BCM Advisors LLC Makes New $225,000 Investment in Home Bancorp, Inc. (NASDAQ:HBCP)

BCM Advisors LLC acquired a new position in Home Bancorp, Inc. (NASDAQ:HBCP) during the fourth quarter, Holdings Channel.com reports. The firm acquired 5,342 shares of the bank’s stock, valued at approximately $225,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Allspring Global Investments Holdings LLC purchased a new position in Home Bancorp during the third quarter worth about $25,000. Tower Research Capital LLC TRC lifted its position in shares of Home Bancorp by 154.6% during the 3rd quarter. Tower Research Capital LLC TRC now owns 1,100 shares of the bank’s stock worth $35,000 after buying an additional 668 shares during the last quarter. UBS Group AG lifted its position in shares of Home Bancorp by 224.1% during the 3rd quarter. UBS Group AG now owns 1,144 shares of the bank’s stock worth $45,000 after buying an additional 791 shares during the last quarter. Citigroup Inc. raised its position in Home Bancorp by 108,050.0% in the 2nd quarter. Citigroup Inc. now owns 2,163 shares of the bank’s stock valued at $72,000 after purchasing an additional 2,161 shares during the last quarter. Finally, Barclays PLC raised its position in Home Bancorp by 468.7% in the 4th quarter. Barclays PLC now owns 1,962 shares of the bank’s stock valued at $79,000 after purchasing an additional 1,617 shares during the last quarter. Institutional investors and hedge funds own 49.41% of the company’s stock.

Home Bancorp Trading Up 7.4 %

Shares of Home Bancorp stock traded up $2.49 during mid-day trading on Friday, hitting $36.09. 13,899 shares of the stock were exchanged, compared to its average volume of 11,478. Home Bancorp, Inc. has a twelve month low of $27.75 and a twelve month high of $44.00. The stock has a market capitalization of $294.13 million, a price-to-earnings ratio of 7.62 and a beta of 0.68. The company has a 50-day simple moving average of $36.14 and a 200 day simple moving average of $37.20. The company has a current ratio of 0.95, a quick ratio of 0.95 and a debt-to-equity ratio of 0.26.

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

Home Bancorp Dividend Announcement

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

Analyst Upgrades and Downgrades

Separately, Piper Sandler cut shares of Home Bancorp from an “overweight” rating to a “neutral” rating and raised their target price 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.