Home Bancorp, Inc. (NASDAQ:HBCP) Stake Boosted by SG Americas Securities LLC

SG Americas Securities LLC increased its stake in Home Bancorp, Inc. (NASDAQ:HBCP) by 27.2% during the 4th quarter, HoldingsChannel reports. The firm owned 3,125 shares of the bank’s stock after acquiring an additional 668 shares during the period. SG Americas Securities LLC’s holdings in Home Bancorp were worth $144,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Geode Capital Management LLC increased its position in Home Bancorp by 1.2% in the 3rd quarter. Geode Capital Management LLC now owns 162,727 shares of the bank’s stock valued at $7,256,000 after acquiring an additional 1,874 shares during the period. State Street Corp grew its holdings in Home Bancorp by 1.5% during the third quarter. State Street Corp now owns 156,752 shares of the bank’s stock worth $6,988,000 after acquiring an additional 2,269 shares during the period. Crawford Fund Management LLC raised its holdings 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 worth $4,068,000 after purchasing an additional 29,722 shares in the last quarter. Montz Harcus Wealth Management LLC bought a new position in shares of Home Bancorp in the third quarter valued at $1,598,000. Finally, Empowered Funds LLC boosted its position in shares of Home Bancorp by 5.2% in the 3rd quarter. Empowered Funds LLC now owns 29,963 shares of the bank’s stock valued at $1,336,000 after purchasing an additional 1,474 shares during the period. Institutional investors and hedge funds own 49.41% of the company’s stock.

Analyst Ratings Changes

HBCP has been the topic of a number of recent research reports. StockNews.com downgraded Home Bancorp from a “buy” rating to a “hold” rating in a research note on Wednesday, January 22nd. Hovde Group lowered Home Bancorp from an “outperform” rating to a “market perform” rating and upped their price target for the stock from $53.00 to $54.50 in a report on Tuesday, November 12th. Finally, Raymond James raised Home Bancorp from a “market perform” rating to an “outperform” rating and set a $50.00 price target for the company in a report on Monday, October 21st.

Home Bancorp Price Performance

HBCP opened at $50.62 on Tuesday. The stock has a market capitalization of $409.01 million, a P/E ratio of 11.13 and a beta of 0.71. Home Bancorp, Inc. has a one year low of $33.30 and a one year high of $52.77. The company has a debt-to-equity ratio of 0.24, a current ratio of 0.96 and a quick ratio of 0.96. The company’s 50 day simple moving average is $47.69 and its 200-day simple moving average is $45.62.

Home Bancorp (NASDAQ:HBCP) last posted its quarterly earnings results on Monday, January 27th. The bank reported $1.21 earnings per share for the quarter, beating analysts’ consensus estimates of $1.14 by $0.07. Home Bancorp had a return on equity of 9.57% and a net margin of 18.27%. During the same period in the prior year, the company posted $1.17 EPS. Sell-side analysts anticipate that Home Bancorp, Inc. will post 4.78 earnings per share for the current fiscal year.

Home Bancorp Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, February 21st. Stockholders of record on Monday, February 10th will be given a dividend of $0.27 per share. This is a boost from Home Bancorp’s previous quarterly dividend of $0.26. This represents a $1.08 annualized dividend and a dividend yield of 2.13%. The ex-dividend date of this dividend is Monday, February 10th. Home Bancorp’s dividend payout ratio is currently 22.86%.

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, Mississippi, and Texas. It offers deposit products, including interest-bearing and noninterest-bearing checking, money market, savings, NOW, and certificates of deposit accounts.