HomeTrust Bancshares (NYSE:HTB) Stock Rating Upgraded by Wall Street Zen
by Jessica Moore · The Cerbat GemHomeTrust Bancshares (NYSE:HTB – Get Free Report) was upgraded by investment analysts at Wall Street Zen from a “sell” rating to a “hold” rating in a report issued on Saturday.
Several other brokerages have also commented on HTB. Weiss Ratings began coverage on shares of HomeTrust Bancshares in a research note on Wednesday, January 14th. They set a “buy (b)” rating on the stock. Hovde Group downgraded shares of HomeTrust Bancshares from a “strong-buy” rating to a “hold” rating in a research note on Monday, January 12th. One investment analyst has rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat, HomeTrust Bancshares currently has a consensus rating of “Moderate Buy”.
View Our Latest Report on HomeTrust Bancshares
HomeTrust Bancshares Stock Up 0.1%
Shares of HTB opened at $43.10 on Friday. The company has a 50 day simple moving average of $42.96. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.11 and a quick ratio of 1.05. The firm has a market capitalization of $729.72 million, a P/E ratio of 11.59 and a beta of 0.86. HomeTrust Bancshares has a 52-week low of $30.95 and a 52-week high of $47.64.
HomeTrust Bancshares (NYSE:HTB – Get Free Report) last released its quarterly earnings data on Thursday, January 22nd. The company reported $0.93 earnings per share for the quarter, topping analysts’ consensus estimates of $0.91 by $0.02. The company had revenue of $53.90 million for the quarter. HomeTrust Bancshares had a net margin of 22.01% and a return on equity of 11.00%.
Insider Buying and Selling
In related news, EVP John Francis Sprink II sold 2,000 shares of the stock in a transaction on Friday, February 6th. The shares were sold at an average price of $45.00, for a total transaction of $90,000.00. Following the completion of the sale, the executive vice president owned 13,465 shares in the company, valued at $605,925. This represents a 12.93% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 10.57% of the stock is currently owned by company insiders.
Institutional Investors Weigh In On HomeTrust Bancshares
A hedge fund recently bought a new stake in HomeTrust Bancshares stock. Hsbc Holdings PLC acquired a new stake in HomeTrust Bancshares, Inc. (NYSE:HTB – Free Report) during the fourth quarter, according to its most recent filing with the SEC. The firm acquired 9,087 shares of the company’s stock, valued at approximately $389,000. Hsbc Holdings PLC owned about 0.05% of HomeTrust Bancshares at the end of the most recent reporting period. Institutional investors own 60.94% of the company’s stock.
HomeTrust Bancshares Company Profile
HomeTrust Bancshares, Inc is the bank holding company for HomeTrust Bank, a regional community bank that provides a range of commercial and consumer banking services. Through its subsidiary bank, the company offers traditional deposit and lending products, including checking and savings accounts, certificates of deposit, residential mortgages, home equity lending, and business loans. HomeTrust also delivers treasury management and payment services for small and midsize businesses, along with digital banking tools to support day-to-day account access and payments.
The company’s product set extends beyond core banking to include wealth management and trust services, commercial real estate financing, and specialized lending for agriculture and construction where relevant to local markets.