HYNE (NASDAQ:HYNE) Upgraded by Wall Street Zen to "Hold" Rating

Key Points

• Wall Street Zen upgraded HYNE (NASDAQ:HYNE) from a "sell" rating to a "hold" in a report released Sunday.
• Weiss Ratings initiated coverage with a "sell (e)" rating, and MarketBeat reports HYNE's consensus rating remains "Sell."
• HYNE opened at $14.39 and trades near its 50‑day moving average of $14.44 with a 52‑week range of $13.35 to $14.90, and several institutional investors took new stakes in the fourth quarter.

HYNE (NASDAQ:HYNE - Get Free Report) was upgraded by equities researchers at Wall Street Zen from a "sell" rating to a "hold" rating in a research report issued to clients and investors on Sunday.

Separately, Weiss Ratings began coverage on HYNE in a report 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 MarketBeat.com, HYNE presently has a consensus rating of "Sell".

HYNE Stock Performance

HYNE stock opened at $14.39 on Friday. The firm's 50 day moving average price is $14.44. HYNE has a one year low of $13.35 and a one year high of $14.90.

Institutional Investors Weigh In On HYNE

Hedge funds and other institutional investors have recently bought and sold shares of the stock. HRT Financial LP purchased a new stake in HYNE in the fourth quarter valued at $205,000. Harbor Advisors LLC purchased a new position in shares of HYNE during the fourth quarter worth about $217,000. Jane Street Group LLC acquired a new stake in shares of HYNE during the fourth quarter worth about $307,000. Raffles Associates LP acquired a new stake in shares of HYNE during the fourth quarter worth about $346,000. Finally, Cerity Partners LLC purchased a new stake in shares of HYNE in the 4th quarter valued at about $455,000.

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.

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