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 report released on Friday morning. The firm issued a hold rating on the financial services provider’s stock.

Separately, Keefe, Bruyette & Woods boosted their price objective on shares of 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 Performance

NASDAQ:HTBI opened at $36.53 on Friday. HomeTrust Bancshares has a 12 month low of $23.55 and a 12 month 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 firm has a market capitalization of $640.28 million, a PE ratio of 11.41 and a beta of 0.86. The business’s fifty day moving average price is $36.36 and its 200 day moving average price is $35.42.

HomeTrust Bancshares (NASDAQ:HTBI) last released its quarterly earnings data 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 return on equity of 10.43% and a net margin of 18.57%. On average, sell-side analysts anticipate that HomeTrust Bancshares will post 3.02 earnings per share for the current fiscal year.

HomeTrust Bancshares Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, February 27th. Investors of record on Thursday, February 13th were paid a dividend of $0.12 per share. 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 dividend payout ratio is presently 15.00%.

Institutional Investors Weigh In On HomeTrust Bancshares

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 shares of 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 period. Two Sigma Investments LP raised 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 buying an additional 3,210 shares during the last quarter. Nuveen Asset Management LLC boosted 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 buying an additional 7,200 shares during the period. Millennium Management LLC grew its holdings 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 buying an additional 32,805 shares during the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings 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 buying an additional 329 shares during 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.