Round Hill Asset Management Sells 1,224 Shares of HomeTrust Bancshares, Inc. (NASDAQ:HTBI)

Round Hill Asset Management reduced its position in shares of HomeTrust Bancshares, Inc. (NASDAQ:HTBI) by 4.5% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 26,066 shares of the financial services provider’s stock after selling 1,224 shares during the quarter. Round Hill Asset Management’s holdings in HomeTrust Bancshares were worth $878,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in the company. BNP Paribas Financial Markets lifted its holdings in HomeTrust Bancshares by 28.4% in the 3rd 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 period. Dynamic Technology Lab Private Ltd bought a new position in shares of HomeTrust Bancshares during the fourth quarter valued at approximately $233,000. XTX Topco Ltd purchased a new stake in HomeTrust Bancshares in the third quarter worth $257,000. Wells Fargo & Company MN boosted its holdings in HomeTrust Bancshares by 25.2% in the fourth quarter. Wells Fargo & Company MN now owns 9,350 shares of the financial services provider’s stock valued at $315,000 after acquiring an additional 1,884 shares in the last quarter. Finally, Franklin Resources Inc. increased its position in HomeTrust Bancshares by 8.8% during the 3rd quarter. Franklin Resources Inc. now owns 15,871 shares of the financial services provider’s stock valued at $542,000 after purchasing an additional 1,281 shares during the period. Hedge funds and other institutional investors own 60.94% of the company’s stock.

Analysts Set New Price Targets

Separately, StockNews.com began coverage on shares of HomeTrust Bancshares in a research report on Sunday. They issued a “hold” rating for the company.

HomeTrust Bancshares Stock Down 1.8 %

Shares of NASDAQ:HTBI opened at $36.53 on Monday. The firm has a market capitalization of $640.28 million, a P/E ratio of 11.41 and a beta of 0.86. 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 50 day moving average price of $36.82 and a 200-day moving average price of $35.53. HomeTrust Bancshares, Inc. has a 52-week low of $23.55 and a 52-week high of $38.99.

HomeTrust Bancshares (NASDAQ:HTBI) last issued its quarterly earnings results on Thursday, January 23rd. The financial services provider reported $0.83 earnings per share for the quarter, topping the consensus estimate of $0.75 by $0.08. HomeTrust Bancshares had a return on equity of 10.43% and a net margin of 18.57%. As a group, equities research analysts anticipate that HomeTrust Bancshares, Inc. will post 3.02 EPS for the current fiscal year.

HomeTrust Bancshares Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, February 27th. Investors of record on Thursday, February 13th were paid a $0.12 dividend. The ex-dividend date of this dividend was Thursday, February 13th. This represents a $0.48 annualized dividend and a dividend yield of 1.31%. HomeTrust Bancshares’s payout ratio is 15.00%.

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.