BlackRock Inc. trimmed its stake in shares of HMN Financial, Inc. (NASDAQ:HMNF) by 4.9% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 34,083 shares of the bank’s stock after selling 1,769 shares during the period. BlackRock Inc. owned about 0.70% of HMN Financial worth $716,000 as of its most recent SEC filing.
Separately, Acadian Asset Management LLC lifted its stake in HMN Financial by 24.1% in the 2nd quarter. Acadian Asset Management LLC now owns 4,298 shares of the bank’s stock worth $90,000 after acquiring an additional 835 shares in the last quarter. Institutional investors own 41.73% of the company’s stock.
Separately, ValuEngine raised HMN Financial from a “sell” rating to a “hold” rating in a research note on Tuesday, October 15th.
Shares of HMN Financial stock opened at $20.72 on Tuesday. The stock has a 50-day moving average price of $21.55 and a 200 day moving average price of $21.43. The company has a market cap of $100.32 million, a P/E ratio of 10.73 and a beta of 0.19. HMN Financial, Inc. has a 1 year low of $18.45 and a 1 year high of $23.34.
HMN Financial (NASDAQ:HMNF) last announced its quarterly earnings data on Thursday, October 17th. The bank reported $0.45 earnings per share (EPS) for the quarter. The firm had revenue of $9.32 million during the quarter. HMN Financial had a return on equity of 10.39% and a net margin of 22.44%.
About HMN Financial
HMN Financial, Inc operates as a bank holding company for Home Federal Savings Bank that provides retail banking products and services. The company offers various deposit accounts, such as savings, negotiable order of withdrawal, non-interest bearing checking, money market, and certificate accounts, including individual retirement accounts.
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