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

Equities research analysts at StockNews.com initiated coverage on shares of HomeTrust Bancshares (NASDAQ:HTBI) in a research note issued on Tuesday. The brokerage set a “hold” rating on the financial services provider’s stock.

HomeTrust Bancshares Trading Down 1.8 %

NASDAQ:HTBI opened at $36.53 on Tuesday. The firm 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 quick ratio of 1.06, a current ratio of 1.11 and a debt-to-equity ratio of 0.50. The company has a fifty day moving average of $36.63 and a 200 day moving average of $35.75. HomeTrust Bancshares has a 52 week low of $24.46 and a 52 week high of $38.99.

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

Institutional Trading of HomeTrust Bancshares

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. GAMMA Investing LLC raised its holdings in HomeTrust Bancshares by 4,400.0% in the 1st quarter. GAMMA Investing LLC now owns 2,160 shares of the financial services provider’s stock worth $790,000 after purchasing an additional 2,112 shares in the last quarter. Tower Research Capital LLC TRC boosted its position in HomeTrust Bancshares by 138.5% during the 4th quarter. Tower Research Capital LLC TRC now owns 2,490 shares of the financial services provider’s stock valued at $84,000 after acquiring an additional 1,446 shares in the last quarter. Dynamic Technology Lab Private Ltd purchased a new position in shares of HomeTrust Bancshares during the 4th quarter worth approximately $233,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in shares of HomeTrust Bancshares by 4.1% in 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 acquiring an additional 329 shares in the last quarter. Finally, Wells Fargo & Company MN lifted its stake in shares of HomeTrust Bancshares by 25.2% in the 4th quarter. Wells Fargo & Company MN now owns 9,350 shares of the financial services provider’s stock valued at $315,000 after purchasing an additional 1,884 shares during the period. 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.