Eidelman Virant Capital Decreases Holdings in HomeTown Bankshares Corp (HMTA)

Eidelman Virant Capital trimmed its position in HomeTown Bankshares Corp (NASDAQ:HMTA) by 26.2% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 127,320 shares of the financial services provider’s stock after selling 45,264 shares during the quarter. Eidelman Virant Capital owned 2.19% of HomeTown Bankshares worth $1,706,000 at the end of the most recent reporting period.

Separately, Macnealy Hoover Investment Management Inc. bought a new stake in shares of HomeTown Bankshares during the 3rd quarter worth $186,000. 36.01% of the stock is currently owned by institutional investors and hedge funds.

Shares of HMTA stock traded down $0.17 on Wednesday, hitting $14.84. 405 shares of the company’s stock were exchanged, compared to its average volume of 10,499. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 0.44. HomeTown Bankshares Corp has a 12 month low of $10.85 and a 12 month high of $16.50. The company has a market cap of $77.87 million, a P/E ratio of 21.61 and a beta of -0.33.

HomeTown Bankshares (NASDAQ:HMTA) last issued its quarterly earnings results on Tuesday, July 31st. The financial services provider reported $0.17 earnings per share for the quarter. The company had revenue of $5.44 million during the quarter. HomeTown Bankshares had a return on equity of 6.94% and a net margin of 13.77%.

HomeTown Bankshares Company Profile

HomeTown Bankshares Corporation operates as the bank holding company for HomeTown Bank that provides retail and commercial banking products and services in the United States. 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.

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Institutional Ownership by Quarter for HomeTown Bankshares (NASDAQ:HMTA)

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