Home Bancorp, Inc. (NASDAQ:HBCP) CEO John W. Bordelon sold 15,578 shares of Home Bancorp stock in a transaction on Friday, October 27th. The stock was sold at an average price of $43.59, for a total value of $679,045.02. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.
Home Bancorp, Inc. (NASDAQ HBCP) opened at 42.84 on Wednesday. Home Bancorp, Inc. has a 52 week low of $27.50 and a 52 week high of $47.20. The company has a 50-day moving average of $42.29 and a 200 day moving average of $39.72. The firm has a market cap of $317.10 million, a P/E ratio of 17.00 and a beta of 0.11.
Home Bancorp (NASDAQ:HBCP) last announced its earnings results on Tuesday, October 24th. The bank reported $0.59 EPS for the quarter, missing the consensus estimate of $0.63 by ($0.04). Home Bancorp had a net margin of 22.54% and a return on equity of 9.83%. The company had revenue of $18.25 million for the quarter, compared to analysts’ expectations of $18.54 million. On average, equities analysts predict that Home Bancorp, Inc. will post $2.55 earnings per share for the current year.
The business also recently announced a quarterly dividend, which will be paid on Friday, November 17th. Stockholders of record on Monday, November 6th will be issued a dividend of $0.14 per share. This represents a $0.56 annualized dividend and a dividend yield of 1.31%. The ex-dividend date is Friday, November 3rd. Home Bancorp’s dividend payout ratio is 22.67%.
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Hedge funds and other institutional investors have recently made changes to their positions in the company. Strs Ohio lifted its holdings in shares of Home Bancorp by 6.1% during the second quarter. Strs Ohio now owns 10,400 shares of the bank’s stock valued at $442,000 after purchasing an additional 600 shares during the last quarter. SG Americas Securities LLC purchased a new stake in shares of Home Bancorp during the first quarter valued at $259,000. Chicago Equity Partners LLC purchased a new stake in shares of Home Bancorp during the second quarter valued at $752,000. Eagle Global Advisors LLC purchased a new stake in shares of Home Bancorp during the second quarter valued at $290,000. Finally, Renaissance Technologies LLC lifted its holdings in shares of Home Bancorp by 9.2% during the first quarter. Renaissance Technologies LLC now owns 150,100 shares of the bank’s stock valued at $5,066,000 after purchasing an additional 12,600 shares during the last quarter. 42.86% of the stock is owned by institutional investors and hedge funds.
Several research analysts recently weighed in on the stock. Zacks Investment Research downgraded shares of Home Bancorp from a “buy” rating to a “hold” rating in a research note on Tuesday, July 4th. UBS AG downgraded shares of Home Bancorp from an “outperform” rating to a “market perform” rating in a research note on Wednesday, July 26th. BidaskClub downgraded shares of Home Bancorp from a “hold” rating to a “sell” rating in a research note on Friday, July 28th. Sandler O’Neill reissued a “hold” rating and issued a $46.00 target price on shares of Home Bancorp in a research note on Wednesday, October 18th. Finally, Raymond James Financial, Inc. downgraded shares of Home Bancorp from an “outperform” rating to a “market perform” rating in a research note on Wednesday, July 26th. One equities research analyst has rated the stock with a sell rating and four have assigned a hold rating to the stock. The company has an average rating of “Hold” and a consensus price target of $47.00.
About Home Bancorp
Home Bancorp, Inc is a bank holding company for Home Bank, N.A. (the Bank). The Bank conducts business through banking offices in the Greater Lafayette, Baton Rouge, Greater New Orleans and Northshore (of Lake Pontchartrain) regions of south Louisiana and the Natchez and Vicksburg regions of west Mississippi.
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