HomeTrust Bancshares (NASDAQ:HTBI) Coverage Initiated by Analysts at StockNews.com

StockNews.com assumed coverage on shares of HomeTrust Bancshares (NASDAQ:HTBI) in a research note released on Friday. The firm issued a hold rating on the financial services provider’s stock.

HomeTrust Bancshares Trading Down 1.8%

Shares of HTBI stock opened at $36.53 on Friday. The company has a current ratio of 1.11, a quick ratio of 1.06 and a debt-to-equity ratio of 0.50. The stock has a market cap of $640.28 million, a P/E ratio of 11.41 and a beta of 0.86. The stock has a 50 day simple moving average of $36.53 and a 200 day simple moving average of $36.09. HomeTrust Bancshares has a 1 year low of $26.93 and a 1 year high of $38.99.

Institutional Investors Weigh In On HomeTrust Bancshares

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Rhumbline Advisers lifted its stake in shares of HomeTrust Bancshares by 1.2% in the 4th quarter. Rhumbline Advisers now owns 22,883 shares of the financial services provider’s stock valued at $771,000 after acquiring an additional 272 shares during the last quarter. Gamco Investors INC. ET AL increased its holdings in HomeTrust Bancshares by 1.5% in the first quarter. Gamco Investors INC. ET AL now owns 20,545 shares of the financial services provider’s stock valued at $704,000 after purchasing an additional 300 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in HomeTrust Bancshares by 4.1% in the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 8,385 shares of the financial services provider’s stock valued at $282,000 after purchasing an additional 329 shares during the period. Martingale Asset Management L P increased its holdings in HomeTrust Bancshares by 1.4% in the first quarter. Martingale Asset Management L P now owns 28,832 shares of the financial services provider’s stock valued at $988,000 after purchasing an additional 400 shares during the period. Finally, CWM LLC increased its holdings in HomeTrust Bancshares by 44.0% in the first quarter. CWM LLC now owns 1,316 shares of the financial services provider’s stock valued at $45,000 after purchasing an additional 402 shares during the period. 60.94% of the stock is currently owned by institutional investors.

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.