Martingale Asset Management L P grew its position in HomeTrust Bancshares, Inc. (NASDAQ:HTBI – Free Report) by 48.6% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 28,432 shares of the financial services provider’s stock after acquiring an additional 9,305 shares during the period. Martingale Asset Management L P’s holdings in HomeTrust Bancshares were worth $958,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds have also recently modified their holdings of HTBI. Polaris Capital Management LLC purchased a new stake in HomeTrust Bancshares during the 4th quarter worth approximately $4,069,000. Wellington Management Group LLP grew its stake in shares of HomeTrust Bancshares by 44.3% in the third quarter. Wellington Management Group LLP now owns 359,138 shares of the financial services provider’s stock worth $12,239,000 after acquiring an additional 110,180 shares in the last quarter. American Century Companies Inc. increased its position in shares of HomeTrust Bancshares by 13.3% during the fourth quarter. American Century Companies Inc. now owns 329,246 shares of the financial services provider’s stock worth $11,089,000 after acquiring an additional 38,647 shares during the period. Rosenthal Henry Capital Advisors Inc. raised its stake in shares of HomeTrust Bancshares by 97.7% in the fourth quarter. Rosenthal Henry Capital Advisors Inc. now owns 52,828 shares of the financial services provider’s stock valued at $1,779,000 after acquiring an additional 26,100 shares in the last quarter. Finally, Alliancebernstein L.P. boosted its holdings in HomeTrust Bancshares by 18.9% in the fourth quarter. Alliancebernstein L.P. now owns 133,195 shares of the financial services provider’s stock valued at $4,486,000 after purchasing an additional 21,183 shares during the period. Hedge funds and other institutional investors own 60.94% of the company’s stock.
HomeTrust Bancshares Trading Down 1.8 %
NASDAQ HTBI opened at $36.53 on Friday. HomeTrust Bancshares, Inc. has a 52 week low of $23.79 and a 52 week high of $38.99. The firm has a 50 day moving average of $36.74 and a two-hundred day moving average of $35.59. The stock has a market capitalization of $640.28 million, a PE ratio of 11.41 and a beta of 0.86. The company has a quick ratio of 1.06, a current ratio of 1.11 and a debt-to-equity ratio of 0.50.
HomeTrust Bancshares Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Thursday, February 27th. Stockholders of record on Thursday, February 13th were given a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a dividend yield of 1.31%. The ex-dividend date of this dividend was Thursday, February 13th. HomeTrust Bancshares’s dividend payout ratio (DPR) is presently 15.00%.
Analyst Upgrades and Downgrades
Separately, StockNews.com assumed coverage on HomeTrust Bancshares in a report on Sunday, April 6th. They set a “hold” rating on the stock.
Get Our Latest Report on HomeTrust Bancshares
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.
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