Jacobs Levy Equity Management Inc. Sells 20,054 Shares of HomeTrust Bancshares, Inc. (NASDAQ:HTBI)

Jacobs Levy Equity Management Inc. lessened its stake in shares of HomeTrust Bancshares, Inc. (NASDAQ:HTBI) by 35.0% in the 4th quarter, HoldingsChannel.com reports. The fund owned 37,173 shares of the financial services provider’s stock after selling 20,054 shares during the period. Jacobs Levy Equity Management Inc.’s holdings in HomeTrust Bancshares were worth $1,252,000 as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. Tower Research Capital LLC TRC boosted its stake in shares of HomeTrust Bancshares by 138.5% during the 4th quarter. Tower Research Capital LLC TRC now owns 2,490 shares of the financial services provider’s stock worth $84,000 after acquiring an additional 1,446 shares in the last quarter. Dynamic Technology Lab Private Ltd bought a new stake in shares of HomeTrust Bancshares during the 4th quarter worth about $233,000. Wells Fargo & Company MN boosted its stake in shares of HomeTrust Bancshares by 25.2% during the 4th quarter. Wells Fargo & Company MN now owns 9,350 shares of the financial services provider’s stock worth $315,000 after acquiring an additional 1,884 shares in the last quarter. Deutsche Bank AG boosted its stake in shares of HomeTrust Bancshares by 28.1% during the 4th quarter. Deutsche Bank AG now owns 14,023 shares of the financial services provider’s stock worth $472,000 after acquiring an additional 3,079 shares in the last quarter. Finally, Franklin Resources Inc. boosted its stake in shares of HomeTrust Bancshares by 8.8% during the 3rd quarter. Franklin Resources Inc. now owns 15,871 shares of the financial services provider’s stock worth $542,000 after acquiring an additional 1,281 shares in the last quarter. Institutional investors own 60.94% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, StockNews.com initiated coverage on HomeTrust Bancshares in a research note on Friday. They set a “hold” rating for the company.

HomeTrust Bancshares Price Performance

Shares of NASDAQ:HTBI opened at $36.53 on Friday. The business has a 50 day moving average price of $36.53 and a 200 day moving average price of $36.09. HomeTrust Bancshares, Inc. has a twelve month low of $26.93 and a twelve month high of $38.99. The company has a market cap of $640.28 million, a price-to-earnings 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 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.