HomeTrust Bancshares, Inc. (NASDAQ:HTBI) Short Interest Update

HomeTrust Bancshares, Inc. (NASDAQ:HTBI) saw a large decline in short interest in the month of December. As of December 15th, there was short interest totalling 39,500 shares, a decline of 16.7% from the November 30th total of 47,400 shares. Based on an average daily volume of 45,800 shares, the short-interest ratio is currently 0.9 days. Approximately 0.3% of the shares of the company are sold short.

Analysts Set New Price Targets

Several analysts have recently commented on HTBI shares. Keefe, Bruyette & Woods raised their price target on HomeTrust Bancshares from $39.00 to $43.00 and gave the company an “outperform” rating in a report on Wednesday, December 4th. Raymond James downgraded HomeTrust Bancshares from an “outperform” rating to a “market perform” rating in a report on Monday, October 28th.

HomeTrust Bancshares Price Performance

Shares of NASDAQ:HTBI traded down $0.51 during trading on Friday, hitting $33.86. 26,127 shares of the stock were exchanged, compared to its average volume of 40,087. The company has a market cap of $593.57 million, a PE ratio of 10.72 and a beta of 0.84. 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 fifty day moving average price of $35.73 and a two-hundred day moving average price of $33.90. HomeTrust Bancshares has a 12-month low of $23.55 and a 12-month high of $38.99.

HomeTrust Bancshares (NASDAQ:HTBI) last posted its earnings results on Thursday, October 24th. The financial services provider reported $0.76 earnings per share for the quarter, missing the consensus estimate of $0.80 by ($0.04). The firm had revenue of $74.93 million during the quarter, compared to analyst estimates of $50.13 million. HomeTrust Bancshares had a net margin of 18.53% and a return on equity of 10.41%. On average, analysts forecast that HomeTrust Bancshares will post 3.11 EPS for the current year.

HomeTrust Bancshares Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, November 27th. Shareholders of record on Thursday, November 14th were given a dividend of $0.12 per share. The ex-dividend date of this dividend was Thursday, November 14th. This represents a $0.48 dividend on an annualized basis and a yield of 1.42%. This is a boost from HomeTrust Bancshares’s previous quarterly dividend of $0.11. HomeTrust Bancshares’s payout ratio is presently 15.19%.

Institutional Trading of HomeTrust Bancshares

Several large investors have recently modified their holdings of HTBI. 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. AQR Capital Management LLC purchased a new stake in shares of HomeTrust Bancshares during the 2nd quarter worth about $201,000. Princeton Capital Management LLC acquired a new stake in shares of HomeTrust Bancshares in the third quarter worth $222,000. XTX Topco Ltd acquired a new stake in HomeTrust Bancshares in the 3rd quarter valued at $257,000. Finally, Creative Planning purchased a new stake in shares of HomeTrust Bancshares during the 3rd quarter valued at about $266,000. 60.94% of the stock is currently owned by institutional investors and hedge funds.

HomeTrust Bancshares Company 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.