Bank of New York Mellon Corp Has $2.02 Million Stake in HomeTrust Bancshares, Inc. (NASDAQ:HTBI)

Bank of New York Mellon Corp raised its position in shares of HomeTrust Bancshares, Inc. (NASDAQ:HTBI) by 11.1% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 67,363 shares of the financial services provider’s stock after acquiring an additional 6,723 shares during the quarter. Bank of New York Mellon Corp owned about 0.39% of HomeTrust Bancshares worth $2,023,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of the business. Quadrature Capital Ltd acquired a new stake in HomeTrust Bancshares during the first quarter worth approximately $323,000. BNP Paribas Financial Markets boosted its holdings in shares of HomeTrust Bancshares by 21.8% during the 4th quarter. BNP Paribas Financial Markets now owns 15,463 shares of the financial services provider’s stock worth $416,000 after buying an additional 2,764 shares in the last quarter. Los Angeles Capital Management LLC grew its position in shares of HomeTrust Bancshares by 8.2% during the 1st quarter. Los Angeles Capital Management LLC now owns 42,438 shares of the financial services provider’s stock worth $1,160,000 after buying an additional 3,210 shares during the period. BHZ Capital Management LP increased its stake in shares of HomeTrust Bancshares by 43.9% in the 4th quarter. BHZ Capital Management LP now owns 59,477 shares of the financial services provider’s stock valued at $1,601,000 after acquiring an additional 18,156 shares in the last quarter. Finally, Hennessy Advisors Inc. lifted its position in shares of HomeTrust Bancshares by 19.0% during the 4th quarter. Hennessy Advisors Inc. now owns 75,000 shares of the financial services provider’s stock valued at $2,019,000 after acquiring an additional 12,000 shares during the period. 60.94% of the stock is currently owned by institutional investors and hedge funds.

HomeTrust Bancshares Stock Up 0.7 %

HTBI opened at $35.74 on Wednesday. The firm has a market capitalization of $623.48 million, a P/E ratio of 10.36 and a beta of 0.82. HomeTrust Bancshares, Inc. has a one year low of $19.37 and a one year high of $36.53. The company has a fifty day moving average price of $34.11 and a 200-day moving average price of $29.44. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.14 and a quick ratio of 1.08.

HomeTrust Bancshares (NASDAQ:HTBI) last issued its quarterly earnings results on Wednesday, July 24th. The financial services provider reported $0.73 EPS for the quarter, hitting analysts’ consensus estimates of $0.73. HomeTrust Bancshares had a net margin of 19.42% and a return on equity of 11.04%. The firm had revenue of $73.53 million for the quarter, compared to analyst estimates of $48.06 million. Equities research analysts expect that HomeTrust Bancshares, Inc. will post 3.19 earnings per share for the current fiscal year.

HomeTrust Bancshares Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, August 29th. Stockholders of record on Thursday, August 15th were issued a dividend of $0.11 per share. The ex-dividend date was Thursday, August 15th. This represents a $0.44 dividend on an annualized basis and a dividend yield of 1.23%. HomeTrust Bancshares’s dividend payout ratio is currently 12.75%.

Analysts Set New Price Targets

Several equities research analysts have weighed in on the stock. Hovde Group began coverage on shares of HomeTrust Bancshares in a research note on Wednesday, July 31st. They issued an “outperform” rating and a $42.00 price target for the company. Keefe, Bruyette & Woods upped their price target on HomeTrust Bancshares from $32.00 to $38.00 and gave the stock an “outperform” rating in a research note on Monday, July 29th. Finally, StockNews.com upgraded HomeTrust Bancshares from a “hold” rating to a “buy” rating in a report on Thursday, July 25th. Five research analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, HomeTrust Bancshares has a consensus rating of “Buy” and a consensus target price of $34.50.

HomeTrust Bancshares Company Profile

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.