Rhumbline Advisers Has $680,000 Stock Position in HomeTrust Bancshares, Inc. (NASDAQ:HTBI)

Rhumbline Advisers increased its stake in shares of HomeTrust Bancshares, Inc. (NASDAQ:HTBI) by 2.0% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 22,647 shares of the financial services provider’s stock after acquiring an additional 435 shares during the quarter. Rhumbline Advisers’ holdings in HomeTrust Bancshares were worth $680,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of the stock. Vanguard Group Inc. increased its holdings 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 worth $23,719,000 after purchasing an additional 5,364 shares during the period. Bank of New York Mellon Corp increased its stake in HomeTrust Bancshares by 11.1% during the second 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 acquiring an additional 6,723 shares during the period. Panagora Asset Management Inc. increased its stake in HomeTrust Bancshares by 0.6% during 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 period. Quadrature Capital Ltd acquired a new position in HomeTrust Bancshares in the 1st quarter valued at approximately $323,000. Finally, Hennessy Advisors Inc. lifted its position in shares of HomeTrust Bancshares by 10.5% in the 2nd quarter. Hennessy Advisors Inc. now owns 105,000 shares of the financial services provider’s stock worth $3,153,000 after acquiring an additional 10,000 shares during the period. 60.94% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of research analysts recently commented on HTBI shares. StockNews.com upgraded HomeTrust Bancshares from a “hold” rating to a “buy” rating in a research note on Thursday, July 25th. Keefe, Bruyette & Woods increased their price objective on shares of 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 started coverage on shares of HomeTrust Bancshares in a report on Wednesday, July 31st. They set an “outperform” rating and a $42.00 price objective for the company. Five investment analysts have rated the stock with a buy rating, According to MarketBeat, HomeTrust Bancshares has a consensus rating of “Buy” and a consensus price target of $34.50.

HomeTrust Bancshares Price Performance

Shares of HTBI stock opened at $34.50 on Wednesday. The company has a quick ratio of 1.08, a current ratio of 1.14 and a debt-to-equity ratio of 0.72. HomeTrust Bancshares, Inc. has a 12 month low of $19.37 and a 12 month high of $36.79. The firm has a market cap of $601.85 million, a price-to-earnings ratio of 10.00 and a beta of 0.82. The stock has a 50-day moving average price of $34.43 and a 200 day moving average price of $29.78.

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

HomeTrust Bancshares Announces Dividend

The business 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. The ex-dividend date was Thursday, August 15th. This represents a $0.44 annualized dividend and a dividend yield of 1.28%. 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.