Hometrust Bancshares (NASDAQ:HTBI) was upgraded by analysts at BidaskClub from a “sell” rating to a “hold” rating in a research note issued to investors on Friday, October 12th.
Separately, TheStreet raised Hometrust Bancshares from a “c” rating to a “b-” rating in a research report on Friday, August 10th.
HTBI stock traded down $0.29 during mid-day trading on Friday, reaching $27.77. The company had a trading volume of 56,808 shares, compared to its average volume of 44,992. The company has a quick ratio of 1.31, a current ratio of 1.31 and a debt-to-equity ratio of 1.56. The company has a market cap of $531.94 million, a price-to-earnings ratio of 20.12 and a beta of 0.32. Hometrust Bancshares has a 52 week low of $24.20 and a 52 week high of $30.00.
In related news, Director Craig C. Koontz sold 8,000 shares of Hometrust Bancshares stock in a transaction that occurred on Friday, August 10th. The stock was sold at an average price of $29.50, for a total transaction of $236,000.00. Following the completion of the sale, the director now directly owns 39,729 shares of the company’s stock, valued at approximately $1,172,005.50. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, EVP Howard L. Sellinger sold 10,000 shares of Hometrust Bancshares stock in a transaction that occurred on Tuesday, August 7th. The stock was sold at an average price of $29.30, for a total value of $293,000.00. Following the sale, the executive vice president now directly owns 32,983 shares of the company’s stock, valued at $966,401.90. The disclosure for this sale can be found here. Company insiders own 6.34% of the company’s stock.
Hedge funds and other institutional investors have recently made changes to their positions in the business. SG Americas Securities LLC acquired a new position in Hometrust Bancshares in the 1st quarter valued at $124,000. MetLife Investment Advisors LLC increased its stake in shares of Hometrust Bancshares by 32.4% in the 2nd quarter. MetLife Investment Advisors LLC now owns 8,531 shares of the financial services provider’s stock valued at $240,000 after purchasing an additional 2,087 shares during the last quarter. Brown Advisory Inc. bought a new position in shares of Hometrust Bancshares in the 1st quarter valued at $277,000. FSI Group LLC increased its stake in shares of Hometrust Bancshares by 77.8% in the 2nd quarter. FSI Group LLC now owns 13,398 shares of the financial services provider’s stock valued at $377,000 after purchasing an additional 5,862 shares during the last quarter. Finally, Citadel Advisors LLC bought a new position in shares of Hometrust Bancshares in the 2nd quarter valued at $378,000. 60.90% of the stock is owned by hedge funds and other institutional investors.
Hometrust Bancshares Company Profile
HomeTrust Bancshares, Inc operates as the bank holding company for HomeTrust Bank that provides a range of retail and commercial banking products. Its deposit products include savings, money market, and demand accounts, as well as certificates of deposit for individuals, businesses, and nonprofit organizations.
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