Thrivent Financial for Lutherans Has $1.95 Million Holdings in HomeTrust Bancshares, Inc. (NASDAQ:HTBI)

Thrivent Financial for Lutherans cut its holdings in HomeTrust Bancshares, Inc. (NASDAQ:HTBI) by 7.6% during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 64,880 shares of the financial services provider’s stock after selling 5,299 shares during the quarter. Thrivent Financial for Lutherans owned approximately 0.37% of HomeTrust Bancshares worth $1,949,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of HTBI. EJF Capital LLC boosted its stake in HomeTrust Bancshares by 185.6% in the first quarter. EJF Capital LLC now owns 116,624 shares of the financial services provider’s stock valued at $3,188,000 after buying an additional 75,789 shares in the last quarter. American Century Companies Inc. boosted 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 purchasing an additional 40,201 shares in the last quarter. Dimensional Fund Advisors LP boosted its stake in shares of HomeTrust Bancshares by 4.8% during the second 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 in the last quarter. Sierra Summit Advisors LLC acquired a new stake in shares of HomeTrust Bancshares during the second quarter valued at about $711,000. Finally, Hennessy Advisors Inc. boosted its stake in shares of HomeTrust Bancshares by 26.7% during the first quarter. Hennessy Advisors Inc. now owns 95,000 shares of the financial services provider’s stock valued at $2,597,000 after purchasing an additional 20,000 shares in the last quarter. 60.94% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of brokerages have recently commented on HTBI. StockNews.com raised HomeTrust Bancshares from a “hold” rating to a “buy” rating in a research note on Thursday, July 25th. Keefe, Bruyette & Woods lifted their price target on HomeTrust Bancshares from $32.00 to $38.00 and gave the company an “outperform” rating in a research note on Monday, July 29th. Finally, Hovde Group began coverage on HomeTrust Bancshares in a research note on Wednesday, July 31st. They set an “outperform” rating and a $42.00 price target on the stock. Five equities research analysts have rated the stock with a buy rating, According to data from MarketBeat, HomeTrust Bancshares has a consensus rating of “Buy” and a consensus target price of $34.50.

HomeTrust Bancshares Price Performance

HomeTrust Bancshares stock opened at $32.90 on Wednesday. The stock’s 50 day moving average is $34.41 and its 200 day moving average is $30.02. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.14 and a quick ratio of 1.08. The firm has a market cap of $573.94 million, a P/E ratio of 9.54 and a beta of 0.82. HomeTrust Bancshares, Inc. has a one year low of $19.37 and a one year high of $36.79.

HomeTrust Bancshares (NASDAQ:HTBI) last posted its quarterly earnings data on Wednesday, July 24th. The financial services provider reported $0.73 EPS for the quarter, hitting analysts’ consensus estimates of $0.73. The company had revenue of $73.53 million for the quarter, compared to analyst estimates of $48.06 million. HomeTrust Bancshares had a return on equity of 11.04% and a net margin of 19.42%. As a group, research analysts expect that HomeTrust Bancshares, Inc. will post 3.19 EPS for the current year.

HomeTrust Bancshares Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, August 29th. Shareholders of record on Thursday, August 15th were issued a $0.11 dividend. The ex-dividend date of this dividend was Thursday, August 15th. This represents a $0.44 dividend on an annualized basis and a yield of 1.34%. HomeTrust Bancshares’s payout ratio is currently 12.75%.

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.