HomeTrust Bancshares (NYSE:HTB) Upgraded to Hold at Wall Street Zen

Wall Street Zen upgraded shares of HomeTrust Bancshares (NYSE:HTB) from a sell rating to a hold rating in a report published on Saturday.

Several other brokerages have also weighed in on HTB. Weiss Ratings began coverage on shares of HomeTrust Bancshares in a report on Wednesday, January 14th. They set a “buy (b)” rating on the stock. Hovde Group downgraded HomeTrust Bancshares from a “strong-buy” rating to a “hold” rating in a research note on Monday, January 12th. One investment analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy”.

HomeTrust Bancshares Price Performance

HomeTrust Bancshares stock opened at $43.10 on Friday. The company has a quick ratio of 1.05, a current ratio of 1.11 and a debt-to-equity ratio of 0.29. HomeTrust Bancshares has a 52-week low of $30.95 and a 52-week high of $47.64. The business’s fifty day moving average is $42.96. The firm has a market capitalization of $729.72 million, a price-to-earnings ratio of 11.59 and a beta of 0.86.

HomeTrust Bancshares (NYSE:HTB) last issued its earnings results on Thursday, January 22nd. The company reported $0.93 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.91 by $0.02. The business had revenue of $53.90 million for the quarter. HomeTrust Bancshares had a net margin of 22.01% and a return on equity of 11.00%.

HomeTrust Bancshares Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, February 26th. Investors of record on Wednesday, February 18th were given a $0.13 dividend. The ex-dividend date of this dividend was Wednesday, February 18th. This represents a $0.52 annualized dividend and a yield of 1.2%. HomeTrust Bancshares’s dividend payout ratio (DPR) is presently 13.98%.

Insider Buying and Selling

In other HomeTrust Bancshares news, EVP John Francis Sprink II sold 2,000 shares of the business’s stock in a transaction on Friday, February 6th. The shares were sold at an average price of $45.00, for a total transaction of $90,000.00. Following the completion of the sale, the executive vice president owned 13,465 shares in the company, valued at approximately $605,925. The trade was a 12.93% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Company insiders own 10.57% of the company’s stock.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in HomeTrust Bancshares stock. Hsbc Holdings PLC bought a new position in shares of HomeTrust Bancshares, Inc. (NYSE:HTB) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 9,087 shares of the company’s stock, valued at approximately $389,000. Hsbc Holdings PLC owned approximately 0.05% of HomeTrust Bancshares at the end of the most recent reporting period. 60.94% of the stock is currently owned by institutional investors.

HomeTrust Bancshares Company Profile

HomeTrust Bancshares, Inc is the bank holding company for HomeTrust Bank, a regional community bank that provides a range of commercial and consumer banking services. Through its subsidiary bank, the company offers traditional deposit and lending products, including checking and savings accounts, certificates of deposit, residential mortgages, home equity lending, and business loans. HomeTrust also delivers treasury management and payment services for small and midsize businesses, along with digital banking tools to support day-to-day account access and payments.

The company’s product set extends beyond core banking to include wealth management and trust services, commercial real estate financing, and specialized lending for agriculture and construction where relevant to local markets.