HBT Financial, Inc. (NASDAQ:HBT) Shares Bought by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP raised its position in shares of HBT Financial, Inc. (NASDAQ:HBT - Free Report) by 6.8% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 461,630 shares of the company's stock after acquiring an additional 29,200 shares during the quarter. Dimensional Fund Advisors LP owned about 1.46% of HBT Financial worth $10,110,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. LPL Financial LLC acquired a new position in shares of HBT Financial during the fourth quarter valued at about $7,111,000. Royce & Associates LP raised its position in HBT Financial by 10.7% in the 4th quarter. Royce & Associates LP now owns 332,753 shares of the company's stock valued at $7,287,000 after buying an additional 32,146 shares during the last quarter. JPMorgan Chase & Co. lifted its position in shares of HBT Financial by 96.8% during the fourth quarter. JPMorgan Chase & Co. now owns 46,109 shares of the company's stock valued at $1,010,000 after purchasing an additional 22,682 shares in the last quarter. Hickory Point Bank & Trust bought a new position in shares of HBT Financial in the fourth quarter valued at approximately $438,000. Finally, First Trust Advisors LP purchased a new stake in shares of HBT Financial during the 4th quarter valued at $422,000. Institutional investors own 78.55% of the company's stock.

HBT Financial Stock Up 0.6%

HBT traded up $0.15 on Thursday, hitting $24.26. The company had a trading volume of 7,424 shares, compared to its average volume of 32,618. HBT Financial, Inc. has a 52-week low of $18.16 and a 52-week high of $26.25. The firm has a market capitalization of $763.91 million, a P/E ratio of 10.73 and a beta of 0.60. The company has a debt-to-equity ratio of 0.20, a current ratio of 0.82 and a quick ratio of 0.82. The stock has a fifty day simple moving average of $22.77 and a 200-day simple moving average of $23.20.

HBT Financial (NASDAQ:HBT - Get Free Report) last released its quarterly earnings data on Monday, April 21st. The company reported $0.61 earnings per share for the quarter, beating analysts' consensus estimates of $0.57 by $0.04. HBT Financial had a net margin of 24.99% and a return on equity of 14.57%. The business had revenue of $63.14 million during the quarter, compared to analyst estimates of $57.57 million. During the same period last year, the business earned $0.57 EPS. As a group, equities analysts expect that HBT Financial, Inc. will post 2.34 EPS for the current fiscal year.

HBT Financial Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, May 13th. Stockholders of record on Tuesday, May 6th were given a dividend of $0.21 per share. This represents a $0.84 dividend on an annualized basis and a dividend yield of 3.46%. The ex-dividend date was Tuesday, May 6th. HBT Financial's payout ratio is 35.29%.

Analyst Ratings Changes

Several equities research analysts recently weighed in on the company. Hovde Group raised HBT Financial from a "market perform" rating to an "outperform" rating and set a $28.00 price objective for the company in a report on Tuesday, May 6th. Piper Sandler decreased their price objective on HBT Financial from $27.00 to $26.00 and set a "neutral" rating on the stock in a report on Friday, January 24th. One analyst has rated the stock with a sell rating, two have issued a hold rating and two have assigned a buy rating to the company. Based on data from MarketBeat.com, HBT Financial presently has a consensus rating of "Hold" and an average target price of $25.80.

About HBT Financial

HBT Financial, Inc operates as the bank holding company for Heartland Bank and Trust Company that provides business, commercial, and retail banking products and services to individuals, businesses, and municipal entities in Central and Northeastern Illinois, and Eastern Iowa. The company's deposits accounts consist of noninterest-bearing demand deposits, interest-bearing transaction accounts, money market accounts, savings accounts, certificates of deposits, health savings accounts, and individual retirement accounts.