now owns 51,359 shares of the financial services provider’s stock valued at $1,421,000 after acquiring an additional 1,100 shares in the last quarter. Finally, California Public Employees Retirement System raised its stake in shares of HomeStreet by 2.7% in the 2nd quarter. California Public Employees Retirement System now owns 45,200 shares of the financial services provider’s stock valued at $1,251,000 after acquiring an additional 1,200 shares in the last quarter. 85.33% of the stock is currently owned by institutional investors and hedge funds.

HomeStreet Inc (NASDAQ HMST) opened at $29.35 on Friday. The company has a quick ratio of 0.73, a current ratio of 0.87 and a debt-to-equity ratio of 0.19. The company has a market capitalization of $807.88, a P/E ratio of 20.58, a price-to-earnings-growth ratio of 1.81 and a beta of 0.23. HomeStreet Inc has a 1 year low of $24.00 and a 1 year high of $33.70.

HomeStreet (NASDAQ:HMST) last issued its quarterly earnings results on Monday, October 23rd. The financial services provider reported $0.51 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.41 by $0.10. The company had revenue of $134.72 million for the quarter, compared to the consensus estimate of $129.90 million. HomeStreet had a return on equity of 8.36% and a net margin of 10.27%. During the same period in the previous year, the business posted $1.12 EPS. equities analysts anticipate that HomeStreet Inc will post 1.66 earnings per share for the current year.

HMST has been the topic of a number of recent analyst reports. FBR & Co reissued a “hold” rating and issued a $30.00 price objective on shares of HomeStreet in a research note on Wednesday, October 25th. Zacks Investment Research raised HomeStreet from a “strong sell” rating to a “hold” rating in a research note on Wednesday, September 27th. ValuEngine raised HomeStreet from a “hold” rating to a “buy” rating in a research note on Tuesday, September 26th. Finally, B. Riley reissued a “neutral” rating on shares of HomeStreet in a research note on Wednesday, November 1st. Two equities research analysts have rated the stock with a sell rating, four have issued a hold rating and one has assigned a buy rating to the stock. HomeStreet currently has a consensus rating of “Hold” and a consensus price target of $29.08.

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HomeStreet Company Profile

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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