SG Americas Securities LLC Purchases Shares of 2,683 Home Bancorp, Inc. (NASDAQ:HBCP)

SG Americas Securities LLC bought a new stake in Home Bancorp, Inc. (NASDAQ:HBCP – Get Rating) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 2,683 shares of the bank’s stock, valued at approximately $107,000.

Other large investors have also recently made changes to their positions in the company. UBS Group AG raised its holdings in shares of Home Bancorp by 224.1% in the third quarter. UBS Group AG now owns 1,144 shares of the bank’s stock worth $45,000 after acquiring an additional 791 shares during the last quarter. BNP Paribas Arbitrage SNC grew its stake in Home Bancorp by 99.4% during the 3rd quarter. BNP Paribas Arbitrage SNC now owns 3,699 shares of the bank’s stock valued at $144,000 after purchasing an additional 1,844 shares in the last quarter. MetLife Investment Management LLC raised its holdings in Home Bancorp by 57.0% in the first quarter. MetLife Investment Management LLC now owns 4,358 shares of the bank’s stock valued at $178,000 after acquiring an additional 1,582 shares in the last quarter. Royal Bank of Canada increased its position in shares of Home Bancorp by 7.3% in the 3rd quarter. Royal Bank of Canada now owns 5,089 shares of the bank’s stock worth $198,000 after purchasing an additional 347 shares during the last quarter. Finally, Alliancebernstein L.P. acquired a new stake in Home Bancorp during the third quarter valued at approximately $211,000. 39.09% of the stock is owned by institutional investors and hedge funds.

Home Bancorp Stock Down 2.6 %

Shares of Home Bancorp stock opened at $29.60 on Wednesday. Home Bancorp, Inc. has a 1 year low of $27.75 and a 1 year high of $43.45. The company has a market cap of $244.23 million, a P/E ratio of 5.90 and a beta of 0.65. The company has a current ratio of 0.91, a quick ratio of 0.91 and a debt-to-equity ratio of 0.23. The stock has a 50-day moving average price of $32.29 and a 200 day moving average price of $37.67.

Home Bancorp (NASDAQ:HBCP – Get Rating) last posted its quarterly earnings results on Tuesday, April 18th. The bank reported $1.39 earnings per share for the quarter, topping analysts’ consensus estimates of $1.21 by $0.18. The company had revenue of $34.91 million during the quarter, compared to the consensus estimate of $34.80 million. Home Bancorp had a return on equity of 13.00% and a net margin of 26.74%. As a group, analysts expect that Home Bancorp, Inc. will post 4.76 EPS for the current fiscal year.

Home Bancorp Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, May 12th. Shareholders of record on Monday, May 1st were issued a dividend of $0.25 per share. The ex-dividend date was Friday, April 28th. This represents a $1.00 annualized dividend and a yield of 3.38%. Home Bancorp’s dividend payout ratio (DPR) is currently 19.92%.

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on the stock. Piper Sandler cut their price objective on shares of Home Bancorp from $50.00 to $44.00 and set an “overweight” rating on the stock in a research report on Wednesday, April 19th. StockNews.com cut shares of Home Bancorp from a “buy” rating to a “hold” rating in a report on Sunday, March 19th. Finally, Raymond James started coverage on Home Bancorp in a report on Monday, March 20th. They issued a “market perform” rating on the stock. Two research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $44.83.

Home Bancorp Company Profile

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Home Bancorp, Inc operates as a bank holding company. Its subsidiary, Home Bank, N.A., offers a full range of deposit and loan products through banking centers in South Louisiana and Western Mississippi. The company was founded in 2008 and is headquartered in Lafayette, LA.