Home Bancorp, Inc. (NASDAQ:HBCP) Shares Acquired by BNP Paribas Financial Markets

BNP Paribas Financial Markets lifted its position in shares of Home Bancorp, Inc. (NASDAQ:HBCP - Free Report) by 235.9% during the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 7,985 shares of the bank's stock after buying an additional 5,608 shares during the period. BNP Paribas Financial Markets owned 0.10% of Home Bancorp worth $369,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of HBCP. Dimensional Fund Advisors LP lifted its stake in shares of Home Bancorp by 2.6% during the 4th quarter. Dimensional Fund Advisors LP now owns 419,454 shares of the bank's stock worth $19,383,000 after purchasing an additional 10,734 shares during the period. American Century Companies Inc. increased its stake in Home Bancorp by 49.8% in the fourth quarter. American Century Companies Inc. now owns 77,068 shares of the bank's stock valued at $3,561,000 after purchasing an additional 25,617 shares during the last quarter. Pacific Ridge Capital Partners LLC increased its stake in Home Bancorp by 72.6% in the fourth quarter. Pacific Ridge Capital Partners LLC now owns 72,962 shares of the bank's stock valued at $3,372,000 after purchasing an additional 30,681 shares during the last quarter. Empowered Funds LLC lifted its position in Home Bancorp by 5.0% during the fourth quarter. Empowered Funds LLC now owns 31,448 shares of the bank's stock worth $1,453,000 after buying an additional 1,485 shares during the period. Finally, JPMorgan Chase & Co. boosted its stake in Home Bancorp by 110.9% in the 4th quarter. JPMorgan Chase & Co. now owns 30,942 shares of the bank's stock worth $1,430,000 after buying an additional 16,274 shares during the last quarter. Institutional investors and hedge funds own 49.41% of the company's stock.

Insider Buying and Selling

In related news, CFO David T. Kirkley sold 2,284 shares of the business's stock in a transaction that occurred on Friday, April 25th. The stock was sold at an average price of $48.53, for a total transaction of $110,842.52. Following the transaction, the chief financial officer now directly owns 3,633 shares of the company's stock, valued at approximately $176,309.49. The trade was a 38.60% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, Director Daniel G. Guidry sold 2,000 shares of the stock in a transaction that occurred on Monday, May 5th. The shares were sold at an average price of $50.94, for a total transaction of $101,880.00. Following the completion of the sale, the director now directly owns 64,819 shares of the company's stock, valued at $3,301,879.86. This trade represents a 2.99% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders sold 4,784 shares of company stock valued at $238,923. Company insiders own 7.90% of the company's stock.

Home Bancorp Trading Up 0.6%

Shares of NASDAQ HBCP traded up $0.32 during midday trading on Wednesday, hitting $50.89. The stock had a trading volume of 75,020 shares, compared to its average volume of 21,422. The company has a quick ratio of 0.96, a current ratio of 0.96 and a debt-to-equity ratio of 0.24. Home Bancorp, Inc. has a 1-year low of $35.16 and a 1-year high of $52.77. The company has a market capitalization of $396.99 million, a price-to-earnings ratio of 11.18 and a beta of 0.56. The company has a fifty day moving average price of $47.10 and a 200 day moving average price of $47.58.

Home Bancorp (NASDAQ:HBCP - Get Free Report) last announced its quarterly earnings results on Monday, April 21st. The bank reported $1.37 earnings per share for the quarter, beating analysts' consensus estimates of $1.14 by $0.23. Home Bancorp had a net margin of 18.27% and a return on equity of 9.57%. The firm had revenue of $35.76 million for the quarter, compared to analysts' expectations of $30.90 million. During the same period in the previous year, the company posted $1.14 earnings per share. On average, analysts predict that Home Bancorp, Inc. will post 4.78 earnings per share for the current year.

Home Bancorp Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, May 16th. Investors of record on Monday, May 5th were issued a dividend of $0.27 per share. The ex-dividend date was Monday, May 5th. This represents a $1.08 annualized dividend and a dividend yield of 2.12%. Home Bancorp's payout ratio is 22.59%.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on the stock. Wall Street Zen raised shares of Home Bancorp from a "hold" rating to a "buy" rating in a research note on Wednesday, May 14th. Hovde Group upped their price target on shares of Home Bancorp from $48.50 to $51.50 and gave the stock a "market perform" rating in a research report on Thursday, April 24th. Finally, Piper Sandler increased their price target on shares of Home Bancorp from $60.00 to $65.00 and gave the stock an "overweight" rating in a research note on Wednesday, April 23rd.

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.