HomeTrust Bancshares, Inc. (NASDAQ:HTBI) Shares Sold by Brandywine Global Investment Management LLC

Brandywine Global Investment Management LLC lowered its position in HomeTrust Bancshares, Inc. (NASDAQ:HTBI) by 4.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 41,848 shares of the financial services provider’s stock after selling 2,102 shares during the period. Brandywine Global Investment Management LLC owned about 0.24% of HomeTrust Bancshares worth $1,409,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently added to or reduced their stakes in the business. State Street Corp lifted its holdings in shares of HomeTrust Bancshares by 0.4% in the 3rd quarter. State Street Corp now owns 365,453 shares of the financial services provider’s stock valued at $12,455,000 after buying an additional 1,428 shares during the period. Wellington Management Group LLP lifted its holdings in 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 valued at $12,239,000 after acquiring an additional 110,180 shares during the period. American Century Companies Inc. boosted its position in shares of HomeTrust Bancshares by 13.3% during the 4th quarter. American Century Companies Inc. now owns 329,246 shares of the financial services provider’s stock worth $11,089,000 after purchasing an additional 38,647 shares in the last quarter. Charles Schwab Investment Management Inc. grew its stake in shares of HomeTrust Bancshares by 84.3% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 159,663 shares of the financial services provider’s stock worth $5,441,000 after purchasing an additional 73,013 shares during the period. Finally, Polaris Capital Management LLC purchased a new position in shares of HomeTrust Bancshares in the 4th quarter valued at about $4,069,000. Hedge funds and other institutional investors own 60.94% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts recently commented on the stock. StockNews.com initiated coverage on shares of HomeTrust Bancshares in a report on Saturday, March 29th. They set a “hold” rating on the stock. Keefe, Bruyette & Woods upped their price target on HomeTrust Bancshares from $39.00 to $43.00 and gave the stock an “outperform” rating in a report on Wednesday, December 4th.

HomeTrust Bancshares Stock Performance

NASDAQ:HTBI opened at $36.53 on Thursday. 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 market capitalization of $640.28 million, a P/E ratio of 11.41 and a beta of 0.86. The firm has a 50-day moving average price of $36.81 and a two-hundred day moving average price of $35.52. HomeTrust Bancshares, Inc. has a twelve month low of $23.55 and a twelve month high of $38.99.

HomeTrust Bancshares (NASDAQ:HTBI) last issued its quarterly earnings data on Thursday, January 23rd. The financial services provider reported $0.83 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.75 by $0.08. HomeTrust Bancshares had a return on equity of 10.43% and a net margin of 18.57%. As a group, research analysts expect that HomeTrust Bancshares, Inc. will post 3.02 earnings per share for the current fiscal year.

HomeTrust Bancshares Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, February 27th. Investors of record on Thursday, February 13th were paid a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a dividend yield of 1.31%. The ex-dividend date was Thursday, February 13th. HomeTrust Bancshares’s payout ratio is currently 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.