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 research report issued on Thursday. 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 stock an “outperform” rating in a research note on Wednesday, December 4th.

HomeTrust Bancshares Stock Down 1.8 %

NASDAQ:HTBI opened at $36.53 on Thursday. HomeTrust Bancshares has a fifty-two week low of $23.55 and a fifty-two week high of $38.99. The stock 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 debt-to-equity ratio of 0.50, a quick ratio of 1.06 and a current ratio of 1.11. The company’s 50-day simple moving average is $35.84 and its 200-day simple moving average is $35.38.

HomeTrust Bancshares (NASDAQ:HTBI) last released its quarterly earnings results on Thursday, January 23rd. The financial services provider reported $0.83 earnings per share for the quarter, beating analysts’ consensus estimates 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 anticipate 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 stock. Tower Research Capital LLC TRC boosted its stake in HomeTrust Bancshares by 138.5% in the 4th quarter. Tower Research Capital LLC TRC now owns 2,490 shares of the financial services provider’s stock worth $84,000 after purchasing an additional 1,446 shares in the last quarter. BNP Paribas Financial Markets lifted its stake 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 acquiring an additional 774 shares during the period. Princeton Capital Management LLC acquired a new stake in HomeTrust Bancshares during the 3rd quarter valued at approximately $222,000. Dynamic Technology Lab Private Ltd acquired a new stake in HomeTrust Bancshares during the 4th quarter valued at approximately $233,000. Finally, XTX Topco Ltd acquired a new stake in HomeTrust Bancshares during the 3rd quarter valued at approximately $257,000. 60.94% of the stock is currently owned by institutional investors and hedge funds.

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.