HomeTrust Bancshares (HTBI) Stock Rating Lowered by BidaskClub

BidaskClub downgraded shares of HomeTrust Bancshares (NASDAQ:HTBI) from a buy rating to a hold rating in a research note published on Wednesday.

A number of other research firms have also issued reports on HTBI. Keefe, Bruyette & Woods reissued a neutral rating on shares of HomeTrust Bancshares in a research report on Friday, December 22nd. Sandler O’Neill set a $28.00 price target on shares of HomeTrust Bancshares and gave the stock a hold rating in a research report on Thursday, January 4th. Three research analysts have rated the stock with a hold rating and one has issued a buy rating to the company’s stock. The company currently has an average rating of Hold and a consensus target price of $28.00.

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Shares of HomeTrust Bancshares stock opened at $26.90 on Wednesday. The company has a market capitalization of $507.85, a P/E ratio of 28.62 and a beta of 0.23. The company has a quick ratio of 1.33, a current ratio of 1.33 and a debt-to-equity ratio of 1.74. HomeTrust Bancshares has a 52 week low of $21.40 and a 52 week high of $28.00.

HomeTrust Bancshares (NASDAQ:HTBI) last announced its quarterly earnings data on Monday, January 29th. The financial services provider reported $0.38 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.30 by $0.08. HomeTrust Bancshares had a negative net margin of 0.05% and a positive return on equity of 5.65%. The firm had revenue of $30.02 million during the quarter, compared to analyst estimates of $29.59 million.

In other HomeTrust Bancshares news, EVP Keith J. Houghton sold 6,000 shares of the firm’s stock in a transaction that occurred on Tuesday, March 13th. The shares were sold at an average price of $27.55, for a total transaction of $165,300.00. Following the completion of the transaction, the executive vice president now directly owns 9,412 shares of the company’s stock, valued at approximately $259,300.60. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 6.34% of the company’s stock.

Institutional investors and hedge funds have recently bought and sold shares of the business. Victory Capital Management Inc. raised its position in HomeTrust Bancshares by 6.6% during the 4th quarter. Victory Capital Management Inc. now owns 67,935 shares of the financial services provider’s stock worth $1,749,000 after buying an additional 4,235 shares during the last quarter. Dalton Greiner Hartman Maher & Co. increased its holdings in shares of HomeTrust Bancshares by 38.4% during the 4th quarter. Dalton Greiner Hartman Maher & Co. now owns 86,766 shares of the financial services provider’s stock valued at $2,234,000 after purchasing an additional 24,086 shares in the last quarter. Dimensional Fund Advisors LP increased its holdings in shares of HomeTrust Bancshares by 8.9% during the 3rd quarter. Dimensional Fund Advisors LP now owns 661,390 shares of the financial services provider’s stock valued at $16,965,000 after purchasing an additional 54,233 shares in the last quarter. Schwab Charles Investment Management Inc. increased its holdings in shares of HomeTrust Bancshares by 13.8% during the 4th quarter. Schwab Charles Investment Management Inc. now owns 76,589 shares of the financial services provider’s stock valued at $1,973,000 after purchasing an additional 9,280 shares in the last quarter. Finally, Janus Henderson Group PLC increased its holdings in shares of HomeTrust Bancshares by 15.4% during the 3rd quarter. Janus Henderson Group PLC now owns 858,139 shares of the financial services provider’s stock valued at $22,011,000 after purchasing an additional 114,354 shares in the last quarter. 60.48% of the stock is owned by institutional investors.

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HomeTrust Bancshares Company Profile

HomeTrust Bancshares, Inc operates as the bank holding company for HomeTrust Bank that provides a range of retail and commercial banking products. Its deposit products consist of savings, money market, and demand accounts, as well as certificates of deposit for individuals, businesses, and nonprofit organizations.

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