BidaskClub upgraded shares of Hometrust Bancshares (NASDAQ:HTBI) from a strong sell rating to a sell rating in a report published on Wednesday.

A number of other research analysts have also weighed in on the stock. Keefe, Bruyette & Woods reissued a neutral rating on shares of Hometrust Bancshares in a research note on Friday, December 22nd. TheStreet raised shares of Hometrust Bancshares from a c rating to a b- rating in a research note on Friday, November 17th. Finally, Sandler O’Neill set a $28.00 target price on shares of Hometrust Bancshares and gave the stock a hold rating in a research note on Thursday, January 4th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and one has given a buy rating to the company’s stock. The stock has a consensus rating of Hold and an average target price of $28.00.

Shares of Hometrust Bancshares (NASDAQ HTBI) remained flat at $$26.05 during trading on Wednesday. 27,502 shares of the stock were exchanged, compared to its average volume of 35,833. The stock has a market capitalization of $491.12, a PE ratio of 35.68 and a beta of 0.35. Hometrust Bancshares has a 12 month low of $21.40 and a 12 month high of $28.00. The company has a debt-to-equity ratio of 1.68, a quick ratio of 1.32 and a current ratio of 1.32.

Hometrust Bancshares (NASDAQ:HTBI) last released its earnings results on Monday, October 30th. The financial services provider reported $0.30 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.27 by $0.03. Hometrust Bancshares had a net margin of 11.28% and a return on equity of 4.71%. The business had revenue of $29.16 million for the quarter, compared to analyst estimates of $30.00 million.

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Paradice Investment Management LLC increased its holdings in shares of Hometrust Bancshares by 29.8% during the 3rd quarter. Paradice Investment Management LLC now owns 1,112,960 shares of the financial services provider’s stock worth $28,547,000 after buying an additional 255,209 shares during the last quarter. Pax World Management LLC increased its holdings in shares of Hometrust Bancshares by 13.4% during the 3rd quarter. Pax World Management LLC now owns 882,945 shares of the financial services provider’s stock worth $22,648,000 after buying an additional 104,446 shares during the last quarter. Janus Henderson Group PLC increased its holdings in shares of Hometrust Bancshares by 15.4% during the 3rd quarter. Janus Henderson Group PLC now owns 858,139 shares of the financial services provider’s stock worth $22,011,000 after buying an additional 114,354 shares during the last quarter. Vanguard Group Inc. increased its holdings in shares of Hometrust Bancshares by 3.2% during the 2nd quarter. Vanguard Group Inc. now owns 705,582 shares of the financial services provider’s stock worth $17,215,000 after buying an additional 21,760 shares during the last quarter. Finally, Dimensional Fund Advisors LP increased its holdings in shares of Hometrust Bancshares by 8.9% during the 3rd quarter. Dimensional Fund Advisors LP now owns 661,390 shares of the financial services provider’s stock worth $16,965,000 after buying an additional 54,233 shares during the last quarter. Institutional investors and hedge funds own 60.33% of the company’s stock.

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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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