Huber Capital Management LLC Has $533,000 Stake in HomeTrust Bancshares, Inc. (NASDAQ:HTBI)

Huber Capital Management LLC boosted its holdings in HomeTrust Bancshares, Inc. (NASDAQ:HTBI) by 9.1% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 17,742 shares of the financial services provider’s stock after purchasing an additional 1,487 shares during the period. Huber Capital Management LLC owned about 0.10% of HomeTrust Bancshares worth $533,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. EJF Capital LLC raised its position in HomeTrust Bancshares by 185.6% during the first quarter. EJF Capital LLC now owns 116,624 shares of the financial services provider’s stock worth $3,188,000 after acquiring an additional 75,789 shares in the last quarter. American Century Companies Inc. raised its holdings in shares of HomeTrust Bancshares by 20.1% in the 2nd quarter. American Century Companies Inc. now owns 239,722 shares of the financial services provider’s stock valued at $7,199,000 after purchasing an additional 40,201 shares during the period. Dimensional Fund Advisors LP lifted its stake in HomeTrust Bancshares by 4.8% in the 2nd quarter. Dimensional Fund Advisors LP now owns 673,365 shares of the financial services provider’s stock valued at $20,220,000 after purchasing an additional 30,891 shares during the last quarter. Sierra Summit Advisors LLC bought a new position in HomeTrust Bancshares during the second quarter worth about $711,000. Finally, Hennessy Advisors Inc. grew its holdings in HomeTrust Bancshares by 26.7% during the first quarter. Hennessy Advisors Inc. now owns 95,000 shares of the financial services provider’s stock worth $2,597,000 after purchasing an additional 20,000 shares during the period. 60.94% of the stock is currently owned by institutional investors and hedge funds.

HomeTrust Bancshares Stock Down 3.7 %

HTBI stock opened at $35.19 on Friday. HomeTrust Bancshares, Inc. has a 52 week low of $19.37 and a 52 week high of $36.79. The business has a 50-day simple moving average of $34.40 and a 200 day simple moving average of $29.60. The company has a quick ratio of 1.08, a current ratio of 1.14 and a debt-to-equity ratio of 0.72. The company has a market cap of $613.89 million, a PE ratio of 10.20 and a beta of 0.82.

HomeTrust Bancshares (NASDAQ:HTBI) last posted 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 return on equity of 11.04% and a net margin of 19.42%. The company had revenue of $73.53 million during the quarter, compared to analysts’ expectations of $48.06 million. Sell-side analysts anticipate that HomeTrust Bancshares, Inc. will post 3.19 EPS for the current fiscal year.

HomeTrust Bancshares Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, August 29th. Investors of record on Thursday, August 15th were issued a dividend of $0.11 per share. This represents a $0.44 annualized dividend and a dividend yield of 1.25%. The ex-dividend date was Thursday, August 15th. HomeTrust Bancshares’s dividend payout ratio (DPR) is 12.75%.

Wall Street Analyst Weigh In

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

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 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.