Los Angeles Capital Management LLC Reduces Stock Holdings in HomeTrust Bancshares, Inc. (NASDAQ:HTBI)

Los Angeles Capital Management LLC reduced its stake in HomeTrust Bancshares, Inc. (NASDAQ:HTBI) by 23.2% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 27,645 shares of the financial services provider’s stock after selling 8,338 shares during the period. Los Angeles Capital Management LLC owned 0.16% of HomeTrust Bancshares worth $931,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in HTBI. Polaris Capital Management LLC purchased a new position in HomeTrust Bancshares in the fourth quarter valued at approximately $4,069,000. Wellington Management Group LLP increased its stake in HomeTrust Bancshares by 44.3% in the third quarter. Wellington Management Group LLP now owns 359,138 shares of the financial services provider’s stock valued at $12,239,000 after purchasing an additional 110,180 shares during the last quarter. Charles Schwab Investment Management Inc. increased its stake in HomeTrust Bancshares by 84.3% in the third quarter. Charles Schwab Investment Management Inc. now owns 159,663 shares of the financial services provider’s stock valued at $5,441,000 after purchasing an additional 73,013 shares during the last quarter. Rosenthal Henry Capital Advisors Inc. purchased a new position in HomeTrust Bancshares in the third quarter valued at approximately $911,000. Finally, Foundry Partners LLC increased its stake in HomeTrust Bancshares by 18.8% in the third quarter. Foundry Partners LLC now owns 105,955 shares of the financial services provider’s stock valued at $3,611,000 after purchasing an additional 16,775 shares during the last quarter. 60.94% of the stock is currently owned by hedge funds and other institutional investors.

HomeTrust Bancshares Stock Performance

Shares of HTBI opened at $36.53 on Friday. The company has a current ratio of 1.11, a quick ratio of 1.06 and a debt-to-equity ratio of 0.50. The firm has a market cap of $640.28 million, a PE ratio of 11.41 and a beta of 0.86. The company’s 50 day simple moving average is $35.43 and its 200-day simple moving average is $35.21. HomeTrust Bancshares, Inc. has a 12-month low of $23.55 and a 12-month high of $38.99.

HomeTrust Bancshares (NASDAQ:HTBI) last announced its earnings results on Thursday, January 23rd. The financial services provider reported $0.83 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.75 by $0.08. HomeTrust Bancshares had a net margin of 18.57% and a return on equity of 10.43%. As a group, equities analysts predict that HomeTrust Bancshares, Inc. will post 3.02 EPS for the current year.

HomeTrust Bancshares Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, February 27th. Investors of record on Thursday, February 13th were given a $0.12 dividend. The ex-dividend date of this dividend was Thursday, February 13th. This represents a $0.48 dividend on an annualized basis and a yield of 1.31%. HomeTrust Bancshares’s dividend payout ratio (DPR) is 15.00%.

Analyst Ratings Changes

Separately, Keefe, Bruyette & Woods increased their price target on shares of HomeTrust Bancshares from $39.00 to $43.00 and gave the company an “outperform” rating in a research note on Wednesday, December 4th.

About HomeTrust Bancshares

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.