Home Bancorp, Inc. (NASDAQ:HBCP) Director Chris P. Rader purchased 2,378 shares of the stock in a transaction on Monday, February 5th. The stock was acquired at an average cost of $41.95 per share, for a total transaction of $99,757.10. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.
Home Bancorp, Inc. (NASDAQ HBCP) opened at $40.15 on Tuesday. The firm has a market cap of $378.17, a PE ratio of 14.64 and a beta of 0.07. Home Bancorp, Inc. has a 1 year low of $32.52 and a 1 year high of $47.20. The company has a debt-to-equity ratio of 0.34, a current ratio of 0.99 and a quick ratio of 0.98.
Home Bancorp (NASDAQ:HBCP) last issued its quarterly earnings data on Tuesday, January 30th. The bank reported $0.84 earnings per share for the quarter, topping analysts’ consensus estimates of $0.63 by $0.21. The business had revenue of $22.71 million during the quarter, compared to the consensus estimate of $19.33 million. Home Bancorp had a net margin of 21.08% and a return on equity of 10.82%. sell-side analysts expect that Home Bancorp, Inc. will post 3.11 EPS for the current year.
The company also recently disclosed a quarterly dividend, which will be paid on Friday, February 16th. Shareholders of record on Tuesday, February 6th will be given a $0.15 dividend. The ex-dividend date is Monday, February 5th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 1.49%. This is an increase from Home Bancorp’s previous quarterly dividend of $0.14. Home Bancorp’s dividend payout ratio is 24.90%.
Several equities research analysts have commented on HBCP shares. Sandler O’Neill reaffirmed a “hold” rating and issued a $46.00 price target on shares of Home Bancorp in a report on Wednesday, October 18th. Zacks Investment Research lowered shares of Home Bancorp from a “strong-buy” rating to a “hold” rating in a report on Tuesday, October 24th. BidaskClub raised shares of Home Bancorp from a “sell” rating to a “hold” rating in a report on Saturday, December 9th. Finally, ValuEngine raised shares of Home Bancorp from a “hold” rating to a “buy” rating in a report on Friday, February 2nd. Five analysts have rated the stock with a hold rating and one has issued a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average target price of $47.00.
Several institutional investors have recently modified their holdings of the business. Smith Asset Management Group LP acquired a new position in shares of Home Bancorp in the fourth quarter worth about $204,000. Martingale Asset Management L P raised its position in shares of Home Bancorp by 71.5% in the fourth quarter. Martingale Asset Management L P now owns 61,427 shares of the bank’s stock worth $2,655,000 after acquiring an additional 25,613 shares during the period. Ramsey Quantitative Systems acquired a new position in shares of Home Bancorp in the fourth quarter worth about $131,000. BlackRock Inc. raised its position in shares of Home Bancorp by 2.5% in the fourth quarter. BlackRock Inc. now owns 277,331 shares of the bank’s stock worth $11,987,000 after acquiring an additional 6,782 shares during the period. Finally, Bank of New York Mellon Corp raised its position in shares of Home Bancorp by 13.5% in the fourth quarter. Bank of New York Mellon Corp now owns 40,475 shares of the bank’s stock worth $1,749,000 after acquiring an additional 4,808 shares during the period. Institutional investors and hedge funds own 33.96% of the company’s stock.
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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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