SG Americas Securities LLC Increases Stock Position in HomeTrust Bancshares, Inc. (NASDAQ:HTBI)

SG Americas Securities LLC raised its position in shares of HomeTrust Bancshares, Inc. (NASDAQ:HTBI) by 23.0% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 7,440 shares of the financial services provider’s stock after buying an additional 1,390 shares during the quarter. SG Americas Securities LLC’s holdings in HomeTrust Bancshares were worth $200,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the company. Citigroup Inc. increased its holdings in HomeTrust Bancshares by 96.1% in the 3rd quarter. Citigroup Inc. now owns 24,076 shares of the financial services provider’s stock worth $522,000 after buying an additional 11,800 shares in the last quarter. Panagora Asset Management Inc. increased its holdings in HomeTrust Bancshares by 7.2% in the 3rd quarter. Panagora Asset Management Inc. now owns 96,758 shares of the financial services provider’s stock worth $2,097,000 after buying an additional 6,507 shares in the last quarter. Beese Fulmer Investment Management Inc. bought a new stake in HomeTrust Bancshares in the 4th quarter worth about $208,000. Bank of New York Mellon Corp increased its holdings in HomeTrust Bancshares by 1.1% in the 3rd quarter. Bank of New York Mellon Corp now owns 90,932 shares of the financial services provider’s stock worth $1,970,000 after buying an additional 1,014 shares in the last quarter. Finally, Hennessy Advisors Inc. increased its holdings in HomeTrust Bancshares by 152.0% in the 3rd quarter. Hennessy Advisors Inc. now owns 63,000 shares of the financial services provider’s stock worth $1,365,000 after buying an additional 38,000 shares in the last quarter. Hedge funds and other institutional investors own 60.94% of the company’s stock.

HomeTrust Bancshares Trading Down 1.2 %

Shares of NASDAQ:HTBI opened at $24.17 on Friday. The stock has a market capitalization of $421.52 million, a price-to-earnings ratio of 8.14 and a beta of 0.77. The company has a debt-to-equity ratio of 0.95, a quick ratio of 1.10 and a current ratio of 1.15. The stock’s 50-day simple moving average is $25.83 and its two-hundred day simple moving average is $24.59. HomeTrust Bancshares, Inc. has a 52-week low of $18.02 and a 52-week high of $30.99.

HomeTrust Bancshares (NASDAQ:HTBI) last announced its earnings results on Wednesday, January 24th. The financial services provider reported $0.79 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.72 by $0.07. HomeTrust Bancshares had a return on equity of 11.41% and a net margin of 18.77%. The business had revenue of $50.17 million for the quarter, compared to analysts’ expectations of $48.66 million.

HomeTrust Bancshares Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, February 29th. Stockholders of record on Thursday, February 15th were given a dividend of $0.11 per share. The ex-dividend date was Wednesday, February 14th. This represents a $0.44 dividend on an annualized basis and a dividend yield of 1.82%. HomeTrust Bancshares’s payout ratio is currently 14.81%.

Wall Street Analyst Weigh In

HTBI has been the subject of several research analyst reports. Raymond James lifted their price objective on HomeTrust Bancshares from $30.00 to $33.00 and gave the stock an “outperform” rating in a report on Tuesday, January 30th. Keefe, Bruyette & Woods raised HomeTrust Bancshares from a “market perform” rating to an “outperform” rating and set a $32.00 target price on the stock in a research report on Wednesday, February 21st. One analyst has rated the stock with a hold rating and three have assigned a buy rating to the company. According to MarketBeat, HomeTrust Bancshares currently has a consensus rating of “Moderate Buy” and an average price target of $30.00.

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.