Hometrust Bancshares (NASDAQ:HTBI) was downgraded by stock analysts at BidaskClub from a “hold” rating to a “sell” rating in a research note issued to investors on Saturday.

Several other equities research analysts have also issued reports on HTBI. Keefe, Bruyette & Woods reissued a “hold” rating and issued a $27.00 price target on shares of Hometrust Bancshares in a report on Tuesday, October 3rd. TheStreet raised shares of Hometrust Bancshares from a “c” rating to a “b-” rating in a report on Friday, November 17th.

Shares of Hometrust Bancshares (NASDAQ HTBI) traded down $0.10 during trading on Friday, reaching $25.75. 23,495 shares of the company’s stock traded hands, compared to its average volume of 30,699. The company has a market cap of $490.17, a price-to-earnings ratio of 35.27 and a beta of 0.34. The company has a debt-to-equity ratio of 1.68, a current ratio of 1.32 and a quick ratio of 1.32. Hometrust Bancshares has a 12-month low of $21.40 and a 12-month high of $28.00.

Hometrust Bancshares (NASDAQ:HTBI) last announced its quarterly earnings results on Monday, October 30th. The financial services provider reported $0.30 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.27 by $0.03. The firm had revenue of $29.16 million for the quarter, compared to analyst estimates of $30.00 million. Hometrust Bancshares had a net margin of 11.28% and a return on equity of 4.71%.

A number of institutional investors have recently made changes to their positions in the business. Janus Henderson Group PLC increased its holdings in Hometrust Bancshares by 15.4% in the 3rd quarter. Janus Henderson Group PLC now owns 858,139 shares of the financial services provider’s stock valued at $22,011,000 after buying an additional 114,354 shares during the period. Maltese Capital Management LLC boosted its stake in shares of Hometrust Bancshares by 8.0% in the 3rd quarter. Maltese Capital Management LLC now owns 314,291 shares of the financial services provider’s stock valued at $8,062,000 after purchasing an additional 23,400 shares in the last quarter. Dimensional Fund Advisors LP boosted its stake in shares of Hometrust Bancshares by 8.9% in the 3rd quarter. Dimensional Fund Advisors LP now owns 661,390 shares of the financial services provider’s stock valued at $16,965,000 after purchasing an additional 54,233 shares in the last quarter. Schwab Charles Investment Management Inc. boosted its stake in shares of Hometrust Bancshares by 5.5% in the 3rd quarter. Schwab Charles Investment Management Inc. now owns 67,309 shares of the financial services provider’s stock valued at $1,727,000 after purchasing an additional 3,499 shares in the last quarter. Finally, Paradice Investment Management LLC boosted its stake in shares of Hometrust Bancshares by 29.8% in the 3rd quarter. Paradice Investment Management LLC now owns 1,112,960 shares of the financial services provider’s stock valued at $28,547,000 after purchasing an additional 255,209 shares in the last quarter. 60.33% of the stock is currently owned by hedge funds and other institutional investors.

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About Hometrust Bancshares

HomeTrust Bancshares, Inc is a bank holding company of HomeTrust Bank (the Bank). The Bank’s principal business consists of attracting deposits from the public and investing those funds, along with borrowed funds, in loans secured primarily by first and second mortgages on one- to four-family residences, including home equity loans, construction and land/lot loans, commercial real estate loans, construction and development loans, commercial and industrial loans, indirect automobile, and municipal leases.

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