HomeTrust Bancshares (NASDAQ:HTBI) Stock Price Crosses Above Two Hundred Day Moving Average of $24.06

HomeTrust Bancshares, Inc. (NASDAQ:HTBIGet Rating) shares crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $24.06 and traded as high as $24.50. HomeTrust Bancshares shares last traded at $24.13, with a volume of 32,497 shares trading hands.

Analyst Ratings Changes

Separately, StockNews.com downgraded shares of HomeTrust Bancshares from a “buy” rating to a “hold” rating in a research report on Wednesday.

HomeTrust Bancshares Price Performance

The firm’s fifty day moving average price is $24.57 and its 200-day moving average price is $24.06. The company has a market capitalization of $377.10 million, a price-to-earnings ratio of 11.07 and a beta of 0.62.

HomeTrust Bancshares (NASDAQ:HTBIGet Rating) last announced its quarterly earnings results on Wednesday, October 26th. The financial services provider reported $0.60 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.55 by $0.05. The company had revenue of $41.93 million during the quarter, compared to the consensus estimate of $38.04 million. HomeTrust Bancshares had a net margin of 21.59% and a return on equity of 8.68%. On average, research analysts predict that HomeTrust Bancshares, Inc. will post 2.94 earnings per share for the current year.

HomeTrust Bancshares Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, December 1st. Stockholders of record on Thursday, November 17th were issued a dividend of $0.10 per share. The ex-dividend date was Wednesday, November 16th. This is an increase from HomeTrust Bancshares’s previous quarterly dividend of $0.09. This represents a $0.40 annualized dividend and a dividend yield of 1.66%. HomeTrust Bancshares’s dividend payout ratio is 18.35%.

Insider Transactions at HomeTrust Bancshares

In related news, Director Sidney A. Biesecker sold 6,000 shares of the business’s stock in a transaction on Friday, November 18th. The shares were sold at an average price of $24.79, for a total value of $148,740.00. Following the sale, the director now owns 32,581 shares of the company’s stock, valued at $807,682.99. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. In related news, Director Sidney A. Biesecker sold 6,000 shares of the business’s stock in a transaction on Friday, November 18th. The shares were sold at an average price of $24.79, for a total value of $148,740.00. Following the sale, the director now owns 32,581 shares of the company’s stock, valued at $807,682.99. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, CFO Tony J. Vuncannon sold 2,672 shares of the business’s stock in a transaction on Tuesday, December 27th. The stock was sold at an average price of $24.38, for a total transaction of $65,143.36. Following the completion of the sale, the chief financial officer now directly owns 46,666 shares in the company, valued at approximately $1,137,717.08. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 20,254 shares of company stock worth $498,787. Corporate insiders own 6.95% of the company’s stock.

Institutional Trading of HomeTrust Bancshares

Several institutional investors have recently modified their holdings of the business. Bank of New York Mellon Corp grew its stake in shares of HomeTrust Bancshares by 8.7% in the third quarter. Bank of New York Mellon Corp now owns 73,372 shares of the financial services provider’s stock worth $1,621,000 after purchasing an additional 5,903 shares during the last quarter. Summit Global Investments boosted its position in HomeTrust Bancshares by 17.2% during the third quarter. Summit Global Investments now owns 19,100 shares of the financial services provider’s stock valued at $422,000 after acquiring an additional 2,800 shares during the last quarter. Thrivent Financial for Lutherans boosted its position in HomeTrust Bancshares by 16.5% during the third quarter. Thrivent Financial for Lutherans now owns 130,844 shares of the financial services provider’s stock valued at $2,892,000 after acquiring an additional 18,572 shares during the last quarter. Two Sigma Advisers LP boosted its position in HomeTrust Bancshares by 57.1% during the third quarter. Two Sigma Advisers LP now owns 78,100 shares of the financial services provider’s stock valued at $1,726,000 after acquiring an additional 28,400 shares during the last quarter. Finally, Two Sigma Investments LP boosted its position in HomeTrust Bancshares by 55.7% during the third quarter. Two Sigma Investments LP now owns 74,383 shares of the financial services provider’s stock valued at $1,644,000 after acquiring an additional 26,596 shares during the last quarter. Institutional investors own 58.64% of the company’s stock.

HomeTrust Bancshares Company Profile

(Get Rating)

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.

See Also

Receive News & Ratings for HomeTrust Bancshares Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for HomeTrust Bancshares and related companies with MarketBeat.com's FREE daily email newsletter.