HYNE (NASDAQ:HYNE) Issues Quarterly Earnings Results

HYNE (NASDAQ:HYNE) issued its earnings results on Tuesday. The company reported ($0.02) earnings per share for the quarter, Zacks reports. The company had revenue of $4.48 million for the quarter.

HYNE Price Performance

Shares of HYNE stock opened at $15.55 on Wednesday. The stock has a 50-day moving average price of $15.12. HYNE has a 12 month low of $13.35 and a 12 month high of $16.14.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. HRT Financial LP acquired a new stake in shares of HYNE during the fourth quarter worth about $205,000. Jane Street Group LLC acquired a new position in shares of HYNE in the 4th quarter valued at approximately $307,000. Raffles Associates LP bought a new stake in HYNE during the 4th quarter worth approximately $346,000. Cerity Partners LLC bought a new stake in HYNE during the 4th quarter worth approximately $455,000. Finally, Marshall Wace LLP acquired a new stake in HYNE during the 4th quarter worth approximately $531,000.

Wall Street Analyst Weigh In

Several brokerages recently weighed in on HYNE. Wall Street Zen downgraded HYNE from a “hold” rating to a “sell” rating in a research note on Monday, April 6th. Weiss Ratings initiated coverage on shares of HYNE in a research note on Tuesday, March 3rd. They issued a “sell (e)” rating on the stock. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company currently has a consensus rating of “Sell”.

HYNE Company Profile

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.