Charles Schwab Investment Management Inc. Grows Position in HomeTrust Bancshares, Inc. (NASDAQ:HTBI)

Charles Schwab Investment Management Inc. lifted its stake in shares of HomeTrust Bancshares, Inc. (NASDAQ:HTBI - Free Report) by 84.3% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 159,663 shares of the financial services provider's stock after acquiring an additional 73,013 shares during the quarter. Charles Schwab Investment Management Inc. owned about 0.91% of HomeTrust Bancshares worth $5,441,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently bought and sold shares of HTBI. AQR Capital Management LLC acquired a new position in shares of HomeTrust Bancshares during the second quarter worth approximately $201,000. Princeton Capital Management LLC bought a new position in HomeTrust Bancshares in the 3rd quarter worth approximately $222,000. Creative Planning bought a new stake in shares of HomeTrust Bancshares during the third quarter worth approximately $266,000. SG Americas Securities LLC acquired a new position in HomeTrust Bancshares in the third quarter valued at about $326,000. Finally, Huber Capital Management LLC raised its position in shares of 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 worth $533,000 after purchasing an additional 1,487 shares during the period. 60.94% of the stock is owned by institutional investors and hedge funds.

HomeTrust Bancshares Trading Down 1.7 %

Shares of HTBI stock traded down $0.63 on Friday, hitting $36.48. 24,032 shares of the company's stock traded hands, compared to its average volume of 40,216. The company's fifty day simple moving average is $35.47 and its 200 day simple moving average is $33.30. The company has a debt-to-equity ratio of 0.50, a quick ratio of 1.06 and a current ratio of 1.11. HomeTrust Bancshares, Inc. has a one year low of $23.55 and a one year high of $38.99. The stock has a market capitalization of $639.49 million, a price-to-earnings ratio of 11.74 and a beta of 0.84.

HomeTrust Bancshares (NASDAQ:HTBI - Get Free Report) last posted its earnings results on Thursday, October 24th. The financial services provider reported $0.76 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.80 by ($0.04). HomeTrust Bancshares had a return on equity of 10.41% and a net margin of 18.53%. The business had revenue of $74.93 million during the quarter, compared to the consensus estimate of $50.13 million. Equities analysts forecast that HomeTrust Bancshares, Inc. will post 3.11 EPS for the current year.

HomeTrust Bancshares Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, November 27th. Shareholders of record on Thursday, November 14th were issued a $0.12 dividend. This is an increase from HomeTrust Bancshares's previous quarterly dividend of $0.11. The ex-dividend date of this dividend was Thursday, November 14th. This represents a $0.48 dividend on an annualized basis and a yield of 1.32%. HomeTrust Bancshares's dividend payout ratio is currently 15.19%.

Analysts Set New Price Targets

HTBI has been the topic of a number of research analyst reports. Keefe, Bruyette & Woods increased their price target on HomeTrust Bancshares from $39.00 to $43.00 and gave the company an "outperform" rating in a research note on Wednesday, December 4th. Raymond James lowered HomeTrust Bancshares from an "outperform" rating to a "market perform" rating in a research report on Monday, October 28th.

HomeTrust Bancshares Company Profile

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.