Hunter Westbrook Sells 3,904 Shares of HomeTrust Bancshares (NYSE:HTB) Stock

HomeTrust Bancshares, Inc. (NYSE:HTB) CEO Hunter Westbrook sold 3,904 shares of the stock in a transaction that occurred on Thursday, May 7th. The stock was sold at an average price of $46.17, for a total transaction of $180,247.68. Following the transaction, the chief executive officer directly owned 105,828 shares in the company, valued at approximately $4,886,078.76. This represents a 3.56% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

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

• On Tuesday, May 5th, Hunter Westbrook sold 31,022 shares of HomeTrust Bancshares stock. The stock was sold at an average price of $45.81, for a total transaction of $1,421,117.82.
• On Wednesday, May 6th, Hunter Westbrook sold 5,074 shares of HomeTrust Bancshares stock. The stock was sold at an average price of $46.00, for a total transaction of $233,404.00.
• On Friday, May 1st, Hunter Westbrook sold 20,000 shares of HomeTrust Bancshares stock. The stock was sold at an average price of $45.65, for a total transaction of $913,000.00.

HomeTrust Bancshares Stock Up 0.2%

NYSE:HTB opened at $46.10 on Friday. The company has a debt-to-equity ratio of 0.29, a quick ratio of 1.05 and a current ratio of 1.11. The stock has a market capitalization of $774.92 million, a P/E ratio of 11.91 and a beta of 0.82. HomeTrust Bancshares, Inc. has a fifty-two week low of $34.66 and a fifty-two week high of $47.64. The stock’s 50 day moving average is $43.70.

HomeTrust Bancshares Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, May 28th. Shareholders of record on Thursday, May 14th will be given a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 1.3%. This is a positive change from HomeTrust Bancshares’s previous quarterly dividend of $0.13. The ex-dividend date of this dividend is Thursday, May 14th. HomeTrust Bancshares’s dividend payout ratio is presently 13.44%.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the business. Bank of New York Mellon Corp acquired a new position in shares of HomeTrust Bancshares during the first quarter worth $2,926,000. Dimensional Fund Advisors LP acquired a new position in shares of HomeTrust Bancshares during the first quarter worth $35,667,000. Harbor Advisors LLC acquired a new position in shares of HomeTrust Bancshares during the first quarter worth $298,000. Sentinel Trust Co. LBA acquired a new position in shares of HomeTrust Bancshares during the first quarter worth $267,000. Finally, Hsbc Holdings PLC acquired a new position in shares of HomeTrust Bancshares during the fourth quarter worth $389,000. 60.94% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on HTB shares. Hovde Group lifted their price target on shares of HomeTrust Bancshares from $46.50 to $47.00 and gave the company a “market perform” rating in a research report on Friday, April 24th. Weiss Ratings started coverage on shares of HomeTrust Bancshares in a research report on Wednesday, January 14th. They set a “buy (b)” rating on the stock. Finally, Wall Street Zen raised shares of HomeTrust Bancshares from a “sell” rating to a “hold” rating in a research report on Saturday, April 4th. One analyst has rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $47.00.

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.