HMN Financial, Inc. (HMNF) Just Reaches 52-Week High?

June 13, 2018 - By Ellis Scott

Investors sentiment is 1.14 in 2018 Q1. Its the same as in 2017Q4. It is flat, as 3 investors sold HMN Financial, Inc. shares while 4 reduced holdings. only 2 funds opened positions while 6 raised stakes. 1.35 million shares or 10.68% less from 1.51 million shares in 2017Q4 were reported.
Blackrock Inc accumulated 46,849 shares or 0% of the stock. Ohio-based James Invest has invested 0% in HMN Financial, Inc. (NASDAQ:HMNF). California Public Employees Retirement, California-based fund reported 23,940 shares. Vanguard Group stated it has 0% in HMN Financial, Inc. (NASDAQ:HMNF). Royal Savings Bank Of Canada reported 3,652 shares stake. Morgan Stanley owns 151 shares or 0% of their US portfolio. Gendell Jeffrey L stated it has 278,304 shares. Bridgeway Mngmt reported 0.01% in HMN Financial, Inc. (NASDAQ:HMNF). Ancora Advsrs Ltd Liability Company invested in 0.02% or 25,200 shares. Federated Invsts Pa reported 0% of its portfolio in HMN Financial, Inc. (NASDAQ:HMNF). Alliancebernstein Lp has invested 0% in HMN Financial, Inc. (NASDAQ:HMNF). Ejf Capital owns 0.11% invested in HMN Financial, Inc. (NASDAQ:HMNF) for 74,292 shares. Deutsche Financial Bank Ag holds 1,100 shares or 0% of its portfolio. Renaissance Techs Ltd Liability Corporation, a New York-based fund reported 90,000 shares. 49,975 are owned by Pinnacle Hldgs Limited Company.

The stock of HMN Financial, Inc. (NASDAQ:HMNF) hit a new 52-week high and has $21.58 target or 9.00 % above today’s $19.80 share price. The 5 months bullish chart indicates low risk for the $89.18M company. The 1-year high was reported on Jun, 13 by Barchart.com. If the $21.58 price target is reached, the company will be worth $8.03 million more.
The 52-week high event is an important milestone for every stock because it shows very positive momentum and is time when buyers come in. During such notable technical setup, fundamental investors usually stay away and are careful shorting or selling the stock.

The stock increased 0.25% or $0.05 during the last trading session, reaching $19.8. About 3,194 shares traded. HMN Financial, Inc. (NASDAQ:HMNF) has risen 5.75% since June 13, 2017 and is uptrending. It has underperformed by 6.82% the S&P500.

HMN Financial, Inc. operates as the holding firm for Home Federal Savings Bank that provides community banking services and products. The company has market cap of $89.18 million. It offers various deposits accounts, such as savings, negotiable order of withdrawal, money market, and non-interest bearing checking and certificate accounts comprising individual retirement accounts for retail and commercial customers. It has a 22 P/E ratio. The firm also provides loan products, including single family residential real estate loans, commercial real estate and multi-family loans, construction loans, and commercial business loans, as well as consumer loans comprising home equity loans, automobile loans, recreational vehicle loans, mobile home loans, lot loans, loans secured by deposit accounts, and other loans for household and personal purposes.

HMN Financial, Inc. (NASDAQ:HMNF) Institutional Positions Chart

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