It Seems HMN Financial, Inc. (HMNF) Will Go Up. Just Reaches 52-Week High

June 29, 2018 - By Gloria Calhoun

Investors sentiment is 1.14 in Q1 2018. Its the same as in 2017Q4. It is the same, 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.
Ejf Capital Lc has 0.11% invested in HMN Financial, Inc. (NASDAQ:HMNF) for 74,292 shares. Blackrock holds 0% in HMN Financial, Inc. (NASDAQ:HMNF) or 46,849 shares. James Rech invested 0% in HMN Financial, Inc. (NASDAQ:HMNF). Morgan Stanley owns 0% invested in HMN Financial, Inc. (NASDAQ:HMNF) for 151 shares. Alliancebernstein L P holds 0% of its portfolio in HMN Financial, Inc. (NASDAQ:HMNF) for 33,270 shares. Acadian Asset Mgmt Lc has invested 0% in HMN Financial, Inc. (NASDAQ:HMNF). Dimensional Fund L P reported 337,866 shares. Federated Pa holds 538 shares or 0% of its portfolio. Deutsche Bank & Trust Ag has 1,100 shares. Ancora Advisors Limited Liability Corporation stated it has 0.02% of its portfolio in HMN Financial, Inc. (NASDAQ:HMNF). Maltese Capital Mgmt Ltd Llc reported 100,000 shares. Moreover, Captrust Fincl has 0% invested in HMN Financial, Inc. (NASDAQ:HMNF) for 500 shares. Pinnacle Ltd Liability Corporation owns 49,975 shares or 0% of their US portfolio. California Public Employees Retirement System reported 23,940 shares. Gendell Jeffrey L has invested 0.58% of its portfolio in HMN Financial, Inc. (NASDAQ:HMNF).

The stock of HMN Financial, Inc. (NASDAQ:HMNF) hit a new 52-week high and has $21.64 target or 9.00 % above today’s $19.85 share price. The 5 months bullish chart indicates low risk for the $89.41 million company. The 1-year high was reported on Jun, 29 by Barchart.com. If the $21.64 price target is reached, the company will be worth $8.05 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 0.55% or $0.11 during the last trading session, reaching $19.85. About 2,175 shares traded. HMN Financial, Inc. (NASDAQ:HMNF) has risen 5.75% since June 29, 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 $89.41 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 21.12 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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