Thrivent Financial For Lutherans increased its holdings in HomeTrust Bancshares (NASDAQ:HTBI) by 11.0% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 163,649 shares of the financial services provider’s stock after purchasing an additional 16,260 shares during the quarter. Thrivent Financial For Lutherans owned 0.86% of HomeTrust Bancshares worth $4,214,000 at the end of the most recent quarter.
A number of other hedge funds have also added to or reduced their stakes in HTBI. The Manufacturers Life Insurance Company grew its position in HomeTrust Bancshares by 3.6% in the second quarter. The Manufacturers Life Insurance Company now owns 14,051 shares of the financial services provider’s stock worth $342,000 after buying an additional 488 shares during the last quarter. Thomson Horstmann & Bryant Inc. lifted its position in shares of HomeTrust Bancshares by 0.7% during the 4th quarter. Thomson Horstmann & Bryant Inc. now owns 413,445 shares of the financial services provider’s stock valued at $10,646,000 after acquiring an additional 2,724 shares during the last quarter. Schwab Charles Investment Management Inc. lifted its position in shares of HomeTrust Bancshares by 5.5% during the 3rd quarter. Schwab Charles Investment Management Inc. now owns 67,309 shares of the financial services provider’s stock valued at $1,727,000 after acquiring an additional 3,499 shares during the last quarter. Kennedy Capital Management Inc. boosted its stake in shares of HomeTrust Bancshares by 1.2% during the 4th quarter. Kennedy Capital Management Inc. now owns 309,365 shares of the financial services provider’s stock worth $7,966,000 after acquiring an additional 3,774 shares in the last quarter. Finally, SG Americas Securities LLC bought a new stake in shares of HomeTrust Bancshares during the 3rd quarter worth $106,000. 60.48% of the stock is owned by institutional investors and hedge funds.
HomeTrust Bancshares stock traded down $0.27 during midday trading on Friday, reaching $26.55. The stock had a trading volume of 20,293 shares, compared to its average volume of 41,549. The company has a debt-to-equity ratio of 1.74, a quick ratio of 1.33 and a current ratio of 1.33. HomeTrust Bancshares has a twelve month low of $21.40 and a twelve month high of $28.00. The firm has a market capitalization of $504.05, a price-to-earnings ratio of 28.24 and a beta of 0.23.
HomeTrust Bancshares (NASDAQ:HTBI) last released its earnings results on Monday, January 29th. The financial services provider reported $0.38 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.30 by $0.08. The company had revenue of $30.02 million during the quarter, compared to analyst estimates of $29.59 million. HomeTrust Bancshares had a positive return on equity of 5.65% and a negative net margin of 0.05%.
HTBI has been the topic of a number of recent analyst reports. BidaskClub raised HomeTrust Bancshares from a “hold” rating to a “buy” rating in a research report on Saturday, March 24th. Sandler O’Neill set a $28.00 price target on HomeTrust Bancshares and gave the stock a “hold” rating in a research note on Thursday, January 4th. Finally, Keefe, Bruyette & Woods restated a “neutral” rating on shares of HomeTrust Bancshares in a report on Friday, December 22nd. Two analysts have rated the stock with a hold rating and two have given a buy rating to the company. HomeTrust Bancshares presently has a consensus rating of “Buy” and an average price target of $28.00.
In other HomeTrust Bancshares news, EVP Keith J. Houghton sold 6,000 shares of HomeTrust Bancshares stock in a transaction dated Tuesday, March 13th. The stock was sold at an average price of $27.55, for a total transaction of $165,300.00. Following the transaction, the executive vice president now owns 9,412 shares of the company’s stock, valued at approximately $259,300.60. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Company insiders own 6.34% of the company’s stock.
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HomeTrust Bancshares Profile
HomeTrust Bancshares, Inc operates as the bank holding company for HomeTrust Bank that provides a range of retail and commercial banking products. Its deposit products consist of savings, money market, and demand accounts, as well as certificates of deposit for individuals, businesses, and nonprofit organizations.
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