HomeTrust Bancshares, Inc. (NASDAQ:HTBI) Stake Lifted by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP raised its stake in HomeTrust Bancshares, Inc. (NASDAQ:HTBI - Free Report) by 4.8% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 673,365 shares of the financial services provider's stock after purchasing an additional 30,891 shares during the quarter. Dimensional Fund Advisors LP owned about 3.86% of HomeTrust Bancshares worth $20,220,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. EJF Capital LLC raised its holdings in shares of HomeTrust Bancshares by 185.6% during the 1st quarter. EJF Capital LLC now owns 116,624 shares of the financial services provider's stock valued at $3,188,000 after buying an additional 75,789 shares during the period. American Century Companies Inc. lifted its position in 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. Hennessy Advisors Inc. lifted its position in HomeTrust Bancshares by 26.7% during the 1st quarter. Hennessy Advisors Inc. now owns 95,000 shares of the financial services provider's stock worth $2,597,000 after acquiring an additional 20,000 shares in the last quarter. BHZ Capital Management LP lifted its position in HomeTrust Bancshares by 43.9% during the 4th quarter. BHZ Capital Management LP now owns 59,477 shares of the financial services provider's stock worth $1,601,000 after acquiring an additional 18,156 shares in the last quarter. Finally, Quadrature Capital Ltd acquired a new position in HomeTrust Bancshares during the 1st quarter worth approximately $323,000. Institutional investors and hedge funds own 60.94% of the company's stock.

HomeTrust Bancshares Stock Up 1.6 %

Shares of HTBI traded up $0.52 during trading on Friday, reaching $32.46. The company's stock had a trading volume of 35,550 shares, compared to its average volume of 38,371. The company has a quick ratio of 1.08, a current ratio of 1.14 and a debt-to-equity ratio of 0.72. The company has a market cap of $566.26 million, a price-to-earnings ratio of 9.26 and a beta of 0.82. HomeTrust Bancshares, Inc. has a twelve month low of $19.37 and a twelve month high of $36.79. The company has a fifty day moving average of $34.28 and a two-hundred day moving average of $30.11.

HomeTrust Bancshares (NASDAQ:HTBI - Get Free Report) last released its quarterly earnings data on Wednesday, July 24th. The financial services provider reported $0.73 earnings per share for the quarter, hitting the consensus estimate of $0.73. The firm had revenue of $73.53 million for the quarter, compared to analyst estimates of $48.06 million. HomeTrust Bancshares had a net margin of 19.42% and a return on equity of 11.04%. On average, sell-side analysts predict that HomeTrust Bancshares, Inc. will post 3.19 EPS for the current fiscal year.

HomeTrust Bancshares Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, August 29th. Shareholders of record on Thursday, August 15th were given a $0.11 dividend. This represents a $0.44 annualized dividend and a yield of 1.36%. The ex-dividend date of this dividend was Thursday, August 15th. HomeTrust Bancshares's dividend payout ratio (DPR) is 12.75%.

Analyst Upgrades and Downgrades

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

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.