JPMorgan Chase & Co. Buys 15,916 Shares of HomeTrust Bancshares, Inc. (NASDAQ:HTBI)

JPMorgan Chase & Co. lifted its stake in shares of HomeTrust Bancshares, Inc. (NASDAQ:HTBI - Free Report) by 20.0% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 95,559 shares of the financial services provider's stock after purchasing an additional 15,916 shares during the period. JPMorgan Chase & Co. owned approximately 0.55% of HomeTrust Bancshares worth $3,257,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of the stock. Rhumbline Advisers lifted its holdings in 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 buying an additional 435 shares during the period. American Century Companies Inc. lifted its holdings in HomeTrust Bancshares by 20.1% in the second quarter. American Century Companies Inc. now owns 239,722 shares of the financial services provider's stock valued at $7,199,000 after buying an additional 40,201 shares during the period. Dimensional Fund Advisors LP lifted its holdings in HomeTrust Bancshares by 4.8% in the second quarter. Dimensional Fund Advisors LP now owns 673,365 shares of the financial services provider's stock valued at $20,220,000 after buying an additional 30,891 shares during the period. AQR Capital Management LLC acquired a new position in HomeTrust Bancshares in the second quarter valued at approximately $201,000. Finally, SG Americas Securities LLC acquired a new position in HomeTrust Bancshares in the third quarter valued at approximately $326,000. 60.94% of the stock is currently owned by institutional investors and hedge funds.

HomeTrust Bancshares Trading Up 2.2 %

HTBI traded up $0.73 during mid-day trading on Monday, hitting $34.23. The stock had a trading volume of 34,535 shares, compared to its average volume of 27,932. The stock's fifty day simple moving average is $35.49 and its 200-day simple moving average is $34.41. 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 firm has a market capitalization of $600.05 million, a price-to-earnings ratio of 10.83 and a beta of 0.86. HomeTrust Bancshares, Inc. has a 1-year low of $23.55 and a 1-year high of $38.99.

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 for the quarter, missing the consensus estimate of $0.80 by ($0.04). The firm had revenue of $74.93 million during the quarter, compared to analyst estimates of $50.13 million. HomeTrust Bancshares had a return on equity of 10.41% and a net margin of 18.53%. As a group, research analysts forecast 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. Stockholders of record on Thursday, November 14th were given a dividend of $0.12 per share. This is an increase from HomeTrust Bancshares's previous quarterly dividend of $0.11. The ex-dividend date was Thursday, November 14th. This represents a $0.48 annualized dividend and a dividend yield of 1.40%. HomeTrust Bancshares's dividend payout ratio is currently 15.19%.

Analysts Set New Price Targets

Several brokerages recently weighed in on HTBI. Raymond James lowered shares of HomeTrust Bancshares from an "outperform" rating to a "market perform" rating in a report on Monday, October 28th. Keefe, Bruyette & Woods increased their target price on shares of HomeTrust Bancshares from $39.00 to $43.00 and gave the stock an "outperform" rating in a report on Wednesday, December 4th.

About HomeTrust Bancshares

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.