Charles Schwab Investment Management Inc. Sells 1,708 Shares of HomeTrust Bancshares, Inc. (NASDAQ:HTBI)

Charles Schwab Investment Management Inc. decreased its position in shares of HomeTrust Bancshares, Inc. (NASDAQ:HTBI) by 1.1% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 157,955 shares of the financial services provider’s stock after selling 1,708 shares during the period. Charles Schwab Investment Management Inc. owned approximately 0.90% of HomeTrust Bancshares worth $5,320,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also made changes to their positions in HTBI. BNP Paribas Financial Markets increased its stake 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 purchasing an additional 774 shares during the period. XTX Topco Ltd purchased a new position in HomeTrust Bancshares in the 3rd quarter worth about $257,000. Franklin Resources Inc. lifted its holdings in HomeTrust Bancshares by 8.8% during the 3rd quarter. Franklin Resources Inc. now owns 15,871 shares of the financial services provider’s stock valued at $542,000 after buying an additional 1,281 shares in the last quarter. Rhumbline Advisers boosted its position in HomeTrust Bancshares by 1.2% in the 4th quarter. Rhumbline Advisers now owns 22,883 shares of the financial services provider’s stock valued at $771,000 after buying an additional 272 shares during the period. Finally, Cerity Partners LLC grew its stake in HomeTrust Bancshares by 82.2% in the 3rd quarter. Cerity Partners LLC now owns 27,226 shares of the financial services provider’s stock worth $928,000 after acquiring an additional 12,280 shares in the last quarter. Hedge funds and other institutional investors own 60.94% of the company’s stock.

Analysts Set New Price Targets

A number of analysts recently issued reports on HTBI shares. Keefe, Bruyette & Woods boosted their price target on HomeTrust Bancshares from $39.00 to $43.00 and gave the company an “outperform” rating in a report on Wednesday, December 4th. StockNews.com started coverage on HomeTrust Bancshares in a report on Friday, March 21st. They issued a “hold” rating for the company.

HomeTrust Bancshares Stock Down 1.8 %

HTBI opened at $36.53 on Wednesday. The company has a fifty day moving average of $36.53 and a two-hundred day moving average of $35.44. The stock has a market capitalization of $640.28 million, a price-to-earnings ratio of 11.41 and a beta of 0.86. HomeTrust Bancshares, Inc. has a fifty-two week low of $23.55 and a fifty-two week 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.

HomeTrust Bancshares (NASDAQ:HTBI) last announced its earnings results on Thursday, January 23rd. The financial services provider reported $0.83 EPS for the quarter, beating analysts’ consensus estimates of $0.75 by $0.08. HomeTrust Bancshares had a return on equity of 10.43% and a net margin of 18.57%. On average, research analysts expect that HomeTrust Bancshares, Inc. will post 3.02 earnings per share for the current year.

HomeTrust Bancshares Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, February 27th. Investors of record on Thursday, February 13th were issued a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a yield of 1.31%. The ex-dividend date of this dividend was Thursday, February 13th. HomeTrust Bancshares’s dividend payout ratio is presently 15.00%.

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.