HomeTown Bankshares Corporation (HMTA) Stock Is An 52-Week High Flier

June 14, 2018 - By Vivian Park

HomeTown Bankshares Corporation (NASDAQ:HMTA) Logo

Investors sentiment decreased to 2.33 in Q1 2018. Its down Infinity, from Infinity in 2017Q4. It turned negative, as 0 investors sold HomeTown Bankshares Corporation shares while 3 reduced holdings. 2 funds opened positions while 5 raised stakes. 1.95 million shares or 48.24% less from 3.77 million shares in 2017Q4 were reported.
Morgan Stanley holds 0% of its portfolio in HomeTown Bankshares Corporation (NASDAQ:HMTA) for 229 shares. Banc Funds Lc has invested 0.05% in HomeTown Bankshares Corporation (NASDAQ:HMTA). Wells Fargo & Company Mn accumulated 973 shares or 0% of the stock. Raymond James Financial holds 0% in HomeTown Bankshares Corporation (NASDAQ:HMTA) or 25,858 shares. Ejf Cap Ltd Llc reported 0.36% in HomeTown Bankshares Corporation (NASDAQ:HMTA). State Street, a Massachusetts-based fund reported 17,263 shares. Interocean Capital Ltd holds 0.03% of its portfolio in HomeTown Bankshares Corporation (NASDAQ:HMTA) for 16,040 shares. Eidelman Virant Cap invested in 1.35% or 172,584 shares. Wellington Mgmt Group Inc Limited Liability Partnership reported 372,735 shares. Alliancebernstein L P holds 0% or 30,015 shares in its portfolio. Highlander Cap Mgmt Ltd Liability Corporation has 22,320 shares. Pettyjohn Wood & White Incorporated holds 15,444 shares. Manufacturers Life Insurance The owns 174,720 shares or 0% of their US portfolio. Castine Cap Mngmt Ltd Limited Liability Company owns 87,397 shares for 0.34% of their portfolio. Captrust Finance owns 5,000 shares.

The stock of HomeTown Bankshares Corporation (NASDAQ:HMTA) hit a new 52-week high and has $14.04 target or 8.00 % above today’s $13.00 share price. The 7 months bullish chart indicates low risk for the $75.49M company. The 1-year high was reported on Jun, 14 by Barchart.com. If the $14.04 price target is reached, the company will be worth $6.04 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.

It closed at $13 lastly. It is down 0.00% since June 14, 2017 and is . It has underperformed by 12.57% the S&P500.

Another recent and important HomeTown Bankshares Corporation (NASDAQ:HMTA) news was published by Globenewswire.com which published an article titled: “HomeTown Bankshares Corporation Declares First Cash Dividend” on May 16, 2018.

HomeTown Bankshares Corporation operates as the bank holding firm for HomeTown Bank that provides retail and commercial banking services and products in the United States. The company has market cap of $75.49 million. It offers various deposit products, such as checking accounts, savings and time deposits, daily money market accounts, longer-term certificates of deposit, and individual retirement accounts. It has a 30.23 P/E ratio. The company's loan portfolio includes commercial loans comprising secured and unsecured loans for working capital, including inventory and receivables; business expansion loans, such as acquisition of real estate and improvements; and loans for the purchase of equipment and machinery.

HomeTown Bankshares Corporation (NASDAQ:HMTA) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: