Sanctuary Advisors LLC Acquires Shares of 20,542 HomeTrust Bancshares, Inc. $HTB

Sanctuary Advisors LLC bought a new stake in HomeTrust Bancshares, Inc. (NYSE:HTB) during the 2nd quarter, Holdings Channel.com reports. The institutional investor bought 20,542 shares of the company’s stock, valued at approximately $1,025,000.

Several other large investors have also made changes to their positions in HTB. Global Retirement Partners LLC bought a new stake in shares of HomeTrust Bancshares in the 2nd quarter worth about $28,000. California State Teachers Retirement System bought a new position in HomeTrust Bancshares during the 1st quarter valued at about $37,000. CrossGen Wealth LLC bought a new position in HomeTrust Bancshares during the 1st quarter valued at about $91,000. Sterling Capital Management LLC acquired a new position in HomeTrust Bancshares in the first quarter valued at about $105,000. Finally, Quantbot Technologies LP acquired a new position in HomeTrust Bancshares in the second quarter valued at about $148,000. Institutional investors own 60.94% of the company’s stock.

HomeTrust Bancshares Stock Performance

Shares of NYSE:HTB opened at $46.43 on Friday. The business has a fifty day moving average of $49.07 and a 200-day moving average of $46.24. The company has a debt-to-equity ratio of 0.29, a quick ratio of 1.08 and a current ratio of 1.11. HomeTrust Bancshares, Inc. has a twelve month low of $38.30 and a twelve month high of $52.50. The firm has a market cap of $774.93 million, a PE ratio of 12.19 and a beta of 0.81.

HomeTrust Bancshares (NYSE:HTB) last issued its quarterly earnings results on Thursday, July 23rd. The company reported $0.94 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.89 by $0.05. HomeTrust Bancshares had a net margin of 22.50% and a return on equity of 10.88%. The business had revenue of $54.54 million for the quarter, compared to the consensus estimate of $53.22 million. On average, equities research analysts predict that HomeTrust Bancshares, Inc. will post 3.7 EPS for the current fiscal year.

HomeTrust Bancshares Announces Dividend

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

Analyst Ratings Changes

Several analysts have weighed in on HTB shares. Stephens upped their price objective on shares of HomeTrust Bancshares from $55.00 to $57.00 and gave the stock an “overweight” rating in a research note on Friday, August 21st. Zacks Research upgraded shares of HomeTrust Bancshares from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, July 28th. Weiss Ratings raised HomeTrust Bancshares from a “buy (b+)” rating to a “buy (a-)” rating in a report on Thursday, July 23rd. Finally, Keefe, Bruyette & Woods restated an “outperform” rating on shares of HomeTrust Bancshares in a research report on Wednesday, August 19th. Two analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Buy” and an average target price of $52.00.

Insider Buying and Selling at HomeTrust Bancshares

In other news, Director Laura C. Kendall sold 10,000 shares of the company’s stock in a transaction that occurred on Thursday, July 30th. The shares were sold at an average price of $51.13, for a total transaction of $511,300.00. Following the transaction, the director directly owned 24,229 shares in the company, valued at approximately $1,238,828.77. This represents a 29.21% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 11.02% of the company’s stock.

HomeTrust Bancshares Profile

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.