HomeTrust Bancshares (NASDAQ:HTBI) Stock Passes Above Two Hundred Day Moving Average - Time to Sell?

HomeTrust Bancshares, Inc. (NASDAQ:HTBI - Get Free Report)'s stock price passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $35.13 and traded as high as $37.61. HomeTrust Bancshares shares last traded at $36.53, with a volume of 93,478 shares traded.

Analysts Set New Price Targets

Separately, Keefe, Bruyette & Woods upped their price target on HomeTrust Bancshares from $39.00 to $43.00 and gave the stock an "outperform" rating in a report on Wednesday, December 4th.

HomeTrust Bancshares Price Performance

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's fifty day moving average price is $35.38 and its two-hundred day moving average price is $35.18. The firm has a market capitalization of $640.28 million, a price-to-earnings ratio of 11.41 and a beta of 0.86.

HomeTrust Bancshares (NASDAQ:HTBI - Get Free Report) last posted its quarterly earnings results on Thursday, January 23rd. The financial services provider reported $0.83 earnings per share for the quarter, beating analysts' consensus estimates of $0.75 by $0.08. HomeTrust Bancshares had a return on equity of 10.43% and a net margin of 18.57%. Equities research analysts expect that HomeTrust Bancshares, Inc. will post 3.02 EPS for the current year.

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HomeTrust Bancshares Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, February 27th. Shareholders of record on Thursday, February 13th were issued a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a dividend yield of 1.31%. The ex-dividend date of this dividend was Thursday, February 13th. HomeTrust Bancshares's payout ratio is 15.00%.

Institutional Trading of HomeTrust Bancshares

Several institutional investors and hedge funds have recently made changes to their positions in the company. Tower Research Capital LLC TRC lifted its stake in HomeTrust Bancshares by 138.5% in the fourth quarter. Tower Research Capital LLC TRC now owns 2,490 shares of the financial services provider's stock valued at $84,000 after buying an additional 1,446 shares during the last quarter. BNP Paribas Financial Markets increased its holdings in shares of HomeTrust Bancshares by 28.4% in the 3rd quarter. BNP Paribas Financial Markets now owns 3,499 shares of the financial services provider's stock valued at $119,000 after acquiring an additional 774 shares during the period. Princeton Capital Management LLC purchased a new stake in HomeTrust Bancshares in the 3rd quarter valued at $222,000. Dynamic Technology Lab Private Ltd acquired a new stake in HomeTrust Bancshares during the 4th quarter worth $233,000. Finally, XTX Topco Ltd purchased a new position in HomeTrust Bancshares during the 3rd quarter worth $257,000. 60.94% of the stock is owned by hedge funds and other 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.