BidaskClub lowered shares of HomeTrust Bancshares, Inc. (NASDAQ:HTBI) from a hold rating to a sell rating in a research note published on Thursday morning.

Several other equities research analysts have also recently weighed in on HTBI. Keefe, Bruyette & Woods reiterated a hold rating and issued a $26.00 target price on shares of HomeTrust Bancshares in a report on Thursday, April 27th. TheStreet cut HomeTrust Bancshares from a b- rating to a c rating in a report on Friday, April 28th. Finally, Compass Point initiated coverage on HomeTrust Bancshares in a report on Thursday, May 18th. They issued a buy rating and a $29.00 target price for the company. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and one has issued a buy rating to the company’s stock. HomeTrust Bancshares currently has an average rating of Hold and a consensus target price of $27.50.

Shares of HomeTrust Bancshares (HTBI) traded up 2.11% during trading on Thursday, reaching $24.15. The company’s stock had a trading volume of 69,384 shares. HomeTrust Bancshares has a one year low of $17.28 and a one year high of $27.05. The company has a 50-day moving average price of $24.45 and a 200-day moving average price of $24.48. The stock has a market cap of $433.15 million, a price-to-earnings ratio of 37.15 and a beta of 0.32.

HomeTrust Bancshares (NASDAQ:HTBI) last issued its earnings results on Wednesday, July 26th. The financial services provider reported $0.25 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.27 by $0.02. HomeTrust Bancshares had a return on equity of 4.55% and a net margin of 10.31%. The firm had revenue of $28.63 million during the quarter, compared to analysts’ expectations of $29.53 million. On average, equities research analysts forecast that HomeTrust Bancshares will post $1.24 earnings per share for the current fiscal year.

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Several large investors have recently modified their holdings of the company. Russell Investments Group Ltd. purchased a new stake in shares of HomeTrust Bancshares during the fourth quarter valued at $522,000. State Street Corp boosted its stake in shares of HomeTrust Bancshares by 10.3% in the fourth quarter. State Street Corp now owns 351,708 shares of the financial services provider’s stock valued at $9,109,000 after buying an additional 32,702 shares in the last quarter. Dimensional Fund Advisors LP boosted its stake in shares of HomeTrust Bancshares by 5.5% in the fourth quarter. Dimensional Fund Advisors LP now owns 489,939 shares of the financial services provider’s stock valued at $12,690,000 after buying an additional 25,399 shares in the last quarter. FMR LLC boosted its stake in shares of HomeTrust Bancshares by 15.6% in the fourth quarter. FMR LLC now owns 37,859 shares of the financial services provider’s stock valued at $981,000 after buying an additional 5,100 shares in the last quarter. Finally, Teachers Advisors LLC boosted its stake in shares of HomeTrust Bancshares by 23.5% in the fourth quarter. Teachers Advisors LLC now owns 56,302 shares of the financial services provider’s stock valued at $1,458,000 after buying an additional 10,697 shares in the last quarter. Institutional investors and hedge funds own 58.89% of the company’s stock.

About HomeTrust Bancshares

HomeTrust Bancshares, Inc is a bank holding company of HomeTrust Bank (the Bank). The Bank’s principal business consists of attracting deposits from the public and investing those funds, along with borrowed funds, in loans secured primarily by first and second mortgages on one- to four-family residences, including home equity loans, construction and land/lot loans, commercial real estate loans, construction and development loans, commercial and industrial loans, indirect automobile, and municipal leases.

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