Goepper Burkhardt LLC Makes New $1.22 Million Investment in HomeTrust Bancshares, Inc. $HTB

Goepper Burkhardt LLC bought a new stake in shares of HomeTrust Bancshares, Inc. (NYSE:HTB) in the first quarter, Holdings Channel reports. The firm bought 28,599 shares of the company’s stock, valued at approximately $1,220,000.

Several other institutional investors and hedge funds have also modified their holdings of HTB. Dimensional Fund Advisors LP acquired a new position in shares of HomeTrust Bancshares in the first quarter worth $35,667,000. Bank of New York Mellon Corp acquired a new stake in HomeTrust Bancshares during the first quarter valued at $2,926,000. Rosenthal Henry Capital Advisors Inc. acquired a new stake in HomeTrust Bancshares during the first quarter valued at $2,135,000. First Trust Advisors LP purchased a new position in HomeTrust Bancshares in the first quarter valued at about $1,821,000. Finally, Flywheel Private Wealth LLC purchased a new position in HomeTrust Bancshares in the first quarter valued at about $938,000. 60.94% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at HomeTrust Bancshares

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

HomeTrust Bancshares Stock Performance

HTB opened at $48.39 on Wednesday. The company has a market cap of $813.40 million, a P/E ratio of 12.50 and a beta of 0.80. The business’s 50-day moving average is $47.81. HomeTrust Bancshares, Inc. has a 52-week low of $37.30 and a 52-week high of $51.00. The company has a debt-to-equity ratio of 0.17, a quick ratio of 1.05 and a current ratio of 1.08.

HomeTrust Bancshares Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, May 28th. Investors of record on Thursday, May 14th were issued a $0.15 dividend. This is an increase from HomeTrust Bancshares’s previous quarterly dividend of $0.13. The ex-dividend date was Thursday, May 14th. This represents a $0.60 annualized dividend and a yield of 1.2%. HomeTrust Bancshares’s dividend payout ratio is presently 15.50%.

Wall Street Analyst Weigh In

HTB has been the subject of a number of recent research reports. Weiss Ratings reaffirmed a “buy (b+)” rating on shares of HomeTrust Bancshares in a research note on Wednesday, July 8th. Hovde Group increased their price objective on HomeTrust Bancshares from $46.50 to $47.00 and gave the stock a “market perform” rating in a report on Friday, April 24th. Finally, Wall Street Zen raised shares of HomeTrust Bancshares from a “sell” rating to a “hold” rating in a research report on Saturday, April 4th. One equities research analyst has rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat.com, HomeTrust Bancshares currently has a consensus rating of “Moderate Buy” and an average price target of $47.00.

HomeTrust Bancshares Company 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.