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4,933 Shares in Home Bancorp, Inc. (NASDAQ:HBCP) Purchased by First Trust Advisors LP

Home Bancorp logo with Finance background

First Trust Advisors LP bought a new stake in Home Bancorp, Inc. (NASDAQ:HBCP - Free Report) in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 4,933 shares of the bank's stock, valued at approximately $228,000. First Trust Advisors LP owned 0.06% of Home Bancorp as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently bought and sold shares of HBCP. Picton Mahoney Asset Management lifted its position in Home Bancorp by 100.7% during the fourth quarter. Picton Mahoney Asset Management now owns 590 shares of the bank's stock valued at $27,000 after buying an additional 296 shares in the last quarter. SG Americas Securities LLC lifted its position in 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 buying an additional 668 shares in the last quarter. Wells Fargo & Company MN lifted its position in Home Bancorp by 14.6% during the fourth quarter. Wells Fargo & Company MN now owns 7,101 shares of the bank's stock valued at $328,000 after buying an additional 902 shares in the last quarter. Trexquant Investment LP acquired a new position in Home Bancorp during the fourth quarter valued at approximately $345,000. Finally, Barclays PLC lifted its position in Home Bancorp by 287.9% during the third quarter. Barclays PLC now owns 9,142 shares of the bank's stock valued at $407,000 after buying an additional 6,785 shares in the last quarter. 49.41% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Home Bancorp

In other Home Bancorp 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 completion of the sale, the chief financial officer now directly owns 3,633 shares in the company, valued at $176,309.49. The trade was 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 available through the SEC website. Also, Director Daniel G. Guidry sold 500 shares of the business's stock in a transaction on Monday, May 12th. The stock was sold at an average price of $52.40, for a total transaction of $26,200.00. Following the completion of the sale, the director now 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. Insiders have sold a total of 4,784 shares of company stock valued at $238,923 over the last ninety days. Corporate insiders own 7.90% of the company's stock.

Home Bancorp Price Performance

HBCP traded down $0.51 on Friday, reaching $51.37. The company had a trading volume of 9,087 shares, compared to its average volume of 20,327. The company has a market capitalization of $400.73 million, a P/E ratio of 11.29 and a beta of 0.56. The company has a current ratio of 0.96, a quick ratio of 0.96 and a debt-to-equity ratio of 0.24. The company has a fifty day moving average of $46.25 and a 200-day moving average of $47.47. Home Bancorp, Inc. has a one year low of $35.16 and a one year high of $52.77.

Home Bancorp (NASDAQ:HBCP - Get Free Report) last announced its quarterly earnings data 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. The company had revenue of $35.76 million for 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 in the previous year, the company posted $1.14 EPS. As a group, equities research analysts anticipate that Home Bancorp, Inc. will post 4.78 earnings per share for the current year.

Home Bancorp Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, May 16th. Stockholders of record on Monday, May 5th will be given a $0.27 dividend. This represents a $1.08 annualized dividend and a dividend yield of 2.10%. The ex-dividend date of this dividend is Monday, May 5th. Home Bancorp's dividend payout ratio (DPR) is currently 22.59%.

Analyst Ratings Changes

A number of brokerages have weighed in on HBCP. Piper Sandler lifted their price target on shares of Home Bancorp from $60.00 to $65.00 and gave the company an "overweight" rating in a research report on Wednesday, April 23rd. StockNews.com raised shares of Home Bancorp from a "hold" rating to a "buy" rating in a research report on Wednesday. Finally, Hovde Group boosted their target price 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.

Check Out Our Latest Report on Home Bancorp

Home Bancorp Company Profile

(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.

See Also

Institutional Ownership by Quarter for Home Bancorp (NASDAQ:HBCP)

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