HomeTrust Bancshares, Inc. $HTB Shares Sold by Daytona Street Capital LLC

Daytona Street Capital LLC lessened its position in HomeTrust Bancshares, Inc. (NYSE:HTB) by 94.1% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 1,000 shares of the company’s stock after selling 16,000 shares during the period. Daytona Street Capital LLC’s holdings in HomeTrust Bancshares were worth $46,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of the company. Engineers Gate Manager LP purchased a new stake in shares of HomeTrust Bancshares during the second quarter worth about $370,000. Squarepoint Ops LLC bought a new stake in shares of HomeTrust Bancshares in the second quarter worth about $400,000. Susquehanna Fundamental Investments LLC increased its holdings in HomeTrust Bancshares by 12.9% during the 2nd quarter. Susquehanna Fundamental Investments LLC now owns 13,925 shares of the company’s stock valued at $695,000 after purchasing an additional 1,589 shares during the period. Two Sigma Securities LLC purchased a new position in HomeTrust Bancshares during the 2nd quarter valued at about $293,000. Finally, Empowered Funds LLC purchased a new position in HomeTrust Bancshares during the 2nd quarter valued at about $4,099,000. Hedge funds and other institutional investors own 60.94% of the company’s stock.

Insider Transactions at HomeTrust Bancshares

In other HomeTrust Bancshares news, Director Laura Kendall sold 10,000 shares of the firm’s stock in a transaction dated Thursday, July 30th. The shares were sold at an average price of $51.13, for a total value of $511,300.00. Following the completion of the sale, the director directly owned 24,229 shares in the company, valued at $1,238,828.77. This trade represents a 29.21% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. 11.02% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

A number of research analysts have commented on the company. Wall Street Zen lowered HomeTrust Bancshares from a “hold” rating to a “sell” rating in a research report on Saturday, October 10th. Weiss Ratings upgraded HomeTrust Bancshares from a “buy (b+)” rating to a “buy (a-)” rating in a research report on Thursday, July 23rd. Keefe, Bruyette & Woods reiterated an “outperform” rating on shares of HomeTrust Bancshares in a research report on Wednesday, August 19th. Stephens boosted their target price on HomeTrust Bancshares from $55.00 to $57.00 and gave the company an “overweight” rating in a research note on Friday, August 21st. Finally, Zacks Research cut HomeTrust Bancshares from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, August 26th. One analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $52.00.

HomeTrust Bancshares Stock Up 1.4%

Shares of NYSE HTB opened at $46.56 on Friday. The company has a current ratio of 1.11, a quick ratio of 1.08 and a debt-to-equity ratio of 0.29. HomeTrust Bancshares, Inc. has a 12 month low of $38.69 and a 12 month high of $52.50. The firm has a market capitalization of $777.09 million, a PE ratio of 12.05 and a beta of 0.81. The firm has a fifty day simple moving average of $47.10 and a two-hundred day simple moving average of $47.18.

HomeTrust Bancshares (NYSE:HTB) last posted its earnings results on Thursday, July 23rd. The company reported $0.94 EPS for the quarter, topping the consensus estimate of $0.89 by $0.05. The firm had revenue of $54.54 million during the quarter, compared to analysts’ expectations of $53.22 million. HomeTrust Bancshares had a net margin of 22.50% and a return on equity of 10.88%. Equities analysts expect that HomeTrust Bancshares, Inc. will post 3.71 earnings per share for the current year.

HomeTrust Bancshares Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, August 27th. Investors of record on Thursday, August 13th were paid a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 1.3%. The ex-dividend date of this dividend was Thursday, August 13th. HomeTrust Bancshares’s dividend payout ratio is presently 15.75%.

HomeTrust Bancshares Profile

HomeTrust Bancshares, Inc is the holding company for HomeTrust Bank, a community-focused financial institution headquartered in Asheville, North Carolina. Founded in 1926 as Asheville Savings Bank, the company adopted the HomeTrust name as it expanded beyond its original market and became a publicly traded company in 2012.

HomeTrust Bank provides a range of banking services for individuals, businesses and institutions. Its offerings include checking and savings accounts, certificates of deposit, residential and commercial real estate loans, consumer lending, commercial and industrial financing, and other deposit and credit products.