HomeTrust Bancshares, Inc. (NASDAQ:HTBI) Shares Sold by Hennessy Advisors Inc.

Hennessy Advisors Inc. cut its holdings in HomeTrust Bancshares, Inc. (NASDAQ:HTBI - Free Report) by 20.4% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 82,000 shares of the financial services provider's stock after selling 21,000 shares during the period. Hennessy Advisors Inc. owned about 0.47% of HomeTrust Bancshares worth $2,762,000 as of its most recent SEC filing.

A number of other large investors have also recently added to or reduced their stakes in the business. Rhumbline Advisers lifted its holdings in shares of HomeTrust Bancshares by 2.0% in the second quarter. Rhumbline Advisers now owns 22,647 shares of the financial services provider's stock valued at $680,000 after purchasing an additional 435 shares in the last quarter. BNP Paribas Financial Markets raised its position in shares of HomeTrust Bancshares by 28.4% during the 3rd quarter. BNP Paribas Financial Markets now owns 3,499 shares of the financial services provider's stock worth $119,000 after purchasing an additional 774 shares during the last quarter. Franklin Resources Inc. raised its position in shares of HomeTrust Bancshares by 8.8% during the 3rd quarter. Franklin Resources Inc. now owns 15,871 shares of the financial services provider's stock worth $542,000 after purchasing an additional 1,281 shares during the last quarter. State Street Corp lifted its stake in HomeTrust Bancshares by 0.4% in the 3rd quarter. State Street Corp now owns 365,453 shares of the financial services provider's stock valued at $12,455,000 after buying an additional 1,428 shares in the last quarter. Finally, Huber Capital Management LLC grew its holdings in HomeTrust Bancshares by 9.1% during the 2nd quarter. Huber Capital Management LLC now owns 17,742 shares of the financial services provider's stock valued at $533,000 after buying an additional 1,487 shares during the last quarter. 60.94% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

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

HomeTrust Bancshares Trading Up 2.2 %

HTBI traded up $0.73 during trading on Friday, hitting $34.23. The company's stock had a trading volume of 34,535 shares, compared to its average volume of 27,932. HomeTrust Bancshares, Inc. has a twelve month low of $23.55 and a twelve month high of $38.99. The stock has a market cap of $600.05 million, a PE ratio of 10.83 and a beta of 0.86. The firm's 50 day moving average price is $35.49 and its 200-day moving average price is $34.34. The company has a debt-to-equity ratio of 0.50, a current ratio of 1.11 and a quick ratio of 1.06.

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

HomeTrust Bancshares Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, November 27th. Stockholders of record on Thursday, November 14th were issued a dividend of $0.12 per share. This is a positive change from HomeTrust Bancshares's previous quarterly dividend of $0.11. This represents a $0.48 annualized dividend and a dividend yield of 1.40%. The ex-dividend date of this dividend was Thursday, November 14th. HomeTrust Bancshares's dividend payout ratio is presently 15.19%.

HomeTrust Bancshares 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.