HomeTrust Bancshares, Inc. (NASDAQ:HTBI) was downgraded by investment analysts at BidaskClub from a “sell” rating to a “strong sell” rating in a report issued on Saturday.

Several other equities research analysts also recently weighed in on HTBI. Compass Point assumed coverage on shares of HomeTrust Bancshares in a research note on Thursday, May 18th. They issued a “buy” rating and a $29.00 target price for the company. TheStreet downgraded shares of HomeTrust Bancshares from a “b-” rating to a “c” rating in a research note on Friday, April 28th. Finally, Keefe, Bruyette & Woods restated a “hold” rating and issued a $26.00 target price on shares of HomeTrust Bancshares in a research note on Thursday, April 27th. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and one has assigned a buy rating to the company’s stock. HomeTrust Bancshares has a consensus rating of “Hold” and a consensus target price of $27.50.

HomeTrust Bancshares (HTBI) traded down 0.22% during trading on Friday, reaching $23.10. The company had a trading volume of 36,242 shares. The stock has a market capitalization of $414.32 million, a P/E ratio of 35.54 and a beta of 0.31. The stock has a 50 day moving average of $24.41 and a 200-day moving average of $24.46. HomeTrust Bancshares has a 12-month low of $17.28 and a 12-month high of $27.05.

HomeTrust Bancshares (NASDAQ:HTBI) last announced its earnings results on Wednesday, July 26th. The financial services provider reported $0.25 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.27 by $0.02. The firm had revenue of $28.63 million during the quarter, compared to analyst estimates of $29.53 million. HomeTrust Bancshares had a net margin of 10.31% and a return on equity of 4.55%. On average, analysts forecast that HomeTrust Bancshares will post $1.24 earnings per share for the current fiscal year.

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Large investors have recently bought and sold shares of the company. TFS Capital LLC bought a new stake in HomeTrust Bancshares during the first quarter valued at approximately $249,000. Bank of New York Mellon Corp increased its stake in HomeTrust Bancshares by 2.2% in the first quarter. Bank of New York Mellon Corp now owns 105,978 shares of the financial services provider’s stock valued at $2,491,000 after buying an additional 2,253 shares during the last quarter. Eidelman Virant Capital increased its stake in HomeTrust Bancshares by 25.9% in the first quarter. Eidelman Virant Capital now owns 17,000 shares of the financial services provider’s stock valued at $399,000 after buying an additional 3,500 shares during the last quarter. Strs Ohio increased its stake in HomeTrust Bancshares by 5.0% in the first quarter. Strs Ohio now owns 29,400 shares of the financial services provider’s stock valued at $690,000 after buying an additional 1,400 shares during the last quarter. Finally, Acadian Asset Management LLC increased its stake in HomeTrust Bancshares by 6.2% in the first quarter. Acadian Asset Management LLC now owns 28,690 shares of the financial services provider’s stock valued at $673,000 after buying an additional 1,673 shares during the last quarter. Institutional investors and hedge funds own 58.89% of the company’s stock.

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.

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