StockNews.com Initiates Coverage on HomeTrust Bancshares (NASDAQ:HTBI)

Equities research analysts at StockNews.com initiated coverage on shares of HomeTrust Bancshares (NASDAQ:HTBI) in a report released on Friday. The firm set a “hold” rating on the financial services provider’s stock.

HomeTrust Bancshares Stock Down 1.8%

NASDAQ HTBI opened at $36.53 on Friday. The business’s fifty day simple moving average is $36.53 and its 200-day simple moving average is $36.13. HomeTrust Bancshares has a 52 week low of $26.93 and a 52 week high of $38.99. The firm has a market cap of $640.28 million, a PE ratio of 11.41 and a beta of 0.86. The company has a quick ratio of 1.06, a current ratio of 1.11 and a debt-to-equity ratio of 0.50.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the business. CWM LLC grew its holdings in HomeTrust Bancshares by 44.0% in the first quarter. CWM LLC now owns 1,316 shares of the financial services provider’s stock valued at $45,000 after purchasing an additional 402 shares during the last quarter. GAMMA Investing LLC grew its holdings in HomeTrust Bancshares by 4,400.0% in the first quarter. GAMMA Investing LLC now owns 2,160 shares of the financial services provider’s stock valued at $790,000 after purchasing an additional 2,112 shares during the last quarter. Tower Research Capital LLC TRC grew its holdings in HomeTrust Bancshares by 138.5% in the fourth quarter. Tower Research Capital LLC TRC now owns 2,490 shares of the financial services provider’s stock valued at $84,000 after purchasing an additional 1,446 shares during the last quarter. Meeder Asset Management Inc. acquired a new stake in HomeTrust Bancshares in the first quarter valued at $127,000. Finally, Dynamic Technology Lab Private Ltd acquired a new stake in HomeTrust Bancshares in the fourth quarter valued at $233,000. Institutional investors and hedge funds 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.