Huber Capital Management LLC Has $533,000 Holdings in HomeTrust Bancshares, Inc. (NASDAQ:HTBI)

Huber Capital Management LLC increased its holdings in HomeTrust Bancshares, Inc. (NASDAQ:HTBI) by 9.1% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 17,742 shares of the financial services provider’s stock after purchasing an additional 1,487 shares during the quarter. Huber Capital Management LLC’s holdings in HomeTrust Bancshares were worth $533,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of HTBI. Rhumbline Advisers grew its position in shares of HomeTrust Bancshares by 2.0% in the 2nd quarter. Rhumbline Advisers now owns 22,647 shares of the financial services provider’s stock valued at $680,000 after buying an additional 435 shares during the last quarter. Panagora Asset Management Inc. boosted its holdings in HomeTrust Bancshares by 0.6% in the second quarter. Panagora Asset Management Inc. now owns 92,272 shares of the financial services provider’s stock valued at $2,771,000 after acquiring an additional 528 shares during the last quarter. Salzhauer Michael increased its position in HomeTrust Bancshares by 9.8% during the 2nd quarter. Salzhauer Michael now owns 25,374 shares of the financial services provider’s stock valued at $762,000 after purchasing an additional 2,260 shares during the period. BNP Paribas Financial Markets raised its holdings in HomeTrust Bancshares by 21.8% during the 4th quarter. BNP Paribas Financial Markets now owns 15,463 shares of the financial services provider’s stock worth $416,000 after purchasing an additional 2,764 shares during the last quarter. Finally, Los Angeles Capital Management LLC lifted its position in shares of HomeTrust Bancshares by 8.2% in the 1st quarter. Los Angeles Capital Management LLC now owns 42,438 shares of the financial services provider’s stock worth $1,160,000 after purchasing an additional 3,210 shares during the period. 60.94% of the stock is currently owned by institutional investors and hedge funds.

HomeTrust Bancshares Trading Down 3.7 %

HTBI opened at $35.19 on Friday. The company has a fifty day moving average price of $34.40 and a two-hundred day moving average price of $29.60. HomeTrust Bancshares, Inc. has a 1-year low of $19.37 and a 1-year high of $36.79. The company has a market cap of $613.89 million, a P/E ratio of 10.20 and a beta of 0.82. The company has a current ratio of 1.14, a quick ratio of 1.08 and a debt-to-equity ratio of 0.72.

HomeTrust Bancshares (NASDAQ:HTBI) last issued its earnings results on Wednesday, July 24th. The financial services provider reported $0.73 EPS for the quarter, meeting analysts’ consensus estimates of $0.73. HomeTrust Bancshares had a return on equity of 11.04% and a net margin of 19.42%. The business had revenue of $73.53 million during the quarter, compared to analyst estimates of $48.06 million. Analysts predict that HomeTrust Bancshares, Inc. will post 3.19 EPS for the current fiscal year.

HomeTrust Bancshares Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, August 29th. Stockholders of record on Thursday, August 15th were given a dividend of $0.11 per share. This represents a $0.44 dividend on an annualized basis and a dividend yield of 1.25%. The ex-dividend date of this dividend was Thursday, August 15th. HomeTrust Bancshares’s payout ratio is 12.75%.

Wall Street Analysts Forecast Growth

HTBI has been the subject of several recent analyst reports. Keefe, Bruyette & Woods increased their price objective on shares of HomeTrust Bancshares from $32.00 to $38.00 and gave the stock an “outperform” rating in a research report on Monday, July 29th. Hovde Group assumed coverage on HomeTrust Bancshares in a research report on Wednesday, July 31st. They issued an “outperform” rating and a $42.00 price objective for the company. Finally, StockNews.com upgraded HomeTrust Bancshares from a “hold” rating to a “buy” rating in a research report on Thursday, July 25th. Five analysts have rated the stock with a buy rating, According to data from MarketBeat, the company presently has a consensus rating of “Buy” and a consensus price target of $34.50.

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.