Royal Bank of Canada cut its stake in HomeTrust Bancshares, Inc. (NASDAQ:HTBI) by 6.9% in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 6,159 shares of the financial services provider’s stock after selling 455 shares during the quarter. Royal Bank of Canada’s holdings in HomeTrust Bancshares were worth $150,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Russell Investments Group Ltd. grew its position in shares of HomeTrust Bancshares by 160.3% in the second quarter. Russell Investments Group Ltd. now owns 8,275 shares of the financial services provider’s stock valued at $202,000 after purchasing an additional 5,096 shares in the last quarter. Los Angeles Capital Management & Equity Research Inc. grew its position in shares of HomeTrust Bancshares by 1.0% in the second quarter. Los Angeles Capital Management & Equity Research Inc. now owns 10,350 shares of the financial services provider’s stock valued at $253,000 after purchasing an additional 100 shares in the last quarter. Alliancebernstein L.P. purchased a new position in shares of HomeTrust Bancshares in the second quarter valued at $288,000. Ameriprise Financial Inc. purchased a new position in shares of HomeTrust Bancshares in the second quarter valued at $291,000. Finally, IndexIQ Advisors LLC purchased a new position in shares of HomeTrust Bancshares in the second quarter valued at $492,000. Institutional investors own 62.14% of the company’s stock.

HomeTrust Bancshares, Inc. (NASDAQ HTBI) opened at $26.30 on Friday. HomeTrust Bancshares, Inc. has a 52-week low of $21.40 and a 52-week high of $27.05. The company has a debt-to-equity ratio of 1.68, a quick ratio of 1.32 and a current ratio of 1.32. The company has a market capitalization of $498.70, a PE ratio of 26.57 and a beta of 0.35.

HomeTrust Bancshares (NASDAQ:HTBI) last posted its earnings results on Monday, October 30th. The financial services provider reported $0.30 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.27 by $0.03. HomeTrust Bancshares had a return on equity of 4.71% and a net margin of 11.28%. The business had revenue of $29.16 million during the quarter, compared to analysts’ expectations of $30.00 million.

HTBI has been the subject of several recent research reports. TheStreet upgraded HomeTrust Bancshares from a “c” rating to a “b-” rating in a research report on Friday, November 17th. Keefe, Bruyette & Woods reiterated a “hold” rating and issued a $27.00 price target on shares of HomeTrust Bancshares in a research report on Tuesday, October 3rd. Finally, BidaskClub cut HomeTrust Bancshares from a “sell” rating to a “strong sell” rating in a research report on Saturday, August 5th.

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

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