Barclays PLC Grows Stock Holdings in HomeTrust Bancshares, Inc. (NASDAQ:HTBI)

Barclays PLC boosted its holdings in HomeTrust Bancshares, Inc. (NASDAQ:HTBI) by 32.9% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 58,609 shares of the financial services provider’s stock after buying an additional 14,524 shares during the period. Barclays PLC owned 0.33% of HomeTrust Bancshares worth $1,997,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in HTBI. Rhumbline Advisers boosted its position in HomeTrust Bancshares by 2.0% during the 2nd quarter. Rhumbline Advisers now owns 22,647 shares of the financial services provider’s stock worth $680,000 after purchasing an additional 435 shares during the period. Panagora Asset Management Inc. increased its position in shares of HomeTrust Bancshares by 0.6% during the second quarter. Panagora Asset Management Inc. now owns 92,272 shares of the financial services provider’s stock worth $2,771,000 after acquiring an additional 528 shares during the last quarter. BNP Paribas Financial Markets lifted its stake in shares of HomeTrust Bancshares by 28.4% in the third quarter. BNP Paribas Financial Markets now owns 3,499 shares of the financial services provider’s stock worth $119,000 after acquiring an additional 774 shares in the last quarter. State Street Corp grew its stake in HomeTrust Bancshares by 0.4% during the 3rd quarter. State Street Corp now owns 365,453 shares of the financial services provider’s stock valued at $12,455,000 after purchasing an additional 1,428 shares in the last quarter. Finally, Huber Capital Management LLC raised its position in shares of HomeTrust Bancshares by 9.1% in the 2nd quarter. Huber Capital Management LLC now owns 17,742 shares of the financial services provider’s stock valued at $533,000 after purchasing an additional 1,487 shares in the last quarter. Institutional investors and hedge funds own 60.94% of the company’s stock.

HomeTrust Bancshares Price Performance

Shares of NASDAQ HTBI opened at $34.37 on Friday. HomeTrust Bancshares, Inc. has a twelve month low of $23.55 and a twelve month high of $38.99. The company has a market capitalization of $602.51 million, a price-to-earnings ratio of 10.88 and a beta of 0.84. The firm has a 50-day moving average of $35.74 and a two-hundred day moving average of $33.80. The company has a current ratio of 1.11, a quick ratio of 1.06 and a debt-to-equity ratio of 0.50.

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

HomeTrust Bancshares Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, November 27th. Shareholders of record on Thursday, November 14th were given a $0.12 dividend. This is an increase from HomeTrust Bancshares’s previous quarterly dividend of $0.11. The ex-dividend date was Thursday, November 14th. This represents a $0.48 dividend on an annualized basis and a yield of 1.40%. HomeTrust Bancshares’s dividend payout ratio is presently 15.19%.

Wall Street Analyst Weigh In

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

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.