HomeTrust Bancshares, Inc. (NASDAQ:HTBI) Given Average Recommendation of “Buy” by Brokerages

Shares of HomeTrust Bancshares, Inc. (NASDAQ:HTBI) have earned a consensus recommendation of “Buy” from the four research firms that are currently covering the firm, Marketbeat.com reports. Four investment analysts have rated the stock with a buy recommendation. The average 12 month target price among analysts that have covered the stock in the last year is $34.50.

A number of equities analysts have commented on HTBI shares. Keefe, Bruyette & Woods boosted their price target on shares of HomeTrust Bancshares from $32.00 to $38.00 and gave the stock an “outperform” rating in a research note on Monday, July 29th. Hovde Group began coverage on HomeTrust Bancshares in a research report on Wednesday, July 31st. They set an “outperform” rating and a $42.00 price objective on the stock. Finally, StockNews.com upgraded HomeTrust Bancshares from a “hold” rating to a “buy” rating in a research report on Thursday, July 25th.

Institutional Trading of HomeTrust Bancshares

Several large investors have recently added to or reduced their stakes in the stock. AQR Capital Management LLC purchased a new stake in HomeTrust Bancshares in the second quarter worth about $201,000. Quadrature Capital Ltd purchased a new stake in shares of HomeTrust Bancshares in the 1st quarter worth about $323,000. BNP Paribas Financial Markets lifted its position in HomeTrust Bancshares by 21.8% during the 4th quarter. BNP Paribas Financial Markets now owns 15,463 shares of the financial services provider’s stock valued at $416,000 after acquiring an additional 2,764 shares during the period. Huber Capital Management LLC boosted its stake in HomeTrust Bancshares by 9.1% during the second quarter. Huber Capital Management LLC now owns 17,742 shares of the financial services provider’s stock worth $533,000 after acquiring an additional 1,487 shares in the last quarter. Finally, Rhumbline Advisers grew its holdings in HomeTrust Bancshares by 2.0% in the second quarter. Rhumbline Advisers now owns 22,647 shares of the financial services provider’s stock worth $680,000 after purchasing an additional 435 shares during the period. Institutional investors own 60.94% of the company’s stock.

HomeTrust Bancshares Trading Up 0.2 %

Shares of HTBI stock opened at $35.94 on Friday. The company’s fifty day simple moving average is $32.51 and its two-hundred day simple moving average is $28.59. The stock has a market capitalization of $626.97 million, a price-to-earnings ratio of 10.42 and a beta of 0.82. The company has a debt-to-equity ratio of 0.59, a current ratio of 1.12 and a quick ratio of 1.06. HomeTrust Bancshares has a 1 year low of $19.37 and a 1 year high of $36.39.

HomeTrust Bancshares (NASDAQ:HTBI) last announced its quarterly earnings results on Wednesday, July 24th. The financial services provider reported $0.73 EPS for the quarter, meeting the consensus estimate of $0.73. HomeTrust Bancshares had a net margin of 19.42% and a return on equity of 11.18%. The firm had revenue of $73.53 million during the quarter, compared to the consensus estimate of $48.06 million.

HomeTrust Bancshares Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, August 29th. Investors of record on Thursday, August 15th were paid a $0.11 dividend. The ex-dividend date was Thursday, August 15th. This represents a $0.44 annualized dividend and a dividend yield of 1.22%. HomeTrust Bancshares’s payout ratio is presently 12.75%.

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 and services. The company's deposit products include savings, money market, noninterest-bearing, and interest-bearing checking accounts, as well as certificates of deposit for individuals, business, and nonprofit organizations.