Brandywine Global Investment Management LLC Lowers Stock Holdings in HomeTrust Bancshares, Inc. (NASDAQ:HTBI)

Brandywine Global Investment Management LLC lessened its holdings in shares of HomeTrust Bancshares, Inc. (NASDAQ:HTBI) by 4.8% during the fourth quarter, HoldingsChannel reports. The firm owned 41,848 shares of the financial services provider’s stock after selling 2,102 shares during the quarter. Brandywine Global Investment Management LLC’s holdings in HomeTrust Bancshares were worth $1,409,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in HTBI. JPMorgan Chase & Co. lifted its position in HomeTrust Bancshares by 14.4% during the fourth quarter. JPMorgan Chase & Co. now owns 109,278 shares of the financial services provider’s stock worth $3,680,000 after buying an additional 13,719 shares during the period. American Century Companies Inc. lifted its holdings in shares of HomeTrust Bancshares by 13.3% during the 4th quarter. American Century Companies Inc. now owns 329,246 shares of the financial services provider’s stock worth $11,089,000 after acquiring an additional 38,647 shares during the period. Rhumbline Advisers boosted its position in shares of HomeTrust Bancshares by 1.2% in the fourth 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 last quarter. Polaris Capital Management LLC purchased a new stake in HomeTrust Bancshares in the fourth quarter valued at approximately $4,069,000. Finally, Rosenthal Henry Capital Advisors Inc. increased its position in HomeTrust Bancshares by 97.7% during the fourth quarter. Rosenthal Henry Capital Advisors Inc. now owns 52,828 shares of the financial services provider’s stock worth $1,779,000 after purchasing an additional 26,100 shares during the last quarter. Institutional investors and hedge funds own 60.94% of the company’s stock.

HomeTrust Bancshares Price Performance

HTBI opened at $36.53 on Thursday. HomeTrust Bancshares, Inc. has a 52-week low of $23.55 and a 52-week high of $38.99. The company has a 50 day moving average of $36.81 and a two-hundred day moving average of $35.52. The company has a market cap of $640.28 million, a P/E ratio of 11.41 and a beta of 0.86. The company has a quick ratio of 1.06, a current ratio of 1.11 and a debt-to-equity ratio of 0.50.

HomeTrust Bancshares (NASDAQ:HTBI) last announced its quarterly earnings results on Thursday, January 23rd. The financial services provider reported $0.83 earnings per share 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%. On average, analysts expect that HomeTrust Bancshares, Inc. will post 3.02 earnings per share for the current year.

HomeTrust Bancshares Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, February 27th. Investors of record on Thursday, February 13th were issued a dividend of $0.12 per share. The ex-dividend date of this dividend was Thursday, February 13th. This represents a $0.48 annualized dividend and a dividend yield of 1.31%. HomeTrust Bancshares’s payout ratio is currently 15.00%.

Wall Street Analyst Weigh In

A number of brokerages have weighed in on HTBI. Keefe, Bruyette & Woods lifted their price target on shares of HomeTrust Bancshares from $39.00 to $43.00 and gave the company an “outperform” rating in a report on Wednesday, December 4th. StockNews.com initiated coverage on HomeTrust Bancshares in a research report on Saturday, March 29th. They set a “hold” rating for the company.

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 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.