Quantinno Capital Management LP Makes New Investment in HomeTrust Bancshares, Inc. $HTB

Quantinno Capital Management LP purchased a new position in shares of HomeTrust Bancshares, Inc. (NYSE:HTB) in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 10,939 shares of the company’s stock, valued at approximately $467,000. Quantinno Capital Management LP owned approximately 0.07% of HomeTrust Bancshares as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in HTB. CrossGen Wealth LLC acquired a new position in HomeTrust Bancshares during the first quarter worth $91,000. Sterling Capital Management LLC acquired a new stake in HomeTrust Bancshares in the 1st quarter valued at $105,000. Public Employees Retirement System of Ohio acquired a new stake in HomeTrust Bancshares in the 1st quarter valued at $187,000. Sentinel Trust Co. LBA acquired a new stake in HomeTrust Bancshares in the 1st quarter valued at $267,000. Finally, Cetera Investment Advisers bought a new stake in HomeTrust Bancshares during the 1st quarter worth about $288,000. 60.94% of the stock is currently owned by institutional investors and hedge funds.

HomeTrust Bancshares Stock Performance

NYSE HTB opened at $46.68 on Friday. The firm has a market capitalization of $779.09 million, a P/E ratio of 12.25 and a beta of 0.81. The company has a current ratio of 1.11, a quick ratio of 1.08 and a debt-to-equity ratio of 0.29. The firm’s fifty day moving average price is $49.16 and its two-hundred day moving average price is $46.16. HomeTrust Bancshares, Inc. has a 1 year low of $38.30 and a 1 year high of $52.50.

HomeTrust Bancshares (NYSE:HTB) last announced its quarterly earnings data on Thursday, July 23rd. The company reported $0.94 EPS for the quarter, beating analysts’ consensus estimates of $0.89 by $0.05. The company had revenue of $54.54 million during the quarter, compared to the consensus estimate of $53.22 million. HomeTrust Bancshares had a net margin of 22.50% and a return on equity of 10.88%. As a group, research analysts anticipate that HomeTrust Bancshares, Inc. will post 3.7 EPS for the current year.

HomeTrust Bancshares Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, August 27th. Investors of record on Thursday, August 13th will be paid a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 1.3%. The ex-dividend date is Thursday, August 13th. HomeTrust Bancshares’s dividend payout ratio (DPR) is 15.75%.

Wall Street Analyst Weigh In

HTB has been the subject of several analyst reports. Weiss Ratings upgraded HomeTrust Bancshares from a “buy (b+)” rating to a “buy (a-)” rating in a report on Thursday, July 23rd. Zacks Research upgraded HomeTrust Bancshares from a “hold” rating to a “strong-buy” rating in a report on Tuesday, July 28th. Hovde Group increased their price target on HomeTrust Bancshares from $46.50 to $47.00 and gave the company a “market perform” rating in a research report on Friday, April 24th. Keefe, Bruyette & Woods reissued an “outperform” rating on shares of HomeTrust Bancshares in a research report on Wednesday. Finally, Stephens raised their price target on HomeTrust Bancshares from $55.00 to $57.00 and gave the company an “overweight” rating in a research note on Friday. Two analysts have rated the stock with a Strong Buy rating, two have given a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Buy” and a consensus price target of $52.00.

Insider Activity

In related news, Director Laura C. Kendall sold 10,000 shares of HomeTrust Bancshares stock in a transaction dated Thursday, July 30th. The stock was sold at an average price of $51.13, for a total transaction of $511,300.00. Following the completion of the transaction, the director owned 24,229 shares in the company, valued at approximately $1,238,828.77. This trade represents a 29.21% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Kristin Y. Powell sold 1,000 shares of HomeTrust Bancshares stock in a transaction dated Wednesday, May 27th. The stock was sold at an average price of $46.78, for a total value of $46,780.00. Following the transaction, the executive vice president owned 21,595 shares of the company’s stock, valued at $1,010,214.10. The trade was a 4.43% decrease in their position. The disclosure for this sale is available in the SEC filing. Company insiders own 11.02% of the company’s stock.

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.