JPMorgan Chase & Co. Has $3.26 Million Stock Position in HomeTrust Bancshares, Inc. (NASDAQ:HTBI)

JPMorgan Chase & Co. increased its position in HomeTrust Bancshares, Inc. (NASDAQ:HTBI) by 20.0% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 95,559 shares of the financial services provider’s stock after buying an additional 15,916 shares during the period. JPMorgan Chase & Co. owned 0.55% of HomeTrust Bancshares worth $3,257,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in HTBI. BNP Paribas Financial Markets boosted its holdings in 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. Princeton Capital Management LLC acquired a new position in shares of HomeTrust Bancshares during the third quarter worth approximately $222,000. AQR Capital Management LLC bought a new position in shares of HomeTrust Bancshares in the 2nd quarter worth $201,000. XTX Topco Ltd acquired a new stake in HomeTrust Bancshares in the 3rd quarter valued at $257,000. Finally, Creative Planning bought a new stake in HomeTrust Bancshares during the 3rd quarter valued at $266,000. 60.94% of the stock is owned by institutional investors.

HomeTrust Bancshares Trading Up 2.2 %

NASDAQ:HTBI opened at $34.23 on Monday. HomeTrust Bancshares, Inc. has a 52 week low of $23.55 and a 52 week high of $38.99. The firm has a 50-day moving average price of $35.49 and a two-hundred day moving average price of $34.41. 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 firm has a market cap of $600.05 million, a price-to-earnings ratio of 10.83 and a beta of 0.86.

HomeTrust Bancshares (NASDAQ:HTBI) last announced its quarterly earnings data on Thursday, October 24th. The financial services provider reported $0.76 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.80 by ($0.04). The business had revenue of $74.93 million during the quarter, compared to the consensus estimate of $50.13 million. HomeTrust Bancshares had a net margin of 18.53% and a return on equity of 10.41%. On average, equities 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. Stockholders of record on Thursday, November 14th were given a dividend of $0.12 per share. This is an increase from HomeTrust Bancshares’s previous quarterly dividend of $0.11. This represents a $0.48 dividend on an annualized basis and a dividend yield of 1.40%. The ex-dividend date was Thursday, November 14th. HomeTrust Bancshares’s dividend payout ratio is currently 15.19%.

Wall Street Analyst Weigh In

HTBI has been the topic of a number of analyst reports. 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 report on Wednesday, December 4th. Raymond James downgraded HomeTrust Bancshares from an “outperform” rating to a “market perform” rating in a research note on Monday, October 28th.

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 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.