Wellington Management Group LLP Boosts Stake in HomeTrust Bancshares, Inc. (NASDAQ:HTBI)

Wellington Management Group LLP increased its position in shares of HomeTrust Bancshares, Inc. (NASDAQ:HTBI - Free Report) by 44.3% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 359,138 shares of the financial services provider's stock after acquiring an additional 110,180 shares during the period. Wellington Management Group LLP owned about 2.05% of HomeTrust Bancshares worth $12,239,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. American Century Companies Inc. boosted its position in shares of HomeTrust Bancshares by 20.1% during the 2nd quarter. American Century Companies Inc. now owns 239,722 shares of the financial services provider's stock worth $7,199,000 after acquiring an additional 40,201 shares in the last quarter. Sierra Summit Advisors LLC acquired a new position in HomeTrust Bancshares in the second quarter valued at approximately $711,000. Charles Schwab Investment Management Inc. increased its stake in HomeTrust Bancshares by 84.3% in the third quarter. Charles Schwab Investment Management Inc. now owns 159,663 shares of the financial services provider's stock valued at $5,441,000 after purchasing an additional 73,013 shares during the last quarter. Rosenthal Henry Capital Advisors Inc. purchased a new position in HomeTrust Bancshares in the third quarter valued at approximately $911,000. Finally, Bank of New York Mellon Corp raised its holdings in HomeTrust Bancshares by 11.1% during the second quarter. Bank of New York Mellon Corp now owns 67,363 shares of the financial services provider's stock worth $2,023,000 after purchasing an additional 6,723 shares in the last quarter. 60.94% of the stock is owned by institutional investors and hedge funds.

HomeTrust Bancshares Price Performance

HTBI stock traded down $0.49 on Friday, reaching $36.62. 41,436 shares of the company's stock were exchanged, compared to its average volume of 40,293. The stock has a fifty day moving average of $35.56 and a 200-day moving average of $33.44. The firm has a market cap of $641.95 million, a PE ratio of 11.59 and a beta of 0.84. The company has a quick ratio of 1.06, a current ratio of 1.11 and a debt-to-equity ratio of 0.50. HomeTrust Bancshares, Inc. has a twelve month low of $23.55 and a twelve month high of $38.99.

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

HomeTrust Bancshares Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, November 27th. Investors of record on Thursday, November 14th were paid a dividend of $0.12 per share. The ex-dividend date was Thursday, November 14th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 1.31%. This is a positive change from HomeTrust Bancshares's previous quarterly dividend of $0.11. HomeTrust Bancshares's dividend payout ratio (DPR) is presently 15.19%.

Analysts Set New Price Targets

Several equities research analysts recently commented on the stock. Keefe, Bruyette & Woods lifted their price target on shares of HomeTrust Bancshares from $39.00 to $43.00 and gave the stock an "outperform" rating in a research note on Wednesday, December 4th. Raymond James cut HomeTrust Bancshares from an "outperform" rating to a "market perform" rating in a research report on Monday, October 28th.

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.