Acadian Asset Management LLC Buys 7,422 Shares of Home Bancorp, Inc. (NASDAQ:HBCP)

Acadian Asset Management LLC grew its stake in Home Bancorp, Inc. (NASDAQ:HBCPGet Rating) by 21.7% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 41,581 shares of the bank’s stock after purchasing an additional 7,422 shares during the quarter. Acadian Asset Management LLC owned about 0.48% of Home Bancorp worth $1,725,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of the business. Dimensional Fund Advisors LP raised its holdings in Home Bancorp by 1.6% in the 4th quarter. Dimensional Fund Advisors LP now owns 308,469 shares of the bank’s stock worth $12,804,000 after purchasing an additional 4,890 shares in the last quarter. Spire Wealth Management grew its position in shares of Home Bancorp by 0.5% in the 4th quarter. Spire Wealth Management now owns 86,287 shares of the bank’s stock worth $3,582,000 after buying an additional 452 shares during the period. Morgan Stanley grew its position in shares of Home Bancorp by 10.6% in the 3rd quarter. Morgan Stanley now owns 48,657 shares of the bank’s stock worth $1,882,000 after buying an additional 4,664 shares during the period. Bank of New York Mellon Corp grew its position in shares of Home Bancorp by 3.7% in the 3rd quarter. Bank of New York Mellon Corp now owns 48,103 shares of the bank’s stock worth $1,860,000 after buying an additional 1,720 shares during the period. Finally, Two Sigma Advisers LP grew its position in shares of Home Bancorp by 24.4% in the 3rd quarter. Two Sigma Advisers LP now owns 22,400 shares of the bank’s stock worth $866,000 after buying an additional 4,400 shares during the period. Institutional investors and hedge funds own 47.43% of the company’s stock.

Shares of HBCP stock opened at $35.25 on Wednesday. Home Bancorp, Inc. has a one year low of $33.92 and a one year high of $45.73. The company’s 50-day moving average is $38.96 and its 200 day moving average is $40.59. The company has a market capitalization of $294.34 million, a price-to-earnings ratio of 7.21 and a beta of 0.73. The company has a debt-to-equity ratio of 0.08, a quick ratio of 0.92 and a current ratio of 0.92.

Home Bancorp (NASDAQ:HBCPGet Rating) last announced its quarterly earnings data on Tuesday, April 26th. The bank reported $0.53 EPS for the quarter, missing the consensus estimate of $0.74 by ($0.21). Home Bancorp had a net margin of 34.21% and a return on equity of 11.99%. As a group, research analysts predict that Home Bancorp, Inc. will post 4.11 earnings per share for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Friday, May 20th. Stockholders of record on Monday, May 9th will be issued a dividend of $0.23 per share. This represents a $0.92 dividend on an annualized basis and a dividend yield of 2.61%. The ex-dividend date is Friday, May 6th. Home Bancorp’s payout ratio is presently 18.81%.

A number of analysts have recently weighed in on HBCP shares. StockNews.com raised shares of Home Bancorp from a “hold” rating to a “buy” rating in a research report on Wednesday. Zacks Investment Research downgraded shares of Home Bancorp from a “buy” rating to a “hold” rating in a research report on Thursday, April 28th.

About Home Bancorp (Get Rating)

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

Further Reading

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

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