Renaissance Technologies LLC Cuts Holdings in HomeTrust Bancshares, Inc. (HTBI)

Renaissance Technologies LLC lowered its stake in HomeTrust Bancshares, Inc. (NASDAQ:HTBI) by 3.7% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 565,655 shares of the financial services provider’s stock after selling 21,860 shares during the quarter. Renaissance Technologies LLC owned approximately 3.15% of HomeTrust Bancshares worth $13,802,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently modified their holdings of HTBI. Russell Investments Group Ltd. grew its stake in HomeTrust Bancshares by 160.3% during the 2nd quarter. Russell Investments Group Ltd. now owns 8,275 shares of the financial services provider’s stock valued at $202,000 after acquiring an additional 5,096 shares in the last quarter. American International Group Inc. grew its stake in shares of HomeTrust Bancshares by 7.0% in the 1st quarter. American International Group Inc. now owns 10,178 shares of the financial services provider’s stock valued at $239,000 after buying an additional 663 shares in the last quarter. Salzhauer Michael bought a new stake in shares of HomeTrust Bancshares in the 2nd quarter valued at approximately $244,000. Los Angeles Capital Management & Equity Research Inc. grew its stake in shares of HomeTrust Bancshares by 1.0% in the 2nd quarter. Los Angeles Capital Management & Equity Research Inc. now owns 10,350 shares of the financial services provider’s stock valued at $253,000 after buying an additional 100 shares in the last quarter. Finally, Alliancebernstein L.P. bought a new stake in shares of HomeTrust Bancshares in the 2nd quarter valued at approximately $288,000. 59.76% of the stock is currently owned by hedge funds and other institutional investors.

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HTBI has been the subject of several analyst reports. BidaskClub lowered HomeTrust Bancshares from a “buy” rating to a “hold” rating in a report on Thursday, July 13th. Keefe, Bruyette & Woods restated a “hold” rating and issued a $27.00 target price on shares of HomeTrust Bancshares in a report on Tuesday, October 3rd.

HomeTrust Bancshares, Inc. (NASDAQ:HTBI) opened at 25.85 on Friday. The company has a 50 day moving average price of $25.33 and a 200-day moving average price of $24.49. HomeTrust Bancshares, Inc. has a 52 week low of $18.22 and a 52 week high of $27.05. The firm has a market capitalization of $485.51 million, a price-to-earnings ratio of 39.59 and a beta of 0.33.

HomeTrust Bancshares (NASDAQ:HTBI) last announced its quarterly earnings data on Wednesday, July 26th. The financial services provider reported $0.25 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.27 by ($0.02). The company had revenue of $28.63 million for the quarter, compared to the consensus estimate of $29.53 million. HomeTrust Bancshares had a net margin of 10.31% and a return on equity of 4.50%. Equities analysts predict that HomeTrust Bancshares, Inc. will post $1.24 earnings per share for the current year.

HomeTrust Bancshares Company Profile

HomeTrust Bancshares, Inc is a bank holding company of HomeTrust Bank (the Bank). The Bank’s principal business consists of attracting deposits from the public and investing those funds, along with borrowed funds, in loans secured primarily by first and second mortgages on one- to four-family residences, including home equity loans, construction and land/lot loans, commercial real estate loans, construction and development loans, commercial and industrial loans, indirect automobile, and municipal leases.

Institutional Ownership by Quarter for HomeTrust Bancshares (NASDAQ:HTBI)

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