42,705 Shares in HomeTrust Bancshares, Inc. $HTB Bought by First Trust Advisors LP

First Trust Advisors LP acquired a new stake in shares of HomeTrust Bancshares, Inc. (NYSE:HTB) during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 42,705 shares of the company’s stock, valued at approximately $1,821,000. First Trust Advisors LP owned approximately 0.25% of HomeTrust Bancshares at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in HTB. Harbor Advisors LLC purchased a new stake in shares of HomeTrust Bancshares during the first quarter valued at about $298,000. Dimensional Fund Advisors LP purchased a new position in shares of HomeTrust Bancshares in the 1st quarter worth approximately $35,667,000. Sentinel Trust Co. LBA purchased a new position in shares of HomeTrust Bancshares in the 1st quarter worth approximately $267,000. Bank of New York Mellon Corp bought a new position in shares of HomeTrust Bancshares during the 1st quarter worth approximately $2,926,000. Finally, AMG National Trust Bank bought a new position in shares of HomeTrust Bancshares during the 1st quarter worth approximately $288,000. Hedge funds and other institutional investors own 60.94% of the company’s stock.

HomeTrust Bancshares Price Performance

Shares of HTB stock opened at $50.78 on Friday. HomeTrust Bancshares, Inc. has a fifty-two week low of $37.35 and a fifty-two week high of $52.50. The firm has a market capitalization of $853.56 million, a price-to-earnings ratio of 13.33 and a beta of 0.81. The company has a debt-to-equity ratio of 0.17, a quick ratio of 1.05 and a current ratio of 1.08. The stock’s 50-day simple moving average is $48.90 and its 200-day simple moving average is $45.79.

HomeTrust Bancshares (NYSE:HTB) last announced its quarterly earnings data on Thursday, July 23rd. The company reported $0.94 EPS for the quarter, beating the consensus estimate of $0.89 by $0.05. The firm had revenue of $54.54 million during the quarter, compared to analyst estimates of $53.22 million. HomeTrust Bancshares had a net margin of 22.50% and a return on equity of 10.90%. As a group, equities analysts forecast that HomeTrust Bancshares, Inc. will post 3.87 earnings per share for the current fiscal year.

HomeTrust Bancshares Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, August 27th. Shareholders of record on Thursday, August 13th will be paid a dividend of $0.15 per share. The ex-dividend date is Thursday, August 13th. This represents a $0.60 dividend on an annualized basis and a yield of 1.2%. HomeTrust Bancshares’s dividend payout ratio is presently 15.75%.

Analyst Upgrades and Downgrades

Several brokerages have weighed in on HTB. Weiss Ratings upgraded shares of HomeTrust Bancshares from a “buy (b+)” rating to a “buy (a-)” rating in a research note on Thursday, July 23rd. Hovde Group upped their price target on HomeTrust Bancshares from $46.50 to $47.00 and gave the stock a “market perform” rating in a research report on Friday, April 24th. Finally, Zacks Research upgraded HomeTrust Bancshares from a “hold” rating to a “strong-buy” rating in a report on Tuesday, July 28th. Two research analysts have rated the stock with a Strong Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Buy” and a consensus target price of $47.00.

Insiders Place Their Bets

In other news, Director Laura C. Kendall sold 10,000 shares of HomeTrust Bancshares stock in a transaction on Thursday, July 30th. The shares were sold at an average price of $51.13, for a total transaction of $511,300.00. Following the completion of the sale, the director directly owned 24,229 shares in the company, valued at approximately $1,238,828.77. The trade was a 29.21% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, EVP Kristin Y. Powell sold 1,000 shares of the business’s stock in a transaction on Wednesday, May 27th. The shares were sold at an average price of $46.78, for a total transaction of $46,780.00. Following the sale, the executive vice president directly owned 21,595 shares in the company, valued at $1,010,214.10. This trade represents a 4.43% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Company insiders own 11.02% of the company’s stock.

HomeTrust Bancshares Company Profile

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.