Martingale Asset Management L P Takes $430,000 Position in Home Bancorp, Inc. (NASDAQ:HBCP)

Martingale Asset Management L P purchased a new stake in shares of Home Bancorp, Inc. (NASDAQ:HBCP) during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 11,912 shares of the bank’s stock, valued at approximately $430,000. Martingale Asset Management L P owned approximately 0.14% of Home Bancorp as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of HBCP. BlackRock Inc. grew its holdings in shares of Home Bancorp by 8.6% during the 4th quarter. BlackRock Inc. now owns 423,466 shares of the bank’s stock valued at $11,853,000 after acquiring an additional 33,394 shares in the last quarter. State Board of Administration of Florida Retirement System acquired a new stake in shares of Home Bancorp during the 4th quarter valued at about $258,000. Rhumbline Advisers lifted its holdings in shares of Home Bancorp by 23.7% during the 4th quarter. Rhumbline Advisers now owns 13,169 shares of the bank’s stock valued at $369,000 after buying an additional 2,526 shares during the last quarter. Citigroup Inc. lifted its holdings in shares of Home Bancorp by 296.5% during the 4th quarter. Citigroup Inc. now owns 1,459 shares of the bank’s stock valued at $41,000 after buying an additional 1,091 shares during the last quarter. Finally, Nuveen Asset Management LLC lifted its holdings in shares of Home Bancorp by 21.9% during the 4th quarter. Nuveen Asset Management LLC now owns 31,796 shares of the bank’s stock valued at $890,000 after buying an additional 5,702 shares during the last quarter. Institutional investors and hedge funds own 38.79% of the company’s stock.

In other Home Bancorp news, Director Daniel G. Guidry sold 1,000 shares of the business’s stock in a transaction on Thursday, May 27th. The shares were sold at an average price of $39.08, for a total transaction of $39,080.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Company insiders own 6.70% of the company’s stock.

Shares of HBCP stock opened at $39.35 on Friday. The firm has a 50 day moving average of $38.40. The company has a debt-to-equity ratio of 0.09, a current ratio of 0.97 and a quick ratio of 0.97. Home Bancorp, Inc. has a twelve month low of $22.71 and a twelve month high of $39.84. The company has a market cap of $342.74 million, a P/E ratio of 9.50 and a beta of 0.79.

Home Bancorp (NASDAQ:HBCP) last announced its quarterly earnings results on Monday, April 26th. The bank reported $1.41 EPS for the quarter, beating the consensus estimate of $1.06 by $0.35. Home Bancorp had a return on equity of 10.93% and a net margin of 28.79%. The company had revenue of $29.16 million for the quarter, compared to the consensus estimate of $27.71 million. Sell-side analysts predict that Home Bancorp, Inc. will post 4.57 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which was paid on Friday, May 21st. Investors of record on Monday, May 10th were paid a $0.23 dividend. The ex-dividend date of this dividend was Friday, May 7th. This is a positive change from Home Bancorp’s previous quarterly dividend of $0.22. This represents a $0.92 dividend on an annualized basis and a yield of 2.34%. Home Bancorp’s dividend payout ratio (DPR) is presently 32.06%.

Separately, Zacks Investment Research downgraded shares of Home Bancorp from a “buy” rating to a “hold” rating in a report on Friday, April 30th.

Home Bancorp Profile

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.

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

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