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 note published on Thursday morning. The firm issued a hold rating on the financial services provider’s stock.

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

HomeTrust Bancshares Trading Down 1.8 %

NASDAQ:HTBI opened at $36.53 on Thursday. 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 firm has a fifty day simple moving average of $35.90 and a 200-day simple moving average of $35.39. HomeTrust Bancshares has a 12 month low of $23.55 and a 12 month high of $38.99. The company has a market capitalization of $640.28 million, a P/E ratio of 11.41 and a beta of 0.86.

HomeTrust Bancshares (NASDAQ:HTBI) last issued its earnings results on Thursday, January 23rd. The financial services provider reported $0.83 earnings per share (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%. On average, equities research analysts anticipate that HomeTrust Bancshares will post 3.02 earnings per share for the current year.

HomeTrust Bancshares Announces Dividend

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

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Two Sigma Advisers LP increased its holdings in 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 valued at $1,276,000 after buying an additional 5,300 shares in the last quarter. Two Sigma Investments LP increased its stake in shares of HomeTrust Bancshares by 10.1% during 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 in the last quarter. Nuveen Asset Management LLC increased its stake in shares of HomeTrust Bancshares by 13.9% during 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 in the last quarter. Millennium Management LLC increased its stake in shares of HomeTrust Bancshares by 217.0% during 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 in the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in shares of HomeTrust Bancshares by 4.1% during the fourth 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 in the last quarter. Hedge funds and other 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.