HomeTrust Bancshares (NASDAQ:HTBI) Earns Hold Rating from Analysts at StockNews.com

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

HomeTrust Bancshares Stock Down 1.8 %

Shares of NASDAQ HTBI opened at $36.53 on Monday. HomeTrust Bancshares has a 1 year low of $23.79 and a 1 year high of $38.99. The firm has a 50-day simple moving average of $36.69 and a two-hundred day simple moving average of $35.63. The company has a market cap of $640.28 million, a P/E ratio of 11.41 and a beta of 0.86. The company has a debt-to-equity ratio of 0.50, a current ratio of 1.11 and a quick ratio of 1.06.

HomeTrust Bancshares (NASDAQ:HTBI) last released its quarterly earnings data on Thursday, January 23rd. The financial services provider reported $0.83 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.75 by $0.08. HomeTrust Bancshares had a net margin of 18.57% and a return on equity of 10.43%. Research analysts anticipate that HomeTrust Bancshares will post 3.02 earnings per share for the current year.

Institutional Investors Weigh In On HomeTrust Bancshares

Several institutional investors and hedge funds have recently made changes to their positions in HTBI. SG Americas Securities LLC lifted its position 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 during the period. GAMMA Investing LLC boosted its stake in shares of HomeTrust Bancshares by 4,400.0% in the first quarter. GAMMA Investing LLC now owns 2,160 shares of the financial services provider’s stock worth $790,000 after buying an additional 2,112 shares during the last quarter. Wellington Management Group LLP grew its holdings in HomeTrust Bancshares by 3.8% during the fourth quarter. Wellington Management Group LLP now owns 372,727 shares of the financial services provider’s stock worth $12,553,000 after acquiring an additional 13,589 shares during the period. Two Sigma Advisers LP raised its position in HomeTrust Bancshares by 16.3% during the fourth quarter. Two Sigma Advisers LP now owns 37,900 shares of the financial services provider’s stock valued at $1,276,000 after acquiring an additional 5,300 shares in the last quarter. Finally, Two Sigma Investments LP lifted its holdings in HomeTrust Bancshares by 10.1% in the fourth quarter. Two Sigma Investments LP now owns 35,140 shares of the financial services provider’s stock valued at $1,184,000 after acquiring an additional 3,210 shares during the period. 60.94% of the stock is currently owned by institutional investors and hedge funds.

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.