Kennedy Capital Management LLC Decreases Position in HomeTrust Bancshares, Inc. (NASDAQ:HTBI)

Kennedy Capital Management LLC decreased its stake in HomeTrust Bancshares, Inc. (NASDAQ:HTBI) by 4.9% in the first quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 356,418 shares of the financial services provider’s stock after selling 18,313 shares during the quarter. Kennedy Capital Management LLC owned about 2.04% of HomeTrust Bancshares worth $9,744,000 at the end of the most recent reporting period.

Several other large investors have also recently modified their holdings of the stock. SG Americas Securities LLC boosted its stake in HomeTrust Bancshares by 23.0% during the fourth quarter. SG Americas Securities LLC now owns 7,440 shares of the financial services provider’s stock worth $200,000 after buying an additional 1,390 shares during the period. Quadrature Capital Ltd bought a new stake in shares of HomeTrust Bancshares in the 1st quarter worth about $323,000. BNP Paribas Financial Markets boosted its stake in shares of HomeTrust Bancshares by 21.8% during the 4th quarter. BNP Paribas Financial Markets now owns 15,463 shares of the financial services provider’s stock worth $416,000 after purchasing an additional 2,764 shares during the period. Los Angeles Capital Management LLC grew its holdings in HomeTrust Bancshares by 8.2% during the 1st quarter. Los Angeles Capital Management LLC now owns 42,438 shares of the financial services provider’s stock valued at $1,160,000 after purchasing an additional 3,210 shares during the last quarter. Finally, BHZ Capital Management LP grew its holdings in HomeTrust Bancshares by 43.9% during the 4th quarter. BHZ Capital Management LP now owns 59,477 shares of the financial services provider’s stock valued at $1,601,000 after purchasing an additional 18,156 shares during the last quarter. Institutional investors own 60.94% of the company’s stock.

HomeTrust Bancshares Trading Up 1.9 %

HTBI traded up $0.64 on Tuesday, reaching $34.82. 57,413 shares of the company traded hands, compared to its average volume of 37,321. The company has a market cap of $607.26 million, a P/E ratio of 9.91 and a beta of 0.82. The company has a quick ratio of 1.06, a current ratio of 1.12 and a debt-to-equity ratio of 0.59. HomeTrust Bancshares, Inc. has a one year low of $19.37 and a one year high of $35.77. The firm has a fifty day simple moving average of $29.80 and a two-hundred day simple moving average of $27.49.

HomeTrust Bancshares (NASDAQ:HTBI) last posted its earnings results on Wednesday, July 24th. The financial services provider reported $0.73 EPS for the quarter, meeting analysts’ consensus estimates of $0.73. The business had revenue of $73.53 million for the quarter, compared to the consensus estimate of $48.06 million. HomeTrust Bancshares had a net margin of 19.42% and a return on equity of 11.18%.

HomeTrust Bancshares Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, August 29th. Shareholders of record on Thursday, August 15th will be issued a $0.11 dividend. The ex-dividend date of this dividend is Thursday, August 15th. This represents a $0.44 dividend on an annualized basis and a yield of 1.26%. HomeTrust Bancshares’s dividend payout ratio is presently 12.75%.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on the stock. StockNews.com raised shares of HomeTrust Bancshares from a “hold” rating to a “buy” rating in a research note on Thursday, July 25th. Keefe, Bruyette & Woods raised their price target on HomeTrust Bancshares from $32.00 to $38.00 and gave the stock an “outperform” rating in a research note on Monday. Four investment analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the company currently has an average rating of “Buy” and a consensus target price of $32.00.

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.