HomeTrust Bancshares (NASDAQ:HTBI) EVP Keith J. Houghton sold 6,000 shares of HomeTrust Bancshares stock in a transaction that occurred on Tuesday, March 13th. The shares were sold at an average price of $27.55, for a total transaction of $165,300.00. Following the completion of the transaction, the executive vice president now owns 9,412 shares of the company’s stock, valued at approximately $259,300.60. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.
Shares of HomeTrust Bancshares stock traded down $0.27 during midday trading on Friday, reaching $26.55. The company had a trading volume of 20,293 shares, compared to its average volume of 41,549. 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 firm has a market cap of $504.05, a P/E ratio of 28.24 and a beta of 0.23. HomeTrust Bancshares has a 1-year low of $21.40 and a 1-year high of $28.00.
HomeTrust Bancshares (NASDAQ:HTBI) last issued its quarterly earnings results on Monday, January 29th. The financial services provider reported $0.38 earnings per share for the quarter, beating analysts’ consensus estimates of $0.30 by $0.08. The business had revenue of $30.02 million during the quarter, compared to analyst estimates of $29.59 million. HomeTrust Bancshares had a negative net margin of 0.05% and a positive return on equity of 5.65%.
Institutional investors have recently modified their holdings of the stock. SG Americas Securities LLC acquired a new stake in shares of HomeTrust Bancshares in the third quarter valued at approximately $106,000. Ramsey Quantitative Systems acquired a new stake in shares of HomeTrust Bancshares in the fourth quarter valued at approximately $121,000. MetLife Investment Advisors LLC acquired a new stake in HomeTrust Bancshares during the 4th quarter worth $166,000. Algert Global LLC acquired a new stake in HomeTrust Bancshares during the 4th quarter worth $305,000. Finally, Ameriprise Financial Inc. acquired a new stake in HomeTrust Bancshares during the 2nd quarter worth $291,000. 60.48% of the stock is owned by institutional investors and hedge funds.
A number of research analysts have recently issued reports on the stock. BidaskClub cut shares of HomeTrust Bancshares from a “sell” rating to a “strong sell” rating in a research note on Thursday, January 11th. Sandler O’Neill set a $28.00 target price on shares of HomeTrust Bancshares and gave the company a “hold” rating in a research note on Thursday, January 4th. Finally, Keefe, Bruyette & Woods reiterated a “neutral” rating on shares of HomeTrust Bancshares in a research note on Friday, December 22nd. Two research analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. HomeTrust Bancshares currently has an average rating of “Buy” and a consensus target price of $28.00.
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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. Its deposit products consist of savings, money market, and demand accounts, as well as certificates of deposit for individuals, businesses, and nonprofit organizations.
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