HomeTrust Bancshares, Inc. $HTB Stock Position Lessened by Daytona Street Capital LLC

Daytona Street Capital LLC cut its position in shares of HomeTrust Bancshares, Inc. (NYSE:HTB) by 94.1% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,000 shares of the company’s stock after selling 16,000 shares during the quarter. Daytona Street Capital LLC’s holdings in HomeTrust Bancshares were worth $46,000 as of its most recent SEC filing.

Several other institutional investors have also recently modified their holdings of the company. Engineers Gate Manager LP purchased a new position in shares of HomeTrust Bancshares during the 2nd quarter valued at about $370,000. Squarepoint Ops LLC purchased a new stake in HomeTrust Bancshares in the second quarter worth approximately $400,000. Susquehanna Fundamental Investments LLC boosted its stake in HomeTrust Bancshares by 12.9% in the second quarter. Susquehanna Fundamental Investments LLC now owns 13,925 shares of the company’s stock worth $695,000 after buying an additional 1,589 shares in the last quarter. Two Sigma Securities LLC purchased a new stake in HomeTrust Bancshares in the second quarter worth approximately $293,000. Finally, Empowered Funds LLC bought a new position in HomeTrust Bancshares during the second quarter valued at approximately $4,099,000. 60.94% of the stock is currently owned by institutional investors.

HomeTrust Bancshares Stock Up 1.4%

Shares of NYSE:HTB opened at $46.56 on Friday. The stock has a market capitalization of $777.09 million, a P/E ratio of 12.05 and a beta of 0.81. The stock’s 50-day moving average price is $47.10 and its 200-day moving average price is $47.18. The company has a current ratio of 1.11, a quick ratio of 1.08 and a debt-to-equity ratio of 0.29. HomeTrust Bancshares, Inc. has a 12-month low of $38.69 and a 12-month high of $52.50.

HomeTrust Bancshares (NYSE:HTB) last released its earnings results on Thursday, July 23rd. The company reported $0.94 earnings per share for the quarter, beating analysts’ consensus estimates of $0.89 by $0.05. HomeTrust Bancshares had a return on equity of 10.88% and a net margin of 22.50%. The company had revenue of $54.54 million during the quarter, compared to analyst estimates of $53.22 million. On average, equities analysts anticipate that HomeTrust Bancshares, Inc. will post 3.71 earnings per share for the current year.

HomeTrust Bancshares Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, August 27th. Shareholders of record on Thursday, August 13th were given a $0.15 dividend. The ex-dividend date was Thursday, August 13th. This represents a $0.60 annualized dividend and a yield of 1.3%. HomeTrust Bancshares’s payout ratio is presently 15.75%.

Insiders Place Their Bets

In other HomeTrust Bancshares news, Director Laura Kendall sold 10,000 shares of the business’s stock in a transaction that occurred on Thursday, July 30th. The stock was sold at an average price of $51.13, for a total value of $511,300.00. Following the completion of the sale, the director owned 24,229 shares in the company, valued at approximately $1,238,828.77. The trade was a 29.21% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders own 11.02% of the company’s stock.

Analyst Ratings Changes

Several research firms have commented on HTB. Keefe, Bruyette & Woods reissued an “outperform” rating on shares of HomeTrust Bancshares in a research note on Wednesday, August 19th. Zacks Research lowered shares of HomeTrust Bancshares from a “strong-buy” rating to a “hold” rating in a report on Wednesday, August 26th. Weiss Ratings upgraded shares of HomeTrust Bancshares from a “buy (b+)” rating to a “buy (a-)” rating in a report on Thursday, July 23rd. Wall Street Zen cut shares of HomeTrust Bancshares from a “hold” rating to a “sell” rating in a research note on Saturday, October 10th. Finally, Stephens upped their price objective on shares of HomeTrust Bancshares from $55.00 to $57.00 and gave the company an “overweight” rating in a research note on Friday, August 21st. One analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $52.00.

About HomeTrust Bancshares

HomeTrust Bancshares, Inc is the holding company for HomeTrust Bank, a community-focused financial institution headquartered in Asheville, North Carolina. Founded in 1926 as Asheville Savings Bank, the company adopted the HomeTrust name as it expanded beyond its original market and became a publicly traded company in 2012.

HomeTrust Bank provides a range of banking services for individuals, businesses and institutions. Its offerings include checking and savings accounts, certificates of deposit, residential and commercial real estate loans, consumer lending, commercial and industrial financing, and other deposit and credit products.