GAMMA Investing LLC Grows Holdings in Home Bancorp, Inc. (NASDAQ:HBCP)

GAMMA Investing LLC increased its position in shares of Home Bancorp, Inc. (NASDAQ:HBCP - Free Report) by 5,285.9% during the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 48,742 shares of the bank's stock after purchasing an additional 47,837 shares during the quarter. GAMMA Investing LLC owned approximately 0.60% of Home Bancorp worth $21,840,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of HBCP. Dimensional Fund Advisors LP increased its holdings in Home Bancorp by 2.6% during the fourth quarter. Dimensional Fund Advisors LP now owns 419,454 shares of the bank's stock worth $19,383,000 after buying an additional 10,734 shares during the last quarter. American Century Companies Inc. lifted its holdings in shares of Home Bancorp by 49.8% in the fourth quarter. American Century Companies Inc. now owns 77,068 shares of the bank's stock worth $3,561,000 after buying an additional 25,617 shares in the last quarter. Pacific Ridge Capital Partners LLC boosted its holdings in Home Bancorp by 72.6% in the 4th 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 period. Bridgeway Capital Management LLC grew its position in Home Bancorp by 2.5% during the fourth quarter. Bridgeway Capital Management LLC now owns 61,942 shares of the bank's stock worth $2,862,000 after buying an additional 1,485 shares in the last quarter. Finally, Empowered Funds LLC raised its stake in Home Bancorp by 5.0% in the fourth quarter. Empowered Funds LLC now owns 31,448 shares of the bank's stock valued at $1,453,000 after purchasing an additional 1,485 shares in the last quarter. 49.41% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

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

Home Bancorp Stock Up 0.2%

NASDAQ HBCP traded up $0.09 during trading hours on Monday, reaching $50.87. 35,922 shares of the company's stock traded hands, compared to its average volume of 22,597. 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 firm has a market cap of $396.84 million, a PE ratio of 11.18 and a beta of 0.57. The firm has a 50-day simple moving average of $47.86 and a 200 day simple moving average of $47.61. Home Bancorp, Inc. has a 52-week low of $35.95 and a 52-week high of $52.77.

Home Bancorp (NASDAQ:HBCP - Get Free Report) last issued its earnings results on Monday, April 21st. The bank reported $1.37 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.14 by $0.23. Home Bancorp had a net margin of 18.27% and a return on equity of 9.57%. The business had revenue of $35.76 million during the quarter, compared to analysts' expectations of $30.90 million. During the same period in the previous year, the company earned $1.14 earnings per share. Sell-side analysts anticipate that Home Bancorp, Inc. will post 4.78 EPS for the current fiscal year.

Home Bancorp Announces Dividend

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

Insider Buying and Selling at Home Bancorp

In other Home Bancorp news, CFO David T. Kirkley sold 2,284 shares of the 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 directly owns 3,633 shares in the company, valued at approximately $176,309.49. This trade represents a 38.60% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Daniel G. Guidry sold 500 shares of the company's stock in a transaction dated Monday, May 12th. The stock was 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 owns 64,319 shares of the company's stock, valued at approximately $3,370,315.60. The trade was a 0.77% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 4,784 shares of company stock worth $238,923. Insiders own 7.90% of the company's stock.

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.