HomeTrust Bancshares (NASDAQ:HTBI) Earns Hold Rating from Analysts at StockNews.com

Equities researchers at StockNews.com started coverage on shares of HomeTrust Bancshares (NASDAQ:HTBI) in a note issued to investors on Wednesday. The firm set a “hold” rating on the financial services provider’s stock.

HomeTrust Bancshares Stock Performance

NASDAQ:HTBI opened at $36.53 on Wednesday. The stock has a 50-day simple moving average of $36.53 and a two-hundred day simple moving average of $35.90. HomeTrust Bancshares has a 52-week low of $26.00 and a 52-week high of $38.99. The company has a debt-to-equity ratio of 0.50, a quick ratio of 1.06 and a current ratio of 1.11. The firm has a market capitalization of $640.28 million, a PE ratio of 11.41 and a beta of 0.86.

Hedge Funds Weigh In On HomeTrust Bancshares

Several large investors have recently modified their holdings of HTBI. Dimensional Fund Advisors LP lifted its position in shares of HomeTrust Bancshares by 3.9% during the fourth quarter. Dimensional Fund Advisors LP now owns 725,249 shares of the financial services provider’s stock worth $24,427,000 after purchasing an additional 27,120 shares during the last quarter. Wellington Management Group LLP grew its stake in shares of HomeTrust Bancshares by 3.8% during the fourth quarter. Wellington Management Group LLP now owns 372,727 shares of the financial services provider’s stock worth $12,553,000 after acquiring an additional 13,589 shares during the last quarter. American Century Companies Inc. grew its stake in shares of HomeTrust Bancshares by 13.3% during the fourth quarter. American Century Companies Inc. now owns 329,246 shares of the financial services provider’s stock worth $11,089,000 after acquiring an additional 38,647 shares during the last quarter. Northern Trust Corp boosted its position in HomeTrust Bancshares by 4.2% in the fourth quarter. Northern Trust Corp now owns 139,583 shares of the financial services provider’s stock valued at $4,701,000 after buying an additional 5,569 shares during the last quarter. Finally, Alliancebernstein L.P. boosted its position in HomeTrust Bancshares by 18.9% in the fourth quarter. Alliancebernstein L.P. now owns 133,195 shares of the financial services provider’s stock valued at $4,486,000 after buying an additional 21,183 shares during the last quarter. Institutional investors own 60.94% of the company’s stock.

About HomeTrust Bancshares

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.