Hometrust Bancshares Inc (NASDAQ:HTBI)’s share price crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $26.17 and traded as high as $27.09. Hometrust Bancshares shares last traded at $26.82, with a volume of 22,613 shares changing hands.
HTBI has been the topic of a number of analyst reports. Sandler O’Neill started coverage on Hometrust Bancshares in a research report on Wednesday, December 18th. They set a “hold” rating and a $28.00 target price on the stock. BidaskClub upgraded Hometrust Bancshares from a “sell” rating to a “hold” rating in a research note on Tuesday, January 28th.
The company has a quick ratio of 1.17, a current ratio of 1.29 and a debt-to-equity ratio of 1.66. The business’s 50 day moving average is $26.70 and its 200-day moving average is $26.17. The firm has a market cap of $473.85 million, a P/E ratio of 16.45 and a beta of 0.32.
Hometrust Bancshares (NASDAQ:HTBI) last posted its quarterly earnings data on Wednesday, January 29th. The financial services provider reported $0.52 EPS for the quarter, beating the Zacks’ consensus estimate of $0.42 by $0.10. The firm had revenue of $36.11 million for the quarter. Hometrust Bancshares had a net margin of 17.08% and a return on equity of 7.07%.
The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 5th. Shareholders of record on Thursday, February 20th will be paid a dividend of $0.07 per share. This represents a $0.28 annualized dividend and a yield of 1.04%. The ex-dividend date of this dividend is Wednesday, February 19th. Hometrust Bancshares’s payout ratio is currently 19.18%.
In other Hometrust Bancshares news, Director F. K. Mcfarland III sold 2,088 shares of the stock in a transaction on Monday, November 18th. The shares were sold at an average price of $26.05, for a total transaction of $54,392.40. Following the sale, the director now directly owns 32,212 shares of the company’s stock, valued at $839,122.60. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Craig C. Koontz sold 1,290 shares of the stock in a transaction dated Friday, December 6th. The stock was sold at an average price of $26.60, for a total transaction of $34,314.00. Following the sale, the director now owns 32,419 shares in the company, valued at approximately $862,345.40. The disclosure for this sale can be found here. Insiders have sold 17,290 shares of company stock worth $455,066 in the last 90 days. 6.87% of the stock is currently owned by insiders.
A number of hedge funds have recently modified their holdings of the business. Great West Life Assurance Co. Can acquired a new stake in shares of Hometrust Bancshares in the 4th quarter worth about $33,000. Bank of Montreal Can grew its position in Hometrust Bancshares by 42.0% in the 4th quarter. Bank of Montreal Can now owns 1,977 shares of the financial services provider’s stock worth $53,000 after purchasing an additional 585 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank increased its stake in shares of Hometrust Bancshares by 122.5% in the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 3,077 shares of the financial services provider’s stock valued at $83,000 after purchasing an additional 1,694 shares during the period. Marshall Wace LLP acquired a new stake in shares of Hometrust Bancshares in the first quarter valued at approximately $116,000. Finally, Ladenburg Thalmann Financial Services Inc. raised its holdings 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 valued at $165,000 after buying an additional 2,435 shares during the last quarter. Institutional investors own 61.82% of the company’s stock.
About Hometrust Bancshares (NASDAQ:HTBI)
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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