6 days Ago By Defense World Staff
Sei Investments Co. acquired a new position in shares of HBT Financial, Inc. (NASDAQ:HBT – Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission.
The firm acquired 11,044 shares of the company’s stock, valued at approximately $242,000. Other institutional investors have also modified their holdings of the company. Royce & Associates LP raised its stake in HBT Financial by 10.
7% during the 4th quarter. Royce & Associates LP now owns 332,753 shares of the company’s stock worth $7,287,000 after acquiring an additional 32,146 shares in the last quarter. Hickory Point Bank & Trust acquired a new stake in shares of HBT Financial during the fourth quarter worth about $438,000.
Barclays PLC lifted its holdings in shares of HBT Financial by 43.5% in the 3rd quarter. Barclays PLC now owns 57,000 shares of the company’s stock valued at $1,247,000 after purchasing an additional 17,266 shares during the last quarter.
American Century Companies Inc. boosted its position in shares of HBT Financial by 11.0% in the 4th quarter.
American Century Companies Inc. now owns 133,206 shares of the company’s stock valued at $2,917,000 after purchasing an additional 13,250 shares during the period. Finally, JPMorgan Chase & Co.
grew its stake in HBT Financial by 62.0% during the 3rd quarter. JPMorgan Chase & Co.
now owns 23,427 shares of the company’s stock worth $513,000 after buying an additional 8,969 shares during the last quarter. Hedge funds and other institutional investors own 78.55% of the company’s stock.
Insider Activity at HBT FinancialIn other HBT Financial news, Director Patrick F. Busch sold 8,000 shares of the stock in a transaction dated Wednesday, February 5th. The shares were sold at an average price of $24.
77, for a total value of $198,160.00. Following the completion of the transaction, the director now directly owns 182,000 shares of the company’s stock, valued at approximately $4,508,140.
This trade represents a 4.21 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website.
Also, Chairman Fred L. Drake sold 10,000 shares of HBT Financial stock in a transaction that occurred on Wednesday, January 29th. The shares were sold at an average price of $24.
38, for a total transaction of $243,800.00. Following the sale, the chairman now owns 58,670 shares of the company’s stock, valued at approximately $1,430,374.
60. The trade was a 14.56 % decrease in their ownership of the stock.
The disclosure for this sale can be found here. Insiders have sold a total of 38,900 shares of company stock worth $969,500 over the last three months. 59.
80% of the stock is currently owned by corporate insiders. HBT Financial Stock PerformanceShares of HBT opened at $21.50 on Friday.
The stock has a market capitalization of $678.52 million, a P/E ratio of 9.51 and a beta of 0.
62. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.
82 and a current ratio of 0.82. HBT Financial, Inc.
has a 1 year low of $18.00 and a 1 year high of $26.25.
The company’s fifty day moving average is $23.50 and its two-hundred day moving average is $22.98.
HBT Financial (NASDAQ:HBT – Get Free Report) last issued its quarterly earnings results on Wednesday, January 22nd. The company reported $0.62 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.
58 by $0.04. HBT Financial had a net margin of 24.
99% and a return on equity of 14.57%. On average, sell-side analysts predict that HBT Financial, Inc.
will post 2.34 earnings per share for the current year. HBT Financial declared that its board has initiated a stock repurchase program on Wednesday, December 18th that permits the company to buyback $15.
00 million in shares. This buyback authorization permits the company to reacquire up to 2.1% of its shares through open market purchases.
Shares buyback programs are often a sign that the company’s leadership believes its stock is undervalued. HBT Financial Increases DividendThe firm also recently declared a quarterly dividend, which was paid on Tuesday, February 11th. Stockholders of record on Tuesday, February 4th were issued a $0.
21 dividend. This is a boost from HBT Financial’s previous quarterly dividend of $0.19.
This represents a $0.84 annualized dividend and a dividend yield of 3.91%.
The ex-dividend date of this dividend was Tuesday, February 4th. HBT Financial’s dividend payout ratio (DPR) is currently 37.17%.
Wall Street Analyst Weigh InA number of equities analysts have recently issued reports on HBT shares. Hovde Group started coverage on shares of HBT Financial in a research report on Thursday, March 27th. They set a “market perform” rating and a $24.
50 target price on the stock. Piper Sandler dropped their price objective on shares of HBT Financial from $27.00 to $26.
00 and set a “neutral” rating on the stock in a research note on Friday, January 24th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and two have given a buy rating to the company. Based on data from MarketBeat, HBT Financial currently has a consensus rating of “Hold” and an average target price of $24.
75.Check Out Our Latest Stock Report on HBT FinancialAbout HBT Financial (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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