HomeTrust Bancshares, Inc. (NASDAQ:HTBI) Short Interest Update

HomeTrust Bancshares, Inc. (NASDAQ:HTBI) saw a significant growth in short interest in the month of January. As of January 31st, there was short interest totalling 43,400 shares, a growth of 18.6% from the January 15th total of 36,600 shares. Based on an average daily volume of 43,400 shares, the short-interest ratio is presently 1.0 days. Currently, 0.3% of the company’s shares are short sold.

HomeTrust Bancshares Stock Down 0.4 %

HTBI traded down $0.15 during trading on Friday, reaching $37.23. 18,989 shares of the stock traded hands, compared to its average volume of 40,183. The stock’s 50-day simple moving average is $35.27 and its two-hundred day simple moving average is $34.94. The company has a debt-to-equity ratio of 0.50, a current ratio of 1.11 and a quick ratio of 1.06. HomeTrust Bancshares has a fifty-two week low of $23.55 and a fifty-two week high of $38.99. The stock has a market cap of $652.64 million, a price-to-earnings ratio of 11.63 and a beta of 0.86.

HomeTrust Bancshares (NASDAQ:HTBI) last announced its quarterly earnings results on Thursday, January 23rd. The financial services provider reported $0.83 EPS for the quarter, beating the consensus estimate of $0.75 by $0.08. HomeTrust Bancshares had a return on equity of 10.43% and a net margin of 18.57%. As a group, equities research analysts expect that HomeTrust Bancshares will post 2.98 EPS for the current year.

HomeTrust Bancshares Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, February 27th. Stockholders of record on Thursday, February 13th will be issued a dividend of $0.12 per share. The ex-dividend date of this dividend is Thursday, February 13th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 1.29%. HomeTrust Bancshares’s dividend payout ratio is currently 15.00%.

Institutional Investors Weigh In On HomeTrust Bancshares

Large investors have recently bought and sold shares of the business. Rhumbline Advisers raised its holdings in HomeTrust Bancshares by 1.2% in the 4th quarter. Rhumbline Advisers now owns 22,883 shares of the financial services provider’s stock worth $771,000 after acquiring an additional 272 shares during the period. BNP Paribas Financial Markets increased its stake in shares of HomeTrust Bancshares by 28.4% in the third quarter. BNP Paribas Financial Markets now owns 3,499 shares of the financial services provider’s stock worth $119,000 after purchasing an additional 774 shares during the period. Franklin Resources Inc. lifted its position in shares of HomeTrust Bancshares by 8.8% during the 3rd quarter. Franklin Resources Inc. now owns 15,871 shares of the financial services provider’s stock worth $542,000 after purchasing an additional 1,281 shares during the last quarter. Federated Hermes Inc. boosted its stake in HomeTrust Bancshares by 3.9% during the 4th quarter. Federated Hermes Inc. now owns 35,988 shares of the financial services provider’s stock valued at $1,212,000 after purchasing an additional 1,337 shares during the period. Finally, State Street Corp grew its holdings in HomeTrust Bancshares by 0.4% in the 3rd quarter. State Street Corp now owns 365,453 shares of the financial services provider’s stock valued at $12,455,000 after buying an additional 1,428 shares during the last quarter. 60.94% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on HTBI shares. Raymond James downgraded shares of HomeTrust Bancshares from an “outperform” rating to a “market perform” rating in a research report on Monday, October 28th. Keefe, Bruyette & Woods raised their price objective on HomeTrust Bancshares from $39.00 to $43.00 and gave the stock an “outperform” rating in a research report 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.