HomeTrust Bancshares, Inc. (HTBI) Shares Bought by Nationwide Fund Advisors
Nationwide Fund Advisors increased its stake in shares of HomeTrust Bancshares, Inc. (NASDAQ:HTBI) by 51.3% during the first quarter, according to its most recent filing with the SEC. The institutional investor owned 21,669 shares of the financial services provider’s stock after buying an additional 7,350 shares during the period. Nationwide Fund Advisors’ holdings in HomeTrust Bancshares were worth $509,000 as of its most recent filing with the SEC.
A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in HTBI. A.R.T. Advisors LLC bought a new position in HomeTrust Bancshares during the fourth quarter valued at $266,000. Russell Investments Group Ltd. bought a new position in HomeTrust Bancshares during the fourth quarter valued at $522,000. FMR LLC boosted its position in HomeTrust Bancshares by 15.6% in the fourth quarter. FMR LLC now owns 37,859 shares of the financial services provider’s stock valued at $981,000 after buying an additional 5,100 shares in the last quarter. Two Sigma Investments LP boosted its position in HomeTrust Bancshares by 161.0% in the fourth quarter. Two Sigma Investments LP now owns 41,102 shares of the financial services provider’s stock valued at $1,065,000 after buying an additional 25,355 shares in the last quarter. Finally, Thrivent Financial for Lutherans boosted its position in shares of HomeTrust Bancshares by 27.6% in the fourth quarter. Thrivent Financial for Lutherans now owns 44,800 shares of the financial services provider’s stock valued at $1,160,000 after buying an additional 9,700 shares in the last quarter. 59.03% of the stock is currently owned by hedge funds and other institutional investors.
HomeTrust Bancshares, Inc. (HTBI) opened at 24.35 on Tuesday. The stock’s 50 day moving average is $24.87 and its 200 day moving average is $24.73. HomeTrust Bancshares, Inc. has a one year low of $17.28 and a one year high of $27.05. The company has a market capitalization of $456.71 million, a PE ratio of 41.34 and a beta of 0.31.
HomeTrust Bancshares (NASDAQ:HTBI) last posted its quarterly earnings data on Thursday, April 27th. The financial services provider reported $0.27 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.21 by $0.06. The company had revenue of $28.61 million for the quarter, compared to the consensus estimate of $26.55 million. HomeTrust Bancshares had a net margin of 9.47% and a return on equity of 4.27%. On average, analysts anticipate that HomeTrust Bancshares, Inc. will post $1.00 earnings per share for the current fiscal year.
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Several research analysts have recently commented on the stock. Compass Point assumed coverage on shares of HomeTrust Bancshares in a report on Thursday, May 18th. They set a “buy” rating and a $29.00 target price on the stock. TheStreet cut shares of HomeTrust Bancshares from a “b-” rating to a “c” rating in a report on Friday, April 28th. Finally, Keefe, Bruyette & Woods reaffirmed a “hold” rating and set a $26.00 target price on shares of HomeTrust Bancshares in a report on Thursday, April 27th.
About HomeTrust Bancshares
HomeTrust Bancshares, Inc is a bank holding company of HomeTrust Bank (the Bank). The Bank’s principal business consists of attracting deposits from the public and investing those funds, along with borrowed funds, in loans secured primarily by first and second mortgages on one- to four-family residences, including home equity loans, construction and land/lot loans, commercial real estate loans, construction and development loans, commercial and industrial loans, indirect automobile, and municipal leases.
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