Rosenthal Henry Capital Advisors Inc. Buys Shares of 42,500 HBT Financial, Inc. (NASDAQ:HBT)

Rosenthal Henry Capital Advisors Inc. bought a new position in shares of HBT Financial, Inc. (NASDAQ:HBT - Free Report) during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 42,500 shares of the company's stock, valued at approximately $930,000. Rosenthal Henry Capital Advisors Inc. owned approximately 0.13% of HBT Financial as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also made changes to their positions in HBT. Hsbc Holdings PLC lifted its stake in shares of HBT Financial by 3.8% in the 2nd quarter. Hsbc Holdings PLC now owns 14,605 shares of the company's stock valued at $287,000 after purchasing an additional 541 shares in the last quarter. Vanguard Group Inc. grew its holdings in shares of HBT Financial by 0.8% during the first quarter. Vanguard Group Inc. now owns 626,575 shares of the company's stock valued at $11,930,000 after purchasing an additional 5,183 shares during the last quarter. SG Americas Securities LLC bought a new stake in HBT Financial in the third quarter valued at $122,000. American Century Companies Inc. boosted its stake in HBT Financial by 5.1% during the 2nd quarter. American Century Companies Inc. now owns 119,698 shares of the company's stock valued at $2,444,000 after purchasing an additional 5,859 shares during the period. Finally, LSV Asset Management bought a new position in HBT Financial in the 1st quarter worth approximately $183,000. 78.55% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on the company. Piper Sandler decreased their price target on HBT Financial from $25.00 to $24.00 and set a "neutral" rating for the company in a research note on Tuesday, October 22nd. Keefe, Bruyette & Woods reissued an "outperform" rating and set a $27.00 target price (up previously from $25.00) on shares of HBT Financial in a research note on Tuesday, July 23rd. JPMorgan Chase & Co. lifted their target price on shares of HBT Financial from $21.00 to $24.00 and gave the company an "underweight" rating in a research note on Tuesday, July 23rd. Finally, DA Davidson cut HBT Financial from a "buy" rating to a "neutral" rating and decreased their target price for the stock from $26.00 to $24.00 in a research report on Wednesday, September 25th. One research analyst has rated the stock with a sell rating, two have given a hold rating and two have issued a buy rating to the company's stock. Based on data from MarketBeat.com, the stock has an average rating of "Hold" and a consensus target price of $24.40.

HBT Financial Price Performance

Shares of HBT stock traded up $0.09 during trading hours on Friday, reaching $21.45. 28,940 shares of the company were exchanged, compared to its average volume of 28,219. HBT Financial, Inc. has a fifty-two week low of $17.75 and a fifty-two week high of $24.85. The company has a debt-to-equity ratio of 0.21, a current ratio of 0.82 and a quick ratio of 0.82. The stock's fifty day moving average is $21.96 and its two-hundred day moving average is $20.83. The company has a market cap of $676.94 million, a price-to-earnings ratio of 9.75 and a beta of 0.86.

HBT Financial Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, November 12th. Shareholders of record on Monday, November 4th will be given a $0.19 dividend. The ex-dividend date of this dividend is Monday, November 4th. This represents a $0.76 dividend on an annualized basis and a yield of 3.54%. HBT Financial's payout ratio is 34.55%.

HBT Financial Profile

HBT Financial, Inc operates as the bank holding company for Heartland Bank and Trust Company that provides business, commercial, and retail banking products and services to individuals, businesses, and municipal entities in Central and Northeastern Illinois, and Eastern Iowa. The company's deposits accounts consist of noninterest-bearing demand deposits, interest-bearing transaction accounts, money market accounts, savings accounts, certificates of deposits, health savings accounts, and individual retirement accounts.