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

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

Other research analysts have also recently issued research reports about the stock. Hovde Group cut shares of HomeTrust Bancshares from a “strong-buy” rating to a “hold” rating in a report on Monday, January 12th. Weiss Ratings assumed coverage on shares of HomeTrust Bancshares in a report on Wednesday, January 14th. They set a “buy (b)” rating for the company. One research analyst has rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy”.

HomeTrust Bancshares Stock Up 1.3%

Shares of HTB stock opened at $43.62 on Friday. The stock’s fifty day moving average is $42.99. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.11 and a quick ratio of 1.05. HomeTrust Bancshares has a 12-month low of $31.05 and a 12-month high of $47.64. The company has a market capitalization of $738.42 million, a P/E ratio of 11.72 and a beta of 0.86.

HomeTrust Bancshares (NYSE:HTB) last issued its quarterly earnings data 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. HomeTrust Bancshares had a net margin of 22.01% and a return on equity of 11.00%. The company had revenue of $53.90 million during the quarter.

HomeTrust Bancshares Dividend Announcement

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

Insider Buying and Selling

In other HomeTrust Bancshares news, EVP John Francis Sprink II sold 2,000 shares of the stock in a transaction on Friday, February 6th. The shares were sold at an average price of $45.00, for a total value of $90,000.00. Following the completion of the sale, the executive vice president owned 13,465 shares in the company, valued at $605,925. This trade represents a 12.93% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. 10.57% of the stock is currently owned by corporate insiders.

Institutional Trading of HomeTrust Bancshares

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

About HomeTrust Bancshares

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.