Charles Schwab Investment Management Inc. Has $5.44 Million Holdings in HomeTrust Bancshares, Inc. (NASDAQ:HTBI)

Charles Schwab Investment Management Inc. boosted its position in HomeTrust Bancshares, Inc. (NASDAQ:HTBI) by 84.3% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 159,663 shares of the financial services provider’s stock after buying an additional 73,013 shares during the quarter. Charles Schwab Investment Management Inc. owned approximately 0.91% of HomeTrust Bancshares worth $5,441,000 as of its most recent filing with the SEC.

Several other institutional investors have also recently bought and sold shares of the company. AQR Capital Management LLC acquired a new position in shares of HomeTrust Bancshares during the 2nd quarter worth about $201,000. Princeton Capital Management LLC acquired a new position in HomeTrust Bancshares during the third quarter valued at approximately $222,000. Creative Planning bought a new position in HomeTrust Bancshares in the third quarter valued at 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 increased its position in shares of HomeTrust Bancshares by 9.1% during the 2nd quarter. Huber Capital Management LLC now owns 17,742 shares of the financial services provider’s stock worth $533,000 after purchasing an additional 1,487 shares during the last quarter. Institutional investors own 60.94% of the company’s stock.

HomeTrust Bancshares Stock Down 1.5 %

HTBI stock opened at $37.11 on Friday. HomeTrust Bancshares, Inc. has a 52 week low of $23.55 and a 52 week high of $38.99. The business has a 50-day simple moving average of $35.47 and a 200 day simple moving average of $33.30. The company has a quick ratio of 1.06, a current ratio of 1.11 and a debt-to-equity ratio of 0.50. The company has a market cap of $650.54 million, a PE ratio of 11.74 and a beta of 0.84.

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). The firm had revenue of $74.93 million for the quarter, compared to the consensus estimate of $50.13 million. HomeTrust Bancshares had a return on equity of 10.41% and a net margin of 18.53%. Sell-side analysts anticipate that HomeTrust Bancshares, Inc. will post 3.11 EPS for the current fiscal year.

HomeTrust Bancshares Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, November 27th. Stockholders of record on Thursday, November 14th were issued a dividend of $0.12 per share. The ex-dividend date was Thursday, November 14th. This is an increase from HomeTrust Bancshares’s previous quarterly dividend of $0.11. This represents a $0.48 annualized dividend and a dividend yield of 1.29%. HomeTrust Bancshares’s dividend payout ratio is 15.19%.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on HTBI. Keefe, Bruyette & Woods raised their target price on shares of HomeTrust Bancshares from $39.00 to $43.00 and gave the company an “outperform” rating in a research note on Wednesday, December 4th. Raymond James lowered HomeTrust Bancshares from an “outperform” rating to a “market perform” rating in a report on Monday, October 28th.

HomeTrust Bancshares Company 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.