StockNews.com Begins Coverage on HomeTrust Bancshares (NASDAQ:HTBI)

Analysts at StockNews.com began coverage on shares of HomeTrust Bancshares (NASDAQ:HTBI) in a research note issued on Saturday. The firm set a “hold” rating on the financial services provider’s stock.

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

HomeTrust Bancshares Stock Down 1.8 %

Shares of HomeTrust Bancshares stock opened at $36.53 on Friday. The company has a current ratio of 1.11, a quick ratio of 1.06 and a debt-to-equity ratio of 0.50. The company has a market cap of $640.28 million, a P/E ratio of 11.41 and a beta of 0.86. The stock has a 50-day moving average price of $36.70 and a 200 day moving average price of $35.49. HomeTrust Bancshares has a 1 year low of $23.55 and a 1 year high of $38.99.

HomeTrust Bancshares (NASDAQ:HTBI) last posted its earnings results on Thursday, January 23rd. The financial services provider reported $0.83 EPS for the quarter, topping the consensus estimate 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, analysts expect that HomeTrust Bancshares will post 3.02 EPS for the current fiscal year.

Institutional Investors Weigh In On HomeTrust Bancshares

A number of institutional investors and hedge funds have recently modified their holdings of the company. Rhumbline Advisers boosted its position in HomeTrust Bancshares by 1.2% during the fourth quarter. Rhumbline Advisers now owns 22,883 shares of the financial services provider’s stock worth $771,000 after purchasing an additional 272 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake 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 buying an additional 329 shares during the last quarter. BNP Paribas Financial Markets boosted its holdings in shares of HomeTrust Bancshares by 28.4% during the 3rd quarter. BNP Paribas Financial Markets now owns 3,499 shares of the financial services provider’s stock worth $119,000 after buying an additional 774 shares during the period. Franklin Resources Inc. grew its stake in HomeTrust Bancshares by 8.8% in the 3rd quarter. Franklin Resources Inc. now owns 15,871 shares of the financial services provider’s stock valued at $542,000 after buying an additional 1,281 shares during the last quarter. Finally, Federated Hermes Inc. raised its holdings in HomeTrust Bancshares by 3.9% in the 4th quarter. Federated Hermes Inc. now owns 35,988 shares of the financial services provider’s stock valued at $1,212,000 after acquiring an additional 1,337 shares during the period. 60.94% of the stock is owned by 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 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.