American International Group Inc. increased its stake in HomeTrust Bancshares, Inc. (NASDAQ:HTBI) by 7.0% during the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 10,178 shares of the financial services provider’s stock after buying an additional 663 shares during the period. American International Group Inc. owned 0.06% of HomeTrust Bancshares worth $239,000 as of its most recent filing with the SEC.
Several other large investors also recently bought and sold shares of the company. Nine Chapters Capital Management LLC bought a new stake in HomeTrust Bancshares during the first quarter valued at approximately $202,000. TFS Capital LLC bought a new stake in HomeTrust Bancshares during the first quarter valued at approximately $249,000. Eidelman Virant Capital boosted its stake in HomeTrust Bancshares by 25.9% in the first quarter. Eidelman Virant Capital now owns 17,000 shares of the financial services provider’s stock valued at $399,000 after buying an additional 3,500 shares in the last quarter. Nationwide Fund Advisors boosted its stake in HomeTrust Bancshares by 51.3% in the first quarter. Nationwide Fund Advisors now owns 21,669 shares of the financial services provider’s stock valued at $509,000 after buying an additional 7,350 shares in the last quarter. Finally, Russell Investments Group Ltd. bought a new stake in HomeTrust Bancshares during the fourth quarter valued at approximately $522,000. 59.28% of the stock is owned by hedge funds and other institutional investors.
Shares of HomeTrust Bancshares, Inc. (NASDAQ:HTBI) opened at 23.20 on Tuesday. The firm’s 50-day moving average is $23.99 and its 200-day moving average is $24.34. The company has a market capitalization of $416.12 million, a price-to-earnings ratio of 35.69 and a beta of 0.31. HomeTrust Bancshares, Inc. has a 1-year low of $17.28 and a 1-year high of $27.05.
HomeTrust Bancshares (NASDAQ:HTBI) last released its quarterly earnings results on Wednesday, July 26th. The financial services provider reported $0.25 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.27 by $0.02. The firm had revenue of $28.63 million for the quarter, compared to analysts’ expectations of $29.53 million. HomeTrust Bancshares had a net margin of 10.31% and a return on equity of 4.55%. Analysts forecast that HomeTrust Bancshares, Inc. will post $1.24 earnings per share for the current fiscal year.
HTBI has been the subject of several research reports. Keefe, Bruyette & Woods reiterated a “hold” rating and issued a $26.00 price target on shares of HomeTrust Bancshares in a research note on Thursday, April 27th. TheStreet lowered shares of HomeTrust Bancshares from a “b-” rating to a “c” rating in a research note on Friday, April 28th. Compass Point initiated coverage on shares of HomeTrust Bancshares in a research note on Thursday, May 18th. They issued a “buy” rating and a $29.00 price target for the company. Finally, BidaskClub lowered shares of HomeTrust Bancshares from a “buy” rating to a “hold” rating in a research note on Thursday, July 13th. One research analyst has rated the stock with a sell rating, one has given a hold rating and one has given a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus target price of $27.50.
HomeTrust Bancshares Company Profile
HomeTrust Bancshares, Inc is a bank holding company of HomeTrust Bank (the Bank). The Bank’s principal business consists of attracting deposits from the public and investing those funds, along with borrowed funds, in loans secured primarily by first and second mortgages on one- to four-family residences, including home equity loans, construction and land/lot loans, commercial real estate loans, construction and development loans, commercial and industrial loans, indirect automobile, and municipal leases.
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