Hometrust Bancshares (NASDAQ:HTBI) was upgraded by analysts at BidaskClub from a “sell” rating to a “hold” rating in a research report issued to clients and investors on Sunday, February 11th.
A number of other equities research analysts also recently commented on HTBI. TheStreet upgraded Hometrust Bancshares from a “c” rating to a “b-” rating in a research report on Friday, November 17th. Keefe, Bruyette & Woods restated a “neutral” rating on shares of Hometrust Bancshares in a research report on Friday, December 22nd. Finally, Sandler O’Neill set a $28.00 price objective on Hometrust Bancshares and gave the company a “hold” rating in a research report on Thursday, January 4th. Three analysts have rated the stock with a hold rating and one has given a buy rating to the stock. Hometrust Bancshares has a consensus rating of “Hold” and an average price target of $28.00.
Shares of Hometrust Bancshares (NASDAQ:HTBI) opened at $26.15 on Friday. The company has a debt-to-equity ratio of 1.74, a current ratio of 1.33 and a quick ratio of 1.33. The company has a market capitalization of $496.46, a PE ratio of 21.79 and a beta of 0.27. Hometrust Bancshares has a 52-week low of $21.40 and a 52-week high of $28.00.
Hometrust Bancshares (NASDAQ:HTBI) last posted its earnings results on Monday, January 29th. The financial services provider reported $0.38 EPS for the quarter, topping analysts’ consensus estimates of $0.30 by $0.08. The company had revenue of $30.02 million for the quarter, compared to the consensus estimate of $29.59 million. Hometrust Bancshares had a positive return on equity of 5.65% and a negative net margin of 0.05%.
A number of hedge funds have recently modified their holdings of HTBI. Alliancebernstein L.P. purchased a new stake in Hometrust Bancshares during the second quarter valued at approximately $288,000. Teachers Advisors LLC raised its holdings in shares of Hometrust Bancshares by 1.6% in the second quarter. Teachers Advisors LLC now owns 59,338 shares of the financial services provider’s stock worth $1,448,000 after buying an additional 952 shares during the period. TIAA CREF Investment Management LLC raised its holdings in shares of Hometrust Bancshares by 0.5% in the second quarter. TIAA CREF Investment Management LLC now owns 96,941 shares of the financial services provider’s stock worth $2,365,000 after buying an additional 453 shares during the period. Ameriprise Financial Inc. purchased a new stake in shares of Hometrust Bancshares in the second quarter worth approximately $291,000. Finally, Nationwide Fund Advisors raised its holdings in shares of Hometrust Bancshares by 55.6% in the second quarter. Nationwide Fund Advisors now owns 33,723 shares of the financial services provider’s stock worth $823,000 after buying an additional 12,054 shares during the period. Institutional investors and hedge funds own 60.16% of the company’s stock.
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About Hometrust Bancshares
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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