Beese Fulmer Investment Management Inc. Buys Shares of 5,517 Home Bancorp, Inc. (NASDAQ:HBCP)

Beese Fulmer Investment Management Inc. bought a new stake in shares of Home Bancorp, Inc. (NASDAQ:HBCP) in the second quarter, according to its most recent Form 13F filing with the SEC. The fund bought 5,517 shares of the bank’s stock, valued at approximately $212,000. Beese Fulmer Investment Management Inc. owned 0.06% of Home Bancorp as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of HBCP. BlackRock Inc. raised its stake in shares of Home Bancorp by 2.8% in the 4th quarter. BlackRock Inc. now owns 407,773 shares of the bank’s stock valued at $14,436,000 after buying an additional 11,111 shares in the last quarter. Bank of New York Mellon Corp increased its holdings in Home Bancorp by 5.2% in the fourth quarter. Bank of New York Mellon Corp now owns 54,820 shares of the bank’s stock valued at $1,940,000 after buying an additional 2,731 shares in the last quarter. Citigroup Inc. increased its holdings in Home Bancorp by 16.3% in the fourth quarter. Citigroup Inc. now owns 2,430 shares of the bank’s stock valued at $86,000 after buying an additional 340 shares in the last quarter. Dimensional Fund Advisors LP increased its holdings in Home Bancorp by 11.8% in the fourth quarter. Dimensional Fund Advisors LP now owns 187,602 shares of the bank’s stock valued at $6,641,000 after buying an additional 19,872 shares in the last quarter. Finally, Geode Capital Management LLC increased its holdings in Home Bancorp by 6.0% in the fourth quarter. Geode Capital Management LLC now owns 74,855 shares of the bank’s stock valued at $2,649,000 after buying an additional 4,230 shares in the last quarter. 36.79% of the stock is owned by hedge funds and other institutional investors.

HBCP has been the topic of a number of analyst reports. ValuEngine downgraded shares of Valero Energy from a “hold” rating to a “sell” rating in a research report on Wednesday, May 8th. Zacks Investment Research cut Hancock Jaffe Laboratories from a “buy” rating to a “hold” rating in a report on Wednesday, June 26th. Finally, BidaskClub cut Ollie’s Bargain Outlet from a “buy” rating to a “hold” rating in a report on Sunday, June 16th.

Shares of NASDAQ HBCP traded up $0.13 during trading hours on Tuesday, reaching $36.11. 12,400 shares of the stock traded hands, compared to its average volume of 11,835. The stock has a market cap of $338.87 million, a P/E ratio of 10.14 and a beta of 0.38. The company has a debt-to-equity ratio of 0.19, a current ratio of 0.97 and a quick ratio of 0.97. Home Bancorp, Inc. has a 52-week low of $32.59 and a 52-week high of $47.04. The business’s 50-day moving average is $36.57.

Home Bancorp (NASDAQ:HBCP) last released its earnings results on Tuesday, April 23rd. The bank reported $0.85 EPS for the quarter, topping analysts’ consensus estimates of $0.78 by $0.07. Home Bancorp had a net margin of 27.58% and a return on equity of 10.99%. The business had revenue of $24.89 million for the quarter, compared to the consensus estimate of $25.25 million. Analysts predict that Home Bancorp, Inc. will post 3.13 earnings per share for the current year.

In other news, insider John W. Bordelon sold 3,101 shares of the firm’s stock in a transaction dated Tuesday, May 7th. The shares were sold at an average price of $36.49, for a total value of $113,155.49. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, insider John W. Bordelon sold 1,369 shares of the firm’s stock in a transaction dated Friday, May 10th. The shares were sold at an average price of $36.26, for a total transaction of $49,639.94. The disclosure for this sale can be found here. Company insiders own 12.40% of the company’s stock.

Home Bancorp Profile

Home Bancorp, Inc operates as the holding company for Home Bank, National Association that provides various banking products and services in Louisiana. It offers deposits products, including interest-bearing and noninterest-bearing checking, money market, savings, and certificates of deposit accounts.

Further Reading: What is a Swap?

Institutional Ownership by Quarter for Home Bancorp (NASDAQ:HBCP)

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