Rosenthal Henry Capital Advisors Inc. Buys Shares of 50,047 HomeTrust Bancshares, Inc. $HTB

Rosenthal Henry Capital Advisors Inc. purchased a new position in shares of HomeTrust Bancshares, Inc. (NYSE:HTB) in the 1st quarter, HoldingsChannel reports. The firm purchased 50,047 shares of the company’s stock, valued at approximately $2,135,000. HomeTrust Bancshares accounts for about 2.1% of Rosenthal Henry Capital Advisors Inc.’s portfolio, making the stock its 21st biggest holding.

A number of other institutional investors also recently modified their holdings of the company. CrossGen Wealth LLC acquired a new stake in shares of HomeTrust Bancshares during the first quarter worth $91,000. Sterling Capital Management LLC acquired a new position in HomeTrust Bancshares in the first quarter valued at $105,000. Hsbc Holdings PLC bought a new stake in HomeTrust Bancshares during the fourth quarter valued at $389,000. Finally, Flywheel Private Wealth LLC bought a new stake in HomeTrust Bancshares during the first quarter valued at $938,000. 60.94% of the stock is owned by institutional investors.

HomeTrust Bancshares Trading Up 1.7%

NYSE:HTB opened at $50.72 on Thursday. HomeTrust Bancshares, Inc. has a 12 month low of $37.30 and a 12 month high of $50.89. The company has a debt-to-equity ratio of 0.17, a current ratio of 1.08 and a quick ratio of 1.05. The firm has a market capitalization of $852.57 million, a PE ratio of 13.11 and a beta of 0.80. The business has a fifty day moving average of $46.91.

HomeTrust Bancshares Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, May 28th. Stockholders of record on Thursday, May 14th were given a dividend of $0.15 per share. This is a boost from HomeTrust Bancshares’s previous quarterly dividend of $0.13. The ex-dividend date of this dividend was Thursday, May 14th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 1.2%. HomeTrust Bancshares’s payout ratio is currently 15.50%.

Insider Activity

In other news, EVP Kristin Y. Powell sold 1,000 shares of the business’s stock in a transaction that occurred on Wednesday, May 27th. The stock was sold at an average price of $46.78, for a total transaction of $46,780.00. Following the completion of the sale, the executive vice president owned 21,595 shares in the company, valued at $1,010,214.10. The trade was a 4.43% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CEO Hunter Westbrook sold 3,904 shares of the company’s stock in a transaction that occurred on Thursday, May 7th. The stock was sold at an average price of $46.17, for a total value of $180,247.68. Following the transaction, the chief executive officer directly owned 105,828 shares in the company, valued at $4,886,078.76. The trade was a 3.56% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 61,000 shares of company stock valued at $2,794,550. 11.02% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

Several research analysts have recently weighed in on the company. Hovde Group lifted their price objective on HomeTrust Bancshares from $46.50 to $47.00 and gave the stock a “market perform” rating in a research report on Friday, April 24th. Wall Street Zen raised HomeTrust Bancshares from a “sell” rating to a “hold” rating in a research note on Saturday, April 4th. One research analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $47.00.

HomeTrust Bancshares Profile

HomeTrust Bancshares, Inc is the bank holding company for HomeTrust Bank, a regional community bank that provides a range of commercial and consumer banking services. Through its subsidiary bank, the company offers traditional deposit and lending products, including checking and savings accounts, certificates of deposit, residential mortgages, home equity lending, and business loans. HomeTrust also delivers treasury management and payment services for small and midsize businesses, along with digital banking tools to support day-to-day account access and payments.

The company’s product set extends beyond core banking to include wealth management and trust services, commercial real estate financing, and specialized lending for agriculture and construction where relevant to local markets.