New Amsterdam Partnersny adds HomeStreet Inc (HMST) to its portfolio

HomeStreet Inc (HMST) : New Amsterdam Partnersny added new position in HomeStreet Inc during the most recent quarter end. The investment management firm now holds 212,114 shares of HomeStreet Inc which is valued at $4,846,805 , the company said in a statement filed on Aug 1, 2016 with the SEC.HomeStreet Inc makes up approximately 1.13% of New Amsterdam Partnersny’s portfolio.

Other Hedge Funds, Including , First Manhattan Co sold out all of its stake in HMST during the most recent quarter. The investment firm sold 3,904 shares of HMST which is valued $83,975.

HomeStreet Inc opened for trading at $22.8 and hit $23 on the upside on Thursday, eventually ending the session at $22.9, with a gain of 0.22% or 0.05 points. The heightened volatility saw the trading volume jump to 1,58,782 shares. Company has a market cap of $568 M.

On the company’s financial health, HomeStreet Inc reported $0.90 EPS for the quarter, beating the analyst consensus estimate by $ 0.20 according to the earnings call on Jul 25, 2016. Analyst had a consensus of $0.70.Analysts expectations of $ 128.01.During the same quarter in the previous year, the company posted $0.65 EPS.

HomeStreet Inc. is a financial services company. The Company is engaged in real estate lending. The Company operates in two segments: Commercial and Consumer Banking and Mortgage Banking. The Company’s subsidiaries are HomeStreet Bank (the Bank) and HomeStreet Capital Corporation. The Bank is a Washington state-chartered savings bank that provides mortgage and commercial loans deposit products and services non-deposit investment products private banking and cash management services. Doing business as HomeStreet Insurance Agency the Company provides insurance products and services for consumers and businesses. As of December 31 2014 the Company had total assets of $3.54 billion. As of December 31 2014 the Company had a network of 33 bank branches in the Puget Sound Eastern and Southwest regions of Washington state Portland Oregon and Hawaii as well as 55 stand-alone lending centers located in these same areas.

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