American Century Companies Inc. Purchases 40,201 Shares of HomeTrust Bancshares, Inc. (NASDAQ:HTBI)

American Century Companies Inc. grew its holdings in HomeTrust Bancshares, Inc. (NASDAQ:HTBI - Free Report) by 20.1% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 239,722 shares of the financial services provider's stock after acquiring an additional 40,201 shares during the period. American Century Companies Inc. owned 1.37% of HomeTrust Bancshares worth $7,199,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in the business. Quadrature Capital Ltd acquired a new position in HomeTrust Bancshares during the 1st quarter worth $323,000. BNP Paribas Financial Markets grew its position in shares of HomeTrust Bancshares by 21.8% in the fourth quarter. BNP Paribas Financial Markets now owns 15,463 shares of the financial services provider's stock valued at $416,000 after purchasing an additional 2,764 shares during the last quarter. Rhumbline Advisers grew its position 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 during the last quarter. Los Angeles Capital Management LLC grew its position in shares of HomeTrust Bancshares by 8.2% in the first quarter. Los Angeles Capital Management LLC now owns 42,438 shares of the financial services provider's stock valued at $1,160,000 after purchasing an additional 3,210 shares during the last quarter. Finally, BHZ Capital Management LP grew its position in shares of HomeTrust Bancshares by 43.9% in the fourth quarter. BHZ Capital Management LP now owns 59,477 shares of the financial services provider's stock valued at $1,601,000 after purchasing an additional 18,156 shares during the last quarter. 60.94% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on HTBI shares. Hovde Group started coverage on HomeTrust Bancshares in a research report on Wednesday, July 31st. They issued an "outperform" rating and a $42.00 price target on the stock. Keefe, Bruyette & Woods raised their price target on HomeTrust Bancshares from $32.00 to $38.00 and gave the company an "outperform" rating in a research report on Monday, July 29th. Finally, StockNews.com raised HomeTrust Bancshares from a "hold" rating to a "buy" rating in a research report on Thursday, July 25th. Five research analysts have rated the stock with a buy rating, According to data from MarketBeat.com, HomeTrust Bancshares presently has an average rating of "Buy" and a consensus price target of $34.50.

HomeTrust Bancshares Stock Performance

Shares of NASDAQ HTBI traded down $0.55 during mid-day trading on Tuesday, hitting $34.50. The company had a trading volume of 35,833 shares, compared to its average volume of 38,233. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.14 and a quick ratio of 1.08. The business's 50-day simple moving average is $34.43 and its 200-day simple moving average is $29.78. HomeTrust Bancshares, Inc. has a 12 month low of $19.37 and a 12 month high of $36.79. The firm has a market cap of $601.85 million, a P/E ratio of 10.00 and a beta of 0.82.

HomeTrust Bancshares (NASDAQ:HTBI - Get Free Report) last released its earnings results on Wednesday, July 24th. The financial services provider reported $0.73 earnings per share for the quarter, meeting the consensus estimate of $0.73. HomeTrust Bancshares had a net margin of 19.42% and a return on equity of 11.04%. The business had revenue of $73.53 million during the quarter, compared to analysts' expectations of $48.06 million. As a group, analysts predict that HomeTrust Bancshares, Inc. will post 3.19 earnings per share for the current fiscal year.

HomeTrust Bancshares Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, August 29th. Shareholders of record on Thursday, August 15th were paid a dividend of $0.11 per share. This represents a $0.44 dividend on an annualized basis and a yield of 1.28%. The ex-dividend date of this dividend was Thursday, August 15th. HomeTrust Bancshares's dividend payout ratio is 12.75%.

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.