Signature Bank (SBNY) “Buy” Rating Maintained at KBW; The Price Target Given is $170.0000; Hometown Bankshares (HMTA) Has Infinity Sentiment

HomeTown Bankshares Corporation (NASDAQ:HMTA) Logo

KBW have a $170.0000 price target on the stock. The price target means a potential upside of 29.84% from Signature Bank (NASDAQ:SBNY)‘s current price. This rating was released in a research note on Thursday morning.

Hometown Bankshares Corp (HMTA) investors sentiment increased to Infinity in Q4 2017. It’s up Infinity, from 1 in 2017Q3. The ratio increased, as 7 institutional investors increased and started new stock positions, while 0 cut down and sold their holdings in Hometown Bankshares Corp. The institutional investors in our database now have: 3.77 million shares, up from 1.81 million shares in 2017Q3. Also, the number of institutional investors holding Hometown Bankshares Corp in top ten stock positions was flat from 0 to 0 for the same number . Sold All: 0 Reduced: 0 Increased: 4 New Position: 3.

Eidelman Virant Capital holds 1.15% of its portfolio in HomeTown Bankshares Corporation for 175,884 shares. Fj Capital Management Llc owns 489,100 shares or 0.68% of their US portfolio. Moreover, Ejf Capital Llc has 0.33% invested in the company for 372,735 shares. The New York-based Salzhauer Michael has invested 0.11% in the stock. Banc Funds Co Llc, a Illinois-based fund reported 177,842 shares.

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 $68.27 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 27.37 P/E ratio. The companyÂ’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.

It closed at $11.77 lastly. It is up 0.00% since April 20, 2017 and is . It has underperformed by 11.55% the S&P500.

Signature Bank provides various business and personal banking services and products. The company has market cap of $7.03 billion. It accepts various deposit products, including commercial checking accounts, money market accounts, escrow deposit accounts, cash concentration accounts, interest-bearing and non-interest-bearing checking accounts, certificates of deposit, time deposits, and other cash management products. It has a 18.39 P/E ratio. The firm also offers loan products comprising commercial and industrial loans; real estate loans, such as loans secured by commercial and residential properties, and construction and land loans; temporary financing for commercial and residential properties; letters of credit; and personal lines of credit and loans to acquire personal assets, as well as asset lending, mortgages, home equity loans, and credit card accounts.

HomeTown Bankshares Corporation (NASDAQ:HMTA) Institutional Positions Chart