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

StockNews.com initiated coverage on shares of HomeTrust Bancshares (NASDAQ:HTBI) in a research note issued on Friday. The firm set a “hold” rating on the financial services provider’s stock.

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

HomeTrust Bancshares Stock Performance

Shares of HomeTrust Bancshares stock opened at $36.53 on Friday. HomeTrust Bancshares has a 12 month low of $23.55 and a 12 month high of $38.99. The firm has a market capitalization of $640.28 million, a P/E ratio of 11.41 and a beta of 0.86. The company has a current ratio of 1.11, a quick ratio of 1.06 and a debt-to-equity ratio of 0.50. The business has a fifty day simple moving average of $36.27 and a two-hundred day simple moving average of $35.41.

HomeTrust Bancshares (NASDAQ:HTBI) last issued its quarterly earnings results on Thursday, January 23rd. The financial services provider reported $0.83 earnings per share (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, equities analysts forecast that HomeTrust Bancshares will post 3.02 earnings per share for the current fiscal year.

Institutional Trading of HomeTrust Bancshares

Institutional investors have recently bought and sold shares of the company. Tower Research Capital LLC TRC lifted its stake in shares of HomeTrust Bancshares by 138.5% in the fourth quarter. Tower Research Capital LLC TRC now owns 2,490 shares of the financial services provider’s stock worth $84,000 after buying an additional 1,446 shares in the last quarter. BNP Paribas Financial Markets lifted its position in HomeTrust Bancshares by 28.4% in the 3rd quarter. BNP Paribas Financial Markets now owns 3,499 shares of the financial services provider’s stock valued at $119,000 after acquiring an additional 774 shares in the last quarter. Dynamic Technology Lab Private Ltd bought a new position in HomeTrust Bancshares in the 4th quarter valued at approximately $233,000. XTX Topco Ltd purchased a new stake in HomeTrust Bancshares during the 3rd quarter valued at $257,000. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in shares of HomeTrust Bancshares by 4.1% in the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 8,385 shares of the financial services provider’s stock worth $282,000 after purchasing an additional 329 shares in the last quarter. 60.94% of the stock is owned by hedge funds and other institutional investors.

About HomeTrust Bancshares

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.