Hometrust Bancshares (NASDAQ:HTBI) has been given a $28.00 target price by research analysts at Sandler O’Neill in a research note issued on Thursday. The brokerage currently has a “hold” rating on the financial services provider’s stock. Sandler O’Neill’s target price points to a potential upside of 10.24% from the company’s previous close.

A number of other equities analysts also recently commented on HTBI. BidaskClub downgraded Hometrust Bancshares from a “hold” rating to a “sell” rating in a research note on Saturday, December 30th. Keefe, Bruyette & Woods restated a “hold” rating and issued a $27.00 target price on shares of Hometrust Bancshares in a research note on Tuesday, October 3rd. Finally, TheStreet upgraded Hometrust Bancshares from a “c” rating to a “b-” rating in a research note on Friday, November 17th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and one has assigned a buy rating to the stock. Hometrust Bancshares presently has an average rating of “Hold” and an average price target of $28.00.

Hometrust Bancshares (NASDAQ HTBI) opened at $25.40 on Thursday. The company has a quick ratio of 1.32, a current ratio of 1.32 and a debt-to-equity ratio of 1.68. Hometrust Bancshares has a 52 week low of $21.40 and a 52 week high of $28.00. The company has a market capitalization of $486.38, a P/E ratio of 34.79 and a beta of 0.35.

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

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Los Angeles Capital Management & Equity Research Inc. raised its holdings in shares of Hometrust Bancshares by 1.0% during the second 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 buying an additional 100 shares during the last quarter. TIAA CREF Investment Management LLC raised its holdings in shares of Hometrust Bancshares by 0.5% during the second quarter. TIAA CREF Investment Management LLC now owns 96,941 shares of the financial services provider’s stock valued at $2,365,000 after buying an additional 453 shares during the last quarter. The Manufacturers Life Insurance Company raised its holdings in shares of Hometrust Bancshares by 3.6% during the second quarter. The Manufacturers Life Insurance Company now owns 14,051 shares of the financial services provider’s stock valued at $342,000 after buying an additional 488 shares during the last quarter. Federated Investors Inc. PA raised its holdings in shares of Hometrust Bancshares by 2.2% during the second quarter. Federated Investors Inc. PA now owns 25,335 shares of the financial services provider’s stock valued at $618,000 after buying an additional 544 shares during the last quarter. Finally, Teachers Advisors LLC raised its holdings in shares of Hometrust Bancshares by 1.6% during the second quarter. Teachers Advisors LLC now owns 59,338 shares of the financial services provider’s stock valued at $1,448,000 after buying an additional 952 shares during the last quarter. 60.33% of the stock is currently owned by institutional investors.

WARNING: This piece of content was originally reported by Daily Political and is the sole property of of Daily Political. If you are reading this piece of content on another site, it was illegally stolen and republished in violation of US and international copyright legislation. The correct version of this piece of content can be read at https://www.dailypolitical.com/2018/01/05/hometrust-bancshares-htbi-given-a-28-00-price-target-by-sandler-oneill-analysts.html.

About Hometrust Bancshares

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.

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.