BidaskClub lowered shares of Hometrust Bancshares (NASDAQ:HTBI) from a hold rating to a sell rating in a research report sent to investors on Tuesday.
Separately, TheStreet cut Hometrust Bancshares from a b- rating to a c+ rating in a research note on Monday, September 17th.
NASDAQ HTBI opened at $24.83 on Tuesday. Hometrust Bancshares has a 52-week low of $24.00 and a 52-week high of $30.00. The company has a debt-to-equity ratio of 1.63, a current ratio of 1.34 and a quick ratio of 1.33. The company has a market cap of $452.49 million, a P/E ratio of 17.99 and a beta of 0.41.
Hometrust Bancshares (NASDAQ:HTBI) last posted its earnings results on Monday, October 29th. The financial services provider reported $0.41 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.40 by $0.01. Hometrust Bancshares had a return on equity of 6.93% and a net margin of 7.38%. The business had revenue of $31.89 million during the quarter, compared to analysts’ expectations of $31.64 million.
The firm also recently announced a special dividend, which was paid on Thursday, December 6th. Investors of record on Wednesday, November 21st were paid a dividend of $0.06 per share. The ex-dividend date of this dividend was Tuesday, November 20th. Hometrust Bancshares’s payout ratio is 17.39%.
A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. BlackRock Inc. increased its stake in Hometrust Bancshares by 1.3% during the 3rd quarter. BlackRock Inc. now owns 1,031,678 shares of the financial services provider’s stock worth $30,072,000 after purchasing an additional 13,691 shares in the last quarter. Impax Asset Management LLC grew its stake in shares of Hometrust Bancshares by 2.7% during the 2nd quarter. Impax Asset Management LLC now owns 960,606 shares of the financial services provider’s stock worth $27,041,000 after acquiring an additional 25,000 shares in the last quarter. Vanguard Group Inc. grew its stake in shares of Hometrust Bancshares by 0.6% during the 3rd quarter. Vanguard Group Inc. now owns 783,929 shares of the financial services provider’s stock worth $22,852,000 after acquiring an additional 4,749 shares in the last quarter. Renaissance Technologies LLC grew its stake in shares of Hometrust Bancshares by 8.2% during the 3rd quarter. Renaissance Technologies LLC now owns 777,615 shares of the financial services provider’s stock worth $22,667,000 after acquiring an additional 58,600 shares in the last quarter. Finally, Dimensional Fund Advisors LP grew its stake in shares of Hometrust Bancshares by 1.5% during the 3rd quarter. Dimensional Fund Advisors LP now owns 663,641 shares of the financial services provider’s stock worth $19,345,000 after acquiring an additional 9,915 shares in the last quarter. 62.33% of the stock is owned by institutional investors and hedge funds.
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 include savings, money market, and demand accounts, as well as certificates of deposit for individuals, businesses, and nonprofit organizations.
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