HomeTrust Bancshares (NASDAQ:HTBI) was upgraded by equities research analysts at BidaskClub from a “hold” rating to a “buy” rating in a research report issued to clients and investors on Wednesday.

A number of other brokerages have also issued reports on HTBI. TheStreet upgraded shares of HomeTrust Bancshares from a “c” rating to a “b-” rating in a research note on Friday, November 17th. Keefe, Bruyette & Woods restated a “hold” rating and issued a $27.00 target price on shares of HomeTrust Bancshares in a research note on Tuesday, October 3rd.

Shares of HomeTrust Bancshares (HTBI) traded down $0.10 during mid-day trading on Wednesday, reaching $26.50. 17,822 shares of the company’s stock were exchanged, compared to its average volume of 31,543. HomeTrust Bancshares has a 52-week low of $21.40 and a 52-week high of $27.80. The company has a debt-to-equity ratio of 1.68, a current ratio of 1.32 and a quick ratio of 1.32. The firm has a market cap of $502.49, a price-to-earnings ratio of 26.77 and a beta of 0.34.

HomeTrust Bancshares (NASDAQ:HTBI) last issued its earnings results on Monday, October 30th. The financial services provider reported $0.30 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 net margin of 11.28% and a return on equity of 4.71%.

Several institutional investors have recently modified their holdings of the company. SG Americas Securities LLC acquired a new stake in HomeTrust Bancshares during the third quarter worth about $106,000. Russell Investments Group Ltd. raised its stake 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. raised its stake 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 stake in HomeTrust Bancshares during the second quarter worth about $288,000. Finally, Ameriprise Financial Inc. acquired a new stake in HomeTrust Bancshares during the second quarter worth about $291,000. Institutional investors and hedge funds own 60.33% of the company’s stock.

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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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