HYNE (NASDAQ:HYNE) Stock Rating Lowered by Wall Street Zen

HYNE (NASDAQ:HYNE) was downgraded by equities research analysts at Wall Street Zen from a “hold” rating to a “sell” rating in a research report issued on Monday.

Separately, Weiss Ratings began coverage on shares of HYNE in a report on Tuesday, March 3rd. They set a “sell (e)” rating for the company. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company presently has a consensus rating of “Sell”.

HYNE Price Performance

Shares of NASDAQ:HYNE opened at $14.96 on Monday. HYNE has a 12-month low of $13.35 and a 12-month high of $15.00. The firm has a 50 day moving average of $14.45.

Institutional Investors Weigh In On HYNE

A number of institutional investors have recently modified their holdings of HYNE. FJ Capital Management LLC acquired a new position in HYNE in the 4th quarter worth about $3,782,000. Mangrove Partners IM LLC acquired a new stake in HYNE in the fourth quarter valued at approximately $1,368,000. Peapod Lane Capital LLC acquired a new stake in HYNE in the fourth quarter valued at approximately $1,021,000. Gamco Investors INC. ET AL purchased a new stake in shares of HYNE in the fourth quarter valued at approximately $932,000. Finally, XTX Topco Ltd purchased a new stake in shares of HYNE in the fourth quarter valued at approximately $564,000.

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.