Hometrust Bancshares Inc (NASDAQ:HTBI) Receives Average Rating of “Hold” from Brokerages

Shares of Hometrust Bancshares Inc (NASDAQ:HTBI) have earned a consensus broker rating score of 3.00 (Hold) from the one brokers that provide coverage for the stock, Zacks Investment Research reports. One analyst has rated the stock with a hold rating.

Zacks has also given Hometrust Bancshares an industry rank of 200 out of 256 based on the ratings given to related companies.

Several analysts have weighed in on HTBI shares. TheStreet downgraded Weibo from a “b-” rating to a “c+” rating in a research report on Friday, May 31st. BidaskClub raised WhiteHorse Finance from a “sell” rating to a “hold” rating in a research note on Thursday.



HTBI stock traded up $0.07 during midday trading on Monday, hitting $25.05. The company had a trading volume of 23,535 shares, compared to its average volume of 36,175. The company has a current ratio of 1.32, a quick ratio of 1.31 and a debt-to-equity ratio of 1.67. Hometrust Bancshares has a 52 week low of $23.93 and a 52 week high of $30.00. The firm has a 50 day moving average price of $24.82. The company has a market capitalization of $459.49 million, a PE ratio of 18.37 and a beta of 0.36.

Hometrust Bancshares (NASDAQ:HTBI) last announced its quarterly earnings data on Wednesday, April 24th. The financial services provider reported $0.16 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.41 by ($0.25). Hometrust Bancshares had a net margin of 17.15% and a return on equity of 6.25%. The company had revenue of $31.97 million during the quarter.

In other news, EVP Keith J. Houghton sold 4,000 shares of the business’s stock in a transaction that occurred on Thursday, June 13th. The stock was sold at an average price of $24.70, for a total transaction of $98,800.00. Following the transaction, the executive vice president now directly owns 8,743 shares of the company’s stock, valued at $215,952.10. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. 7.10% of the stock is currently owned by insiders.

Several institutional investors and hedge funds have recently bought and sold shares of the company. BlackRock Inc. increased its stake in shares of Hometrust Bancshares by 3.3% during the fourth quarter. BlackRock Inc. now owns 1,065,441 shares of the financial services provider’s stock valued at $27,894,000 after buying an additional 33,763 shares during the period. Impax Asset Management Group plc grew its stake in Hometrust Bancshares by 4.9% in the fourth quarter. Impax Asset Management Group plc now owns 1,007,672 shares of the financial services provider’s stock worth $26,381,000 after purchasing an additional 47,066 shares during the period. Private Capital Management LLC grew its stake in Hometrust Bancshares by 2.9% in the first quarter. Private Capital Management LLC now owns 487,123 shares of the financial services provider’s stock worth $12,275,000 after purchasing an additional 13,577 shares during the period. Geode Capital Management LLC grew its stake in Hometrust Bancshares by 10.3% in the fourth quarter. Geode Capital Management LLC now owns 193,270 shares of the financial services provider’s stock worth $5,059,000 after purchasing an additional 17,996 shares during the period. Finally, Kennedy Capital Management Inc. grew its stake in Hometrust Bancshares by 13.0% in the first quarter. Kennedy Capital Management Inc. now owns 176,514 shares of the financial services provider’s stock worth $4,448,000 after purchasing an additional 20,288 shares during the period. 60.67% of the stock is currently owned by hedge funds and other institutional investors.

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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