HomeTrust Bancshares (NASDAQ:HTBI – Get Free Report) was downgraded by equities researchers at Raymond James from an “outperform” rating to a “market perform” rating in a research note issued on Monday, Briefing.com reports.
A number of other brokerages have also recently issued reports on HTBI. Keefe, Bruyette & Woods raised their price objective on shares of HomeTrust Bancshares from $32.00 to $38.00 and gave the company an “outperform” rating in a research note on Monday, July 29th. StockNews.com raised HomeTrust Bancshares from a “hold” rating to a “buy” rating in a research note on Thursday, July 25th. Finally, Hovde Group began coverage on HomeTrust Bancshares in a research note on Wednesday, July 31st. They set an “outperform” rating and a $42.00 price objective for the company. One research analyst has rated the stock with a hold rating and four have given a buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $34.50.
View Our Latest Analysis on HomeTrust Bancshares
HomeTrust Bancshares Trading Down 1.5 %
HomeTrust Bancshares (NASDAQ:HTBI – Get Free Report) last announced its quarterly earnings data on Thursday, October 24th. The financial services provider reported $0.76 EPS for the quarter, missing analysts’ consensus estimates of $0.80 by ($0.04). The firm had revenue of $74.93 million during the quarter, compared to analyst estimates of $50.13 million. HomeTrust Bancshares had a return on equity of 11.04% and a net margin of 19.42%. As a group, equities research analysts expect that HomeTrust Bancshares will post 3.18 EPS for the current year.
Institutional Trading of HomeTrust Bancshares
Several hedge funds have recently added to or reduced their stakes in the business. AQR Capital Management LLC bought a new stake in shares of HomeTrust Bancshares in the second quarter worth about $201,000. Creative Planning bought a new position in shares of HomeTrust Bancshares during the 3rd quarter valued at about $266,000. Quadrature Capital Ltd acquired a new position in shares of HomeTrust Bancshares in the 1st quarter valued at approximately $323,000. SG Americas Securities LLC bought a new stake in HomeTrust Bancshares during the 3rd quarter worth approximately $326,000. Finally, Huber Capital Management LLC raised its holdings in HomeTrust Bancshares by 9.1% during the 2nd quarter. Huber Capital Management LLC now owns 17,742 shares of the financial services provider’s stock worth $533,000 after buying an additional 1,487 shares during the period. Institutional investors and hedge funds own 60.94% of the company’s stock.
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 and services. The company’s deposit products include savings, money market, noninterest-bearing, and interest-bearing checking accounts, as well as certificates of deposit for individuals, business, and nonprofit organizations.
Further Reading
- Five stocks we like better than HomeTrust Bancshares
- NYSE Stocks Give Investors a Variety of Quality Options
- GM’s Lithium Americas Deal Positions It for EV Dominance
- How to Choose Top Rated Stocks
- Amazon: Why Analysts Think It’s A Solid Buy Ahead Of Earnings
- What is the Dow Jones Industrial Average (DJIA)?
- NextEra’s Diverse Business Is Set to Win As Energy Demand Rises
Receive News & Ratings for HomeTrust Bancshares Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for HomeTrust Bancshares and related companies with MarketBeat.com's FREE daily email newsletter.