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

Investment analysts at StockNews.com initiated coverage on shares of HomeTrust Bancshares (NASDAQ:HTBI) in a research note issued on Saturday. The firm 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 company an “outperform” rating in a research report on Wednesday, December 4th.

HomeTrust Bancshares Stock Performance

Shares of HTBI stock opened at $36.53 on Friday. HomeTrust Bancshares has a 52-week low of $23.55 and a 52-week high of $38.99. The company has a quick ratio of 1.06, a current ratio of 1.11 and a debt-to-equity ratio of 0.50. The stock has a market cap of $640.28 million, a PE ratio of 11.41 and a beta of 0.86. The business has a 50-day simple moving average of $36.70 and a 200-day simple moving average of $35.47.

HomeTrust Bancshares (NASDAQ:HTBI) last released its quarterly earnings data 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 return on equity of 10.43% and a net margin of 18.57%. On average, equities analysts expect that HomeTrust Bancshares will post 3.02 EPS for the current year.

Institutional Investors Weigh In On HomeTrust Bancshares

Several institutional investors and hedge funds have recently added to or reduced their stakes in HTBI. Tower Research Capital LLC TRC lifted its holdings in HomeTrust Bancshares by 138.5% during the fourth quarter. Tower Research Capital LLC TRC now owns 2,490 shares of the financial services provider’s stock valued at $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% 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 buying an additional 774 shares in the last quarter. Dynamic Technology Lab Private Ltd acquired a new stake in HomeTrust Bancshares in the 4th quarter worth about $233,000. XTX Topco Ltd purchased a new stake in HomeTrust Bancshares during the 3rd quarter worth approximately $257,000. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in shares of HomeTrust Bancshares by 4.1% during the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 8,385 shares of the financial services provider’s stock valued at $282,000 after acquiring an additional 329 shares during the last quarter. 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.