HBT Financial, Inc. (NASDAQ:HBT) Director Roger A. Baker Purchases 1,888 Shares

HBT Financial, Inc. (NASDAQ:HBTGet Free Report) Director Roger A. Baker acquired 1,888 shares of the stock in a transaction on Wednesday, February 7th. The shares were bought at an average price of $18.68 per share, for a total transaction of $35,267.84. Following the purchase, the director now owns 555,980 shares in the company, valued at $10,385,706.40. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.

HBT Financial Stock Up 0.6 %

Shares of NASDAQ HBT opened at $19.06 on Friday. The company’s 50 day moving average price is $20.29 and its 200-day moving average price is $19.33. The company has a debt-to-equity ratio of 0.59, a quick ratio of 0.81 and a current ratio of 0.81. HBT Financial, Inc. has a 52-week low of $16.33 and a 52-week high of $23.49. The company has a market capitalization of $604.39 million, a P/E ratio of 9.16 and a beta of 0.88.

HBT Financial (NASDAQ:HBTGet Free Report) last posted its quarterly earnings results on Wednesday, January 24th. The company reported $0.60 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.60. The business had revenue of $70.62 million for the quarter, compared to the consensus estimate of $57.78 million. HBT Financial had a return on equity of 17.28% and a net margin of 24.84%. During the same period in the prior year, the business earned $0.62 EPS. Equities analysts forecast that HBT Financial, Inc. will post 2.21 earnings per share for the current year.

HBT Financial Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, February 13th. Shareholders of record on Tuesday, February 6th will be issued a dividend of $0.19 per share. This is a positive change from HBT Financial’s previous quarterly dividend of $0.17. This represents a $0.76 dividend on an annualized basis and a yield of 3.99%. The ex-dividend date of this dividend is Monday, February 5th. HBT Financial’s payout ratio is currently 36.54%.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of HBT. Dimensional Fund Advisors LP increased its stake in shares of HBT Financial by 15.7% during the 4th quarter. Dimensional Fund Advisors LP now owns 357,352 shares of the company’s stock worth $7,544,000 after purchasing an additional 48,614 shares during the last quarter. Los Angeles Capital Management LLC raised its holdings in HBT Financial by 40.6% during the 4th quarter. Los Angeles Capital Management LLC now owns 67,270 shares of the company’s stock valued at $1,420,000 after acquiring an additional 19,440 shares during the period. Meredith Wealth Planning bought a new stake in shares of HBT Financial during the fourth quarter valued at about $203,000. Assenagon Asset Management S.A. purchased a new stake in shares of HBT Financial in the fourth quarter worth about $1,010,000. Finally, SG Americas Securities LLC lifted its holdings in shares of HBT Financial by 36.6% in the fourth quarter. SG Americas Securities LLC now owns 9,029 shares of the company’s stock worth $191,000 after buying an additional 2,418 shares in the last quarter. Hedge funds and other institutional investors own 24.23% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, Piper Sandler upped their price objective on shares of HBT Financial from $19.50 to $20.00 and gave the stock a “neutral” rating in a research report on Tuesday, October 24th.

Get Our Latest Research Report on HBT

About HBT Financial

(Get 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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