XTX Topco Ltd acquired a new position in HomeTrust Bancshares, Inc. (NASDAQ:HTBI – Free Report) during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 7,552 shares of the financial services provider’s stock, valued at approximately $257,000.
Several other institutional investors have also recently made changes to their positions in the business. Wellington Management Group LLP grew its position in HomeTrust Bancshares by 44.3% during the 3rd quarter. Wellington Management Group LLP now owns 359,138 shares of the financial services provider’s stock worth $12,239,000 after purchasing an additional 110,180 shares during the period. Charles Schwab Investment Management Inc. boosted its stake in shares of HomeTrust Bancshares by 84.3% in the third quarter. Charles Schwab Investment Management Inc. now owns 159,663 shares of the financial services provider’s stock worth $5,441,000 after buying an additional 73,013 shares during the last quarter. American Century Companies Inc. grew its holdings 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. Dimensional Fund Advisors LP raised its position in HomeTrust Bancshares by 4.8% during the second quarter. Dimensional Fund Advisors LP now owns 673,365 shares of the financial services provider’s stock valued at $20,220,000 after acquiring an additional 30,891 shares in the last quarter. Finally, Rosenthal Henry Capital Advisors Inc. acquired a new position in HomeTrust Bancshares in the third quarter valued at approximately $911,000. Hedge funds and other institutional investors own 60.94% of the company’s stock.
HomeTrust Bancshares Stock Down 5.4 %
HomeTrust Bancshares stock opened at $34.37 on Thursday. The company has a debt-to-equity ratio of 0.50, a current ratio of 1.11 and a quick ratio of 1.06. The stock has a market capitalization of $602.51 million, a PE ratio of 10.88 and a beta of 0.84. The business has a 50 day simple moving average of $35.76 and a 200-day simple moving average of $33.57. HomeTrust Bancshares, Inc. has a 12 month low of $23.55 and a 12 month high of $38.99.
HomeTrust Bancshares Increases Dividend
The business also recently declared a quarterly dividend, which was paid on Wednesday, November 27th. Investors of record on Thursday, November 14th were paid a $0.12 dividend. The ex-dividend date of this dividend was Thursday, November 14th. This is a positive change from HomeTrust Bancshares’s previous quarterly dividend of $0.11. This represents a $0.48 dividend on an annualized basis and a yield of 1.40%. HomeTrust Bancshares’s dividend payout ratio (DPR) is currently 15.19%.
Analyst Upgrades and Downgrades
A number of equities research analysts have recently commented on HTBI shares. Keefe, Bruyette & Woods raised their price objective on shares of HomeTrust Bancshares from $39.00 to $43.00 and gave the stock an “outperform” rating in a research note on Wednesday, December 4th. Raymond James lowered shares of HomeTrust Bancshares from an “outperform” rating to a “market perform” rating in a research report on Monday, October 28th.
Read Our Latest Report on HTBI
HomeTrust Bancshares 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.
Read More
- Five stocks we like better than HomeTrust Bancshares
- Stock Market Upgrades: What Are They?
- Novo Nordisk: A New Boost for GLP-1 Sales on the Horizon
- Stock Market Holidays 2022-2025 – Here’s When the NYSE and NASDAQ Will be Closed
- Why Now Is the Ultimate Time to Invest in Oil Stocks
- The How and Why of Investing in Gold Stocks
- Q4’s Most Upgraded Stocks: Promising Buys for 2025
Want to see what other hedge funds are holding HTBI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for HomeTrust Bancshares, Inc. (NASDAQ:HTBI – Free Report).
Receive News & Ratings for HomeTrust Bancshares Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for HomeTrust Bancshares and related companies with MarketBeat.com's FREE daily email newsletter.