TheStreet upgraded shares of HomeTrust Bancshares, Inc. (NASDAQ:HTBI) from a c rating to a b- rating in a research note issued to investors on Friday.

A number of other analysts also recently issued reports on HTBI. BidaskClub downgraded HomeTrust Bancshares from a hold rating to a sell rating in a report on Thursday, July 27th. Keefe, Bruyette & Woods reaffirmed a hold rating and set a $27.00 price target on shares of HomeTrust Bancshares in a report on Tuesday, October 3rd.

HomeTrust Bancshares (NASDAQ HTBI) traded up $0.50 during trading hours on Friday, reaching $26.50. The company had a trading volume of 24,900 shares, compared to its average volume of 42,963. The stock has a market capitalization of $493.01, a price-to-earnings ratio of 26.26 and a beta of 0.35. HomeTrust Bancshares has a 52-week low of $21.40 and a 52-week high of $27.05. The company has a debt-to-equity ratio of 1.68, a quick ratio of 1.32 and a current ratio of 1.32.

HomeTrust Bancshares (NASDAQ:HTBI) last announced its quarterly earnings results on Monday, October 30th. The financial services provider reported $0.30 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.27 by $0.03. The company had revenue of $29.16 million during the quarter, compared to the consensus estimate of $30.00 million. HomeTrust Bancshares had a return on equity of 4.71% and a net margin of 11.28%.

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Several institutional investors have recently bought and sold shares of the company. Los Angeles Capital Management & Equity Research Inc. lifted its holdings in shares of HomeTrust Bancshares by 1.0% in the 2nd quarter. Los Angeles Capital Management & Equity Research Inc. now owns 10,350 shares of the financial services provider’s stock valued at $253,000 after purchasing an additional 100 shares during the last quarter. TIAA CREF Investment Management LLC lifted its holdings in shares of HomeTrust Bancshares by 0.5% in the 2nd quarter. TIAA CREF Investment Management LLC now owns 96,941 shares of the financial services provider’s stock valued at $2,365,000 after purchasing an additional 453 shares during the last quarter. The Manufacturers Life Insurance Company lifted its holdings in shares of HomeTrust Bancshares by 3.6% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 14,051 shares of the financial services provider’s stock valued at $342,000 after purchasing an additional 488 shares during the last quarter. Federated Investors Inc. PA lifted its holdings in shares of HomeTrust Bancshares by 2.2% in the 2nd quarter. Federated Investors Inc. PA now owns 25,335 shares of the financial services provider’s stock valued at $618,000 after purchasing an additional 544 shares during the last quarter. Finally, American International Group Inc. lifted its holdings in shares of HomeTrust Bancshares by 7.0% in the 1st quarter. American International Group Inc. now owns 10,178 shares of the financial services provider’s stock valued at $239,000 after purchasing an additional 663 shares during the last quarter. 62.14% of the stock is owned by institutional investors and hedge funds.

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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