HomeTrust Bancshares, Inc. (NASDAQ:HTBI) was downgraded by equities research analysts at BidaskClub from a “buy” rating to a “hold” rating in a report released on Thursday.

HTBI has been the topic of several other research reports. Keefe, Bruyette & Woods reiterated a “hold” rating and set a $26.00 price objective on shares of HomeTrust Bancshares in a research report on Thursday, April 27th. TheStreet lowered HomeTrust Bancshares from a “b-” rating to a “c” rating in a research note on Friday, April 28th. Finally, Compass Point assumed coverage on HomeTrust Bancshares in a research note on Thursday, May 18th. They set a “buy” rating and a $29.00 price target on the stock. Two analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. The company currently has an average rating of “Hold” and an average target price of $27.50.

HomeTrust Bancshares (NASDAQ:HTBI) traded down 0.61% during mid-day trading on Thursday, reaching $24.25. 32,323 shares of the company’s stock were exchanged. The stock has a 50-day moving average price of $24.77 and a 200 day moving average price of $24.72. HomeTrust Bancshares has a 52-week low of $17.28 and a 52-week high of $27.05. The company has a market cap of $459.46 million, a PE ratio of 41.10 and a beta of 0.32.

HomeTrust Bancshares (NASDAQ:HTBI) last released its quarterly earnings data on Thursday, April 27th. The financial services provider reported $0.27 EPS for the quarter, beating the consensus estimate of $0.21 by $0.06. HomeTrust Bancshares had a return on equity of 4.27% and a net margin of 9.47%. The company had revenue of $28.61 million during the quarter, compared to the consensus estimate of $26.55 million. Equities analysts predict that HomeTrust Bancshares will post $0.93 earnings per share for the current fiscal year.

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Several large investors have recently added to or reduced their stakes in the stock. Nine Chapters Capital Management LLC purchased a new stake in HomeTrust Bancshares during the first quarter valued at approximately $202,000. American International Group Inc. increased its stake in HomeTrust Bancshares by 7.0% in the first quarter. American International Group Inc. now owns 10,178 shares of the financial services provider’s stock valued at $239,000 after buying an additional 663 shares in the last quarter. TFS Capital LLC purchased a new stake in HomeTrust Bancshares during the first quarter valued at approximately $249,000. A.R.T. Advisors LLC purchased a new stake in HomeTrust Bancshares during the fourth quarter valued at approximately $266,000. Finally, Altavista Wealth Management Inc. purchased a new stake in HomeTrust Bancshares during the first quarter valued at approximately $296,000. Hedge funds and other institutional investors own 59.03% of the company’s stock.

About HomeTrust Bancshares

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.

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