Sandler O’Neill Reaffirms $31.0000 Price Target On HomeStreet (HMST), Reaffirms “Hold” Rating; Proassurance (PRA) Shorts Raised By 14.51%

ProAssurance Corporation (NYSE:PRA) Logo

They currently have a $31.0000 target price on HomeStreet (NASDAQ:HMST). Sandler O’Neill’s target would suggest a potential upside of 8.20% from the company’s close price. This was shown in a research note on Thursday morning.

Proassurance Corporation (NYSE:PRA) had an increase of 14.51% in short interest. PRA’s SI was 402,500 shares in March as released by FINRA. Its up 14.51% from 351,500 shares previously. With 202,100 avg volume, 2 days are for Proassurance Corporation (NYSE:PRA)’s short sellers to cover PRA’s short positions. The SI to Proassurance Corporation’s float is 0.77%. The stock decreased 0.41% or $0.2 during the last trading session, reaching $48.55. About 188,019 shares traded. ProAssurance Corporation (NYSE:PRA) has declined 11.44% since March 30, 2017 and is downtrending. It has underperformed by 22.99% the S&P500.

Since January 10, 2018, it had 0 insider purchases, and 3 insider sales for $8.27 million activity. 100,435 shares were sold by STARNES WILLIAM STANCIL, worth $5.54M.

Among 5 analysts covering ProAssurance (NYSE:PRA), 2 have Buy rating, 0 Sell and 3 Hold. Therefore 40% are positive. ProAssurance had 9 analyst reports since January 21, 2016 according to SRatingsIntel. Keefe Bruyette & Woods maintained it with “Hold” rating and $61.0 target in Wednesday, September 20 report. The firm earned “Hold” rating on Monday, December 4 by Keefe Bruyette & Woods. The stock has “Hold” rating by Keefe Bruyette & Woods on Thursday, August 17. SunTrust maintained the stock with “Buy” rating in Thursday, February 22 report. Sandler O’Neill maintained the stock with “Hold” rating in Thursday, February 22 report. As per Tuesday, August 1, the company rating was maintained by Boenning & Scattergood. The rating was upgraded by SunTrust on Thursday, January 21 to “Buy”. Keefe Bruyette & Woods maintained it with “Hold” rating and $55.0 target in Monday, February 26 report. The rating was upgraded by Suntrust Robinson to “Buy” on Thursday, January 21.

Investors sentiment decreased to 1.08 in Q4 2017. Its down 0.15, from 1.23 in 2017Q3. It turned negative, as 12 investors sold ProAssurance Corporation shares while 72 reduced holdings. 25 funds opened positions while 66 raised stakes. 42.20 million shares or 0.92% less from 42.59 million shares in 2017Q3 were reported. State Of Tennessee Treasury Department stated it has 42,866 shares or 0.01% of all its holdings. Citigroup invested in 0% or 19,728 shares. Clearbridge Invs Ltd Liability owns 0% invested in ProAssurance Corporation (NYSE:PRA) for 27 shares. Invesco Ltd reported 355,390 shares. Diamond Hill reported 343,732 shares. Bancorp Of America De invested 0% of its portfolio in ProAssurance Corporation (NYSE:PRA). Fmr holds 0.01% or 1.82 million shares. 65 were accumulated by Smithfield. Shine Invest Advisory Services holds 0% or 175 shares. Thrivent Fin For Lutherans owns 33,194 shares. Ls Investment Advsr has invested 0.01% of its portfolio in ProAssurance Corporation (NYSE:PRA). Warren Averett Asset Mngmt Lc reported 27,904 shares stake. 10,690 are owned by Virtu Limited. Welch Gp Limited invested 0.32% in ProAssurance Corporation (NYSE:PRA). Qs Limited Liability accumulated 167 shares.

ProAssurance Corporation, through its subsidiaries, provides property and casualty insurance, and reinsurance products in the United States. The company has market cap of $2.60 billion. The firm operates through Specialty Property and Casualty, Workers' Compensation, and Lloyd's Syndicate divisions. It has a 24.27 P/E ratio. It offers professional liability insurance for healthcare professionals and facilities; professional liability insurance for attorneys; liability insurance for medical technology and life sciences risks; and workers' compensation insurance for employers, groups, and associations.

