SG Americas Securities LLC Buys Shares of 3,908 Home Bancorp, Inc. (NASDAQ:HBCP)

SG Americas Securities LLC bought a new stake in Home Bancorp, Inc. (NASDAQ:HBCP) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 3,908 shares of the bank’s stock, valued at approximately $164,000.

A number of other institutional investors also recently made changes to their positions in the business. BlackRock Inc. raised its position in shares of Home Bancorp by 2.2% in the 2nd quarter. BlackRock Inc. now owns 425,917 shares of the bank’s stock valued at $14,145,000 after purchasing an additional 9,025 shares in the last quarter. Dimensional Fund Advisors LP raised its position in shares of Home Bancorp by 2.0% in the 1st quarter. Dimensional Fund Advisors LP now owns 369,995 shares of the bank’s stock valued at $12,221,000 after purchasing an additional 7,113 shares in the last quarter. State Street Corp raised its position in shares of Home Bancorp by 0.9% in the 2nd quarter. State Street Corp now owns 159,751 shares of the bank’s stock valued at $5,305,000 after purchasing an additional 1,377 shares in the last quarter. Renaissance Technologies LLC raised its position in shares of Home Bancorp by 4.9% in the 1st quarter. Renaissance Technologies LLC now owns 153,473 shares of the bank’s stock valued at $6,260,000 after purchasing an additional 7,100 shares in the last quarter. Finally, Geode Capital Management LLC increased its holdings in shares of Home Bancorp by 0.4% in the 2nd quarter. Geode Capital Management LLC now owns 140,843 shares of the bank’s stock valued at $4,677,000 after acquiring an additional 502 shares during the last quarter. 49.41% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Separately, Piper Sandler downgraded Home Bancorp from an “overweight” rating to a “neutral” rating and boosted their price target for the company from $40.00 to $43.00 in a report on Wednesday, January 24th.

Home Bancorp Price Performance

Shares of NASDAQ HBCP opened at $34.57 on Tuesday. Home Bancorp, Inc. has a twelve month low of $27.75 and a twelve month high of $44.00. The company has a current ratio of 0.95, a quick ratio of 0.95 and a debt-to-equity ratio of 0.26. The company has a market capitalization of $281.75 million, a price-to-earnings ratio of 6.93 and a beta of 0.68. The business has a 50 day simple moving average of $36.29 and a 200-day simple moving average of $37.23.

Home Bancorp (NASDAQ:HBCP) last issued its quarterly earnings results on Monday, January 22nd. The bank reported $1.17 earnings per share for the quarter, beating analysts’ consensus estimates of $1.03 by $0.14. Home Bancorp had a return on equity of 11.46% and a net margin of 22.57%. The business had revenue of $32.76 million during the quarter, compared to the consensus estimate of $33.10 million. As a group, equities research analysts expect that Home Bancorp, Inc. will post 3.95 earnings per share for the current year.

Home Bancorp Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, February 16th. Investors of record on Monday, February 5th were paid a dividend of $0.25 per share. The ex-dividend date of this dividend was Friday, February 2nd. This represents a $1.00 dividend on an annualized basis and a yield of 2.89%. Home Bancorp’s payout ratio is currently 20.04%.

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.