HomeTrust Bancshares, Inc. (NASDAQ:HTBI) Shares Sold by Charles Schwab Investment Management Inc.

Charles Schwab Investment Management Inc. reduced its position in shares of HomeTrust Bancshares, Inc. (NASDAQ:HTBI) by 1.1% in the 4th quarter, Holdings Channel.com reports. The firm owned 157,955 shares of the financial services provider’s stock after selling 1,708 shares during the period. Charles Schwab Investment Management Inc.’s holdings in HomeTrust Bancshares were worth $5,320,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of HTBI. BNP Paribas Financial Markets lifted its stake in HomeTrust Bancshares by 28.4% during 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 last quarter. XTX Topco Ltd acquired a new stake in HomeTrust Bancshares during the third quarter worth approximately $257,000. Franklin Resources Inc. lifted its position in shares of HomeTrust Bancshares by 8.8% during the 3rd quarter. Franklin Resources Inc. now owns 15,871 shares of the financial services provider’s stock worth $542,000 after buying an additional 1,281 shares during the last quarter. Rhumbline Advisers boosted its holdings in shares of 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 in the last quarter. Finally, Cerity Partners LLC boosted its holdings in shares of HomeTrust Bancshares by 82.2% in the 3rd quarter. Cerity Partners LLC now owns 27,226 shares of the financial services provider’s stock valued at $928,000 after buying an additional 12,280 shares in the last quarter. Institutional investors and hedge funds own 60.94% of the company’s stock.

Analyst Ratings Changes

A number of brokerages recently weighed in on HTBI. Keefe, Bruyette & Woods boosted their price target on shares of HomeTrust Bancshares from $39.00 to $43.00 and gave the company an “outperform” rating in a research report on Wednesday, December 4th. StockNews.com initiated 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. HomeTrust Bancshares, Inc. has a 52 week low of $23.55 and a 52 week high of $38.99. The business has a 50 day moving average price of $36.53 and a two-hundred day moving average price of $35.44. The company has a quick ratio of 1.06, a current ratio of 1.11 and a debt-to-equity ratio of 0.50. The company has a market cap of $640.28 million, a PE ratio of 11.41 and a beta of 0.86.

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

HomeTrust Bancshares Dividend Announcement

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 dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a yield of 1.31%. The ex-dividend date was Thursday, February 13th. HomeTrust Bancshares’s dividend payout ratio is presently 15.00%.

HomeTrust Bancshares Company 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.