Rutabaga Capital Managementma Lowers stake in Hometrust Bancshares Inc (HTBI)

Hometrust Bancshares Inc (HTBI) : Rutabaga Capital Managementma reduced its stake in Hometrust Bancshares Inc by 29.21% during the most recent quarter end. The investment management company now holds a total of 302,908 shares of Hometrust Bancshares Inc which is valued at $5,594,711 after selling 124,993 shares in Hometrust Bancshares Inc , the firm said in a disclosure report filed with the SEC on Aug 3, 2016.Hometrust Bancshares Inc makes up approximately 0.97% of Rutabaga Capital Managementma’s portfolio.

Other Hedge Funds, Including , Swiss National Bank reduced its stake in HTBI by selling 1,500 shares or 4.73% in the most recent quarter. The Hedge Fund company now holds 30,200 shares of HTBI which is valued at $557,794.Strs Ohio reduced its stake in HTBI by selling 34,300 shares or 50.0% in the most recent quarter. The Hedge Fund company now holds 34,300 shares of HTBI which is valued at $632,492. Bnp Paribas Arbitrage Sa added HTBI to its portfolio by purchasing 642 company shares during the most recent quarter which is valued at $11,710.

Hometrust Bancshares Inc opened for trading at $18.8 and hit $19.18 on the upside on Monday, eventually ending the session at $19.09, with a gain of 1.43% or 0.27 points. The heightened volatility saw the trading volume jump to 33,593 shares. Company has a market cap of $344 M.

HomeTrust Bancshares Inc. is a bank holding company. The Company operates through HomeTrust Bank (the Bank). The Bank is a federally chartered mutual savings bank with 20 retail offices located in North Carolina. The business of the Bank is conducted through its seven operating divisions: HomeTrust Bank Cherryville Federal Bank Home Savings Bank of Eden Industrial Federal Bank of Lexington Shelby Savings Bank Tryon Federal Bank and Rutherford County Bank. Its wholly owned subsidiary Western North Carolina Service Corporation (WNCSC) owns office buildings in Asheville and Hendersonville North Carolina that are leased to the Bank and several other tenants. In August 2014 the Company announced that HomeTrust Bank completes acquisition of Bank of Commerce.

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