Jane Street Group LLC Decreases Stock Holdings in HomeTrust Bancshares, Inc. (NASDAQ:HTBI)

Jane Street Group LLC trimmed its holdings in shares of HomeTrust Bancshares, Inc. (NASDAQ:HTBI) by 7.9% in the third quarter, HoldingsChannel.com reports. The fund owned 14,461 shares of the financial services provider’s stock after selling 1,247 shares during the period. Jane Street Group LLC’s holdings in HomeTrust Bancshares were worth $493,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently modified their holdings of HTBI. BNP Paribas Financial Markets increased its position in HomeTrust Bancshares by 28.4% in the third quarter. BNP Paribas Financial Markets now owns 3,499 shares of the financial services provider’s stock worth $119,000 after buying an additional 774 shares during the last quarter. AQR Capital Management LLC purchased a new stake in HomeTrust Bancshares in the second quarter worth $201,000. Princeton Capital Management LLC purchased a new stake in HomeTrust Bancshares in the third quarter worth $222,000. Creative Planning purchased a new stake in HomeTrust Bancshares in the third quarter worth $266,000. Finally, SG Americas Securities LLC purchased a new stake in HomeTrust Bancshares in the third quarter worth $326,000. 60.94% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of research firms have issued reports on HTBI. Raymond James downgraded HomeTrust Bancshares from an “outperform” rating to a “market perform” rating in a research report on Monday, October 28th. Keefe, Bruyette & Woods raised their target price on HomeTrust Bancshares from $39.00 to $43.00 and gave the stock an “outperform” rating in a research report on Wednesday, December 4th.

HomeTrust Bancshares Price Performance

Shares of NASDAQ HTBI opened at $33.58 on Monday. The stock has a market cap of $588.66 million, a PE ratio of 10.63 and a beta of 0.86. HomeTrust Bancshares, Inc. has a fifty-two week low of $23.55 and a fifty-two week high of $38.99. The company has a debt-to-equity ratio of 0.50, a quick ratio of 1.06 and a current ratio of 1.11. The stock has a fifty day moving average of $35.76 and a 200-day moving average of $34.08.

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

HomeTrust Bancshares Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, November 27th. Stockholders of record on Thursday, November 14th were given a $0.12 dividend. The ex-dividend date was Thursday, November 14th. This is a boost from HomeTrust Bancshares’s previous quarterly dividend of $0.11. This represents a $0.48 annualized dividend and a dividend yield of 1.43%. HomeTrust Bancshares’s payout ratio is 15.19%.

About HomeTrust Bancshares

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.