Hometrust Bancshares Inc (NASDAQ:HTBI) Director F. K. Mcfarland III sold 2,088 shares of the firm’s stock in a transaction dated Monday, November 18th. The shares were sold at an average price of $26.05, for a total value of $54,392.40. Following the sale, the director now owns 32,212 shares in the company, valued at $839,122.60. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website.
HTBI stock traded up $0.16 during midday trading on Monday, hitting $26.13. 1,931 shares of the company’s stock were exchanged, compared to its average volume of 28,640. The company has a current ratio of 1.29, a quick ratio of 1.31 and a debt-to-equity ratio of 1.66. Hometrust Bancshares Inc has a 12-month low of $23.93 and a 12-month high of $28.79. The firm has a 50 day moving average price of $26.13 and a 200-day moving average price of $25.47. The stock has a market capitalization of $464.37 million, a price-to-earnings ratio of 17.22 and a beta of 0.36.
Hometrust Bancshares (NASDAQ:HTBI) last posted its quarterly earnings data on Tuesday, October 29th. The financial services provider reported $0.49 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.42 by $0.07. Hometrust Bancshares had a return on equity of 6.79% and a net margin of 16.95%. The company had revenue of $34.73 million for the quarter.
A number of hedge funds have recently bought and sold shares of HTBI. Bank of Montreal Can purchased a new stake in Hometrust Bancshares during the 2nd quarter worth approximately $33,000. Marshall Wace LLP purchased a new stake in Hometrust Bancshares during the 1st quarter worth approximately $116,000. Ladenburg Thalmann Financial Services Inc. increased its holdings in Hometrust Bancshares by 58.9% during the 2nd quarter. Ladenburg Thalmann Financial Services Inc. now owns 6,570 shares of the financial services provider’s stock worth $165,000 after purchasing an additional 2,435 shares during the last quarter. Virginia Retirement Systems ET AL purchased a new stake in Hometrust Bancshares during the 2nd quarter worth approximately $209,000. Finally, Moors & Cabot Inc. increased its holdings in Hometrust Bancshares by 5.3% during the 3rd quarter. Moors & Cabot Inc. now owns 10,000 shares of the financial services provider’s stock worth $261,000 after purchasing an additional 500 shares during the last quarter. Institutional investors own 61.57% of the company’s stock.
Several brokerages recently commented on HTBI. BidaskClub downgraded Hometrust Bancshares from a “buy” rating to a “hold” rating in a report on Friday. Compass Point set a $31.00 target price on Hometrust Bancshares and gave the company a “buy” rating in a report on Friday, July 26th. Finally, TheStreet upgraded Hometrust Bancshares from a “c+” rating to a “b-” rating in a report on Tuesday, July 30th.
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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