16,743 Shares in Home Bancorp, Inc. (NASDAQ:HBCP) Bought by Citadel Advisors LLC

Citadel Advisors LLC acquired a new stake in shares of Home Bancorp, Inc. (NASDAQ:HBCP - Free Report) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 16,743 shares of the bank's stock, valued at approximately $774,000. Citadel Advisors LLC owned about 0.21% of Home Bancorp at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in HBCP. Picton Mahoney Asset Management increased its holdings in Home Bancorp by 100.7% in the 4th 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 period. Tower Research Capital LLC TRC increased its stake in shares of Home Bancorp by 247.9% in the fourth quarter. Tower Research Capital LLC TRC now owns 1,322 shares of the bank's stock worth $61,000 after acquiring an additional 942 shares during the period. SG Americas Securities LLC increased its stake in shares of Home Bancorp by 27.2% in the fourth quarter. SG Americas Securities LLC now owns 3,125 shares of the bank's stock worth $144,000 after acquiring an additional 668 shares during the period. PDT Partners LLC purchased a new position in shares of Home Bancorp during the fourth quarter worth $203,000. Finally, First Trust Advisors LP acquired a new position in Home Bancorp during the fourth quarter valued at $228,000. 49.41% of the stock is owned by hedge funds and other institutional investors.

Home Bancorp Trading Down 1.0%

Shares of NASDAQ HBCP traded down $0.50 during midday trading on Wednesday, reaching $49.50. 31,439 shares of the stock were exchanged, compared to its average volume of 22,257. Home Bancorp, Inc. has a twelve month low of $35.95 and a twelve month high of $52.77. The company has a 50 day simple moving average of $47.65 and a 200 day simple moving average of $47.59. The stock has a market capitalization of $386.15 million, a P/E ratio of 10.88 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 posted its quarterly earnings data on Monday, April 21st. The bank reported $1.37 earnings per share for the quarter, topping analysts' consensus estimates of $1.14 by $0.23. The firm had revenue of $35.76 million during the quarter, compared to analysts' expectations of $30.90 million. Home Bancorp had a net margin of 18.27% and a return on equity of 9.57%. During the same quarter last year, the company posted $1.14 EPS. As a group, equities analysts expect that Home Bancorp, Inc. will post 4.78 earnings per share for the current year.

Home Bancorp Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, May 16th. Shareholders 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 dividend on an annualized basis and a yield of 2.18%. Home Bancorp's dividend payout ratio (DPR) is presently 22.59%.

Analyst Ratings Changes

HBCP has been the topic of several recent research reports. Piper Sandler upped their price objective on Home Bancorp from $60.00 to $65.00 and gave the stock an "overweight" rating in a research report on Wednesday, April 23rd. Hovde Group increased their target price on Home Bancorp from $48.50 to $51.50 and gave the company a "market perform" rating in a report on Thursday, April 24th. Finally, Wall Street Zen upgraded shares of Home Bancorp from a "hold" rating to a "buy" rating in a research report on Wednesday, May 14th.

Insider Activity at Home Bancorp

In other news, CFO David T. Kirkley sold 2,284 shares of the business's stock in a transaction that occurred 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 completion of the sale, the chief financial officer now owns 3,633 shares in the company, valued at approximately $176,309.49. The trade was a 38.60% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Daniel G. Guidry sold 500 shares of the stock in a transaction that occurred on Monday, May 12th. The shares were sold at an average price of $52.40, for a total value of $26,200.00. Following the completion of the sale, the director now directly owns 64,319 shares of the company's stock, valued at $3,370,315.60. The trade was a 0.77% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 4,784 shares of company stock worth $238,923. Company insiders own 7.90% of the company's stock.

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.