HomeTrust Bancshares, Inc. (NASDAQ:HTBI) Director Sidney A. Biesecker Sells 6,000 Shares of Stock

HomeTrust Bancshares, Inc. (NASDAQ:HTBIGet Rating) Director Sidney A. Biesecker sold 6,000 shares of the business’s stock in a transaction that occurred on Friday, November 18th. The stock was sold at an average price of $24.79, for a total value of $148,740.00. Following the transaction, the director now directly owns 32,581 shares in the company, valued at approximately $807,682.99. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

HomeTrust Bancshares Trading Up 0.6 %

HTBI stock opened at $24.93 on Tuesday. The firm has a market capitalization of $389.61 million, a PE ratio of 11.44 and a beta of 0.60. HomeTrust Bancshares, Inc. has a 1-year low of $21.55 and a 1-year high of $32.60. The business’s 50 day simple moving average is $23.30 and its 200 day simple moving average is $24.46.

HomeTrust Bancshares Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 1st. Investors of record on Thursday, November 17th will be issued a dividend of $0.10 per share. The ex-dividend date is Wednesday, November 16th. This is a positive change from HomeTrust Bancshares’s previous quarterly dividend of $0.09. This represents a $0.40 dividend on an annualized basis and a dividend yield of 1.60%. HomeTrust Bancshares’s payout ratio is presently 18.35%.

Wall Street Analyst Weigh In

Several research analysts have weighed in on HTBI shares. Raymond James started coverage on HomeTrust Bancshares in a research report on Thursday, September 1st. They set an “outperform” rating and a $30.00 price target on the stock. StockNews.com started coverage on HomeTrust Bancshares in a research report on Wednesday, October 12th. They set a “buy” rating on the stock. Finally, Compass Point lowered HomeTrust Bancshares from a “buy” rating to a “neutral” rating and set a $25.00 price target on the stock. in a research report on Tuesday, July 26th.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the business. Captrust Financial Advisors increased its holdings in shares of HomeTrust Bancshares by 121.8% during the 2nd quarter. Captrust Financial Advisors now owns 123,754 shares of the financial services provider’s stock worth $3,094,000 after acquiring an additional 67,965 shares during the last quarter. Summit Global Investments boosted its stake in HomeTrust Bancshares by 17.3% in the 2nd quarter. Summit Global Investments now owns 16,300 shares of the financial services provider’s stock valued at $408,000 after purchasing an additional 2,400 shares during the period. M3F Inc. boosted its stake in HomeTrust Bancshares by 98.0% in the 2nd quarter. M3F Inc. now owns 243,495 shares of the financial services provider’s stock valued at $6,087,000 after purchasing an additional 120,528 shares during the period. SG Americas Securities LLC bought a new stake in HomeTrust Bancshares in the 2nd quarter valued at $127,000. Finally, Nisa Investment Advisors LLC boosted its stake in HomeTrust Bancshares by 13.5% in the 2nd quarter. Nisa Investment Advisors LLC now owns 3,520 shares of the financial services provider’s stock valued at $88,000 after purchasing an additional 420 shares during the period. 59.30% of the stock is owned by institutional investors and hedge funds.

HomeTrust Bancshares Company Profile

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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, businesses, and nonprofit organizations.

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Insider Buying and Selling by Quarter for HomeTrust Bancshares (NASDAQ:HTBI)

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