HMN Financial (NASDAQ:HMNF) Share Price Passes Above 200-Day Moving Average of $22.56

Shares of HMN Financial, Inc. (NASDAQ:HMNF) passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $22.56 and traded as high as $26.06. HMN Financial shares last traded at $26.02, with a volume of 3,439 shares trading hands.

HMN Financial Price Performance

The firm has a market capitalization of $116.18 million, a P/E ratio of 20.17 and a beta of 0.21. The company has a debt-to-equity ratio of 0.10, a quick ratio of 0.89 and a current ratio of 0.89. The firm has a 50-day moving average of $25.59 and a 200-day moving average of $22.56.

HMN Financial (NASDAQ:HMNF) last released its quarterly earnings data on Monday, July 22nd. The bank reported $0.30 earnings per share (EPS) for the quarter. The business had revenue of $9.70 million for the quarter. HMN Financial had a return on equity of 5.23% and a net margin of 9.33%.

HMN Financial Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, September 9th. Investors of record on Friday, August 16th were given a $0.10 dividend. The ex-dividend date was Friday, August 16th. This represents a $0.40 annualized dividend and a yield of 1.54%. HMN Financial’s dividend payout ratio (DPR) is presently 31.01%.

Hedge Funds Weigh In On HMN Financial

A hedge fund recently raised its stake in HMN Financial stock. Empowered Funds LLC grew its position in shares of HMN Financial, Inc. (NASDAQ:HMNF) by 8.0% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 28,404 shares of the bank’s stock after buying an additional 2,100 shares during the quarter. Empowered Funds LLC owned 0.64% of HMN Financial worth $599,000 as of its most recent filing with the Securities and Exchange Commission (SEC). Hedge funds and other institutional investors own 78.25% of the company’s stock.

About HMN Financial

HMN Financial, Inc operates as a bank holding company for Home Federal Savings Bank that provides various retail banking products and services. The company offers various deposit accounts, such as savings, interest bearing checking, non-interest-bearing checking, money market, individual retirement, and certificate accounts.