HomeTrust Bancshares, Inc. (NASDAQ:HTBI - Get Free Report)'s share price reached a new 52-week high during trading on Wednesday . The company traded as high as $39.90 and last traded at $39.90, with a volume of 102 shares. The stock had previously closed at $37.98.
Analysts Set New Price Targets
A number of equities research analysts recently commented on HTBI shares. Hovde Group assumed coverage on HomeTrust Bancshares in a report on Wednesday, July 31st. They set an "outperform" rating and a $42.00 target price for the company. Raymond James cut HomeTrust Bancshares from an "outperform" rating to a "market perform" rating in a research report on Monday, October 28th. Keefe, Bruyette & Woods reiterated an "outperform" rating and set a $39.00 price target (up from $38.00) on shares of HomeTrust Bancshares in a research report on Tuesday, October 29th. Finally, StockNews.com upgraded HomeTrust Bancshares from a "hold" rating to a "buy" rating in a research report on Thursday, July 25th. One research analyst has rated the stock with a hold rating and three have issued a buy rating to the company. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus target price of $38.00.
Read Our Latest Report on HTBI
HomeTrust Bancshares Price Performance
The firm has a market capitalization of $650.71 million, a PE ratio of 11.75 and a beta of 0.81. The stock has a 50-day moving average price of $34.27 and a 200 day moving average price of $31.90. The company has a quick ratio of 1.08, a current ratio of 1.11 and a debt-to-equity ratio of 0.50.
HomeTrust Bancshares (NASDAQ:HTBI - Get Free Report) last issued its quarterly earnings results on Thursday, October 24th. The financial services provider reported $0.76 EPS for the quarter, missing the consensus estimate of $0.80 by ($0.04). HomeTrust Bancshares had a return on equity of 10.41% and a net margin of 18.53%. The firm had revenue of $74.93 million for the quarter, compared to analysts' expectations of $50.13 million. Equities analysts forecast that HomeTrust Bancshares, Inc. will post 3.11 EPS for the current fiscal year.
HomeTrust Bancshares Increases Dividend
The company also recently declared a quarterly dividend, which will be paid on Wednesday, November 27th. Investors of record on Thursday, November 14th will be given a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a dividend yield of 1.29%. This is a boost from HomeTrust Bancshares's previous quarterly dividend of $0.11. The ex-dividend date is Thursday, November 14th. HomeTrust Bancshares's payout ratio is presently 13.92%.
Hedge Funds Weigh In On HomeTrust Bancshares
A number of institutional investors and hedge funds have recently added to or reduced their stakes in HTBI. EJF Capital LLC lifted its stake in shares of HomeTrust Bancshares by 185.6% in the 1st quarter. EJF Capital LLC now owns 116,624 shares of the financial services provider's stock valued at $3,188,000 after purchasing an additional 75,789 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its stake in shares of HomeTrust Bancshares by 84.3% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 159,663 shares of the financial services provider's stock valued at $5,441,000 after purchasing an additional 73,013 shares during the last quarter. American Century Companies Inc. lifted its stake in shares of HomeTrust Bancshares by 20.1% in the 2nd quarter. American Century Companies Inc. now owns 239,722 shares of the financial services provider's stock valued at $7,199,000 after purchasing an additional 40,201 shares during the last quarter. Dimensional Fund Advisors LP lifted its stake in shares of HomeTrust Bancshares by 4.8% in the 2nd quarter. Dimensional Fund Advisors LP now owns 673,365 shares of the financial services provider's stock valued at $20,220,000 after purchasing an additional 30,891 shares during the last quarter. Finally, Rosenthal Henry Capital Advisors Inc. acquired a new position in shares of HomeTrust Bancshares in the 3rd quarter valued at $911,000. Institutional investors and hedge funds own 60.94% of the company's stock.
HomeTrust Bancshares Company Profile
(
Get Free Report)
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.
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