Home Bancorp (NASDAQ:HBCP) Downgraded to Neutral Rating by Piper Sandler

Piper Sandler cut shares of Home Bancorp (NASDAQ:HBCP) from an overweight rating to a neutral rating in a research report released on Wednesday, MarketBeat Ratings reports. Piper Sandler currently has $69.00 price objective on the bank’s stock.

HBCP has been the subject of a number of other reports. Weiss Ratings reiterated a “buy (b)” rating on shares of Home Bancorp in a report on Friday, March 27th. Zacks Research downgraded Home Bancorp from a “strong-buy” rating to a “hold” rating in a report on Monday, March 30th. Finally, Hovde Group increased their price objective on Home Bancorp from $62.00 to $65.50 and gave the stock a “market perform” rating in a report on Wednesday. Two research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to MarketBeat, Home Bancorp presently has an average rating of “Hold” and an average price target of $65.50.

Home Bancorp Stock Up 0.0%

NASDAQ:HBCP opened at $63.03 on Wednesday. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.97 and a current ratio of 0.97. The company has a market cap of $494.16 million, a PE ratio of 10.59 and a beta of 0.53. Home Bancorp has a 52-week low of $47.60 and a 52-week high of $65.94. The stock has a 50-day simple moving average of $61.10 and a 200 day simple moving average of $58.60.

Home Bancorp (NASDAQ:HBCP) last posted its quarterly earnings data on Monday, April 20th. The bank reported $1.45 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.39 by $0.06. The business had revenue of $38.22 million during the quarter, compared to the consensus estimate of $33.63 million. Home Bancorp had a return on equity of 11.00% and a net margin of 22.18%.During the same period last year, the company earned $1.37 earnings per share. On average, sell-side analysts expect that Home Bancorp will post 5.87 EPS for the current fiscal year.

Home Bancorp Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, May 15th. Shareholders of record on Monday, May 4th will be paid a $0.31 dividend. This represents a $1.24 dividend on an annualized basis and a yield of 2.0%. The ex-dividend date is Monday, May 4th. Home Bancorp’s dividend payout ratio (DPR) is currently 20.84%.

Insiders Place Their Bets

In related news, Director Chris P. Rader purchased 500 shares of the firm’s stock in a transaction on Thursday, February 19th. The stock was purchased at an average cost of $59.50 per share, for a total transaction of $29,750.00. Following the completion of the purchase, the director directly owned 17,714 shares in the company, valued at $1,053,983. This trade represents a 2.90% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 6.20% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of HBCP. Hotchkis & Wiley Capital Management LLC grew its stake in Home Bancorp by 64.2% in the third quarter. Hotchkis & Wiley Capital Management LLC now owns 119,053 shares of the bank’s stock valued at $6,468,000 after purchasing an additional 46,546 shares in the last quarter. Hillsdale Investment Management Inc. boosted its stake in shares of Home Bancorp by 52.6% during the 3rd quarter. Hillsdale Investment Management Inc. now owns 108,314 shares of the bank’s stock worth $5,884,000 after acquiring an additional 37,318 shares during the period. Marshall Wace LLP boosted its stake in shares of Home Bancorp by 636.7% during the 2nd quarter. Marshall Wace LLP now owns 42,027 shares of the bank’s stock worth $2,176,000 after acquiring an additional 36,322 shares during the period. Arrowstreet Capital Limited Partnership boosted its stake in shares of Home Bancorp by 668.5% during the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 38,040 shares of the bank’s stock worth $1,970,000 after acquiring an additional 33,090 shares during the period. Finally, AQR Capital Management LLC boosted its stake in shares of Home Bancorp by 41.4% during the 4th quarter. AQR Capital Management LLC now owns 103,243 shares of the bank’s stock worth $5,967,000 after acquiring an additional 30,224 shares during the period. 49.41% of the stock is currently owned by institutional investors.

Home Bancorp News Summary

Here are the key news stories impacting Home Bancorp this week:

• Positive Sentiment: Q1 results and investor materials confirmed better-than-expected performance — strong EPS and revenue vs. consensus, with the company publishing its earnings presentation and an earnings call transcript investors can review for management commentary. Q1 Results Presentation Q1 Earnings Call Transcript
• Positive Sentiment: Dividend announced: HBCP declared a $0.31 quarterly dividend (record May 4, payable May 15), implying a ~2.0% yield — supportive for income-focused investors and shareholders seeking steady cash returns.
• Positive Sentiment: Hovde Group raised its price target from $62.00 to $65.50 and maintained a “market perform” rating, a modest positive signal that implies limited near-term upside from their view. Hovde PT Raise
• Neutral Sentiment: Media coverage summarized Q1 performance; a Chron article provides a snapshot of results and context but adds little new actionable detail beyond the company materials. Q1 Earnings Snapshot
• Negative Sentiment: Piper Sandler downgraded HBCP from “overweight” to “neutral” despite assigning a $69 price target (implying upside). The rating cut can reduce buying pressure from institutional momentum accounts even though the PT remains above the current price. Piper Sandler Downgrade Finviz: Analyst Note

About Home Bancorp

Home Bancorp, Inc is the bank holding company for The Home National Bank, a full-service financial institution headquartered in Lafayette, Louisiana. The company operates as a regional commercial bank serving individuals, small businesses and municipalities across Louisiana and East Texas. Through its network of branches and digital banking platforms, Home Bancorp offers a range of deposit and lending solutions designed to meet the needs of its local markets.

The company’s core offerings include retail deposit products such as checking, savings and money market accounts, as well as a variety of commercial and consumer lending services.