HomeStreet, Inc., together with its subsidiaries, provides various financial services primarily in the Pacific Northwest, California, and Hawaii. The company has market cap of $771.87 million. The firm operates in two divisions, Commercial and Consumer Banking, and Mortgage Banking. It has a 11.28 P/E ratio. The Commercial and Consumer Banking segment offers deposit products; non-deposit investment products; and insurance products and cash management services.

Among 5 analysts covering HomeStreet (NASDAQ:HMST), 0 have Buy rating, 0 Sell and 5 Hold. Therefore 0 are positive. HomeStreet has $34.0 highest and $25 lowest target. $29.20’s average target is 1.92% above currents $28.65 stock price. HomeStreet had 19 analyst reports since July 27, 2015 according to SRatingsIntel. The stock has “Mkt Perform” rating by FBR Capital on Tuesday, December 20. As per Thursday, June 1, the company rating was maintained by Keefe Bruyette & Woods. The rating was maintained by Keefe Bruyette & Woods on Thursday, December 21 with “Buy”. The stock of HomeStreet, Inc. (NASDAQ:HMST) earned “Hold” rating by Sandler O’Neill on Monday, November 14. On Wednesday, January 24 the stock rating was downgraded by Wood to “Market Perform”. Keefe Bruyette & Woods maintained the shares of HMST in report on Monday, September 11 with “Buy” rating. The stock of HomeStreet, Inc. (NASDAQ:HMST) has “Hold” rating given on Wednesday, January 24 by Keefe Bruyette & Woods. The rating was maintained by FBR Capital with “Hold” on Wednesday, January 24. FBR Capital maintained it with “Mkt Perform” rating and $30 target in Thursday, January 26 report. As per Thursday, January 11, the company rating was maintained by Sandler O’Neill.

Investors sentiment decreased to 0.86 in Q4 2017. Its down 0.23, from 1.09 in 2017Q3. It worsened, as 18 investors sold HomeStreet, Inc. shares while 47 reduced holdings. 13 funds opened positions while 43 raised stakes. 20.47 million shares or 8.81% less from 22.45 million shares in 2017Q3 were reported. First Interstate Bancorp has invested 0.05% in HomeStreet, Inc. (NASDAQ:HMST). Thompson Siegel And Walmsley Ltd Liability holds 506,428 shares or 0.17% of its portfolio. Parkside Bancshares And Tru invested in 12 shares. Morgan Stanley has 259,334 shares. Strs Ohio reported 5,100 shares. Td Asset Management has invested 0% in HomeStreet, Inc. (NASDAQ:HMST). Sei Invs has 814 shares for 0% of their portfolio. Envestnet Asset Management Inc holds 95 shares. Quantbot Technology Lp owns 991 shares or 0% of their US portfolio. Trexquant Inv Ltd Partnership invested in 0.04% or 13,817 shares. Mason Street Advsrs Ltd Liability holds 0% or 6,992 shares in its portfolio. State Of Tennessee Treasury Department has 0% invested in HomeStreet, Inc. (NASDAQ:HMST). Martingale Asset Management L P holds 91,611 shares or 0.04% of its portfolio. Schneider Management Corp reported 166,795 shares or 1.06% of all its holdings. Principal Fin Gru reported 0.01% of its portfolio in HomeStreet, Inc. (NASDAQ:HMST).

The stock decreased 1.38% or $0.4 during the last trading session, reaching $28.65. About 332,586 shares traded or 89.78% up from the average. HomeStreet, Inc. (NASDAQ:HMST) has risen 9.43% since March 30, 2017 and is uptrending. It has underperformed by 2.12% the S&P500.

Since February 1, 2018, it had 0 insider buys, and 20 insider sales for $552,122 activity. 409 shares were sold by ISEMAN JAY C, worth $11,663. Another trade for 241 shares valued at $7,196 was made by Ruh Mark R on Thursday, February 1. Another trade for 216 shares valued at $6,372 was sold by Endresen William. 2,208 shares valued at $62,962 were sold by MASON MARK K on Friday, March 23. 275 HomeStreet, Inc. (NASDAQ:HMST) shares with value of $8,195 were sold by BENNION RICHARD W H. Another trade for 726 shares valued at $22,147 was made by EVANS GODFREY B on Wednesday, March 14. TAYLOR PAMELA J sold $5,275 worth of stock or 185 shares.

HomeStreet, Inc. (NASDAQ:HMST) Institutional Positions Chart