First Trust Advisors LP Purchases 7,712 Shares of Hometrust Bancshares Inc (HTBI)

First Trust Advisors LP raised its position in shares of Hometrust Bancshares Inc (NASDAQ:HTBI) by 20.0% in the second quarter, HoldingsChannel reports. The firm owned 46,326 shares of the financial services provider’s stock after buying an additional 7,712 shares during the period. First Trust Advisors LP’s holdings in Hometrust Bancshares were worth $1,304,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of the company. SG Americas Securities LLC bought a new position in shares of Hometrust Bancshares in the 1st quarter valued at approximately $124,000. Brown Advisory Inc. bought a new position in shares of Hometrust Bancshares in the 1st quarter valued at approximately $277,000. California Public Employees Retirement System raised its stake in shares of Hometrust Bancshares by 108.3% in the 1st quarter. California Public Employees Retirement System now owns 18,539 shares of the financial services provider’s stock valued at $483,000 after acquiring an additional 9,639 shares in the last quarter. Acadian Asset Management LLC raised its stake in shares of Hometrust Bancshares by 254.2% in the 2nd quarter. Acadian Asset Management LLC now owns 19,338 shares of the financial services provider’s stock valued at $544,000 after acquiring an additional 13,879 shares in the last quarter. Finally, Federated Investors Inc. PA raised its stake in shares of Hometrust Bancshares by 17.6% in the 1st quarter. Federated Investors Inc. PA now owns 52,517 shares of the financial services provider’s stock valued at $1,368,000 after acquiring an additional 7,847 shares in the last quarter. 60.84% of the stock is owned by institutional investors.

Shares of HTBI stock opened at $29.20 on Friday. The company has a current ratio of 1.30, a quick ratio of 1.30 and a debt-to-equity ratio of 1.56. Hometrust Bancshares Inc has a twelve month low of $23.95 and a twelve month high of $30.00. The company has a market capitalization of $547.32 million, a P/E ratio of 20.83 and a beta of 0.31.



Hometrust Bancshares (NASDAQ:HTBI) last issued its quarterly earnings data on Friday, July 27th. The financial services provider reported $0.36 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.35 by $0.01. Hometrust Bancshares had a return on equity of 6.46% and a net margin of 6.04%. The business had revenue of $30.97 million for the quarter, compared to the consensus estimate of $29.96 million.

HTBI has been the topic of a number of recent analyst reports. BidaskClub downgraded Hometrust Bancshares from a “buy” rating to a “hold” rating in a research note on Tuesday, July 10th. TheStreet raised Hometrust Bancshares from a “c” rating to a “b-” rating in a research note on Friday, August 10th.

In other Hometrust Bancshares news, Director Craig C. Koontz sold 8,000 shares of Hometrust Bancshares stock in a transaction that occurred on Friday, August 10th. The stock was sold at an average price of $29.50, for a total value of $236,000.00. Following the transaction, the director now directly owns 39,729 shares of the company’s stock, valued at approximately $1,172,005.50. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, EVP Howard L. Sellinger sold 10,000 shares of Hometrust Bancshares stock in a transaction that occurred on Tuesday, August 7th. The stock was sold at an average price of $29.30, for a total value of $293,000.00. Following the completion of the transaction, the executive vice president now directly owns 32,983 shares in the company, valued at $966,401.90. The disclosure for this sale can be found here. Insiders own 6.34% 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 consist of savings, money market, and demand accounts, as well as certificates of deposit for individuals, businesses, and nonprofit organizations.

See Also: Diversification

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Institutional Ownership by Quarter for Hometrust Bancshares (NASDAQ:HTBI)

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