Curi RMB Capital LLC Sells 63,000 Shares of HomeStreet, Inc. (NASDAQ:HMST)

Curi RMB Capital LLC decreased its position in shares of HomeStreet, Inc. (NASDAQ:HMST) by 17.4% during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 300,000 shares of the financial services provider’s stock after selling 63,000 shares during the period. Curi RMB Capital LLC owned approximately 1.59% of HomeStreet worth $4,728,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Squarepoint Ops LLC bought a new position in HomeStreet during the 2nd quarter valued at about $122,000. EMC Capital Management raised its holdings in shares of HomeStreet by 16.2% in the first quarter. EMC Capital Management now owns 8,613 shares of the financial services provider’s stock worth $130,000 after buying an additional 1,201 shares during the period. Vanguard Personalized Indexing Management LLC lifted its stake in shares of HomeStreet by 23.2% during the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 14,350 shares of the financial services provider’s stock worth $164,000 after acquiring an additional 2,703 shares during the last quarter. Price T Rowe Associates Inc. MD boosted its holdings in HomeStreet by 10.3% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 14,446 shares of the financial services provider’s stock valued at $218,000 after acquiring an additional 1,354 shares during the period. Finally, Point72 Asia Singapore Pte. Ltd. bought a new position in HomeStreet in the 2nd quarter valued at $410,000. Hedge funds and other institutional investors own 74.71% of the company’s stock.

HomeStreet Stock Performance

Shares of HomeStreet stock opened at $11.62 on Friday. The company has a debt-to-equity ratio of 3.94, a quick ratio of 1.14 and a current ratio of 1.15. The stock’s fifty day moving average price is $13.89 and its 200-day moving average price is $12.68. HomeStreet, Inc. has a 12 month low of $5.98 and a 12 month high of $16.10.

Analyst Ratings Changes

HMST has been the subject of several research analyst reports. Keefe, Bruyette & Woods lifted their target price on HomeStreet from $13.50 to $14.50 and gave the stock a “market perform” rating in a research report on Tuesday, July 30th. Janney Montgomery Scott lowered shares of HomeStreet from a “strong-buy” rating to a “hold” rating in a report on Wednesday, October 30th. StockNews.com assumed coverage on shares of HomeStreet in a research note on Sunday, September 22nd. They issued a “sell” rating on the stock. Finally, Wedbush raised shares of HomeStreet from a “neutral” rating to an “outperform” rating and set a $12.00 target price on the stock in a research report on Tuesday, November 5th.

Insiders Place Their Bets

In other HomeStreet news, Director Paulette Lemon sold 2,401 shares of the company’s stock in a transaction on Friday, August 30th. The stock was sold at an average price of $15.59, for a total transaction of $37,431.59. Following the completion of the sale, the director now owns 16,923 shares in the company, valued at $263,829.57. This represents a 12.42 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. 4.60% of the stock is owned by company insiders.

HomeStreet Company Profile

HomeStreet, Inc operates as the bank holding company for HomeStreet Bank that provides commercial, mortgage, and consumer/retail banking services in the Western United States. The company offers personal and business checking, savings, interest-bearing negotiable order of withdrawal, and money market accounts, as well as certificates of deposit; credit cards; insurance; and treasury management services.