Home Bancorp, Inc. (NASDAQ:HBCP - Get Free Report) CFO David T. Kirkley sold 2,284 shares of Home Bancorp stock in a transaction on Friday, April 25th. The shares were sold at an average price of $48.53, for a total transaction of $110,842.52. Following the transaction, the chief financial officer now owns 3,633 shares in the company, valued at approximately $176,309.49. This trade represents a 38.60 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website.
Home Bancorp Trading Down 1.9 %
Shares of HBCP opened at $49.42 on Friday. The company's fifty day simple moving average is $45.17 and its 200-day simple moving average is $46.94. The company has a market cap of $396.40 million, a P/E ratio of 10.86 and a beta of 0.55. The company has a current ratio of 0.96, a quick ratio of 0.96 and a debt-to-equity ratio of 0.24. Home Bancorp, Inc. has a twelve month low of $34.51 and a twelve month high of $52.77.
Home Bancorp (NASDAQ:HBCP - Get Free Report) last released its earnings results on Monday, April 21st. The bank reported $1.37 EPS for the quarter, beating analysts' consensus estimates of $1.14 by $0.23. Home Bancorp had a return on equity of 9.57% and a net margin of 18.27%. The firm had revenue of $35.76 million for the quarter, compared to analysts' expectations of $30.90 million. During the same quarter in the prior year, the firm posted $1.14 earnings per share. As a group, analysts expect that Home Bancorp, Inc. will post 4.78 EPS for the current year.
Home Bancorp Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Friday, May 16th. Shareholders of record on Monday, May 5th will be given a dividend of $0.27 per share. This represents a $1.08 dividend on an annualized basis and a yield of 2.19%. The ex-dividend date is Monday, May 5th. Home Bancorp's dividend payout ratio (DPR) is presently 23.74%.
Wall Street Analysts Forecast Growth
HBCP has been the topic of several research analyst reports. Piper Sandler boosted their target price on shares of Home Bancorp from $60.00 to $65.00 and gave the stock an "overweight" rating in a report on Wednesday. Hovde Group lifted their price target on shares of Home Bancorp from $48.50 to $51.50 and gave the company a "market perform" rating in a report on Thursday. Finally, StockNews.com downgraded shares of Home Bancorp from a "buy" rating to a "hold" rating in a report on Friday, March 21st.
View Our Latest Research Report on HBCP
Institutional Trading of Home Bancorp
Several institutional investors and hedge funds have recently made changes to their positions in the company. Picton Mahoney Asset Management increased its position in Home Bancorp by 100.7% during the 4th quarter. Picton Mahoney Asset Management now owns 590 shares of the bank's stock valued at $27,000 after purchasing an additional 296 shares during the period. Tower Research Capital LLC TRC lifted its position in shares of Home Bancorp by 247.9% in the 4th quarter. Tower Research Capital LLC TRC now owns 1,322 shares of the bank's stock worth $61,000 after purchasing an additional 942 shares during the period. SG Americas Securities LLC boosted its stake in shares of Home Bancorp by 27.2% during the fourth quarter. SG Americas Securities LLC now owns 3,125 shares of the bank's stock valued at $144,000 after purchasing an additional 668 shares in the last quarter. Lazard Asset Management LLC purchased a new position in Home Bancorp during the fourth quarter valued at approximately $180,000. Finally, PDT Partners LLC bought a new position in Home Bancorp in the fourth quarter worth approximately $203,000. 49.41% of the stock is currently owned by institutional investors.
Home Bancorp Company Profile
(
Get Free Report)
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.
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