HomeTrust Bancshares (NASDAQ:HTBI) Now Covered by Analysts at StockNews.com

Equities research analysts at StockNews.com initiated coverage on shares of HomeTrust Bancshares (NASDAQ:HTBI) in a report released on Thursday. The brokerage set a “hold” rating on the financial services provider’s stock.

Separately, Keefe, Bruyette & Woods raised their price target on shares of HomeTrust Bancshares from $39.00 to $43.00 and gave the stock an “outperform” rating in a research note on Wednesday, December 4th.

HomeTrust Bancshares Trading Down 1.8 %

HTBI stock opened at $36.53 on Thursday. The company has a market capitalization of $640.28 million, a PE ratio of 11.41 and a beta of 0.86. HomeTrust Bancshares has a 12 month low of $23.55 and a 12 month high of $38.99. The firm’s 50-day moving average is $35.84 and its 200 day moving average is $35.38. The company has a debt-to-equity ratio of 0.50, a current ratio of 1.11 and a quick ratio of 1.06.

HomeTrust Bancshares (NASDAQ:HTBI) last posted its quarterly earnings results on Thursday, January 23rd. The financial services provider reported $0.83 EPS for the quarter, topping the consensus estimate of $0.75 by $0.08. HomeTrust Bancshares had a net margin of 18.57% and a return on equity of 10.43%. On average, research analysts anticipate that HomeTrust Bancshares will post 3.02 EPS for the current year.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the business. Rhumbline Advisers increased its position in HomeTrust Bancshares by 1.2% during the 4th quarter. Rhumbline Advisers now owns 22,883 shares of the financial services provider’s stock valued at $771,000 after purchasing an additional 272 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in HomeTrust Bancshares by 4.1% during the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 8,385 shares of the financial services provider’s stock valued at $282,000 after purchasing an additional 329 shares during the period. BNP Paribas Financial Markets increased its position in HomeTrust Bancshares by 28.4% during the 3rd quarter. BNP Paribas Financial Markets now owns 3,499 shares of the financial services provider’s stock valued at $119,000 after purchasing an additional 774 shares during the period. Franklin Resources Inc. increased its position in HomeTrust Bancshares by 8.8% during the 3rd quarter. Franklin Resources Inc. now owns 15,871 shares of the financial services provider’s stock valued at $542,000 after purchasing an additional 1,281 shares during the period. Finally, Federated Hermes Inc. increased its position in HomeTrust Bancshares by 3.9% during the 4th quarter. Federated Hermes Inc. now owns 35,988 shares of the financial services provider’s stock valued at $1,212,000 after purchasing an additional 1,337 shares during the period. Hedge funds and other institutional investors own 60.94% of the company’s stock.

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 and services. The company’s deposit products include savings, money market, noninterest-bearing, and interest-bearing checking accounts, as well as certificates of deposit for individuals, business, and nonprofit organizations.