HBT Financial, Inc. Expected to Earn $0.54 Per Share in Q4 2022 (NASDAQ:HBT)
HBT Financial, Inc. (NASDAQ:HBT – Get Rating) – Research analysts DA Davidson released their fourth quarter 2022 EPS estimates for HBT Financial in a report released Monday, November 7. DA Davidson analyst Navas expects the company to post earnings of $0.54 per share for the quarter. The consensus estimate of HBT Financial’s current annual earnings is $2.02 per share.
Several other equity analysts also weighed in on HBT. TheStreet upgraded HBT Financial from a ‘c’ to a ‘b’ rating in a Monday, October 24 report. JPMorgan Chase & Co. raised its price target on HBT Financial from $18.50 to $19.50 and gave the stock an “underweight” rating in a Tuesday, October 25 report.
HBT Financial Trading down 5.2%
Shares of HBT opened at $20.41 on Tuesday. The company has a quick ratio of 0.69, a current ratio of 0.69 and a debt ratio of 0.21. The company has a market capitalization of $588.01 million, a P/E ratio of 10.36 and a beta of 1.00. The company has a 50-day moving average of $18.57 and a 200-day moving average of $18.04. HBT Financial has a 12-month low of $16.09 and a 12-month high of $21.71.
Institutional investors weigh in on HBT Financial
A number of hedge funds and other institutional investors have recently bought and sold shares of the company. The Manufacturers Life Insurance Company increased its position in HBT Financial shares by 0.6% in the first quarter. The Manufacturers Life Insurance Company now owns 877,337 shares of the company valued at $15,950,000 after purchasing an additional 5,585 shares last quarter. State Street Corp increased its holdings in HBT Financial by 3.7% during the second quarter. State Street Corp now owns 170,038 shares of the company valued at $3,039,000 after purchasing an additional 6,029 shares last quarter. Bank of New York Mellon Corp increased its position in HBT Financial shares by 2.3% during the first quarter. Bank of New York Mellon Corp now owns 160,397 shares of the company valued at $2,916,000 after purchasing an additional 3,572 shares during the period. Dimensional Fund Advisors LP increased its holdings of HBT Financial shares by 21.1% in the first quarter. Dimensional Fund Advisors LP now owns 111,738 shares of the company worth $2,031,000 after purchasing an additional 19,454 shares in the last quarter. Finally, Acadian Asset Management LLC increased its position in HBT Financial shares by 8.6% in the first quarter. Acadian Asset Management LLC now owns 87,269 shares of the company valued at $1,582,000 after acquiring an additional 6,943 shares during the period. Institutional investors hold 26.15% of the company’s shares.
HBT Financial announces dividend
The company also recently announced a quarterly dividend, which will be paid on Tuesday, November 15. Investors of record on Monday, November 7 will receive a dividend of $0.16. The ex-dividend date is Friday, November 4. This represents a dividend of $0.64 on an annualized basis and a yield of 3.14%. HBT Financial’s dividend payout ratio is 32.49%.
HBT Financial Company Profile
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HBT Financial, Inc operates as a bank holding company for Heartland Bank and Trust Company which provides corporate, commercial and retail banking products and services to individuals, businesses and municipal entities. The Company’s deposit accounts include non-interest bearing demand deposits, interest bearing transaction accounts, money market accounts, savings accounts, certificates of deposit, health savings accounts and individual pensions.
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