Alliancebernstein L.P. grew its holdings in HomeTrust Bancshares, Inc. (NASDAQ:HTBI – Free Report) by 18.9% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 133,195 shares of the financial services provider’s stock after purchasing an additional 21,183 shares during the quarter. Alliancebernstein L.P. owned approximately 0.76% of HomeTrust Bancshares worth $4,486,000 at the end of the most recent reporting period.
Several other hedge funds have also recently modified their holdings of HTBI. Wellington Management Group LLP raised its stake in HomeTrust Bancshares by 3.8% in the fourth quarter. Wellington Management Group LLP now owns 372,727 shares of the financial services provider’s stock worth $12,553,000 after buying an additional 13,589 shares in the last quarter. JPMorgan Chase & Co. raised its position in shares of HomeTrust Bancshares by 14.4% in the 4th quarter. JPMorgan Chase & Co. now owns 109,278 shares of the financial services provider’s stock worth $3,680,000 after acquiring an additional 13,719 shares in the last quarter. American Century Companies Inc. lifted its stake in shares of HomeTrust Bancshares by 13.3% during the 4th quarter. American Century Companies Inc. now owns 329,246 shares of the financial services provider’s stock worth $11,089,000 after purchasing an additional 38,647 shares during the last quarter. Rhumbline Advisers boosted its position in HomeTrust Bancshares by 1.2% during the fourth quarter. Rhumbline Advisers now owns 22,883 shares of the financial services provider’s stock valued at $771,000 after purchasing an additional 272 shares in the last quarter. Finally, Polaris Capital Management LLC purchased a new position in HomeTrust Bancshares in the fourth quarter valued at about $4,069,000. Hedge funds and other institutional investors own 60.94% of the company’s stock.
Analyst Upgrades and Downgrades
Separately, StockNews.com started coverage on shares of HomeTrust Bancshares in a report on Monday. They issued a “hold” rating on the stock.
HomeTrust Bancshares Stock Down 1.8 %
Shares of HTBI stock opened at $36.53 on Monday. The stock’s fifty day moving average price is $36.74 and its 200 day moving average price is $35.61. HomeTrust Bancshares, Inc. has a 1-year low of $23.79 and a 1-year high of $38.99. The company has a market cap of $640.28 million, a price-to-earnings ratio of 11.41 and a beta of 0.86. The company has a debt-to-equity ratio of 0.50, a current ratio of 1.11 and a quick ratio of 1.06.
HomeTrust Bancshares (NASDAQ:HTBI – Get Free Report) last issued its quarterly earnings results on Thursday, January 23rd. The financial services provider reported $0.83 earnings per share for the quarter, topping analysts’ consensus estimates of $0.75 by $0.08. HomeTrust Bancshares had a return on equity of 10.43% and a net margin of 18.57%. On average, research analysts expect that HomeTrust Bancshares, Inc. will post 3.02 earnings per share for the current fiscal year.
HomeTrust Bancshares Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Thursday, February 27th. Shareholders of record on Thursday, February 13th were paid a dividend of $0.12 per share. The ex-dividend date of this dividend was Thursday, February 13th. This represents a $0.48 dividend on an annualized basis and a yield of 1.31%. HomeTrust Bancshares’s payout ratio is 15.00%.
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.
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