Separately, TheStreet downgraded Hometrust Bancshares from a b rating to a c+ rating in a research report on Friday, May 31st.
Shares of NASDAQ HTBI opened at $24.50 on Monday. Hometrust Bancshares has a 52 week low of $23.93 and a 52 week high of $30.00. The business has a 50-day moving average of $24.91. The company has a current ratio of 1.32, a quick ratio of 1.31 and a debt-to-equity ratio of 1.67. The company has a market cap of $449.01 million, a P/E ratio of 17.95 and a beta of 0.37.
The firm also recently declared a quarterly dividend, which was paid on Thursday, June 6th. Stockholders of record on Thursday, May 23rd were given a dividend of $0.06 per share. The ex-dividend date was Wednesday, May 22nd. This represents a $0.24 dividend on an annualized basis and a dividend yield of 0.98%.
In other news, EVP Keith J. Houghton sold 4,000 shares of Hometrust Bancshares stock in a transaction dated Thursday, June 13th. The stock was sold at an average price of $24.70, for a total transaction of $98,800.00. Following the completion of the sale, the executive vice president now owns 8,743 shares in the company, valued at approximately $215,952.10. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Company insiders own 7.10% of the company’s stock.
Several institutional investors and hedge funds have recently modified their holdings of HTBI. Morgan Stanley boosted its position in shares of Hometrust Bancshares by 138.1% during the 3rd quarter. Morgan Stanley now owns 116,455 shares of the financial services provider’s stock valued at $3,394,000 after acquiring an additional 67,546 shares during the last quarter. Rhumbline Advisers boosted its position in shares of Hometrust Bancshares by 44.3% during the 4th quarter. Rhumbline Advisers now owns 23,977 shares of the financial services provider’s stock valued at $628,000 after acquiring an additional 7,358 shares during the last quarter. Virginia Retirement Systems ET AL bought a new stake in shares of Hometrust Bancshares during the 4th quarter valued at about $202,000. Prudential Financial Inc. lifted its position in Hometrust Bancshares by 7.0% in the 4th quarter. Prudential Financial Inc. now owns 14,816 shares of the financial services provider’s stock worth $388,000 after buying an additional 972 shares during the last quarter. Finally, California Public Employees Retirement System lifted its position in Hometrust Bancshares by 16.1% in the 4th quarter. California Public Employees Retirement System now owns 30,128 shares of the financial services provider’s stock worth $789,000 after buying an additional 4,172 shares during the last quarter. Hedge funds and other institutional investors own 60.72% of the company’s stock.
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. Its deposit products include savings, money market, and demand accounts, as well as certificates of deposit for individuals, businesses, and nonprofit organizations.
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