HomeTrust Bancshares, Inc. (NASDAQ:HTBI) Shares Bought by State Street Corp

State Street Corp lifted its position in shares of HomeTrust Bancshares, Inc. (NASDAQ:HTBI) by 0.4% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 365,453 shares of the financial services provider’s stock after purchasing an additional 1,428 shares during the period. State Street Corp owned about 2.08% of HomeTrust Bancshares worth $12,455,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in the company. American Century Companies Inc. grew its stake in shares of HomeTrust Bancshares by 20.1% during the second quarter. American Century Companies Inc. now owns 239,722 shares of the financial services provider’s stock valued at $7,199,000 after acquiring an additional 40,201 shares in the last quarter. Sierra Summit Advisors LLC purchased a new position in shares of HomeTrust Bancshares during the 2nd quarter valued at approximately $711,000. Charles Schwab Investment Management Inc. grew its position in shares of HomeTrust Bancshares by 84.3% during the third quarter. Charles Schwab Investment Management Inc. now owns 159,663 shares of the financial services provider’s stock worth $5,441,000 after buying an additional 73,013 shares in the last quarter. Rosenthal Henry Capital Advisors Inc. acquired a new stake in HomeTrust Bancshares in the third quarter valued at $911,000. Finally, Bank of New York Mellon Corp grew its stake in HomeTrust Bancshares by 11.1% in the second quarter. Bank of New York Mellon Corp now owns 67,363 shares of the financial services provider’s stock worth $2,023,000 after purchasing an additional 6,723 shares in the last quarter. 60.94% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research firms recently issued reports on HTBI. Raymond James lowered HomeTrust Bancshares from an “outperform” rating to a “market perform” rating in a research report on Monday, October 28th. Keefe, Bruyette & Woods upped their target price on shares of HomeTrust Bancshares from $39.00 to $43.00 and gave the stock an “outperform” rating in a research report on Wednesday, December 4th.

HomeTrust Bancshares Stock Performance

Shares of NASDAQ HTBI opened at $34.13 on Thursday. HomeTrust Bancshares, Inc. has a 1 year low of $23.55 and a 1 year high of $38.99. The company has a debt-to-equity ratio of 0.50, a quick ratio of 1.06 and a current ratio of 1.11. The stock has a fifty day moving average price of $35.76 and a two-hundred day moving average price of $33.80. The firm has a market cap of $598.30 million, a P/E ratio of 10.80 and a beta of 0.84.

HomeTrust Bancshares (NASDAQ:HTBI) last posted its quarterly earnings data on Thursday, October 24th. The financial services provider reported $0.76 earnings per share for the quarter, missing the consensus estimate of $0.80 by ($0.04). HomeTrust Bancshares had a net margin of 18.53% and a return on equity of 10.41%. The business had revenue of $74.93 million for the quarter, compared to the consensus estimate of $50.13 million. Research analysts forecast that HomeTrust Bancshares, Inc. will post 3.11 EPS for the current fiscal year.

HomeTrust Bancshares Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, November 27th. Investors of record on Thursday, November 14th were issued a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a dividend yield of 1.41%. This is a boost from HomeTrust Bancshares’s previous quarterly dividend of $0.11. The ex-dividend date was Thursday, November 14th. HomeTrust Bancshares’s payout ratio is presently 15.19%.

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.