HomeTrust Bancshares, Inc. (NASDAQ:HTBI) Shares Sold by Thrivent Financial for Lutherans

Thrivent Financial for Lutherans cut its holdings in HomeTrust Bancshares, Inc. (NASDAQ:HTBI) by 3.2% in the 3rd quarter, according to its most recent 13F filing with the SEC. The fund owned 62,803 shares of the financial services provider’s stock after selling 2,077 shares during the period. Thrivent Financial for Lutherans owned 0.36% of HomeTrust Bancshares worth $2,140,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. American Century Companies Inc. raised its holdings in HomeTrust Bancshares by 20.1% in the 2nd 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 during the last quarter. Sierra Summit Advisors LLC purchased a new stake in shares of HomeTrust Bancshares during the 2nd quarter valued at $711,000. Vanguard Group Inc. grew its stake in shares of HomeTrust Bancshares by 0.6% during the 1st quarter. Vanguard Group Inc. now owns 867,557 shares of the financial services provider’s stock valued at $23,719,000 after buying an additional 5,364 shares during the period. Bank of New York Mellon Corp grew its stake in shares of HomeTrust Bancshares by 11.1% during the 2nd quarter. Bank of New York Mellon Corp now owns 67,363 shares of the financial services provider’s stock valued at $2,023,000 after buying an additional 6,723 shares during the period. Finally, Rosenthal Henry Capital Advisors Inc. purchased a new stake in shares of HomeTrust Bancshares during the 3rd quarter valued at $911,000. 60.94% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on HTBI. Raymond James cut shares of HomeTrust Bancshares from an “outperform” rating to a “market perform” rating in a research note on Monday, October 28th. Hovde Group began coverage on shares of HomeTrust Bancshares in a research note on Wednesday, July 31st. They set an “outperform” rating and a $42.00 price objective for the company. Finally, Keefe, Bruyette & Woods reissued an “outperform” rating and set a $39.00 price objective (up from $38.00) on shares of HomeTrust Bancshares in a research note on Tuesday, October 29th.

HomeTrust Bancshares Stock Performance

Shares of HTBI stock opened at $37.31 on Thursday. HomeTrust Bancshares, Inc. has a 12 month low of $22.67 and a 12 month high of $38.99. The company has a debt-to-equity ratio of 0.50, a current ratio of 1.11 and a quick ratio of 1.06. The firm has a market capitalization of $654.04 million, a P/E ratio of 11.81 and a beta of 0.81. The company’s fifty day moving average price is $34.82 and its two-hundred day moving average price is $32.67.

HomeTrust Bancshares (NASDAQ:HTBI) last issued its quarterly earnings data on Thursday, October 24th. The financial services provider reported $0.76 EPS for the quarter, missing analysts’ consensus estimates of $0.80 by ($0.04). HomeTrust Bancshares had a return on equity of 10.41% and a net margin of 18.53%. The firm had revenue of $74.93 million during the quarter, compared to analyst estimates of $50.13 million. On average, research analysts anticipate 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 paid a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a dividend yield of 1.29%. The ex-dividend date of this dividend was Thursday, November 14th. This is a positive change from HomeTrust Bancshares’s previous quarterly dividend of $0.11. HomeTrust Bancshares’s dividend payout ratio is 15.19%.

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.