Quadrature Capital Ltd Purchases Shares of 10,744 HomeTrust Bancshares, Inc. (NASDAQ:HTBI)

Quadrature Capital Ltd bought a new position in shares of HomeTrust Bancshares, Inc. (NASDAQ:HTBI – Get Rating) during the 3rd quarter, according to its most recent disclosure with the SEC. The fund bought 10,744 shares of the financial services provider’s stock, valued at approximately $237,000. Quadrature Capital Ltd owned 0.07% of HomeTrust Bancshares at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of HTBI. Quadrant Capital Group LLC increased its position in HomeTrust Bancshares by 4,353.7% in the 3rd quarter. Quadrant Capital Group LLC now owns 1,826 shares of the financial services provider’s stock valued at $40,000 after buying an additional 1,785 shares in the last quarter. Martingale Asset Management L P lifted its holdings in HomeTrust Bancshares by 212.0% during the 3rd quarter. Martingale Asset Management L P now owns 47,763 shares of the financial services provider’s stock worth $1,057,000 after purchasing an additional 32,456 shares in the last quarter. Lazard Asset Management LLC purchased a new stake in HomeTrust Bancshares during the 3rd quarter worth about $123,000. Prudential Financial Inc. purchased a new stake in shares of HomeTrust Bancshares in the 3rd quarter valued at about $563,000. Finally, Barclays PLC raised its holdings in shares of HomeTrust Bancshares by 23.6% in the 3rd quarter. Barclays PLC now owns 45,117 shares of the financial services provider’s stock valued at $997,000 after acquiring an additional 8,601 shares in the last quarter. 58.64% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

HTBI has been the topic of several recent research reports. Piper Sandler upgraded HomeTrust Bancshares from a “neutral” rating to an “overweight” rating and raised their price target for the stock from $27.00 to $32.00 in a research report on Tuesday, February 28th. StockNews.com downgraded shares of HomeTrust Bancshares from a “buy” rating to a “hold” rating in a research note on Friday. Finally, Janney Montgomery Scott raised shares of HomeTrust Bancshares from a “neutral” rating to a “buy” rating in a report on Tuesday, February 21st. Two analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $29.00.

HomeTrust Bancshares Trading Down 9.5 %

NASDAQ:HTBI opened at $24.44 on Tuesday. The firm has a 50-day simple moving average of $26.68 and a 200-day simple moving average of $24.78. The company has a debt-to-equity ratio of 0.32, a quick ratio of 1.03 and a current ratio of 1.06. HomeTrust Bancshares, Inc. has a one year low of $21.55 and a one year high of $31.11. The firm has a market cap of $424.52 million, a P/E ratio of 10.18 and a beta of 0.65.

HomeTrust Bancshares (NASDAQ:HTBI – Get Rating) last posted its earnings results on Tuesday, January 24th. The financial services provider reported $0.90 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.74 by $0.16. The firm had revenue of $46.00 million during the quarter, compared to analysts’ expectations of $42.00 million. HomeTrust Bancshares had a net margin of 21.69% and a return on equity of 9.28%. Equities analysts anticipate that HomeTrust Bancshares, Inc. will post 3.14 EPS for the current fiscal year.

HomeTrust Bancshares Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, March 2nd. Investors of record on Thursday, February 16th were issued a $0.10 dividend. The ex-dividend date was Wednesday, February 15th. This represents a $0.40 annualized dividend and a yield of 1.64%. HomeTrust Bancshares’s dividend payout ratio (DPR) is 16.67%.

Insider Activity at HomeTrust Bancshares

In other news, CFO Tony J. Vuncannon sold 6,947 shares of the firm’s stock in a transaction that occurred on Wednesday, December 21st. The shares were sold at an average price of $24.59, for a total transaction of $170,826.73. Following the transaction, the chief financial officer now directly owns 46,666 shares in the company, valued at $1,147,516.94. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. In other HomeTrust Bancshares news, CFO Tony J. Vuncannon sold 6,947 shares of the company’s stock in a transaction that occurred on Wednesday, December 21st. The stock was sold at an average price of $24.59, for a total value of $170,826.73. Following the completion of the transaction, the chief financial officer now owns 46,666 shares in the company, valued at approximately $1,147,516.94. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Hunter Westbrook sold 32,500 shares of the company’s stock in a transaction that occurred on Tuesday, January 24th. The shares were sold at an average price of $25.29, for a total value of $821,925.00. Following the sale, the chief executive officer now directly owns 63,083 shares in the company, valued at $1,595,369.07. The disclosure for this sale can be found here. Insiders have sold a total of 130,550 shares of company stock valued at $3,530,731 over the last 90 days. 6.95% of the stock is owned by corporate insiders.

HomeTrust Bancshares Company Profile

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HomeTrust Bancshares, Inc operates as a bank holding company, which engages in the provision of deposit accounts for individuals, businesses, and nonprofit organizations for HomeTrust Bank. It is involved in attracting deposits, including savings money market, demand accounts, and certificates of deposit from the general public.