BCM Advisors LLC Takes Position in Home Bancorp, Inc. (NASDAQ:HBCP)

BCM Advisors LLC purchased a new stake in shares of Home Bancorp, Inc. (NASDAQ:HBCP) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 5,342 shares of the bank’s stock, valued at approximately $225,000. BCM Advisors LLC owned approximately 0.07% of Home Bancorp as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Denali Advisors LLC lifted its stake in shares of Home Bancorp by 17.7% in the 4th quarter. Denali Advisors LLC now owns 7,300 shares of the bank’s stock valued at $307,000 after purchasing an additional 1,100 shares during the last quarter. Bank of New York Mellon Corp lifted its position in Home Bancorp by 0.8% during the 3rd quarter. Bank of New York Mellon Corp now owns 56,629 shares of the bank’s stock worth $1,805,000 after acquiring an additional 425 shares during the last quarter. Spire Wealth Management raised its position in Home Bancorp by 0.8% in the 3rd quarter. Spire Wealth Management now owns 78,861 shares of the bank’s stock valued at $2,513,000 after purchasing an additional 639 shares during the last quarter. SG Americas Securities LLC bought a new position in Home Bancorp in the 4th quarter valued at $164,000. Finally, Cullen Investment Group LTD. bought a new position in Home Bancorp in the 4th quarter valued at $1,206,000. Institutional investors and hedge funds own 49.41% of the company’s stock.

Home Bancorp Stock Up 7.4 %

HBCP traded up $2.49 on Friday, hitting $36.09. 13,899 shares of the company were exchanged, compared to its average volume of 11,478. The company has a debt-to-equity ratio of 0.26, a quick ratio of 0.95 and a current ratio of 0.95. The stock’s fifty day moving average is $36.14 and its 200-day moving average is $37.20. The company has a market cap of $294.13 million, a PE ratio of 7.62 and a beta of 0.68. Home Bancorp, Inc. has a 12 month low of $27.75 and a 12 month high of $44.00.

Home Bancorp (NASDAQ:HBCP) last posted its earnings results on Monday, January 22nd. The bank reported $1.17 earnings per share for the quarter, topping analysts’ consensus estimates of $1.03 by $0.14. The business had revenue of $32.76 million for the quarter, compared to analyst estimates of $33.10 million. Home Bancorp had a return on equity of 10.80% and a net margin of 20.66%. Equities research analysts predict that Home Bancorp, Inc. will post 3.95 EPS for the current fiscal year.

Home Bancorp Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, May 10th. Investors of record on Monday, April 29th will be paid a $0.25 dividend. The ex-dividend date is Friday, April 26th. This represents a $1.00 dividend on an annualized basis and a yield of 2.77%. Home Bancorp’s dividend payout ratio (DPR) is currently 21.10%.

Analysts Set New Price Targets

Separately, Piper Sandler cut Home Bancorp from an “overweight” rating to a “neutral” rating and lifted their price objective for the stock from $40.00 to $43.00 in a research note on Wednesday, January 24th.

Home Bancorp Company Profile

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