Rosenthal Henry Capital Advisors Inc. Lowers Stock Holdings in HBT Financial, Inc. $HBT

Key Points

• Rosenthal Henry Capital Advisors Inc. significantly reduced its stake in HBT Financial, Inc. by 54.6%, leaving it with 42,500 shares valued at approximately $1,071,000.
• HBT Financial reported $0.63 EPS for the last quarter, surpassing expectations and reflecting a year-over-year increase from $0.57 EPS.
• The company announced a quarterly dividend of $0.21 per share, offering an annualized yield of 3.4% with a payout ratio of 34.71%.

Rosenthal Henry Capital Advisors Inc. cut its holdings in shares of HBT Financial, Inc. (NASDAQ:HBT - Free Report) by 54.6% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 42,500 shares of the company's stock after selling 51,036 shares during the quarter. Rosenthal Henry Capital Advisors Inc. owned approximately 0.13% of HBT Financial worth $1,071,000 as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. Royce & Associates LP lifted its holdings in HBT Financial by 8.2% in the 1st quarter. Royce & Associates LP now owns 359,922 shares of the company's stock worth $8,066,000 after purchasing an additional 27,169 shares in the last quarter. Adage Capital Partners GP L.L.C. increased its holdings in HBT Financial by 12.3% in the 1st quarter. Adage Capital Partners GP L.L.C. now owns 278,159 shares of the company's stock valued at $6,234,000 after acquiring an additional 30,467 shares during the last quarter. American Century Companies Inc. lifted its stake in HBT Financial by 42.4% in the 1st quarter. American Century Companies Inc. now owns 189,727 shares of the company's stock worth $4,252,000 after purchasing an additional 56,521 shares in the last quarter. Johnson Investment Counsel Inc. bought a new position in shares of HBT Financial during the 1st quarter valued at about $2,198,000. Finally, Martingale Asset Management L P grew its position in shares of HBT Financial by 5.3% during the first quarter. Martingale Asset Management L P now owns 46,535 shares of the company's stock valued at $1,043,000 after purchasing an additional 2,363 shares in the last quarter. Institutional investors own 78.55% of the company's stock.

HBT Financial Stock Down 1.9%

Shares of NASDAQ:HBT opened at $24.50 on Wednesday. The firm has a market capitalization of $771.75 million, a PE ratio of 10.12 and a beta of 0.63. The business has a 50 day simple moving average of $25.48 and a two-hundred day simple moving average of $24.50. HBT Financial, Inc. has a 1 year low of $19.46 and a 1 year high of $27.02. The company has a debt-to-equity ratio of 0.17, a current ratio of 0.82 and a quick ratio of 0.82.

HBT Financial (NASDAQ:HBT - Get Free Report) last announced its quarterly earnings data on Monday, July 21st. The company reported $0.63 EPS for the quarter, beating the consensus estimate of $0.60 by $0.03. The company had revenue of $58.80 million for the quarter, compared to the consensus estimate of $59.45 million. HBT Financial had a return on equity of 13.98% and a net margin of 26.22%.During the same quarter in the prior year, the company posted $0.57 EPS. On average, equities analysts predict that HBT Financial, Inc. will post 2.34 EPS for the current year.

HBT Financial Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, August 12th. Shareholders of record on Tuesday, August 5th were issued a dividend of $0.21 per share. This represents a $0.84 annualized dividend and a yield of 3.4%. The ex-dividend date was Tuesday, August 5th. HBT Financial's dividend payout ratio is presently 34.71%.

Wall Street Analysts Forecast Growth

A number of research firms recently commented on HBT. Weiss Ratings reiterated a "buy (b)" rating on shares of HBT Financial in a research report on Saturday, September 27th. Keefe, Bruyette & Woods boosted their price target on shares of HBT Financial from $28.00 to $30.00 and gave the stock an "outperform" rating in a research report on Tuesday, July 22nd. Piper Sandler increased their price objective on shares of HBT Financial from $26.00 to $29.00 and gave the company a "neutral" rating in a research report on Tuesday, July 22nd. Raymond James Financial cut shares of HBT Financial from an "outperform" rating to a "market perform" rating in a research report on Tuesday. Finally, DA Davidson boosted their price objective on HBT Financial from $23.00 to $27.00 and gave the stock a "neutral" rating in a research note on Tuesday, July 22nd. Three analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to MarketBeat.com, the company presently has an average rating of "Hold" and an average price target of $28.80.

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.

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