Home Bancorp, Inc. (NASDAQ:HBCP) – Investment analysts at FIG Partners lowered their Q1 2018 earnings per share (EPS) estimates for shares of Home Bancorp in a note issued to investors on Wednesday. FIG Partners analyst C. Marinac now expects that the bank will earn $0.52 per share for the quarter, down from their prior estimate of $0.63. FIG Partners also issued estimates for Home Bancorp’s Q2 2018 earnings at $0.63 EPS, Q3 2018 earnings at $0.73 EPS, FY2018 earnings at $2.66 EPS, Q1 2019 earnings at $0.81 EPS, Q2 2019 earnings at $0.86 EPS, Q3 2019 earnings at $0.89 EPS, Q4 2019 earnings at $0.88 EPS and FY2019 earnings at $3.45 EPS.
Home Bancorp (NASDAQ:HBCP) last released its quarterly earnings results on Tuesday, January 30th. The bank reported $0.84 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.63 by $0.21. Home Bancorp had a return on equity of 10.82% and a net margin of 21.08%. The company had revenue of $22.71 million during the quarter, compared to analysts’ expectations of $19.33 million.
Home Bancorp (HBCP) opened at $42.05 on Thursday. Home Bancorp has a 52 week low of $32.52 and a 52 week high of $47.20. The stock has a market capitalization of $402.69, a price-to-earnings ratio of 15.59 and a beta of 0.07. The company has a quick ratio of 0.98, a current ratio of 0.99 and a debt-to-equity ratio of 0.34.
The company also recently announced a quarterly dividend, which will be paid on Friday, February 16th. Investors of record on Tuesday, February 6th will be paid a dividend of $0.15 per share. The ex-dividend date is Monday, February 5th. This represents a $0.60 annualized dividend and a yield of 1.43%. This is a boost from Home Bancorp’s previous quarterly dividend of $0.14. Home Bancorp’s dividend payout ratio (DPR) is currently 23.24%.
In related news, insider John W. Bordelon sold 7,000 shares of the firm’s stock in a transaction dated Wednesday, November 29th. The stock was sold at an average price of $42.75, for a total transaction of $299,250.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Kathy J. Bobbs bought 600 shares of the firm’s stock in a transaction that occurred on Thursday, December 14th. The shares were purchased at an average cost of $43.09 per share, with a total value of $25,854.00. The disclosure for this purchase can be found here. Insiders have purchased 2,740 shares of company stock valued at $61,649 in the last ninety days. Company insiders own 15.50% of the company’s stock.
A number of hedge funds have recently made changes to their positions in the stock. Wells Fargo & Company MN boosted its stake in Home Bancorp by 3.1% during the second quarter. Wells Fargo & Company MN now owns 4,438 shares of the bank’s stock valued at $189,000 after buying an additional 133 shares in the last quarter. Raymond James Financial Services Advisors Inc. boosted its stake in Home Bancorp by 0.3% during the second quarter. Raymond James Financial Services Advisors Inc. now owns 49,973 shares of the bank’s stock valued at $2,125,000 after buying an additional 158 shares in the last quarter. Dimensional Fund Advisors LP boosted its stake in Home Bancorp by 0.3% during the second quarter. Dimensional Fund Advisors LP now owns 96,906 shares of the bank’s stock valued at $4,120,000 after buying an additional 324 shares in the last quarter. Teachers Advisors LLC boosted its stake in Home Bancorp by 4.8% during the second quarter. Teachers Advisors LLC now owns 10,348 shares of the bank’s stock valued at $440,000 after buying an additional 477 shares in the last quarter. Finally, The Manufacturers Life Insurance Company boosted its stake in Home Bancorp by 14.6% during the second quarter. The Manufacturers Life Insurance Company now owns 6,812 shares of the bank’s stock valued at $290,000 after buying an additional 866 shares in the last quarter. 43.09% of the stock is owned by institutional investors and hedge funds.
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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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