Hometrust Bancshares (NASDAQ:HTBI) was upgraded by equities researchers at BidaskClub from a “sell” rating to a “hold” rating in a research note issued on Sunday.
Several other brokerages have also weighed in on HTBI. Keefe, Bruyette & Woods reissued a “neutral” rating on shares of Hometrust Bancshares in a research report on Friday, December 22nd. TheStreet raised Hometrust Bancshares from a “c” rating to a “b-” rating in a research report on Friday, November 17th. Finally, Sandler O’Neill set a $28.00 target price on Hometrust Bancshares and gave the stock a “hold” rating in a research report on Thursday, January 4th. Three research analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus target price of $28.00.
Shares of Hometrust Bancshares (NASDAQ HTBI) opened at $25.50 on Friday. The company has a debt-to-equity ratio of 1.68, a quick ratio of 1.32 and a current ratio of 1.32. Hometrust Bancshares has a 12-month low of $21.40 and a 12-month high of $28.00. The firm has a market capitalization of $493.61, a PE ratio of -850.00 and a beta of 0.27.
Hometrust Bancshares (NASDAQ:HTBI) last issued its earnings results on Monday, January 29th. The financial services provider reported $0.38 earnings per share for the quarter, topping the consensus estimate of $0.30 by $0.08. Hometrust Bancshares had a positive return on equity of 5.64% and a negative net margin of 0.05%. The business had revenue of $30.02 million for the quarter, compared to analyst estimates of $29.59 million.
A number of large investors have recently added to or reduced their stakes in HTBI. SG Americas Securities LLC purchased a new position in Hometrust Bancshares during the 3rd quarter worth approximately $106,000. Ramsey Quantitative Systems purchased a new position in Hometrust Bancshares during the 4th quarter worth approximately $121,000. Alliancebernstein L.P. purchased a new position in Hometrust Bancshares during the 2nd quarter worth approximately $288,000. Ameriprise Financial Inc. purchased a new position in Hometrust Bancshares during the 2nd quarter worth approximately $291,000. Finally, Algert Global LLC purchased a new position in Hometrust Bancshares during the 4th quarter worth approximately $305,000. Hedge funds and other institutional investors own 60.03% of the company’s stock.
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Hometrust Bancshares Company Profile
HomeTrust Bancshares, Inc is a bank holding company of HomeTrust Bank (the Bank). The Bank’s principal business consists of attracting deposits from the public and investing those funds, along with borrowed funds, in loans secured primarily by first and second mortgages on one- to four-family residences, including home equity loans, construction and land/lot loans, commercial real estate loans, construction and development loans, commercial and industrial loans, indirect automobile, and municipal leases.
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