Foundry Partners LLC increased its position in shares of HomeTrust Bancshares, Inc. (NASDAQ:HTBI - Free Report) by 18.8% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 105,955 shares of the financial services provider's stock after purchasing an additional 16,775 shares during the quarter. Foundry Partners LLC owned approximately 0.61% of HomeTrust Bancshares worth $3,611,000 as of its most recent SEC filing.
Other large investors have also recently made changes to their positions in the company. Princeton Capital Management LLC purchased a new position in HomeTrust Bancshares in the 3rd quarter valued at approximately $222,000. Rosenthal Henry Capital Advisors Inc. bought a new position in shares of HomeTrust Bancshares in the third quarter worth approximately $911,000. Creative Planning purchased a new stake in shares of HomeTrust Bancshares during the 3rd quarter valued at $266,000. SG Americas Securities LLC purchased a new position in shares of HomeTrust Bancshares during the 3rd quarter valued at about $326,000. Finally, AQR Capital Management LLC bought a new position in shares of HomeTrust Bancshares during the 2nd quarter valued at $201,000. 60.94% of the stock is owned by hedge funds and other institutional investors.
HomeTrust Bancshares Stock Performance
HomeTrust Bancshares stock traded up $0.24 during mid-day trading on Friday, reaching $37.68. 58,071 shares of the stock traded hands, compared to its average volume of 40,117. HomeTrust Bancshares, Inc. has a 12-month low of $22.44 and a 12-month high of $38.62. The stock has a market capitalization of $660.53 million, a PE ratio of 11.85 and a beta of 0.81. The company has a debt-to-equity ratio of 0.50, a current ratio of 1.11 and a quick ratio of 1.06. The business's 50-day moving average is $34.64 and its 200-day moving average is $32.35.
HomeTrust Bancshares (NASDAQ:HTBI - Get Free Report) last announced 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). The company had revenue of $74.93 million during the quarter, compared to the consensus estimate of $50.13 million. HomeTrust Bancshares had a return on equity of 10.41% and a net margin of 18.53%. As a group, sell-side analysts predict that HomeTrust Bancshares, Inc. will post 3.11 EPS for the current fiscal year.
HomeTrust Bancshares Increases Dividend
The firm also recently announced a quarterly dividend, which will be paid on Wednesday, November 27th. Stockholders of record on Thursday, November 14th will be given a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a dividend yield of 1.27%. This is a boost from HomeTrust Bancshares's previous quarterly dividend of $0.11. The ex-dividend date of this dividend is Thursday, November 14th. HomeTrust Bancshares's dividend payout ratio is currently 15.19%.
Wall Street Analyst Weigh In
Several research analysts have recently issued reports on HTBI shares. Raymond James cut shares of HomeTrust Bancshares from an "outperform" rating to a "market perform" rating in a report on Monday, October 28th. Keefe, Bruyette & Woods reaffirmed an "outperform" rating and set a $39.00 target price (up previously from $38.00) on shares of HomeTrust Bancshares in a research note on Tuesday, October 29th. StockNews.com upgraded shares of HomeTrust Bancshares from a "hold" rating to a "buy" rating in a research note on Thursday, July 25th. Finally, Hovde Group assumed coverage on shares of HomeTrust Bancshares in a research note on Wednesday, July 31st. They issued an "outperform" rating and a $42.00 target price on the stock.
Read Our Latest Stock Analysis on HomeTrust Bancshares
About HomeTrust Bancshares
(
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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