HBT Financial (NASDAQ:HBT) CEO Fred L. Drake purchased 5,000 shares of the company’s stock in a transaction dated Wednesday, July 29th. The shares were acquired at an average price of $12.35 per share, with a total value of $61,750.00. Following the transaction, the chief executive officer now owns 12,000 shares in the company, valued at approximately $148,200. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link.

Shares of HBT stock opened at $12.02 on Friday. The company has a debt-to-equity ratio of 0.11, a quick ratio of 0.86 and a current ratio of 0.86. HBT Financial has a fifty-two week low of $9.11 and a fifty-two week high of $20.71. The stock has a 50 day moving average price of $12.57 and a two-hundred day moving average price of $13.75. The company has a market capitalization of $336.08 million and a P/E ratio of 5.61.

HBT Financial (NASDAQ:HBT) last announced its quarterly earnings data on Monday, July 27th. The company reported $0.27 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.26 by $0.01. HBT Financial had a return on equity of 14.72% and a net margin of 28.66%. The firm had revenue of $36.97 million during the quarter, compared to the consensus estimate of $37.00 million. As a group, equities analysts predict that HBT Financial will post 1.27 earnings per share for the current year.

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

Hedge funds have recently made changes to their positions in the business. Citigroup Inc. bought a new stake in HBT Financial in the fourth quarter valued at approximately $35,000. Bank of America Corp DE bought a new stake in HBT Financial in the fourth quarter valued at approximately $60,000. Meeder Asset Management Inc. lifted its position in HBT Financial by 191.0% in the first quarter. Meeder Asset Management Inc. now owns 6,845 shares of the company’s stock valued at $71,000 after purchasing an additional 4,493 shares during the last quarter. Wells Fargo & Company MN lifted its position in HBT Financial by 810.2% in the first quarter. Wells Fargo & Company MN now owns 7,527 shares of the company’s stock valued at $79,000 after purchasing an additional 6,700 shares during the last quarter. Finally, Russell Investments Group Ltd. increased its stake in shares of HBT Financial by 44.3% during the first quarter. Russell Investments Group Ltd. now owns 8,800 shares of the company’s stock valued at $92,000 after buying an additional 2,700 shares during the period. Hedge funds and other institutional investors own 32.17% of the company’s stock.

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

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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Insider Buying and Selling by Quarter for HBT Financial (NASDAQ:HBT)

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