Stifel Financial Corp trimmed its position in HBT Financial, Inc. (NASDAQ:HBT - Free Report) by 72.5% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 12,477 shares of the company's stock after selling 32,900 shares during the quarter. Stifel Financial Corp's holdings in HBT Financial were worth $273,000 at the end of the most recent quarter.
Other large investors have also modified their holdings of the company. Picton Mahoney Asset Management grew its stake in HBT Financial by 47.7% during the 4th quarter. Picton Mahoney Asset Management now owns 1,335 shares of the company's stock valued at $29,000 after purchasing an additional 431 shares in the last quarter. KLP Kapitalforvaltning AS acquired a new stake in HBT Financial during the 4th quarter valued at approximately $57,000. SG Americas Securities LLC grew its stake in HBT Financial by 13.6% during the 4th quarter. SG Americas Securities LLC now owns 6,309 shares of the company's stock valued at $138,000 after purchasing an additional 756 shares in the last quarter. Wells Fargo & Company MN grew its stake in HBT Financial by 27.8% during the 4th quarter. Wells Fargo & Company MN now owns 7,522 shares of the company's stock valued at $165,000 after purchasing an additional 1,638 shares in the last quarter. Finally, Sei Investments Co. acquired a new stake in HBT Financial during the 4th quarter valued at approximately $242,000. Institutional investors and hedge funds own 78.55% of the company's stock.
HBT Financial Trading Up 0.0%
NASDAQ:HBT opened at $24.11 on Thursday. The company has a quick ratio of 0.82, a current ratio of 0.82 and a debt-to-equity ratio of 0.20. The business's 50 day moving average is $22.77 and its two-hundred day moving average is $23.20. HBT Financial, Inc. has a 52 week low of $18.16 and a 52 week high of $26.25. The company has a market cap of $759.34 million, a PE ratio of 10.67 and a beta of 0.60.
HBT Financial (NASDAQ:HBT - Get Free Report) last announced its quarterly earnings results on Monday, April 21st. The company reported $0.61 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.57 by $0.04. The business had revenue of $63.14 million for the quarter, compared to the consensus estimate of $57.57 million. HBT Financial had a return on equity of 14.57% and a net margin of 24.99%. During the same quarter last year, the business posted $0.57 EPS. On average, analysts predict that HBT Financial, Inc. will post 2.34 EPS for the current year.
HBT Financial Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Tuesday, May 13th. Shareholders of record on Tuesday, May 6th were paid a dividend of $0.21 per share. This represents a $0.84 annualized dividend and a yield of 3.48%. The ex-dividend date of this dividend was Tuesday, May 6th. HBT Financial's payout ratio is currently 35.29%.
Analyst Ratings Changes
HBT has been the topic of a number of research analyst reports. Hovde Group raised HBT Financial from a "market perform" rating to an "outperform" rating and set a $28.00 target price on the stock in a report on Tuesday, May 6th. Piper Sandler reduced their target price 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 research 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's stock. According to data from MarketBeat, HBT Financial presently has an average rating of "Hold" and a consensus price target of $25.80.
Get Our Latest Analysis on HBT Financial
HBT Financial Profile
(
Free Report)
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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