Vanguard Group Inc. Buys 7,578 Shares of HomeTrust Bancshares, Inc. (NASDAQ:HTBI)

Vanguard Group Inc. lifted its stake in shares of HomeTrust Bancshares, Inc. (NASDAQ:HTBI) by 0.9% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 829,903 shares of the financial services provider’s stock after acquiring an additional 7,578 shares during the period. Vanguard Group Inc.’s holdings in HomeTrust Bancshares were worth $17,984,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. Royal Bank of Canada grew its holdings in shares of HomeTrust Bancshares by 4.3% during the third quarter. Royal Bank of Canada now owns 11,813 shares of the financial services provider’s stock worth $262,000 after buying an additional 491 shares in the last quarter. FMR LLC lifted its holdings in HomeTrust Bancshares by 60.7% during the 1st quarter. FMR LLC now owns 1,554 shares of the financial services provider’s stock valued at $38,000 after purchasing an additional 587 shares during the last quarter. BNP Paribas Arbitrage SA boosted its position in HomeTrust Bancshares by 20.3% during the second quarter. BNP Paribas Arbitrage SA now owns 3,645 shares of the financial services provider’s stock worth $91,000 after purchasing an additional 614 shares during the period. Charles Schwab Investment Management Inc. increased its holdings in shares of HomeTrust Bancshares by 1.8% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 38,330 shares of the financial services provider’s stock valued at $926,000 after purchasing an additional 671 shares during the last quarter. Finally, First Trust Advisors LP raised its position in shares of HomeTrust Bancshares by 9.3% in the first quarter. First Trust Advisors LP now owns 8,276 shares of the financial services provider’s stock valued at $244,000 after purchasing an additional 704 shares during the period. 60.94% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

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

HomeTrust Bancshares Trading Down 1.2 %

HTBI stock opened at $24.17 on Monday. HomeTrust Bancshares, Inc. has a 52 week low of $18.02 and a 52 week high of $30.99. The company has a market capitalization of $421.52 million, a PE ratio of 8.14 and a beta of 0.77. The company’s 50-day simple moving average is $25.83 and its 200 day simple moving average is $24.61. The company has a debt-to-equity ratio of 0.95, a quick ratio of 1.10 and a current ratio of 1.15.

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 analysts’ consensus estimates of $0.72 by $0.07. HomeTrust Bancshares had a net margin of 18.77% and a return on equity of 11.41%. The firm had revenue of $50.17 million for the quarter, compared to analyst estimates of $48.66 million.

HomeTrust Bancshares Dividend Announcement

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

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.