Stock of The Day: Is HMN Financial Inc (NASDAQ:HMNF) Going to Burn These Institutional Investors?

November 17, 2016 - By Winifred Garcia   ·   0 Comments

Stock of The Day: Is HMN Financial Inc (NASDAQ:HMNF) Going to Burn These Institutional Investors?

Sentiment for HMN Financial Inc (NASDAQ:HMNF)

HMN Financial Inc (NASDAQ:HMNF) institutional sentiment increased to 1.75 in 2016 Q2. Its up 0.25, from 1.5 in 2016Q1. The ratio is more positive, as 7 funds increased and opened new stock positions, while 4 reduced and sold their equity positions in HMN Financial Inc. The funds in our partner’s database reported: 1.37 million shares, up from 1.36 million shares in 2016Q1. Also, the number of funds holding HMN Financial Inc in their top 10 stock positions was flat from 0 to 0 for the same number . Sold All: 2 Reduced: 2 Increased: 7 New Position: 0.

HMN Financial, Inc. is a stock savings bank holding firm that owns Home Federal Savings Bank (the Bank). The company has a market cap of $71.07 million. The Bank operates retail banking and loan production facilities in Minnesota, Iowa and Wisconsin. It has a 12.91 P/E ratio. The Bank has two subsidiaries, Osterud Insurance Agency, Inc., which offers financial planning services and products, and HFSB Property Holdings, LLC, which acts as an intermediary for the Bank in holding and operating certain foreclosed properties.

It is down 38.48% since April 15, 2016 and is uptrending. It has outperformed by 33.85% the S&P500.

According to Zacks Investment Research, “HMN Financial, Inc. is the savings and loan holding company of Home Federal Savings Bank. Home Federal has a community banking philosophy and operates retail banking facilities. HMN’s business involves attracting deposits from the general public and using such deposits to originate or purchase one-to-four family residential, commercial real estate, and multi-family mortgage loans in addition to consumer, construction, and commercial business loans. HMN also invests in mortgage-backed and related securities, investment securities and other permissible investments.”

Gendell Jeffrey L holds 1.2% of its portfolio in HMN Financial, Inc. for 431,295 shares. Grace & White Inc Ny owns 180,490 shares or 0.55% of their US portfolio. Moreover, Maltese Capital Management Llc has 0.12% invested in the company for 73,034 shares. The Texas-based Bridgeway Capital Management Inc has invested 0.01% in the stock. Acadian Asset Management Llc, a Massachusetts-based fund reported 1,075 shares.#img1#

HMNF Company Profile

HMN Financial, Inc. (HMN), incorporated on March 23, 1994, is a stock savings bank holding firm that owns Home Federal Savings Bank (the Bank). The Bank operates retail banking and loan production facilities in Minnesota, Iowa and Wisconsin. The Bank has two subsidiaries, Osterud Insurance Agency, Inc. (OIA), which offers financial planning services and products, and HFSB Property Holdings, LLC (HPH), which acts as an intermediary for the Bank in holding and operating certain foreclosed properties. HMN’s business involves attracting deposits from the general public and businesses and using such deposits to originate or purchase one- to four-family residential, commercial real estate and multi-family mortgage loans, as well as consumer, construction and commercial business loans.

More news for HMN Financial, Inc. (NASDAQ:HMNF) were recently published by: Globenewswire.com, which released: “HMN Financial, Inc. Announces Second Quarter Results” on July 23, 2016. Globenewswire.com‘s article titled: “HMN Enters Into Agreement to Acquire Assets of Deerwood Bank’s Albert Lea …” and published on November 20, 2015 is yet another important article.

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By Winifred Garcia


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