HomeTrust Bancshares, Inc. (NASDAQ:HTBI) Shares Bought by BNP Paribas Financial Markets

BNP Paribas Financial Markets lifted its position in shares of HomeTrust Bancshares, Inc. (NASDAQ:HTBI) by 28.4% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 3,499 shares of the financial services provider’s stock after buying an additional 774 shares during the quarter. BNP Paribas Financial Markets’ holdings in HomeTrust Bancshares were worth $119,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in the business. AQR Capital Management LLC acquired a new position in HomeTrust Bancshares during the second quarter worth about $201,000. Princeton Capital Management LLC purchased a new position in shares of HomeTrust Bancshares during the 3rd quarter worth approximately $222,000. Creative Planning acquired a new position in shares of HomeTrust Bancshares during the 3rd quarter worth approximately $266,000. SG Americas Securities LLC acquired a new position in shares of HomeTrust Bancshares during the 3rd quarter worth approximately $326,000. Finally, Huber Capital Management LLC lifted its stake in HomeTrust Bancshares by 9.1% in the 2nd quarter. Huber Capital Management LLC now owns 17,742 shares of the financial services provider’s stock valued at $533,000 after buying an additional 1,487 shares in the last quarter. 60.94% of the stock is currently owned by hedge funds and other institutional investors.

HomeTrust Bancshares Stock Performance

Shares of HTBI opened at $34.37 on Thursday. HomeTrust Bancshares, Inc. has a 1 year low of $23.55 and a 1 year high of $38.99. The company’s 50 day simple moving average is $35.76 and its 200 day simple moving average is $33.57. The company has a market capitalization of $602.51 million, a price-to-earnings ratio of 10.88 and a beta of 0.84. The company has a debt-to-equity ratio of 0.50, a quick ratio of 1.06 and a current ratio of 1.11.

HomeTrust Bancshares (NASDAQ:HTBI) last issued its quarterly earnings results on Thursday, October 24th. The financial services provider reported $0.76 earnings per share 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 business had revenue of $74.93 million for the quarter, compared to analysts’ expectations of $50.13 million. On average, sell-side analysts predict that HomeTrust Bancshares, Inc. will post 3.11 EPS for the current year.

HomeTrust Bancshares Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, November 27th. Shareholders of record on Thursday, November 14th were paid a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a yield of 1.40%. This is a positive change from HomeTrust Bancshares’s previous quarterly dividend of $0.11. The ex-dividend date was Thursday, November 14th. HomeTrust Bancshares’s dividend payout ratio (DPR) is presently 15.19%.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on HTBI. Raymond James downgraded HomeTrust Bancshares from an “outperform” rating to a “market perform” rating in a research report on Monday, October 28th. Keefe, Bruyette & Woods lifted their price objective on HomeTrust Bancshares from $39.00 to $43.00 and gave the stock an “outperform” rating in a research report on Wednesday, December 4th.

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.