OxFORD Asset Management LLP raised its stake in Home Bancorp, Inc. (NASDAQ:HBCP) by 15.4% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 22,761 shares of the bank’s stock after buying an additional 3,031 shares during the quarter. OxFORD Asset Management LLP owned 0.31% of Home Bancorp worth $955,000 at the end of the most recent reporting period.
A number of other institutional investors also recently added to or reduced their stakes in HBCP. SG Americas Securities LLC bought a new stake in Home Bancorp in the 3rd quarter valued at $147,000. JPMorgan Chase & Co. bought a new position in shares of Home Bancorp during the 3rd quarter worth about $165,000. Wells Fargo & Company MN lifted its holdings in shares of Home Bancorp by 3.1% during the 2nd quarter. Wells Fargo & Company MN now owns 4,438 shares of the bank’s stock worth $189,000 after acquiring an additional 133 shares during the period. Russell Investments Group Ltd. lifted its holdings in shares of Home Bancorp by 105.4% during the 2nd quarter. Russell Investments Group Ltd. now owns 4,930 shares of the bank’s stock worth $210,000 after acquiring an additional 2,530 shares during the period. Finally, Green Square Capital LLC bought a new position in shares of Home Bancorp during the 2nd quarter worth about $228,000. Hedge funds and other institutional investors own 42.13% of the company’s stock.
HBCP has been the subject of several analyst reports. Zacks Investment Research upgraded shares of Home Bancorp from a “hold” rating to a “strong-buy” rating and set a $48.00 price target for the company in a research report on Wednesday, September 27th. Sandler O’Neill reiterated a “hold” rating and set a $46.00 price target on shares of Home Bancorp in a research report on Wednesday, October 18th. Finally, BidaskClub upgraded shares of Home Bancorp from a “sell” rating to a “hold” rating in a research report on Saturday, December 9th. Five investment analysts have rated the stock with a hold rating, Home Bancorp currently has a consensus rating of “Hold” and an average price target of $47.00.
Home Bancorp (NASDAQ:HBCP) last issued its earnings results on Tuesday, October 24th. The bank reported $0.59 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.63 by ($0.04). Home Bancorp had a return on equity of 9.72% and a net margin of 22.54%. The firm had revenue of $18.25 million for the quarter, compared to analyst estimates of $18.54 million. analysts anticipate that Home Bancorp, Inc. will post 2.54 EPS for the current year.
In related news, Director Kathy J. Bobbs bought 600 shares of the company’s stock in a transaction dated Thursday, December 14th. The stock was purchased at an average price of $43.09 per share, with a total value of $25,854.00. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO John W. Bordelon sold 15,578 shares of the stock in a transaction dated Friday, October 27th. The stock was sold at an average price of $43.59, for a total transaction of $679,045.02. The disclosure for this sale can be found here. Insiders sold 30,000 shares of company stock worth $1,301,152 over the last 90 days. 15.50% of the stock is currently owned by corporate insiders.
Home Bancorp Company Profile
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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