HomeTrust Bancshares (NYSE:HTB) Raised to Hold at Wall Street Zen

HomeTrust Bancshares (NYSE:HTB) was upgraded by investment analysts at Wall Street Zen from a “sell” rating to a “hold” rating in a research report issued to clients and investors on Saturday.

A number of other equities analysts also recently commented on the stock. Hovde Group downgraded shares of HomeTrust Bancshares from a “strong-buy” rating to a “hold” rating in a research note on Monday, January 12th. Weiss Ratings started coverage on HomeTrust Bancshares in a report on Wednesday, January 14th. They issued a “buy (b)” rating for the company. One investment analyst has rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy”.

HomeTrust Bancshares Trading Down 3.6%

HTB stock opened at $42.20 on Friday. HomeTrust Bancshares has a twelve month low of $30.95 and a twelve month high of $47.64. The firm has a market capitalization of $736.14 million, a price-to-earnings ratio of 11.34 and a beta of 0.90. The company has a debt-to-equity ratio of 0.40, a quick ratio of 1.07 and a current ratio of 1.12.

HomeTrust Bancshares (NYSE:HTB) last issued its earnings results on Thursday, January 22nd. The company reported $0.93 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.91 by $0.02. The firm had revenue of $53.90 million during the quarter. HomeTrust Bancshares had a net margin of 22.01% and a return on equity of 11.09%.

Insider Activity at HomeTrust Bancshares

In related news, EVP John Francis Sprink II sold 2,000 shares of the company’s stock in a transaction on Friday, February 6th. The stock was sold at an average price of $45.00, for a total transaction of $90,000.00. Following the completion of the sale, the executive vice president directly owned 13,465 shares in the company, valued at $605,925. This represents a 12.93% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link. Insiders own 10.57% of the company’s stock.

HomeTrust Bancshares Company Profile

HomeTrust Bancshares, Inc is the bank holding company for HomeTrust Bank, a regional community bank that provides a range of commercial and consumer banking services. Through its subsidiary bank, the company offers traditional deposit and lending products, including checking and savings accounts, certificates of deposit, residential mortgages, home equity lending, and business loans. HomeTrust also delivers treasury management and payment services for small and midsize businesses, along with digital banking tools to support day-to-day account access and payments.

The company’s product set extends beyond core banking to include wealth management and trust services, commercial real estate financing, and specialized lending for agriculture and construction where relevant to local markets.