HomeTrust Bancshares (NASDAQ:HTBI) Earns Hold Rating from Analysts at StockNews.com

StockNews.com initiated coverage on shares of HomeTrust Bancshares (NASDAQ:HTBI) in a research report report published on Wednesday. The brokerage issued a hold rating on the financial services provider’s stock.

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

HomeTrust Bancshares Trading Down 1.8 %

Shares of HTBI opened at $36.53 on Wednesday. The firm’s 50 day simple moving average is $35.67 and its 200 day simple moving average is $35.32. The company has a market capitalization of $640.28 million, a P/E ratio of 11.41 and a beta of 0.86. The company has a debt-to-equity ratio of 0.50, a current ratio of 1.11 and a quick ratio of 1.06. HomeTrust Bancshares has a 1-year low of $23.55 and a 1-year high of $38.99.

HomeTrust Bancshares (NASDAQ:HTBI) last issued its quarterly earnings results on Thursday, January 23rd. The financial services provider reported $0.83 EPS for the quarter, beating 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%. Sell-side analysts forecast that HomeTrust Bancshares will post 3.02 earnings per share for the current fiscal year.

HomeTrust Bancshares Dividend Announcement

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

Institutional Inflows and Outflows

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

About HomeTrust Bancshares

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.