Rosenthal Henry Capital Advisors Inc. Purchases 42,500 Shares of HomeTrust Bancshares, Inc. $HTB

Key Points

• Rosenthal Henry Capital Advisors increased its HomeTrust Bancshares position by 84.9%, buying 42,500 shares to hold 92,547 shares valued at approximately $4.24 million. Institutional investors collectively own 60.94% of the company.
• HomeTrust Bancshares reported quarterly earnings of $1.11 per share, exceeding analyst expectations of $0.88, on revenue of $55.95 million. Analysts expect full-year earnings of $3.90 per share.
• The company declared a quarterly dividend of $0.15 per share, equal to an annualized $0.60 payout and a 1.3% yield. Analysts maintain a “Moderate Buy” consensus with an average price target of $52.00, above the reported $46.86 share price.

Rosenthal Henry Capital Advisors Inc. raised its position in HomeTrust Bancshares, Inc. (NYSE:HTB - Free Report) by 84.9% during the third quarter, according to its most recent filing with the SEC. The firm owned 92,547 shares of the company's stock after purchasing an additional 42,500 shares during the period. HomeTrust Bancshares accounts for approximately 3.9% of Rosenthal Henry Capital Advisors Inc.'s portfolio, making the stock its 4th largest position. Rosenthal Henry Capital Advisors Inc. owned 0.55% of HomeTrust Bancshares worth $4,236,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Engineers Gate Manager LP acquired a new stake in shares of HomeTrust Bancshares during the 2nd quarter worth approximately $370,000. Squarepoint Ops LLC acquired a new stake in HomeTrust Bancshares in the second quarter worth $400,000. Susquehanna Fundamental Investments LLC increased its stake in HomeTrust Bancshares by 12.9% in the second quarter. Susquehanna Fundamental Investments LLC now owns 13,925 shares of the company's stock valued at $695,000 after purchasing an additional 1,589 shares in the last quarter. Two Sigma Securities LLC bought a new stake in HomeTrust Bancshares in the second quarter valued at $293,000. Finally, Empowered Funds LLC bought a new stake in HomeTrust Bancshares in the second quarter valued at $4,099,000. Institutional investors and hedge funds own 60.94% of the company's stock.

HomeTrust Bancshares Trading Down 0.6%

Shares of HomeTrust Bancshares stock opened at $46.86 on Thursday. The firm has a market cap of $782.30 million, a PE ratio of 11.80 and a beta of 0.81. HomeTrust Bancshares, Inc. has a 1 year low of $38.82 and a 1 year high of $52.50. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.11 and a quick ratio of 1.08. The stock has a fifty day moving average price of $46.77 and a 200-day moving average price of $46.14.

HomeTrust Bancshares (NYSE:HTB - Get Free Report) last issued its quarterly earnings results on Wednesday, October 21st. The company reported $1.11 earnings per share for the quarter, topping analysts' consensus estimates of $0.88 by $0.23. HomeTrust Bancshares had a net margin of 23.19% and a return on equity of 11.12%. The company had revenue of $55.95 million for the quarter. Equities research analysts anticipate that HomeTrust Bancshares, Inc. will post 3.90 EPS for the current year.

HomeTrust Bancshares Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, November 25th. Shareholders of record on Thursday, November 12th will be paid a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 1.3%. The ex-dividend date is Thursday, November 12th. HomeTrust Bancshares's payout ratio is presently 15.11%.

Analyst Ratings Changes

HTB has been the topic of several recent research reports. Raymond James Financial upgraded HomeTrust Bancshares to a "hold" rating in a report on Monday, October 5th. Wall Street Zen raised shares of HomeTrust Bancshares from a "sell" rating to a "hold" rating in a research report on Saturday, October 24th. Weiss Ratings reiterated a "buy (a-)" rating on shares of HomeTrust Bancshares in a research note on Wednesday, October 21st. Stephens lifted their target price on shares of HomeTrust Bancshares from $55.00 to $57.00 and gave the stock an "overweight" rating in a research report on Friday, August 21st. Finally, Keefe, Bruyette & Woods restated an "outperform" rating on shares of HomeTrust Bancshares in a research note on Wednesday, August 19th. One research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average target price of $52.00.

HomeTrust Bancshares Company Profile

HomeTrust Bancshares, Inc is the holding company for HomeTrust Bank, a community-focused financial institution headquartered in Asheville, North Carolina. The company provides banking services to individuals, families, businesses and nonprofit organizations through a network of branches and digital banking channels.

HomeTrust Bank offers deposit products such as checking, savings, money market and certificate of deposit accounts, along with residential mortgages, home equity loans, consumer lending and commercial loans.

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