Northern Trust Corp grew its stake in HomeTrust Bancshares, Inc. (NASDAQ:HTBI) by 6.2% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 200,662 shares of the financial services provider’s stock after buying an additional 11,771 shares during the period. Northern Trust Corp owned 1.12% of HomeTrust Bancshares worth $4,896,000 as of its most recent filing with the Securities and Exchange Commission.
Other hedge funds also recently modified their holdings of the company. Russell Investments Group Ltd. increased its stake in shares of HomeTrust Bancshares by 160.3% in the second quarter. Russell Investments Group Ltd. now owns 8,275 shares of the financial services provider’s stock valued at $202,000 after buying an additional 5,096 shares during the period. American International Group Inc. increased its stake in shares of HomeTrust Bancshares by 7.0% in the first 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 during the period. Los Angeles Capital Management & Equity Research Inc. increased its stake in shares of HomeTrust Bancshares by 1.0% in the second 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 during the period. Alliancebernstein L.P. acquired a new stake in shares of HomeTrust Bancshares in the second quarter valued at about $288,000. Finally, Ameriprise Financial Inc. acquired a new stake in shares of HomeTrust Bancshares in the second quarter valued at about $291,000. 60.33% of the stock is owned by institutional investors.
Several equities research analysts recently commented on HTBI shares. Keefe, Bruyette & Woods restated a “hold” rating and set a $27.00 target price on shares of HomeTrust Bancshares in a research report on Tuesday, October 3rd. TheStreet upgraded HomeTrust Bancshares from a “c” rating to a “b-” rating in a research report on Friday, November 17th.
Shares of HomeTrust Bancshares, Inc. (HTBI) remained flat at $$27.20 during trading on Monday. 47,442 shares of the stock traded hands, compared to its average volume of 42,916. HomeTrust Bancshares, Inc. has a fifty-two week low of $21.40 and a fifty-two week high of $27.80. The company has a current ratio of 1.32, a quick ratio of 1.32 and a debt-to-equity ratio of 1.68. The company has a market cap of $515.77, a P/E ratio of 27.48 and a beta of 0.34.
HomeTrust Bancshares (NASDAQ:HTBI) last announced its earnings results on Monday, October 30th. The financial services provider reported $0.30 EPS for the quarter, beating the consensus estimate of $0.27 by $0.03. HomeTrust Bancshares had a return on equity of 4.71% and a net margin of 11.28%. The company had revenue of $29.16 million for the quarter, compared to analyst estimates of $30.00 million.
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HomeTrust Bancshares 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.
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