HomeTrust Bancshares (NASDAQ:HTBI) Now Covered by StockNews.com

StockNews.com began coverage on shares of HomeTrust Bancshares (NASDAQ:HTBI) in a research note released on Friday morning. The brokerage issued a hold rating on the financial services provider’s stock.

Separately, Keefe, Bruyette & Woods increased their target price on shares of HomeTrust Bancshares from $39.00 to $43.00 and gave the company an “outperform” rating in a report on Wednesday, December 4th.

HomeTrust Bancshares Trading Down 1.8 %

Shares of HTBI stock opened at $36.53 on Friday. HomeTrust Bancshares has a 1-year low of $23.55 and a 1-year high of $38.99. The company has a debt-to-equity ratio of 0.50, a current ratio of 1.11 and a quick ratio of 1.06. The business’s fifty day moving average price is $36.36 and its 200 day moving average price is $35.42. The firm has a market capitalization of $640.28 million, a PE ratio of 11.41 and a beta of 0.86.

HomeTrust Bancshares (NASDAQ:HTBI) last posted its quarterly earnings results on Thursday, January 23rd. The financial services provider reported $0.83 earnings per share for the quarter, topping analysts’ consensus estimates of $0.75 by $0.08. HomeTrust Bancshares had a net margin of 18.57% and a return on equity of 10.43%. As a group, sell-side analysts forecast that HomeTrust Bancshares will post 3.02 EPS for the current fiscal year.

HomeTrust Bancshares Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, February 27th. Stockholders of record on Thursday, February 13th were given a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a dividend yield of 1.31%. The ex-dividend date was Thursday, February 13th. HomeTrust Bancshares’s dividend payout ratio is currently 15.00%.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Two Sigma Advisers LP grew its stake in HomeTrust Bancshares by 16.3% in the 4th quarter. Two Sigma Advisers LP now owns 37,900 shares of the financial services provider’s stock valued at $1,276,000 after acquiring an additional 5,300 shares during the last quarter. Two Sigma Investments LP lifted its holdings in shares of HomeTrust Bancshares by 10.1% in the fourth quarter. Two Sigma Investments LP now owns 35,140 shares of the financial services provider’s stock valued at $1,184,000 after purchasing an additional 3,210 shares in the last quarter. Nuveen Asset Management LLC grew its position in shares of HomeTrust Bancshares by 13.9% in the fourth quarter. Nuveen Asset Management LLC now owns 58,976 shares of the financial services provider’s stock valued at $1,986,000 after purchasing an additional 7,200 shares during the last quarter. Millennium Management LLC increased its stake in shares of HomeTrust Bancshares by 217.0% during the 4th quarter. Millennium Management LLC now owns 47,921 shares of the financial services provider’s stock worth $1,614,000 after purchasing an additional 32,805 shares in the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in shares of HomeTrust Bancshares by 4.1% during the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 8,385 shares of the financial services provider’s stock worth $282,000 after purchasing an additional 329 shares during the last quarter. Institutional investors and hedge funds own 60.94% of the company’s stock.

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.