AMG National Trust Bank lessened its holdings in shares of HomeTrust Bancshares, Inc. (NASDAQ:HTBI - Free Report) by 61.0% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 63,000 shares of the financial services provider's stock after selling 98,700 shares during the period. AMG National Trust Bank owned 0.36% of HomeTrust Bancshares worth $2,147,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors have also recently modified their holdings of the company. Rhumbline Advisers lifted its position in HomeTrust Bancshares by 2.0% in the 2nd quarter. Rhumbline Advisers now owns 22,647 shares of the financial services provider's stock valued at $680,000 after acquiring an additional 435 shares in the last quarter. Panagora Asset Management Inc. boosted its stake in shares of HomeTrust Bancshares by 0.6% in the second quarter. Panagora Asset Management Inc. now owns 92,272 shares of the financial services provider's stock worth $2,771,000 after acquiring an additional 528 shares during the period. Huber Capital Management LLC grew its stake in HomeTrust Bancshares by 9.1% during the second quarter. Huber Capital Management LLC now owns 17,742 shares of the financial services provider's stock valued at $533,000 after acquiring an additional 1,487 shares in the last quarter. Salzhauer Michael increased its stake in HomeTrust Bancshares by 9.8% in the 2nd quarter. Salzhauer Michael now owns 25,374 shares of the financial services provider's stock worth $762,000 after acquiring an additional 2,260 shares during the last quarter. Finally, Vanguard Group Inc. raised its position in shares of HomeTrust Bancshares by 0.6% during the 1st quarter. Vanguard Group Inc. now owns 867,557 shares of the financial services provider's stock valued at $23,719,000 after buying an additional 5,364 shares in the last quarter. 60.94% of the stock is owned by hedge funds and other institutional investors.
HomeTrust Bancshares Price Performance
HTBI stock traded down $0.02 during mid-day trading on Tuesday, reaching $37.00. The company's stock had a trading volume of 13,294 shares, compared to its average volume of 39,970. The company's 50 day moving average is $34.47 and its two-hundred day moving average is $32.21. The stock has a market cap of $648.61 million, a PE ratio of 11.72 and a beta of 0.81. The company has a current ratio of 1.11, a quick ratio of 1.06 and a debt-to-equity ratio of 0.50. HomeTrust Bancshares, Inc. has a fifty-two week low of $22.31 and a fifty-two week high of $38.62.
HomeTrust Bancshares (NASDAQ:HTBI - Get Free Report) last posted its earnings results on Thursday, October 24th. The financial services provider reported $0.76 EPS for the quarter, missing analysts' consensus estimates of $0.80 by ($0.04). HomeTrust Bancshares had a net margin of 18.53% and a return on equity of 10.41%. The company had revenue of $74.93 million during the quarter, compared to analyst estimates of $50.13 million. Equities research analysts expect that HomeTrust Bancshares, Inc. will post 3.11 EPS for the current year.
HomeTrust Bancshares Increases Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 27th. Stockholders of record on Thursday, November 14th will be issued a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a dividend yield of 1.30%. This is a positive change from HomeTrust Bancshares's previous quarterly dividend of $0.11. The ex-dividend date is Thursday, November 14th. HomeTrust Bancshares's dividend payout ratio (DPR) is presently 15.19%.
Analyst Ratings Changes
A number of analysts recently weighed in on the stock. Raymond James lowered shares of HomeTrust Bancshares from an "outperform" rating to a "market perform" rating in a research report on Monday, October 28th. Hovde Group began coverage on shares of HomeTrust Bancshares in a research report on Wednesday, July 31st. They issued an "outperform" rating and a $42.00 price objective on the stock. StockNews.com raised HomeTrust Bancshares from a "hold" rating to a "buy" rating in a report on Thursday, July 25th. Finally, Keefe, Bruyette & Woods reissued an "outperform" rating and issued a $39.00 target price (up from $38.00) on shares of HomeTrust Bancshares in a research report on Tuesday, October 29th.
Read Our Latest Stock Analysis on HomeTrust Bancshares
HomeTrust Bancshares Company Profile
(
Free Report)
HomeTrust Bancshares, Inc operates as the bank holding company for HomeTrust Bank that provides a range of retail and commercial banking products and services. The company's deposit products include savings, money market, noninterest-bearing, and interest-bearing checking accounts, as well as certificates of deposit for individuals, business, and nonprofit organizations.
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