Home Bancorp, Inc. (NASDAQ:HBCP) Shares Acquired by Barclays PLC

Barclays PLC raised its position in shares of Home Bancorp, Inc. (NASDAQ:HBCP) by 287.9% in the third quarter, HoldingsChannel reports. The firm owned 9,142 shares of the bank’s stock after acquiring an additional 6,785 shares during the period. Barclays PLC’s holdings in Home Bancorp were worth $407,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently bought and sold shares of the company. Dimensional Fund Advisors LP grew its stake in shares of Home Bancorp by 2.1% in the second quarter. Dimensional Fund Advisors LP now owns 398,376 shares of the bank’s stock worth $15,938,000 after purchasing an additional 8,219 shares in the last quarter. State Street Corp lifted its position in shares of Home Bancorp by 1.5% during the 3rd quarter. State Street Corp now owns 156,752 shares of the bank’s stock valued at $6,988,000 after acquiring an additional 2,269 shares during the last quarter. NewEdge Advisors LLC lifted its holdings in shares of Home Bancorp by 120.9% during the second quarter. NewEdge Advisors LLC now owns 140,352 shares of the bank’s stock valued at $5,615,000 after purchasing an additional 76,812 shares during the last quarter. Crawford Fund Management LLC boosted its position in shares of Home Bancorp by 48.3% in the 3rd quarter. Crawford Fund Management LLC now owns 91,247 shares of the bank’s stock valued at $4,068,000 after purchasing an additional 29,722 shares during the period. Finally, Bank of New York Mellon Corp increased its stake in Home Bancorp by 8.0% in the 2nd quarter. Bank of New York Mellon Corp now owns 35,951 shares of the bank’s stock worth $1,438,000 after purchasing an additional 2,672 shares in the last quarter. Institutional investors own 49.41% of the company’s stock.

Analyst Ratings Changes

A number of analysts have commented on the stock. StockNews.com raised shares of Home Bancorp from a “hold” rating to a “buy” rating in a research note on Friday. Raymond James upgraded shares of Home Bancorp from a “market perform” rating to an “outperform” rating and set a $50.00 price target for the company in a research report on Monday, October 21st. Finally, Hovde Group cut shares of Home Bancorp from an “outperform” rating to a “market perform” rating and lifted their price objective for the stock from $53.00 to $54.50 in a research report on Tuesday, November 12th.

Home Bancorp Trading Up 2.6 %

Shares of NASDAQ HBCP opened at $46.29 on Friday. The business has a 50-day moving average price of $48.55 and a two-hundred day moving average price of $44.24. The company has a current ratio of 0.96, a quick ratio of 0.96 and a debt-to-equity ratio of 0.24. The firm has a market capitalization of $373.84 million, a PE ratio of 10.26 and a beta of 0.71. Home Bancorp, Inc. has a one year low of $33.30 and a one year high of $52.39.

Home Bancorp (NASDAQ:HBCP) last announced its quarterly earnings data on Thursday, October 17th. The bank reported $1.18 EPS for the quarter, beating analysts’ consensus estimates of $0.97 by $0.21. Home Bancorp had a net margin of 18.55% and a return on equity of 9.58%. The firm had revenue of $34.07 million for the quarter, compared to the consensus estimate of $33.10 million. As a group, analysts predict that Home Bancorp, Inc. will post 4.48 earnings per share for the current fiscal year.

Home Bancorp Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, November 8th. Stockholders of record on Monday, October 28th were paid a $0.26 dividend. The ex-dividend date was Monday, October 28th. This is an increase from Home Bancorp’s previous quarterly dividend of $0.25. This represents a $1.04 dividend on an annualized basis and a dividend yield of 2.25%. Home Bancorp’s dividend payout ratio is 23.06%.

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.