Acadian Asset Management LLC Has $1.50 Million Position in HBT Financial, Inc. (NASDAQ:HBT)

Acadian Asset Management LLC cut its position in HBT Financial, Inc. (NASDAQ:HBTGet Rating) by 2.0% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 80,326 shares of the company’s stock after selling 1,625 shares during the period. Acadian Asset Management LLC owned about 0.28% of HBT Financial worth $1,499,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Dimensional Fund Advisors LP increased its holdings in shares of HBT Financial by 11.4% in the fourth quarter. Dimensional Fund Advisors LP now owns 92,284 shares of the company’s stock worth $1,728,000 after acquiring an additional 9,466 shares in the last quarter. Bank of America Corp DE increased its stake in HBT Financial by 62.5% during the 4th quarter. Bank of America Corp DE now owns 9,186 shares of the company’s stock worth $172,000 after purchasing an additional 3,534 shares in the last quarter. Northern Trust Corp raised its holdings in HBT Financial by 0.8% during the 4th quarter. Northern Trust Corp now owns 86,792 shares of the company’s stock worth $1,626,000 after buying an additional 647 shares during the period. Royce & Associates LP lifted its stake in HBT Financial by 2.1% in the fourth quarter. Royce & Associates LP now owns 833,997 shares of the company’s stock valued at $15,621,000 after buying an additional 16,856 shares in the last quarter. Finally, Assenagon Asset Management S.A. acquired a new position in shares of HBT Financial in the fourth quarter valued at approximately $724,000. 26.25% of the stock is currently owned by institutional investors.

HBT has been the topic of several research reports. Zacks Investment Research cut shares of HBT Financial from a “buy” rating to a “hold” rating in a research report on Thursday, April 28th. TheStreet downgraded HBT Financial from a “b-” rating to a “c” rating in a research note on Monday, April 18th.

HBT Financial stock opened at $16.77 on Thursday. The company has a debt-to-equity ratio of 0.20, a current ratio of 0.73 and a quick ratio of 0.73. The company’s 50-day moving average is $18.09 and its 200-day moving average is $18.56. The firm has a market capitalization of $484.99 million, a PE ratio of 8.64 and a beta of 1.24. HBT Financial, Inc. has a fifty-two week low of $14.19 and a fifty-two week high of $19.99.

HBT Financial (NASDAQ:HBTGet Rating) last announced its quarterly earnings results on Monday, April 25th. The company reported $0.47 earnings per share for the quarter, topping analysts’ consensus estimates of $0.41 by $0.06. HBT Financial had a return on equity of 14.23% and a net margin of 32.61%. During the same quarter in the prior year, the firm earned $0.51 EPS. As a group, analysts expect that HBT Financial, Inc. will post 1.77 EPS for the current year.

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, May 17th. Shareholders of record on Tuesday, May 10th were given a dividend of $0.16 per share. The ex-dividend date of this dividend was Monday, May 9th. This represents a $0.64 dividend on an annualized basis and a yield of 3.82%. HBT Financial’s dividend payout ratio (DPR) is 32.99%.

HBT Financial Profile (Get Rating)

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. 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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Institutional Ownership by Quarter for HBT Financial (NASDAQ:HBT)

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