6,906 Shares in HomeTrust Bancshares, Inc. (NASDAQ:HTBI) Acquired by Dynamic Technology Lab Private Ltd

Dynamic Technology Lab Private Ltd acquired a new stake in HomeTrust Bancshares, Inc. (NASDAQ:HTBI) in the 4th quarter, HoldingsChannel reports. The institutional investor acquired 6,906 shares of the financial services provider’s stock, valued at approximately $233,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. BNP Paribas Financial Markets raised its position in shares of 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 valued at $119,000 after buying an additional 774 shares during the last quarter. XTX Topco Ltd purchased a new stake in HomeTrust Bancshares during the 3rd quarter valued at about $257,000. Wells Fargo & Company MN raised its holdings in HomeTrust Bancshares by 25.2% in the 4th 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 during the last quarter. Franklin Resources Inc. lifted its stake in HomeTrust Bancshares by 8.8% in the 3rd quarter. Franklin Resources Inc. now owns 15,871 shares of the financial services provider’s stock worth $542,000 after purchasing an additional 1,281 shares in the last quarter. Finally, Rhumbline Advisers boosted its holdings in shares of HomeTrust Bancshares by 1.2% during the 4th quarter. Rhumbline Advisers now owns 22,883 shares of the financial services provider’s stock worth $771,000 after purchasing an additional 272 shares during the last quarter. Hedge funds and other institutional investors own 60.94% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, StockNews.com started coverage on HomeTrust Bancshares in a report on Sunday, April 6th. They issued a “hold” rating for the company.

HomeTrust Bancshares Price Performance

HomeTrust Bancshares stock opened at $36.53 on Friday. The company has a current ratio of 1.11, a quick ratio of 1.06 and a debt-to-equity ratio of 0.50. The company has a 50-day moving average price of $36.75 and a 200 day moving average price of $35.58. HomeTrust Bancshares, Inc. has a 12-month low of $23.79 and a 12-month high of $38.99. The stock has a market cap of $640.28 million, a P/E ratio of 11.41 and a beta of 0.86.

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

HomeTrust Bancshares Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, February 27th. Shareholders of record on Thursday, February 13th were paid a dividend of $0.12 per share. The ex-dividend date was Thursday, February 13th. This represents a $0.48 annualized dividend and a yield of 1.31%. HomeTrust Bancshares’s dividend payout ratio (DPR) 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.