Vanguard Group Inc. Cuts Stake in HomeTrust Bancshares, Inc. (NASDAQ:HTBI)

Vanguard Group Inc. trimmed its stake in HomeTrust Bancshares, Inc. (NASDAQ:HTBI) by 7.4% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 742,964 shares of the financial services provider’s stock after selling 59,089 shares during the quarter. Vanguard Group Inc. owned about 4.24% of HomeTrust Bancshares worth $25,023,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. BNP Paribas Financial Markets increased its position in HomeTrust Bancshares by 28.4% during the 3rd quarter. BNP Paribas Financial Markets now owns 3,499 shares of the financial services provider’s stock worth $119,000 after purchasing an additional 774 shares in the last quarter. State Street Corp increased its position in shares of HomeTrust Bancshares by 0.4% in the third quarter. State Street Corp now owns 365,453 shares of the financial services provider’s stock worth $12,455,000 after acquiring an additional 1,428 shares in the last quarter. XTX Topco Ltd purchased a new position in shares of HomeTrust Bancshares in the 3rd quarter valued at $257,000. Barclays PLC lifted its holdings in shares of HomeTrust Bancshares by 32.9% during the 3rd quarter. Barclays PLC now owns 58,609 shares of the financial services provider’s stock valued at $1,997,000 after acquiring an additional 14,524 shares in the last quarter. Finally, Franklin Resources Inc. boosted its position in HomeTrust Bancshares by 8.8% during the 3rd quarter. Franklin Resources Inc. now owns 15,871 shares of the financial services provider’s stock worth $542,000 after purchasing an additional 1,281 shares during the period. Institutional investors and hedge funds own 60.94% of the company’s stock.

HomeTrust Bancshares Trading Down 1.8 %

Shares of HTBI stock opened at $36.53 on Wednesday. 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 stock has a 50-day simple moving average of $36.69 and a 200 day simple moving average of $35.63. HomeTrust Bancshares, Inc. has a fifty-two week low of $23.79 and a fifty-two week high of $38.99. The stock has a market capitalization of $640.28 million, a P/E ratio of 11.41 and a beta of 0.86.

HomeTrust Bancshares (NASDAQ:HTBI) last posted its quarterly earnings data on Thursday, January 23rd. The financial services provider reported $0.83 earnings per share (EPS) for the quarter, topping the consensus estimate 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, sell-side analysts expect that HomeTrust Bancshares, Inc. will post 3.02 earnings per share for the current fiscal year.

HomeTrust Bancshares Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, February 27th. Stockholders of record on Thursday, February 13th were issued a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a dividend yield of 1.31%. The ex-dividend date was Thursday, February 13th. HomeTrust Bancshares’s dividend payout ratio is currently 15.00%.

Wall Street Analyst Weigh In

Separately, StockNews.com assumed coverage on HomeTrust Bancshares in a research report on Monday. They set a “hold” rating on the stock.

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.