Mangrove Partners IM LLC Acquires New Holdings in HYNE $HYNE

Mangrove Partners IM LLC acquired a new position in HYNE (NASDAQ:HYNE) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 94,435 shares of the company’s stock, valued at approximately $1,368,000. Mangrove Partners IM LLC owned about 1.17% of HYNE as of its most recent SEC filing.

Other institutional investors have also recently modified their holdings of the company. HRT Financial LP purchased a new position in shares of HYNE in the fourth quarter worth about $205,000. Harbor Advisors LLC purchased a new position in HYNE during the fourth quarter valued at approximately $217,000. Jane Street Group LLC purchased a new position in HYNE during the fourth quarter valued at approximately $307,000. Cerity Partners LLC purchased a new position in HYNE during the fourth quarter valued at approximately $455,000. Finally, Marshall Wace LLP purchased a new position in HYNE during the fourth quarter valued at approximately $531,000.

Wall Street Analyst Weigh In

Several brokerages recently weighed in on HYNE. Weiss Ratings upgraded HYNE from a “sell (e)” rating to a “sell (e+)” rating in a research report on Thursday, June 11th. Wall Street Zen upgraded HYNE from a “sell” rating to a “hold” rating in a research report on Saturday, June 6th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock currently has an average rating of “Sell”.

Insider Activity at HYNE

In other HYNE news, CEO Walter F. Healy acquired 1,537 shares of the business’s stock in a transaction dated Thursday, June 11th. The stock was acquired at an average cost of $16.28 per share, for a total transaction of $25,022.36. Following the completion of the transaction, the chief executive officer directly owned 15,821 shares of the company’s stock, valued at $257,565.88. This represents a 10.76% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Insiders purchased 1,998 shares of company stock valued at $32,267 in the last three months. 3.20% of the stock is owned by insiders.

HYNE Stock Performance

Shares of HYNE stock opened at $16.44 on Wednesday. The firm’s 50 day moving average is $15.86. The stock has a market capitalization of $133.16 million and a PE ratio of -822.00. HYNE has a twelve month low of $13.35 and a twelve month high of $16.50.

HYNE (NASDAQ:HYNE) last announced its quarterly 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 during the quarter.

About HYNE

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.