Kennedy Capital Management Inc. increased its holdings in shares of HomeTrust Bancshares, Inc. (NASDAQ:HTBI) by 5.3% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 311,645 shares of the financial services provider’s stock after buying an additional 15,785 shares during the quarter. Kennedy Capital Management Inc. owned 1.74% of HomeTrust Bancshares worth $7,604,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also modified their holdings of HTBI. Nine Chapters Capital Management LLC purchased a new position in shares of HomeTrust Bancshares during the first quarter valued at $202,000. Russell Investments Group Ltd. grew its holdings in shares of 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 valued at $202,000 after buying an additional 5,096 shares in the last quarter. American International Group Inc. grew its holdings in shares of 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 valued at $239,000 after buying an additional 663 shares in the last quarter. Salzhauer Michael purchased a new position in shares of HomeTrust Bancshares during the second quarter valued at $244,000. Finally, TFS Capital LLC purchased a new position in shares of HomeTrust Bancshares during the first quarter valued at $249,000. Institutional investors and hedge funds own 59.78% of the company’s stock.

HomeTrust Bancshares, Inc. (NASDAQ HTBI) opened at 23.20 on Monday. The firm has a 50-day moving average price of $23.29 and a 200-day moving average price of $24.09. The stock has a market cap of $416.12 million, a P/E ratio of 35.69 and a beta of 0.32. HomeTrust Bancshares, Inc. has a 52 week low of $17.28 and a 52 week high of $27.05.

HomeTrust Bancshares (NASDAQ:HTBI) last released its earnings results on Wednesday, July 26th. The financial services provider reported $0.25 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.27 by $0.02. The firm had revenue of $28.63 million for the quarter, compared to the consensus estimate of $29.53 million. HomeTrust Bancshares had a return on equity of 4.57% and a net margin of 10.31%. On average, equities research analysts predict that HomeTrust Bancshares, Inc. will post $1.24 EPS for the current year.

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A number of research analysts have recently weighed in on the company. BidaskClub downgraded HomeTrust Bancshares from a “sell” rating to a “strong sell” rating in a report on Saturday, August 5th. Compass Point assumed coverage on HomeTrust Bancshares in a report on Thursday, May 18th. They set a “buy” rating and a $29.00 price target on the stock. One investment analyst has rated the stock with a sell rating, one has issued a hold rating and one has assigned a buy rating to the company. HomeTrust Bancshares has a consensus rating of “Hold” and a consensus price target of $27.50.

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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