First Trust Advisors LP boosted its holdings in Hometrust Bancshares Inc (NASDAQ:HTBI) by 15.6% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 53,570 shares of the financial services provider’s stock after acquiring an additional 7,244 shares during the quarter. First Trust Advisors LP’s holdings in Hometrust Bancshares were worth $1,562,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors have also bought and sold shares of HTBI. MetLife Investment Advisors LLC grew its position in Hometrust Bancshares by 32.4% in the 2nd quarter. MetLife Investment Advisors LLC now owns 8,531 shares of the financial services provider’s stock valued at $240,000 after purchasing an additional 2,087 shares during the period. Citadel Advisors LLC acquired a new stake in Hometrust Bancshares in the 2nd quarter valued at $378,000. Royce & Associates LP acquired a new stake in Hometrust Bancshares in the 2nd quarter valued at $422,000. Acadian Asset Management LLC grew its position in Hometrust Bancshares by 254.2% in the 2nd quarter. Acadian Asset Management LLC now owns 19,338 shares of the financial services provider’s stock valued at $544,000 after purchasing an additional 13,879 shares during the period. Finally, California Public Employees Retirement System grew its position in Hometrust Bancshares by 52.2% in the 2nd quarter. California Public Employees Retirement System now owns 28,208 shares of the financial services provider’s stock valued at $794,000 after purchasing an additional 9,669 shares during the period. 62.33% of the stock is owned by institutional investors and hedge funds.
HTBI opened at $24.25 on Thursday. The company has a current ratio of 1.34, a quick ratio of 1.33 and a debt-to-equity ratio of 1.63. The firm has a market cap of $484.96 million, a price-to-earnings ratio of 17.57 and a beta of 0.41. Hometrust Bancshares Inc has a 1 year low of $24.00 and a 1 year high of $30.00.
Hometrust Bancshares (NASDAQ:HTBI) last posted its quarterly earnings data on Monday, October 29th. The financial services provider reported $0.41 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.40 by $0.01. The firm had revenue of $31.89 million for the quarter, compared to the consensus estimate of $31.64 million. Hometrust Bancshares had a net margin of 7.38% and a return on equity of 6.93%.
The company also recently disclosed a special dividend, which will be paid on Thursday, December 6th. Shareholders of record on Wednesday, November 21st will be issued a dividend of $0.06 per share. The ex-dividend date of this dividend is Tuesday, November 20th. Hometrust Bancshares’s dividend payout ratio is 17.39%.
A number of equities analysts have issued reports on the stock. TheStreet raised shares of Hometrust Bancshares from a “c” rating to a “b-” rating in a report on Friday, August 10th. BidaskClub downgraded shares of Hometrust Bancshares from a “buy” rating to a “hold” rating in a report on Saturday, August 25th.
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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. Its deposit products include savings, money market, and demand accounts, as well as certificates of deposit for individuals, businesses, and nonprofit organizations.
Read More: Compound Annual Growth Rate (CAGR)
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