Strs Ohio Has $743,000 Stake in Hometrust Bancshares Inc (HTBI)

Strs Ohio trimmed its stake in shares of Hometrust Bancshares Inc (NASDAQ:HTBI) by 11.1% in the third quarter, Holdings Channel reports. The fund owned 25,500 shares of the financial services provider’s stock after selling 3,200 shares during the quarter. Strs Ohio’s holdings in Hometrust Bancshares were worth $743,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently modified their holdings of HTBI. MetLife Investment Advisors LLC increased its holdings in Hometrust Bancshares by 32.4% in the second quarter. MetLife Investment Advisors LLC now owns 8,531 shares of the financial services provider’s stock worth $240,000 after purchasing an additional 2,087 shares in the last quarter. Brown Advisory Inc. bought a new stake in Hometrust Bancshares in the first quarter worth approximately $277,000. FSI Group LLC increased its holdings in Hometrust Bancshares by 77.8% in the second quarter. FSI Group LLC now owns 13,398 shares of the financial services provider’s stock worth $377,000 after purchasing an additional 5,862 shares in the last quarter. Citadel Advisors LLC bought a new stake in Hometrust Bancshares in the second quarter worth approximately $378,000. Finally, Royce & Associates LP bought a new stake in Hometrust Bancshares in the second quarter worth approximately $422,000. Institutional investors own 61.01% of the company’s stock.

A number of equities research analysts have weighed in on the company. TheStreet upgraded Hometrust Bancshares from a “c+” rating to a “b+” rating in a report on Wednesday, October 31st. BidaskClub upgraded Hometrust Bancshares from a “sell” rating to a “hold” rating in a report on Wednesday, October 31st.

Shares of HTBI stock opened at $27.66 on Wednesday. The company has a market capitalization of $521.14 million, a price-to-earnings ratio of 20.04 and a beta of 0.43. The company has a quick ratio of 1.31, a current ratio of 1.31 and a debt-to-equity ratio of 1.56. Hometrust Bancshares Inc has a fifty-two week low of $24.20 and a fifty-two week high of $30.00.

Hometrust Bancshares (NASDAQ:HTBI) last issued its earnings results on Monday, October 29th. The financial services provider reported $0.41 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.40 by $0.01. The business had revenue of $31.89 million during the quarter, compared to the consensus estimate of $31.64 million. Hometrust Bancshares had a return on equity of 6.99% and a net margin of 7.38%.

The firm also recently announced a special dividend, which will be paid on Thursday, December 6th. Shareholders of record on Wednesday, November 21st will be issued a $0.06 dividend. The ex-dividend date of this dividend is Tuesday, November 20th.

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 completion of the sale, the director now directly owns 39,729 shares in the company, valued at $1,172,005.50. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Insiders own 7.10% of the company’s stock.

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About Hometrust Bancshares

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 include savings, money market, and demand accounts, as well as certificates of deposit for individuals, businesses, and nonprofit organizations.

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

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