HomeTrust Bancshares (NYSE:HTB) Raised to “Hold” at Wall Street Zen

HomeTrust Bancshares (NYSE:HTB) was upgraded by analysts at Wall Street Zen from a “sell” rating to a “hold” rating in a research report issued on Saturday.

Other analysts also recently issued research reports about the stock. Hovde Group downgraded shares of HomeTrust Bancshares from a “strong-buy” rating to a “hold” rating in a research report on Monday, January 12th. Weiss Ratings initiated coverage on shares of HomeTrust Bancshares in a research report on Wednesday, January 14th. They set a “buy (b)” rating on the stock. One research analyst has rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat.com, HomeTrust Bancshares presently has a consensus rating of “Moderate Buy”.

HomeTrust Bancshares Trading Up 0.1%

HTB stock opened at $43.10 on Friday. The firm’s 50-day moving average price is $42.96. HomeTrust Bancshares has a 12-month low of $30.95 and a 12-month high of $47.64. The company has a debt-to-equity ratio of 0.29, a quick ratio of 1.05 and a current ratio of 1.11. The stock has a market capitalization of $729.72 million, a P/E ratio of 11.59 and a beta of 0.86.

HomeTrust Bancshares (NYSE:HTB) last released its quarterly earnings data on Thursday, January 22nd. The company reported $0.93 EPS for the quarter, topping analysts’ consensus estimates of $0.91 by $0.02. The company had revenue of $53.90 million for the quarter. HomeTrust Bancshares had a return on equity of 11.00% and a net margin of 22.01%.

Insider Buying and Selling at HomeTrust Bancshares

In other news, EVP John Francis Sprink II sold 2,000 shares of the company’s stock in a transaction dated Friday, February 6th. The stock was sold at an average price of $45.00, for a total value of $90,000.00. Following the completion of the sale, the executive vice president owned 13,465 shares of the company’s stock, valued at $605,925. This represents a 12.93% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 10.57% of the stock is owned by insiders.

Hedge Funds Weigh In On HomeTrust Bancshares

A hedge fund recently bought a new stake in HomeTrust Bancshares stock. Hsbc Holdings PLC purchased a new position in HomeTrust Bancshares, Inc. (NYSE:HTB) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 9,087 shares of the company’s stock, valued at approximately $389,000. Hsbc Holdings PLC owned 0.05% of HomeTrust Bancshares as of its most recent SEC filing. Hedge funds and other institutional investors own 60.94% of the company’s stock.

HomeTrust Bancshares Company Profile

HomeTrust Bancshares, Inc is the bank holding company for HomeTrust Bank, a regional community bank that provides a range of commercial and consumer banking services. Through its subsidiary bank, the company offers traditional deposit and lending products, including checking and savings accounts, certificates of deposit, residential mortgages, home equity lending, and business loans. HomeTrust also delivers treasury management and payment services for small and midsize businesses, along with digital banking tools to support day-to-day account access and payments.

The company’s product set extends beyond core banking to include wealth management and trust services, commercial real estate financing, and specialized lending for agriculture and construction where relevant to local markets.