Hometrust Bancshares (NASDAQ:HTBI) Share Price Crosses Above 200 Day Moving Average of $25.99

Shares of Hometrust Bancshares Inc (NASDAQ:HTBI) crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $25.99 and traded as high as $26.60. Hometrust Bancshares shares last traded at $26.55, with a volume of 1,264 shares traded.

A number of analysts have recently commented on HTBI shares. BidaskClub cut shares of Hometrust Bancshares from a “hold” rating to a “sell” rating in a research note on Wednesday, January 8th. Sandler O’Neill started coverage on shares of Hometrust Bancshares in a research note on Wednesday, December 18th. They set a “hold” rating and a $28.00 target price for the company.

The firm has a market cap of $471.65 million, a PE ratio of 17.17 and a beta of 0.36. The business’s 50 day moving average price is $26.66 and its 200 day moving average price is $25.99. The company has a debt-to-equity ratio of 1.66, a current ratio of 1.29 and a quick ratio of 1.17.

Hometrust Bancshares (NASDAQ:HTBI) last released its earnings results on Tuesday, October 29th. The financial services provider reported $0.49 EPS for the quarter, topping analysts’ consensus estimates of $0.42 by $0.07. The business had revenue of $34.73 million during the quarter. Hometrust Bancshares had a net margin of 16.95% and a return on equity of 6.79%.

In related news, Director Craig C. Koontz sold 1,290 shares of the business’s stock in a transaction dated Friday, December 6th. The shares were sold at an average price of $26.60, for a total transaction of $34,314.00. Following the transaction, the director now directly owns 32,419 shares in the company, valued at $862,345.40. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Tony J. Vuncannon sold 2,800 shares of the business’s stock in a transaction dated Monday, December 16th. The stock was sold at an average price of $26.70, for a total transaction of $74,760.00. Following the transaction, the chief financial officer now owns 43,007 shares in the company, valued at $1,148,286.90. The disclosure for this sale can be found here. Insiders have sold 32,752 shares of company stock valued at $864,628 in the last three months. Corporate insiders own 6.87% of the company’s stock.

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Zurcher Kantonalbank Zurich Cantonalbank boosted its position in Hometrust Bancshares by 122.5% during the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 3,077 shares of the financial services provider’s stock worth $83,000 after acquiring an additional 1,694 shares during the last quarter. Dalton Greiner Hartman Maher & Co. boosted its position in Hometrust Bancshares by 4.6% during the fourth quarter. Dalton Greiner Hartman Maher & Co. now owns 145,320 shares of the financial services provider’s stock worth $3,899,000 after acquiring an additional 6,448 shares during the last quarter. Hennessy Advisors Inc. acquired a new position in Hometrust Bancshares during the fourth quarter worth about $2,281,000. Squarepoint Ops LLC boosted its position in Hometrust Bancshares by 16.2% during the third quarter. Squarepoint Ops LLC now owns 13,827 shares of the financial services provider’s stock worth $360,000 after acquiring an additional 1,927 shares during the last quarter. Finally, State Street Corp boosted its position in Hometrust Bancshares by 1.7% during the third quarter. State Street Corp now owns 381,575 shares of the financial services provider’s stock worth $9,948,000 after acquiring an additional 6,433 shares during the last quarter. Hedge funds and other institutional investors own 61.71% of the company’s stock.

Hometrust Bancshares Company Profile (NASDAQ:HTBI)

HomeTrust Bancshares, Inc operates as the bank holding company for HomeTrust Bank that provides a range of retail and commercial banking products. Its deposit products include savings, money market, and demand accounts, as well as certificates of deposit for individuals, businesses, and nonprofit organizations.

Recommended Story: Sell-Side Analysts

Receive News & Ratings for Hometrust Bancshares Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hometrust Bancshares and related companies with MarketBeat.com's FREE daily email newsletter.