Keefe, Bruyette & Woods Reaffirms Neutral Rating for Hometrust Bancshares (HTBI)

Keefe, Bruyette & Woods reiterated their neutral rating on shares of Hometrust Bancshares (NASDAQ:HTBI) in a research report report published on Friday morning.

A number of other research analysts have also issued reports on HTBI. BidaskClub lowered Hometrust Bancshares from a buy rating to a hold rating in a report on Thursday, December 14th. TheStreet raised Hometrust Bancshares from a c rating to a b- rating in a report on Friday, November 17th.

Hometrust Bancshares (HTBI) opened at $26.65 on Friday. The stock has a market capitalization of $507.24, a P/E ratio of 36.51 and a beta of 0.34. The company has a quick ratio of 1.32, a current ratio of 1.32 and a debt-to-equity ratio of 1.68. Hometrust Bancshares has a twelve month low of $21.40 and a twelve month high of $28.00.

Hometrust Bancshares (NASDAQ:HTBI) last released its earnings results on Monday, October 30th. The financial services provider reported $0.30 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.27 by $0.03. The business had revenue of $29.16 million for the quarter, compared to analyst estimates of $30.00 million. Hometrust Bancshares had a return on equity of 4.71% and a net margin of 11.28%.

A number of hedge funds have recently made changes to their positions in HTBI. SG Americas Securities LLC acquired a new position in Hometrust Bancshares during the third quarter worth $106,000. Russell Investments Group Ltd. grew its holdings in Hometrust Bancshares by 160.3% during the second quarter. Russell Investments Group Ltd. now owns 8,275 shares of the financial services provider’s stock worth $202,000 after acquiring an additional 5,096 shares during the period. Los Angeles Capital Management & Equity Research Inc. grew its holdings in Hometrust Bancshares by 1.0% during the second quarter. Los Angeles Capital Management & Equity Research Inc. now owns 10,350 shares of the financial services provider’s stock worth $253,000 after acquiring an additional 100 shares during the period. Alliancebernstein L.P. acquired a new position in Hometrust Bancshares during the second quarter worth $288,000. Finally, Ameriprise Financial Inc. acquired a new position in Hometrust Bancshares during the second quarter worth $291,000. 60.33% of the stock is currently owned by hedge funds and other institutional investors.

WARNING: “Keefe, Bruyette & Woods Reaffirms Neutral Rating for Hometrust Bancshares (HTBI)” was first reported by Community Financial News and is the property of of Community Financial News. If you are accessing this piece on another site, it was stolen and reposted in violation of U.S. and international copyright and trademark law. The original version of this piece can be read at https://www.com-unik.info/2017/12/26/keefe-bruyette-woods-reaffirms-neutral-rating-for-hometrust-bancshares-htbi.html.

Hometrust Bancshares Company Profile

HomeTrust Bancshares, Inc is a bank holding company of HomeTrust Bank (the Bank). The Bank’s principal business consists of attracting deposits from the public and investing those funds, along with borrowed funds, in loans secured primarily by first and second mortgages on one- to four-family residences, including home equity loans, construction and land/lot loans, commercial real estate loans, construction and development loans, commercial and industrial loans, indirect automobile, and municipal leases.

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.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit