Maltese Capital Management LLC Increases Stake in HomeTrust Bancshares, Inc. (HTBI)

Maltese Capital Management LLC lifted its holdings in HomeTrust Bancshares, Inc. (NASDAQ:HTBI) by 8.0% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 314,291 shares of the financial services provider’s stock after purchasing an additional 23,400 shares during the quarter. Maltese Capital Management LLC owned 1.66% of HomeTrust Bancshares worth $8,062,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in HTBI. SG Americas Securities LLC bought a new stake in shares of HomeTrust Bancshares in the third quarter worth $106,000. Russell Investments Group Ltd. increased its holdings 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 buying an additional 5,096 shares during the last quarter. Los Angeles Capital Management & Equity Research Inc. increased its holdings 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 buying an additional 100 shares during the last quarter. Alliancebernstein L.P. acquired a new position in HomeTrust Bancshares during the second quarter worth $288,000. Finally, Ameriprise Financial Inc. acquired a new position in HomeTrust Bancshares during the second quarter worth $291,000. 60.33% of the stock is currently owned by institutional investors and hedge funds.

A number of equities analysts recently weighed in on the stock. BidaskClub upgraded shares of HomeTrust Bancshares from a “hold” rating to a “buy” rating in a report on Wednesday. TheStreet upgraded shares of HomeTrust Bancshares from a “c” rating to a “b-” rating in a report on Friday, November 17th. Finally, Keefe, Bruyette & Woods restated a “hold” rating and set a $27.00 target price on shares of HomeTrust Bancshares in a report on Tuesday, October 3rd.

HomeTrust Bancshares, Inc. (NASDAQ HTBI) opened at $26.50 on Thursday. The firm has a market cap of $509.13, a price-to-earnings ratio of 27.12 and a beta of 0.34. HomeTrust Bancshares, Inc. has a fifty-two week low of $21.40 and a fifty-two week high of $27.80. The company has a current ratio of 1.32, a quick ratio of 1.32 and a debt-to-equity ratio of 1.68.

HomeTrust Bancshares (NASDAQ:HTBI) last issued its earnings results on Monday, October 30th. The financial services provider reported $0.30 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.27 by $0.03. The business had revenue of $29.16 million for 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 4.71%.

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

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