HomeTrust Bancshares (NASDAQ:HTBI) Stock Crosses Above 200 Day Moving Average – What’s Next?

HomeTrust Bancshares, Inc. (NASDAQ:HTBI) crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $35.41 and traded as high as $37.61. HomeTrust Bancshares shares last traded at $36.53, with a volume of 93,478 shares changing hands.

Wall Street Analyst Weigh In

A number of research analysts have recently issued reports on HTBI shares. StockNews.com started coverage on shares of HomeTrust Bancshares in a report on Friday. They set a “hold” rating for the company. Keefe, Bruyette & Woods lifted their price objective 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 Trading Down 1.8 %

The firm has a market capitalization of $640.28 million, a PE ratio of 11.41 and a beta of 0.86. The firm’s fifty day moving average is $36.27 and its two-hundred day moving average is $35.41. 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 released its quarterly earnings results on Thursday, January 23rd. The financial services provider reported $0.83 earnings per share 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 predict that HomeTrust Bancshares, Inc. will post 3.02 EPS for the current fiscal year.

HomeTrust Bancshares Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, February 27th. Shareholders of record on Thursday, February 13th were given a $0.12 dividend. This represents a $0.48 annualized dividend and a yield of 1.31%. The ex-dividend date was Thursday, February 13th. HomeTrust Bancshares’s dividend payout ratio is 15.00%.

Institutional Trading of HomeTrust Bancshares

Several hedge funds have recently added to or reduced their stakes in the stock. Two Sigma Advisers LP raised its position in HomeTrust Bancshares by 16.3% in the fourth quarter. Two Sigma Advisers LP now owns 37,900 shares of the financial services provider’s stock worth $1,276,000 after acquiring an additional 5,300 shares during the period. Two Sigma Investments LP raised its position in HomeTrust Bancshares by 10.1% in the fourth quarter. Two Sigma Investments LP now owns 35,140 shares of the financial services provider’s stock worth $1,184,000 after acquiring an additional 3,210 shares during the period. Nuveen Asset Management LLC raised its position in HomeTrust Bancshares by 13.9% in the fourth quarter. Nuveen Asset Management LLC now owns 58,976 shares of the financial services provider’s stock worth $1,986,000 after acquiring an additional 7,200 shares during the period. Millennium Management LLC raised its position in HomeTrust Bancshares by 217.0% in the fourth quarter. Millennium Management LLC now owns 47,921 shares of the financial services provider’s stock worth $1,614,000 after acquiring an additional 32,805 shares during the period. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in HomeTrust Bancshares by 4.1% in the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 8,385 shares of the financial services provider’s stock worth $282,000 after acquiring an additional 329 shares during the period. Institutional investors own 60.94% of the company’s stock.

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.