Hometrust Bancshares Inc (NASDAQ:HTBI) Given Consensus Rating of “Hold” by Analysts

Hometrust Bancshares Inc (NASDAQ:HTBI) has been assigned a consensus broker rating score of 3.00 (Hold) from the one analysts that provide coverage for the stock, Zacks Investment Research reports. One research analyst has rated the stock with a hold rating.

Zacks has also assigned Hometrust Bancshares an industry rank of 170 out of 256 based on the ratings given to its competitors.

HTBI has been the subject of a number of recent research reports. BidaskClub upgraded shares of Hometrust Bancshares from a “hold” rating to a “buy” rating in a report on Friday, August 2nd. Compass Point set a $31.00 target price on shares of Hometrust Bancshares and gave the stock a “buy” rating in a report on Friday, July 26th. Finally, TheStreet upgraded shares of Hometrust Bancshares from a “c+” rating to a “b-” rating in a report on Tuesday, July 30th.

Hedge funds have recently modified their holdings of the company. Bank of Montreal Can purchased a new stake in shares of Hometrust Bancshares during the second quarter worth about $33,000. BNP Paribas Arbitrage SA grew its stake in shares of Hometrust Bancshares by 469.8% during the first quarter. BNP Paribas Arbitrage SA now owns 3,550 shares of the financial services provider’s stock worth $89,000 after acquiring an additional 2,927 shares during the last quarter. Marshall Wace LLP purchased a new stake in shares of Hometrust Bancshares during the first quarter worth about $116,000. Ladenburg Thalmann Financial Services Inc. grew its stake in shares of Hometrust Bancshares by 58.9% during the second quarter. Ladenburg Thalmann Financial Services Inc. now owns 6,570 shares of the financial services provider’s stock worth $165,000 after acquiring an additional 2,435 shares during the last quarter. Finally, Virginia Retirement Systems ET AL purchased a new stake in shares of Hometrust Bancshares during the second quarter worth about $209,000. Institutional investors and hedge funds own 61.07% of the company’s stock.

Hometrust Bancshares stock traded down $0.38 during trading hours on Thursday, reaching $25.69. The stock had a trading volume of 36,900 shares, compared to its average volume of 42,892. The company has a market cap of $466.50 million, a price-to-earnings ratio of 18.14 and a beta of 0.37. The company has a debt-to-equity ratio of 1.67, a current ratio of 1.32 and a quick ratio of 1.31. The business’s 50 day moving average price is $25.69 and its 200-day moving average price is $25.36. Hometrust Bancshares has a 52 week low of $23.93 and a 52 week high of $29.54.

Hometrust Bancshares (NASDAQ:HTBI) last announced its earnings results on Thursday, July 25th. The financial services provider reported $0.44 EPS for the quarter. The business had revenue of $33.74 million during the quarter. Hometrust Bancshares had a net margin of 16.95% and a return on equity of 6.54%.

The firm also recently declared a quarterly dividend, which was paid on Thursday, September 5th. Stockholders of record on Thursday, August 22nd were paid a dividend of $0.06 per share. The ex-dividend date was Wednesday, August 21st. This represents a $0.24 dividend on an annualized basis and a dividend yield of 0.93%.

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. Its deposit products include savings, money market, and demand accounts, as well as certificates of deposit for individuals, businesses, and nonprofit organizations.

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