FJ Capital Management LLC Lowers Holdings in Home Bancorp, Inc. (NASDAQ:HBCP)

FJ Capital Management LLC trimmed its stake in shares of Home Bancorp, Inc. (NASDAQ:HBCP - Free Report) by 12.8% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 687,589 shares of the bank's stock after selling 100,517 shares during the quarter. Home Bancorp comprises 3.7% of FJ Capital Management LLC's holdings, making the stock its 6th biggest position. FJ Capital Management LLC owned about 8.51% of Home Bancorp worth $31,773,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently made changes to their positions in the stock. Deutsche Bank AG raised its stake in shares of Home Bancorp by 58.3% in the 4th quarter. Deutsche Bank AG now owns 8,012 shares of the bank's stock worth $370,000 after buying an additional 2,950 shares in the last quarter. Bridgeway Capital Management LLC lifted its holdings in Home Bancorp by 2.5% in the 4th quarter. Bridgeway Capital Management LLC now owns 61,942 shares of the bank's stock valued at $2,862,000 after acquiring an additional 1,485 shares during the last quarter. Citadel Advisors LLC acquired a new position in shares of Home Bancorp in the 4th quarter worth approximately $774,000. Bank of America Corp DE lifted its stake in Home Bancorp by 33.3% during the fourth quarter. Bank of America Corp DE now owns 9,682 shares of the bank's stock valued at $447,000 after purchasing an additional 2,420 shares during the last quarter. Finally, BNP Paribas Financial Markets boosted its holdings in Home Bancorp by 235.9% during the fourth quarter. BNP Paribas Financial Markets now owns 7,985 shares of the bank's stock worth $369,000 after buying an additional 5,608 shares in the last quarter. 49.41% of the stock is owned by institutional investors and hedge funds.

Home Bancorp Stock Down 0.2%

Shares of Home Bancorp stock traded down $0.10 during midday trading on Wednesday, reaching $51.37. 6,760 shares of the company's stock traded hands, compared to its average volume of 20,259. 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, Inc. has a 52 week low of $35.16 and a 52 week high of $52.77. The company's 50 day simple moving average is $45.97 and its 200 day simple moving average is $47.41. The company has a market cap of $400.74 million, a price-to-earnings ratio of 11.29 and a beta of 0.56.

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

Home Bancorp Dividend Announcement

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

Analyst Upgrades and Downgrades

HBCP has been the subject of several research reports. StockNews.com raised Home Bancorp from a "hold" rating to a "buy" rating in a research note on Tuesday, May 6th. Hovde Group lifted their price target on Home Bancorp from $48.50 to $51.50 and gave the stock a "market perform" rating in a research note on Thursday, April 24th. Finally, Piper Sandler lifted their target price on shares of Home Bancorp from $60.00 to $65.00 and gave the stock an "overweight" rating in a research report on Wednesday, April 23rd.

Insider Transactions at Home Bancorp

In related news, Director Daniel G. Guidry sold 2,000 shares of the firm's stock in a transaction on Monday, May 5th. The stock was sold at an average price of $50.94, for a total value of $101,880.00. Following the completion of the transaction, 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 ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO David T. Kirkley sold 2,284 shares of the business's stock in a transaction 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 directly owns 3,633 shares in the company, valued at $176,309.49. This trade represents a 38.60% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 4,784 shares of company stock worth $238,923. 7.90% of the stock is currently owned by company insiders.

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.