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

Equities researchers at StockNews.com started coverage on shares of HomeTrust Bancshares (NASDAQ:HTBI) in a research note issued to investors on Wednesday. The firm set a “hold” rating on the financial services provider’s stock.

HomeTrust Bancshares Trading Down 1.8 %

Shares of HTBI opened at $36.53 on Wednesday. The stock’s 50-day moving average price is $36.53 and its 200 day moving average price is $35.88. The company has a quick ratio of 1.06, a current ratio of 1.11 and a debt-to-equity ratio of 0.50. HomeTrust Bancshares has a 12-month low of $25.45 and a 12-month high of $38.99. The firm has a market capitalization of $640.28 million, a price-to-earnings ratio of 11.41 and a beta of 0.86.

Institutional Investors Weigh In On HomeTrust Bancshares

Institutional investors have recently bought and sold shares of the business. Concurrent Investment Advisors LLC bought a new position in shares of HomeTrust Bancshares during the 1st quarter worth about $423,000. Salzhauer Michael lifted its stake in HomeTrust Bancshares by 11.8% during the first quarter. Salzhauer Michael now owns 45,765 shares of the financial services provider’s stock worth $1,569,000 after purchasing an additional 4,815 shares during the period. SG Americas Securities LLC boosted its holdings in HomeTrust Bancshares by 80.1% during the first quarter. SG Americas Securities LLC now owns 12,388 shares of the financial services provider’s stock valued at $425,000 after purchasing an additional 5,508 shares in the last quarter. GAMMA Investing LLC grew its stake in shares of 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 valued at $790,000 after purchasing an additional 2,112 shares during the period. Finally, Wellington Management Group LLP grew its stake in shares of HomeTrust Bancshares by 3.8% in the 4th quarter. Wellington Management Group LLP now owns 372,727 shares of the financial services provider’s stock valued at $12,553,000 after purchasing an additional 13,589 shares during the period. Institutional investors and hedge funds 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.