HBT Financial (NASDAQ:HBT) – Equities researchers at DA Davidson issued their FY2020 EPS estimates for shares of HBT Financial in a research note issued to investors on Wednesday, July 29th. DA Davidson analyst D. Konrad forecasts that the company will earn $1.34 per share for the year.

Several other brokerages have also recently issued reports on HBT. Raymond James boosted their price target on HBT Financial from $13.00 to $13.50 and gave the company an “outperform” rating in a research report on Monday, May 4th. Zacks Investment Research upgraded HBT Financial from a “sell” rating to a “hold” rating in a research report on Wednesday, July 8th. Finally, ValuEngine cut HBT Financial from a “sell” rating to a “strong sell” rating in a research report on Tuesday, April 14th. One investment analyst has rated the stock with a sell rating, three have given a hold rating and three have given a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average price target of $18.75.

Shares of HBT stock opened at $12.02 on Friday. The stock has a market capitalization of $330.07 million and a PE ratio of 5.61. HBT Financial has a 52-week low of $9.11 and a 52-week high of $20.71. The stock’s 50-day moving average price is $12.57 and its 200 day moving average price is $13.75. The company has a quick ratio of 0.86, a current ratio of 0.86 and a debt-to-equity ratio of 0.11.

HBT Financial (NASDAQ:HBT) last posted its earnings results on Monday, July 27th. The company reported $0.27 EPS for the quarter, topping the Zacks’ consensus estimate of $0.26 by $0.01. The business had revenue of $36.97 million for the quarter, compared to analysts’ expectations of $37.00 million. HBT Financial had a return on equity of 14.72% and a net margin of 28.66%.

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, August 18th. Shareholders of record on Tuesday, August 11th will be issued a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 4.99%. The ex-dividend date of this dividend is Monday, August 10th. HBT Financial’s dividend payout ratio is presently 17.49%.

In other news, EVP Patrick F. Busch purchased 7,500 shares of the firm’s stock in a transaction dated Friday, May 15th. The shares were acquired at an average price of $11.02 per share, with a total value of $82,650.00. Following the purchase, the executive vice president now directly owns 36,728 shares of the company’s stock, valued at $404,742.56. The purchase was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, Director Gerald E. Pfeiffer purchased 3,000 shares of the firm’s stock in a transaction dated Friday, June 12th. The shares were purchased at an average cost of $13.17 per share, for a total transaction of $39,510.00. Insiders acquired a total of 40,500 shares of company stock worth $469,210 in the last ninety days.

Large investors have recently made changes to their positions in the company. Citigroup Inc. purchased a new stake in shares of HBT Financial during the 4th quarter worth approximately $35,000. Bank of America Corp DE purchased a new stake in shares of HBT Financial during the 4th quarter worth approximately $60,000. Meeder Asset Management Inc. boosted its stake in shares of HBT Financial by 191.0% during the 1st quarter. Meeder Asset Management Inc. now owns 6,845 shares of the company’s stock worth $71,000 after acquiring an additional 4,493 shares in the last quarter. Wells Fargo & Company MN boosted its stake in shares of HBT Financial by 810.2% during the 1st quarter. Wells Fargo & Company MN now owns 7,527 shares of the company’s stock worth $79,000 after acquiring an additional 6,700 shares in the last quarter. Finally, Russell Investments Group Ltd. boosted its stake in shares of HBT Financial by 44.3% during the 1st quarter. Russell Investments Group Ltd. now owns 8,800 shares of the company’s stock worth $92,000 after acquiring an additional 2,700 shares in the last quarter. 32.17% of the stock is currently owned by institutional investors and hedge funds.

HBT Financial Company Profile

HBT Financial, Inc operates as the bank holding company for Heartland Bank and Lincoln Bank that provides business, commercial, and retail banking products and services to businesses, families, and local governments throughout Central and Northeastern Illinois. The company offers checking, saving, and retirement accounts, as well as demand and time deposits.

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Earnings History and Estimates for HBT Financial (NASDAQ:HBT)

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