Empowered Funds LLC Buys Shares of 82,151 HomeTrust Bancshares, Inc. $HTB

Empowered Funds LLC purchased a new stake in shares of HomeTrust Bancshares, Inc. (NYSE:HTB) during the second quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 82,151 shares of the company’s stock, valued at approximately $4,099,000.

Other large investors have also recently made changes to their positions in the company. Global Retirement Partners LLC purchased a new position in shares of HomeTrust Bancshares during the second quarter valued at approximately $28,000. California State Teachers Retirement System bought a new stake in shares of HomeTrust Bancshares in the first quarter worth $37,000. CrossGen Wealth LLC bought a new stake in shares of HomeTrust Bancshares in the first quarter worth $91,000. Sterling Capital Management LLC purchased a new stake in HomeTrust Bancshares during the first quarter valued at $105,000. Finally, Quantbot Technologies LP purchased a new stake in HomeTrust Bancshares during the second quarter valued at $148,000. 60.94% of the stock is currently owned by institutional investors.

Insider Transactions at HomeTrust Bancshares

In other HomeTrust Bancshares news, Director Laura C. Kendall sold 10,000 shares of the company’s stock in a transaction dated Thursday, July 30th. The stock was sold at an average price of $51.13, for a total value of $511,300.00. Following the completion of the sale, the director owned 24,229 shares in the company, valued at $1,238,828.77. This represents a 29.21% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Corporate insiders own 11.02% of the company’s stock.

HomeTrust Bancshares Trading Down 1.1%

Shares of HomeTrust Bancshares stock opened at $46.40 on Tuesday. HomeTrust Bancshares, Inc. has a 1-year low of $38.30 and a 1-year high of $52.50. The company’s fifty day simple moving average is $49.01 and its 200-day simple moving average is $46.27. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.11 and a quick ratio of 1.08. The stock has a market capitalization of $774.42 million, a PE ratio of 12.18 and a beta of 0.81.

HomeTrust Bancshares (NYSE:HTB) last posted its quarterly earnings data on Thursday, July 23rd. The company reported $0.94 EPS for the quarter, topping the consensus estimate of $0.89 by $0.05. HomeTrust Bancshares had a return on equity of 10.88% and a net margin of 22.50%.The firm had revenue of $54.54 million during the quarter, compared to analyst estimates of $53.22 million. As a group, equities analysts anticipate that HomeTrust Bancshares, Inc. will post 3.7 earnings per share for the current year.

HomeTrust Bancshares Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, August 27th. Shareholders of record on Thursday, August 13th were issued a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 1.3%. The ex-dividend date of this dividend was Thursday, August 13th. HomeTrust Bancshares’s payout ratio is currently 15.75%.

Analysts Set New Price Targets

A number of research firms have weighed in on HTB. Zacks Research downgraded HomeTrust Bancshares from a “strong-buy” rating to a “hold” rating in a report on Wednesday, August 26th. Stephens boosted their price target on HomeTrust Bancshares from $55.00 to $57.00 and gave the company an “overweight” rating in a research note on Friday, August 21st. Keefe, Bruyette & Woods reaffirmed an “outperform” rating on shares of HomeTrust Bancshares in a research report on Wednesday, August 19th. Finally, 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. One research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $52.00.

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.