Dimensional Fund Advisors LP Buys 10,734 Shares of Home Bancorp, Inc. (NASDAQ:HBCP)

Dimensional Fund Advisors LP raised its position in Home Bancorp, Inc. (NASDAQ:HBCP - Free Report) by 2.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 419,454 shares of the bank's stock after acquiring an additional 10,734 shares during the quarter. Dimensional Fund Advisors LP owned 5.19% of Home Bancorp worth $19,383,000 at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in the company. Picton Mahoney Asset Management increased its stake in shares of Home Bancorp by 100.7% in the fourth quarter. Picton Mahoney Asset Management now owns 590 shares of the bank's stock worth $27,000 after buying an additional 296 shares during the last quarter. SG Americas Securities LLC increased its holdings in shares of Home Bancorp by 27.2% in the 4th quarter. SG Americas Securities LLC now owns 3,125 shares of the bank's stock valued at $144,000 after acquiring an additional 668 shares during the last quarter. Wells Fargo & Company MN boosted its position in shares of Home Bancorp by 14.6% during the fourth quarter. Wells Fargo & Company MN now owns 7,101 shares of the bank's stock worth $328,000 after buying an additional 902 shares during the period. Bailard Inc. increased its position in Home Bancorp by 11.6% in the 4th quarter. Bailard Inc. now owns 11,546 shares of the bank's stock valued at $534,000 after acquiring an additional 1,200 shares during the period. Finally, Barclays PLC raised its stake in Home Bancorp by 15.9% during the 4th quarter. Barclays PLC now owns 10,595 shares of the bank's stock valued at $490,000 after acquiring an additional 1,453 shares in the last quarter. 49.41% of the stock is owned by institutional investors and hedge funds.

Home Bancorp Stock Down 0.1 %

Shares of HBCP stock traded down $0.04 during trading on Friday, hitting $50.83. 11,785 shares of the company were exchanged, compared to its average volume of 20,272. The business's 50-day simple moving average is $45.72 and its 200 day simple moving average is $47.34. Home Bancorp, Inc. has a twelve month low of $35.16 and a twelve month high of $52.77. The firm has a market capitalization of $396.52 million, a price-to-earnings ratio of 11.17 and a beta of 0.56. The company has a debt-to-equity ratio of 0.24, a quick ratio of 0.96 and a current ratio of 0.96.

Home Bancorp (NASDAQ:HBCP - Get Free Report) last released its quarterly earnings data on Monday, April 21st. The bank reported $1.37 EPS for the quarter, topping analysts' consensus estimates of $1.14 by $0.23. The firm had revenue of $35.76 million for the quarter, compared to the consensus estimate of $30.90 million. Home Bancorp had a return on equity of 9.57% and a net margin of 18.27%. During the same quarter in the prior year, the company posted $1.14 earnings per share. As a group, analysts forecast that Home Bancorp, Inc. will post 4.78 EPS for the current fiscal year.

Home Bancorp Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, May 16th. Stockholders of record on Monday, May 5th will be issued a dividend of $0.27 per share. This represents a $1.08 dividend on an annualized basis and a dividend yield of 2.12%. The ex-dividend date of this dividend is Monday, May 5th. Home Bancorp's dividend payout ratio is 22.59%.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on the stock. StockNews.com upgraded shares of Home Bancorp from a "hold" rating to a "buy" rating in a research report on Tuesday, May 6th. Piper Sandler increased their target price on Home Bancorp from $60.00 to $65.00 and gave the company an "overweight" rating in a report on Wednesday, April 23rd. Finally, Hovde Group lifted their price target on Home Bancorp from $48.50 to $51.50 and gave the company a "market perform" rating in a report on Thursday, April 24th.

Insider Activity at Home Bancorp

In other news, CFO David T. Kirkley sold 2,284 shares of Home Bancorp stock in a transaction that occurred on Friday, April 25th. The shares were sold at an average price of $48.53, for a total value of $110,842.52. Following the transaction, the chief financial officer now owns 3,633 shares of the company's stock, valued at $176,309.49. This trade represents a 38.60 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Daniel G. Guidry sold 2,000 shares of the company's stock in a transaction on Monday, May 5th. The stock was sold at an average price of $50.94, for a total transaction of $101,880.00. Following the sale, the director now directly owns 64,819 shares of the company's stock, valued at approximately $3,301,879.86. This represents a 2.99 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 7.90% of the stock is owned by company insiders.

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.