Hometrust Bancshares Inc (HTBI) Position Lowered by Victory Capital Management Inc.

Victory Capital Management Inc. decreased its stake in Hometrust Bancshares Inc (NASDAQ:HTBI) by 15.8% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 57,575 shares of the financial services provider’s stock after selling 10,810 shares during the period. Victory Capital Management Inc. owned approximately 0.30% of Hometrust Bancshares worth $1,678,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in HTBI. BlackRock Inc. raised its position in Hometrust Bancshares by 8.3% during the second quarter. BlackRock Inc. now owns 1,017,987 shares of the financial services provider’s stock worth $28,656,000 after acquiring an additional 78,148 shares during the last quarter. Impax Asset Management LLC raised its position in Hometrust Bancshares by 2.7% during the second quarter. Impax Asset Management LLC now owns 960,606 shares of the financial services provider’s stock worth $27,041,000 after acquiring an additional 25,000 shares during the last quarter. Renaissance Technologies LLC raised its position in Hometrust Bancshares by 6.5% during the second quarter. Renaissance Technologies LLC now owns 719,015 shares of the financial services provider’s stock worth $20,240,000 after acquiring an additional 44,000 shares during the last quarter. Private Capital Management LLC raised its position in Hometrust Bancshares by 2.5% during the second quarter. Private Capital Management LLC now owns 352,603 shares of the financial services provider’s stock worth $9,926,000 after acquiring an additional 8,673 shares during the last quarter. Finally, Northern Trust Corp raised its position in Hometrust Bancshares by 10.1% during the second quarter. Northern Trust Corp now owns 211,614 shares of the financial services provider’s stock worth $5,957,000 after acquiring an additional 19,347 shares during the last quarter. Hedge funds and other institutional investors own 62.58% of the company’s stock.

NASDAQ:HTBI opened at $26.19 on Monday. The company has a quick ratio of 1.33, a current ratio of 1.34 and a debt-to-equity ratio of 1.63. The company has a market capitalization of $488.69 million, a PE ratio of 18.98 and a beta of 0.43. Hometrust Bancshares Inc has a 1-year low of $24.20 and a 1-year high of $30.00.

Hometrust Bancshares (NASDAQ:HTBI) last posted its quarterly earnings data on Monday, October 29th. The financial services provider reported $0.41 earnings per share for the quarter, beating analysts’ consensus estimates of $0.40 by $0.01. The business had revenue of $31.89 million during the quarter, compared to analyst estimates of $31.64 million. Hometrust Bancshares had a net margin of 7.38% and a return on equity of 6.93%.

The company also recently disclosed a special dividend, which will be paid on Thursday, December 6th. Stockholders of record on Wednesday, November 21st will be given a $0.06 dividend. The ex-dividend date of this dividend is Tuesday, November 20th. Hometrust Bancshares’s dividend payout ratio is presently 17.39%.

A number of brokerages have issued reports on HTBI. BidaskClub cut shares of Hometrust Bancshares from a “hold” rating to a “sell” rating in a research report on Wednesday, October 24th. TheStreet cut shares of Hometrust Bancshares from a “b-” rating to a “c+” rating in a research report on Monday, September 17th.

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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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