Gamco Investors INC. ET AL Acquires Shares of 20,315 HomeTrust Bancshares, Inc. $HTB

Gamco Investors INC. ET AL bought a new position in shares of HomeTrust Bancshares, Inc. (NYSE:HTB) in the first quarter, Holdings Channel reports. The firm bought 20,315 shares of the company’s stock, valued at approximately $866,000.

A number of other large investors also recently made changes to their positions in HTB. Dimensional Fund Advisors LP bought a new position in shares of HomeTrust Bancshares in the 1st quarter worth $35,667,000. Bank of New York Mellon Corp acquired a new position in HomeTrust Bancshares in the first quarter valued at about $2,926,000. Rosenthal Henry Capital Advisors Inc. bought a new position in HomeTrust Bancshares during the first quarter worth about $2,135,000. First Trust Advisors LP bought a new position in HomeTrust Bancshares during the first quarter worth about $1,821,000. Finally, Goepper Burkhardt LLC acquired a new position in shares of HomeTrust Bancshares during the 1st quarter worth about $1,220,000. Institutional investors and hedge funds own 60.94% of the company’s stock.

HomeTrust Bancshares Stock Up 2.9%

HTB opened at $50.98 on Wednesday. The company has a market cap of $856.89 million, a PE ratio of 13.38 and a beta of 0.80. HomeTrust Bancshares, Inc. has a 12 month low of $37.30 and a 12 month high of $51.53. The company has a debt-to-equity ratio of 0.17, a quick ratio of 1.05 and a current ratio of 1.08. The company has a fifty day moving average price of $48.16.

HomeTrust Bancshares (NYSE:HTB) last posted its earnings results on Thursday, July 23rd. The company reported $0.94 earnings per share for the quarter, topping the consensus estimate of $0.89 by $0.05. HomeTrust Bancshares had a return on equity of 10.90% and a net margin of 22.50%.The firm had revenue of $54.54 million for the quarter, compared to analyst estimates of $53.22 million. On average, equities research analysts expect that HomeTrust Bancshares, Inc. will post 3.87 earnings per share for the current fiscal year.

HomeTrust Bancshares Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, August 27th. Stockholders of record on Thursday, August 13th will be given a dividend of $0.15 per share. The ex-dividend date of this dividend is Thursday, August 13th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 1.2%. HomeTrust Bancshares’s dividend payout ratio (DPR) is currently 15.75%.

Insider Transactions at HomeTrust Bancshares

In related news, EVP Kristin Y. Powell sold 1,000 shares of the stock in a transaction that occurred on Wednesday, May 27th. The stock was sold at an average price of $46.78, for a total transaction of $46,780.00. Following the completion of the sale, the executive vice president directly owned 21,595 shares of the company’s stock, valued at approximately $1,010,214.10. This represents a 4.43% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Hunter Westbrook sold 3,904 shares of the firm’s stock in a transaction that occurred on Thursday, May 7th. The stock was sold at an average price of $46.17, for a total transaction of $180,247.68. Following the sale, the chief executive officer owned 105,828 shares in the company, valued at $4,886,078.76. This trade represents a 3.56% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 61,000 shares of company stock worth $2,794,550. 11.02% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

A number of analysts have recently commented on HTB shares. Weiss Ratings raised HomeTrust Bancshares from a “buy (b+)” rating to a “buy (a-)” rating in a research note on Thursday, July 23rd. Wall Street Zen raised shares of HomeTrust Bancshares from a “sell” rating to a “hold” rating in a research note on Saturday, April 4th. Finally, Hovde Group boosted their price objective on shares of HomeTrust Bancshares from $46.50 to $47.00 and gave the company a “market perform” rating in a report on Friday, April 24th. One investment analyst has rated the stock with a Strong Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, the stock has an average rating of “Buy” and a consensus target price of $47.00.

About HomeTrust Bancshares

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.