EJF Capital LLC grew its holdings in shares of HomeTrust Bancshares, Inc. (NASDAQ:HTBI – Get Rating) by 36.6% in the 1st quarter, Holdings Channel.com reports. The fund owned 141,240 shares of the financial services provider's stock after purchasing an additional 37,817 shares during the period. EJF Capital LLC's holdings in HomeTrust Bancshares were worth $4,171,000 at the end of the most recent quarter.
Several other large investors have also recently modified their holdings of HTBI. Dorsey Wright & Associates bought a new position in shares of HomeTrust Bancshares during the first quarter valued at $43,000. Federated Hermes Inc. raised its stake in shares of HomeTrust Bancshares by 128.4% during the first quarter. Federated Hermes Inc. now owns 2,346 shares of the financial services provider's stock valued at $69,000 after acquiring an additional 1,319 shares during the last quarter. BNP Paribas Arbitrage SA raised its stake in shares of HomeTrust Bancshares by 85.4% during the fourth quarter. BNP Paribas Arbitrage SA now owns 6,920 shares of the financial services provider's stock valued at $214,000 after acquiring an additional 3,187 shares during the last quarter. Harbor Advisors LLC bought a new position in shares of HomeTrust Bancshares during the fourth quarter valued at $217,000. Finally, First Trust Advisors LP raised its stake in shares of HomeTrust Bancshares by 5.4% during the fourth quarter. First Trust Advisors LP now owns 7,572 shares of the financial services provider's stock valued at $235,000 after acquiring an additional 386 shares during the last quarter. Institutional investors own 59.30% of the company's stock.
Get HomeTrust Bancshares alerts:Wall Street Analysts Forecast Growth
A number of equities analysts recently weighed in on the stock. Compass Point downgraded shares of HomeTrust Bancshares from a "buy" rating to a "neutral" rating and set a $25.00 target price for the company. in a research note on Tuesday, July 26th. Raymond James assumed coverage on shares of HomeTrust Bancshares in a research note on Thursday, September 1st. They set an "outperform" rating and a $30.00 target price for the company. Piper Sandler lowered their target price on shares of HomeTrust Bancshares to $27.00 in a research note on Monday, July 4th. Finally, StockNews.com downgraded shares of HomeTrust Bancshares from a "buy" rating to a "hold" rating in a research note on Friday, May 27th. Three research analysts have rated the stock with a hold rating and one has given a buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of "Hold" and a consensus target price of $27.33.
HomeTrust Bancshares Stock Up 0.7 %
Shares of NASDAQ HTBI traded up $0.16 during mid-day trading on Wednesday, reaching $22.68. 485 shares of the company's stock traded hands, compared to its average volume of 51,887. The stock has a market cap of $356.55 million, a P/E ratio of 10.10 and a beta of 0.60. The business has a 50-day simple moving average of $24.32 and a 200 day simple moving average of $26.60. HomeTrust Bancshares, Inc. has a 1-year low of $22.30 and a 1-year high of $32.60. The company has a debt-to-equity ratio of 0.08, a current ratio of 1.03 and a quick ratio of 1.00.HomeTrust Bancshares (NASDAQ:HTBI – Get Rating) last released its quarterly earnings results on Wednesday, July 27th. The financial services provider reported $0.39 earnings per share for the quarter, missing the consensus estimate of $0.56 by ($0.17). HomeTrust Bancshares had a return on equity of 8.96% and a net margin of 22.96%. The firm had revenue of $38.58 million for the quarter, compared to analysts' expectations of $37.56 million. On average, analysts expect that HomeTrust Bancshares, Inc. will post 2.39 EPS for the current fiscal year.
HomeTrust Bancshares Dividend Announcement
The company also recently declared a quarterly dividend, which was paid on Thursday, September 1st. Investors of record on Thursday, August 18th were issued a dividend of $0.09 per share. This represents a $0.36 annualized dividend and a yield of 1.59%. The ex-dividend date was Wednesday, August 17th. HomeTrust Bancshares's dividend payout ratio (DPR) is presently 16.14%.
HomeTrust Bancshares Company Profile
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HomeTrust Bancshares, Inc operates as the bank holding company for HomeTrust Bank that provides a range of retail and commercial banking products and services. Its deposit products include savings, money market, and demand accounts, as well as certificates of deposit for individuals, businesses, and nonprofit organizations.
Further Reading
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