HomeTrust Bancshares, Inc. (NASDAQ:HTBI) Shares Sold by Thrivent Financial for Lutherans

Thrivent Financial for Lutherans decreased its holdings in shares of HomeTrust Bancshares, Inc. (NASDAQ:HTBI) by 3.2% during the 3rd quarter, Holdings Channel.com reports. The fund owned 62,803 shares of the financial services provider’s stock after selling 2,077 shares during the period. Thrivent Financial for Lutherans’ holdings in HomeTrust Bancshares were worth $2,140,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently bought and sold shares of HTBI. AQR Capital Management LLC acquired a new stake in HomeTrust Bancshares during the second quarter worth about $201,000. Creative Planning bought a new position in shares of HomeTrust Bancshares in the third quarter valued at approximately $266,000. Quadrature Capital Ltd bought a new position in shares of HomeTrust Bancshares in the first quarter valued at approximately $323,000. SG Americas Securities LLC bought a new position in shares of HomeTrust Bancshares in the third quarter valued at approximately $326,000. Finally, Huber Capital Management LLC boosted its holdings in HomeTrust Bancshares by 9.1% during the second quarter. Huber Capital Management LLC now owns 17,742 shares of the financial services provider’s stock worth $533,000 after buying an additional 1,487 shares in the last quarter. Institutional investors and hedge funds own 60.94% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on HTBI shares. Hovde Group initiated coverage on shares of HomeTrust Bancshares in a report on Wednesday, July 31st. They set an “outperform” rating and a $42.00 target price for the company. Keefe, Bruyette & Woods restated an “outperform” rating and issued a $39.00 price target (up previously from $38.00) on shares of HomeTrust Bancshares in a research report on Tuesday, October 29th. Finally, Raymond James downgraded shares of HomeTrust Bancshares from an “outperform” rating to a “market perform” rating in a research report on Monday, October 28th.

HomeTrust Bancshares Stock Performance

Shares of HTBI opened at $37.31 on Thursday. HomeTrust Bancshares, Inc. has a 12 month low of $22.67 and a 12 month high of $38.99. The company’s fifty day moving average is $34.82 and its 200-day moving average is $32.67. The company has a quick ratio of 1.06, a current ratio of 1.11 and a debt-to-equity ratio of 0.50. The firm has a market cap of $654.04 million, a price-to-earnings ratio of 11.81 and a beta of 0.81.

HomeTrust Bancshares (NASDAQ:HTBI) last posted its earnings results on Thursday, October 24th. The financial services provider reported $0.76 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.80 by ($0.04). The firm had revenue of $74.93 million during the quarter, compared to analyst estimates of $50.13 million. HomeTrust Bancshares had a net margin of 18.53% and a return on equity of 10.41%. Equities analysts expect that HomeTrust Bancshares, Inc. will post 3.11 EPS for the current fiscal year.

HomeTrust Bancshares Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, November 27th. Investors of record on Thursday, November 14th were given a $0.12 dividend. This is a boost from HomeTrust Bancshares’s previous quarterly dividend of $0.11. This represents a $0.48 annualized dividend and a yield of 1.29%. The ex-dividend date was Thursday, November 14th. HomeTrust Bancshares’s dividend payout ratio (DPR) is 15.19%.

HomeTrust Bancshares Company Profile

HomeTrust Bancshares, Inc operates as the bank holding company for HomeTrust Bank that provides a range of retail and commercial banking products and services. The company’s deposit products include savings, money market, noninterest-bearing, and interest-bearing checking accounts, as well as certificates of deposit for individuals, business, and nonprofit organizations.