50,047 Shares in HomeTrust Bancshares, Inc. $HTB Bought by Rosenthal Henry Capital Advisors Inc.

Rosenthal Henry Capital Advisors Inc. acquired a new position in shares of HomeTrust Bancshares, Inc. (NYSE:HTB) during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 50,047 shares of the company’s stock, valued at approximately $2,135,000. HomeTrust Bancshares makes up approximately 2.1% of Rosenthal Henry Capital Advisors Inc.’s holdings, making the stock its 21st largest position. Rosenthal Henry Capital Advisors Inc. owned approximately 0.30% of HomeTrust Bancshares at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in HTB. CrossGen Wealth LLC bought a new position in HomeTrust Bancshares in the first quarter valued at approximately $91,000. Sterling Capital Management LLC bought a new position in shares of HomeTrust Bancshares in the 1st quarter valued at $105,000. Hsbc Holdings PLC acquired a new position in shares of HomeTrust Bancshares during the 4th quarter worth $389,000. Finally, Flywheel Private Wealth LLC acquired a new stake in HomeTrust Bancshares in the first quarter valued at about $938,000. 60.94% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at HomeTrust Bancshares

In related news, EVP Kristin Y. Powell sold 1,000 shares of the firm’s stock in a transaction on Wednesday, May 27th. The stock was sold at an average price of $46.78, for a total transaction of $46,780.00. Following the completion of the transaction, the executive vice president directly owned 21,595 shares of the company’s stock, valued at $1,010,214.10. This trade represents a 4.43% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Hunter Westbrook sold 31,022 shares of HomeTrust Bancshares stock in a transaction dated Tuesday, May 5th. The stock was sold at an average price of $45.81, for a total value of $1,421,117.82. Following the transaction, the chief executive officer directly owned 105,828 shares in the company, valued at $4,847,980.68. The trade was a 22.67% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 61,000 shares of company stock valued at $2,794,550 in the last ninety days. Insiders own 11.02% of the company’s stock.

HomeTrust Bancshares Price Performance

HomeTrust Bancshares stock opened at $50.72 on Thursday. The firm has a 50 day moving average price of $46.91. The firm has a market capitalization of $852.57 million, a P/E ratio of 13.11 and a beta of 0.80. HomeTrust Bancshares, Inc. has a 1 year low of $37.30 and a 1 year high of $50.89. The company has a debt-to-equity ratio of 0.17, a current ratio of 1.08 and a quick ratio of 1.05.

HomeTrust Bancshares Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, May 28th. Shareholders of record on Thursday, May 14th were given a $0.15 dividend. This is an increase from HomeTrust Bancshares’s previous quarterly dividend of $0.13. The ex-dividend date was Thursday, May 14th. This represents a $0.60 annualized dividend and a yield of 1.2%. HomeTrust Bancshares’s dividend payout ratio is currently 15.50%.

Analysts Set New Price Targets

A number of research analysts have recently commented on the stock. Wall Street Zen raised shares of HomeTrust Bancshares from a “sell” rating to a “hold” rating in a report on Saturday, April 4th. Hovde Group increased their price objective on shares of HomeTrust Bancshares from $46.50 to $47.00 and gave the company a “market perform” rating in a research note on Friday, April 24th. One research analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $47.00.

HomeTrust Bancshares Company Profile

HomeTrust Bancshares, Inc is the bank holding company for HomeTrust Bank, a regional community bank that provides a range of commercial and consumer banking services. Through its subsidiary bank, the company offers traditional deposit and lending products, including checking and savings accounts, certificates of deposit, residential mortgages, home equity lending, and business loans. HomeTrust also delivers treasury management and payment services for small and midsize businesses, along with digital banking tools to support day-to-day account access and payments.

The company’s product set extends beyond core banking to include wealth management and trust services, commercial real estate financing, and specialized lending for agriculture and construction where relevant to local markets.