Hometrust Bancshares Inc (NASDAQ:HTBI) Plans Quarterly Dividend of $0.06

Hometrust Bancshares Inc (NASDAQ:HTBI) declared a quarterly dividend on Wednesday, August 7th, NASDAQ reports. Stockholders of record on Thursday, August 22nd will be paid a dividend of 0.06 per share by the financial services provider on Thursday, September 5th. This represents a $0.24 annualized dividend and a dividend yield of 0.96%. The ex-dividend date is Wednesday, August 21st.

Shares of NASDAQ:HTBI opened at $24.89 on Friday. The firm has a 50 day moving average of $25.17 and a 200-day moving average of $25.67. The stock has a market capitalization of $470.16 million, a PE ratio of 17.75 and a beta of 0.35. The company has a current ratio of 1.32, a quick ratio of 1.31 and a debt-to-equity ratio of 1.67. Hometrust Bancshares has a 12 month low of $23.93 and a 12 month high of $30.00.

HTBI has been the subject of several analyst reports. Compass Point set a $31.00 target price on shares of Hometrust Bancshares and gave the company a “buy” rating in a research report on Friday, July 26th. BidaskClub upgraded shares of Hometrust Bancshares from a “hold” rating to a “buy” rating in a research report on Friday, August 2nd. Finally, TheStreet upgraded shares of Hometrust Bancshares from a “c+” rating to a “b-” rating in a research report on Tuesday, July 30th.

In related news, EVP Keith J. Houghton sold 4,000 shares of the company’s stock in a transaction that occurred on Thursday, June 13th. The shares were sold at an average price of $24.70, for a total transaction of $98,800.00. Following the completion of the transaction, the executive vice president now directly owns 8,743 shares in the company, valued at approximately $215,952.10. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. 7.10% of the stock is owned by corporate insiders.

About Hometrust Bancshares

HomeTrust Bancshares, Inc operates as the bank holding company for HomeTrust Bank that provides a range of retail and commercial banking products. Its deposit products include savings, money market, and demand accounts, as well as certificates of deposit for individuals, businesses, and nonprofit organizations.

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