SG Americas Securities LLC Makes New $326,000 Investment in HomeTrust Bancshares, Inc. (NASDAQ:HTBI)

SG Americas Securities LLC acquired a new position in shares of HomeTrust Bancshares, Inc. (NASDAQ:HTBI) in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 9,561 shares of the financial services provider’s stock, valued at approximately $326,000. SG Americas Securities LLC owned 0.05% of HomeTrust Bancshares as of its most recent filing with the Securities & Exchange Commission.

Other large investors also recently added to or reduced their stakes in the company. American Century Companies Inc. raised its position in HomeTrust Bancshares by 20.1% during the second quarter. American Century Companies Inc. now owns 239,722 shares of the financial services provider’s stock worth $7,199,000 after acquiring an additional 40,201 shares during the period. Sierra Summit Advisors LLC purchased a new stake in shares of HomeTrust Bancshares during the second quarter worth $711,000. Vanguard Group Inc. grew its holdings in shares of HomeTrust Bancshares by 0.6% during the first quarter. Vanguard Group Inc. now owns 867,557 shares of the financial services provider’s stock worth $23,719,000 after buying an additional 5,364 shares in the last quarter. Bank of New York Mellon Corp grew its holdings in shares of HomeTrust Bancshares by 11.1% during the second quarter. Bank of New York Mellon Corp now owns 67,363 shares of the financial services provider’s stock worth $2,023,000 after buying an additional 6,723 shares in the last quarter. Finally, Salzhauer Michael grew its holdings in shares of HomeTrust Bancshares by 9.8% during the second quarter. Salzhauer Michael now owns 25,374 shares of the financial services provider’s stock worth $762,000 after buying an additional 2,260 shares in the last quarter. 60.94% of the stock is currently owned by institutional investors and hedge funds.

HomeTrust Bancshares Trading Down 1.2 %

Shares of HTBI opened at $34.35 on Friday. The company has a current ratio of 1.14, a quick ratio of 1.08 and a debt-to-equity ratio of 0.72. HomeTrust Bancshares, Inc. has a 12-month low of $19.37 and a 12-month high of $36.79. The firm has a 50-day moving average price of $34.31 and a 200 day moving average price of $30.73. The firm has a market capitalization of $599.24 million, a P/E ratio of 9.96 and a beta of 0.81.

HomeTrust Bancshares (NASDAQ:HTBI) last announced its quarterly earnings data on Wednesday, July 24th. The financial services provider reported $0.73 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.73. HomeTrust Bancshares had a net margin of 19.42% and a return on equity of 11.04%. The firm had revenue of $73.53 million during the quarter, compared to analyst estimates of $48.06 million. Sell-side analysts forecast that HomeTrust Bancshares, Inc. will post 3.18 EPS for the current year.

HomeTrust Bancshares Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, August 29th. Shareholders of record on Thursday, August 15th were given a $0.11 dividend. The ex-dividend date of this dividend was Thursday, August 15th. This represents a $0.44 dividend on an annualized basis and a yield of 1.28%. HomeTrust Bancshares’s payout ratio is currently 12.75%.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on the stock. Keefe, Bruyette & Woods upped their target price on shares of HomeTrust Bancshares from $32.00 to $38.00 and gave the stock an “outperform” rating in a report on Monday, July 29th. StockNews.com raised shares of HomeTrust Bancshares from a “hold” rating to a “buy” rating in a report on Thursday, July 25th. Finally, Hovde Group assumed 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. Five analysts have rated the stock with a buy rating, According to MarketBeat.com, HomeTrust Bancshares has an average rating of “Buy” and a consensus target price of $34.50.

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.