Hunter Westbrook Sells 5,074 Shares of HomeTrust Bancshares (NYSE:HTB) Stock

HomeTrust Bancshares, Inc. (NYSE:HTB) CEO Hunter Westbrook sold 5,074 shares of the business’s stock in a transaction that occurred on Wednesday, May 6th. The shares were sold at an average price of $46.00, for a total value of $233,404.00. Following the sale, the chief executive officer owned 105,828 shares in the company, valued at approximately $4,868,088. This represents a 4.58% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this link.

Hunter Westbrook also recently made the following trade(s):

• On Thursday, May 7th, Hunter Westbrook sold 3,904 shares of HomeTrust Bancshares stock. The shares were sold at an average price of $46.17, for a total value of $180,247.68.
• On Tuesday, May 5th, Hunter Westbrook sold 31,022 shares of HomeTrust Bancshares stock. The shares were sold at an average price of $45.81, for a total value of $1,421,117.82.
• On Friday, May 1st, Hunter Westbrook sold 20,000 shares of HomeTrust Bancshares stock. The shares were sold at an average price of $45.65, for a total value of $913,000.00.

HomeTrust Bancshares Trading Up 0.2%

HTB opened at $46.10 on Friday. The company has a market capitalization of $775.29 million, a PE ratio of 11.91 and a beta of 0.82. The company has a current ratio of 1.11, a quick ratio of 1.05 and a debt-to-equity ratio of 0.29. HomeTrust Bancshares, Inc. has a 1 year low of $34.66 and a 1 year high of $47.64. The company’s 50 day moving average price is $43.70.

HomeTrust Bancshares Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, May 28th. Stockholders of record on Thursday, May 14th will be given a dividend of $0.15 per share. This is a boost from HomeTrust Bancshares’s previous quarterly dividend of $0.13. This represents a $0.60 dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date is Thursday, May 14th. HomeTrust Bancshares’s dividend payout ratio (DPR) is presently 15.50%.

Institutional Trading of HomeTrust Bancshares

Large investors have recently bought and sold shares of the stock. CrossGen Wealth LLC bought a new stake in HomeTrust Bancshares in the first quarter valued at $91,000. Sterling Capital Management LLC bought a new stake in HomeTrust Bancshares in the first quarter valued at $105,000. Sentinel Trust Co. LBA bought a new stake in HomeTrust Bancshares in the first quarter valued at $267,000. AMG National Trust Bank bought a new stake in HomeTrust Bancshares in the first quarter valued at $288,000. Finally, Harbor Advisors LLC bought a new stake in HomeTrust Bancshares in the first quarter valued at $298,000. 60.94% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of research firms have recently issued reports on HTB. Weiss Ratings began coverage on HomeTrust Bancshares in a research report on Wednesday, January 14th. They set a “buy (b)” rating on the stock. Hovde Group boosted their price objective on HomeTrust Bancshares from $46.50 to $47.00 and gave the company a “market perform” rating in a research report on Friday, April 24th. Finally, Wall Street Zen upgraded HomeTrust Bancshares from a “sell” rating to a “hold” rating in a research report on Saturday, April 4th. One equities research analyst has rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat.com, HomeTrust Bancshares currently has an average rating of “Moderate Buy” and an average target price of $47.00.

About HomeTrust Bancshares

HomeTrust Bancshares, Inc is the bank holding company for HomeTrust Bank, a regional community bank that provides a range of commercial and consumer banking services. Through its subsidiary bank, the company offers traditional deposit and lending products, including checking and savings accounts, certificates of deposit, residential mortgages, home equity lending, and business loans. HomeTrust also delivers treasury management and payment services for small and midsize businesses, along with digital banking tools to support day-to-day account access and payments.

The company’s product set extends beyond core banking to include wealth management and trust services, commercial real estate financing, and specialized lending for agriculture and construction where relevant to local markets.