Goldman Sachs Group Inc. boosted its holdings in shares of HomeTrust Bancshares, Inc. (NASDAQ:HTBI) by 8.5% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 23,611 shares of the financial services provider’s stock after purchasing an additional 1,848 shares during the period. Goldman Sachs Group Inc. owned about 0.12% of HomeTrust Bancshares worth $576,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Russell Investments Group Ltd. lifted its stake in HomeTrust Bancshares by 160.3% during the second quarter. Russell Investments Group Ltd. now owns 8,275 shares of the financial services provider’s stock worth $202,000 after purchasing an additional 5,096 shares during the last quarter. American International Group Inc. lifted its stake in HomeTrust Bancshares by 7.0% during the first quarter. American International Group Inc. now owns 10,178 shares of the financial services provider’s stock worth $239,000 after purchasing an additional 663 shares during the last quarter. Salzhauer Michael bought a new stake in HomeTrust Bancshares during the second quarter worth $244,000. Los Angeles Capital Management & Equity Research Inc. lifted its stake in HomeTrust Bancshares by 1.0% during the second quarter. Los Angeles Capital Management & Equity Research Inc. now owns 10,350 shares of the financial services provider’s stock worth $253,000 after purchasing an additional 100 shares during the last quarter. Finally, Alliancebernstein L.P. bought a new stake in HomeTrust Bancshares during the second quarter worth $288,000. Hedge funds and other institutional investors own 59.87% of the company’s stock.
HomeTrust Bancshares, Inc. (NASDAQ HTBI) opened at $25.15 on Friday. The stock has a market cap of $476.89, a price-to-earnings ratio of 25.40 and a beta of 0.35. The company has a debt-to-equity ratio of 1.76, a quick ratio of 1.32 and a current ratio of 1.32. HomeTrust Bancshares, Inc. has a 1-year low of $19.05 and a 1-year high of $27.05.
HomeTrust Bancshares (NASDAQ:HTBI) last announced its quarterly earnings results on Monday, October 30th. The financial services provider reported $0.30 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.27 by $0.03. The company had revenue of $29.16 million during the quarter, compared to the consensus estimate of $30.00 million. HomeTrust Bancshares had a net margin of 11.28% and a return on equity of 4.77%.
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Several research firms have weighed in on HTBI. Keefe, Bruyette & Woods restated a “hold” rating and set a $27.00 target price on shares of HomeTrust Bancshares in a research note on Tuesday, October 3rd. BidaskClub cut HomeTrust Bancshares from a “hold” rating to a “sell” rating in a research note on Thursday, July 27th.
HomeTrust Bancshares Company Profile
HomeTrust Bancshares, Inc is a bank holding company of HomeTrust Bank (the Bank). The Bank’s principal business consists of attracting deposits from the public and investing those funds, along with borrowed funds, in loans secured primarily by first and second mortgages on one- to four-family residences, including home equity loans, construction and land/lot loans, commercial real estate loans, construction and development loans, commercial and industrial loans, indirect automobile, and municipal leases.
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