Home Bancorp (NASDAQ:HBCP) Stock Passes Below Two Hundred Day Moving Average - Should You Sell?

Key Points

• Shares crossed below its 200‑day moving average (200‑day MA $57.30), trading as low as $56.14 intraday while last trading around $58.43.
• Analyst sentiment is positive with an average rating of "Buy" and an average target price of $63.00; recent actions include Zacks upgrading to strong‑buy and Hovde raising its target to $62.
• Fundamentals and insider activity are supportive: the company beat EPS estimates last quarter ($1.46 vs. $1.39), trades at a P/E of 9.95, pays a $0.31 quarterly dividend (≈2.1% yield), and a director purchased 500 shares at $59.50.

Home Bancorp, Inc. (NASDAQ:HBCP - Get Free Report) shares crossed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $57.30 and traded as low as $56.14. Home Bancorp shares last traded at $58.43, with a volume of 76,171 shares trading hands.

Analysts Set New Price Targets

Several brokerages have weighed in on HBCP. Weiss Ratings reaffirmed a "buy (b)" rating on shares of Home Bancorp in a research report on Monday, December 29th. Hovde Group lifted their price target on Home Bancorp from $61.00 to $62.00 and gave the company a "market perform" rating in a report on Thursday, January 29th. Finally, Zacks Research upgraded Home Bancorp from a "hold" rating to a "strong-buy" rating in a report on Monday, February 2nd. One research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat, Home Bancorp currently has an average rating of "Buy" and an average target price of $63.00.

Home Bancorp Price Performance

The stock has a market capitalization of $457.51 million, a P/E ratio of 9.95 and a beta of 0.58. The stock's fifty day moving average is $60.25 and its 200-day moving average is $57.30. The company has a debt-to-equity ratio of 0.14, a current ratio of 0.97 and a quick ratio of 0.97.

Home Bancorp (NASDAQ:HBCP - Get Free Report) last posted its earnings results on Monday, January 26th. The bank reported $1.46 earnings per share for the quarter, beating the consensus estimate of $1.39 by $0.07. Home Bancorp had a return on equity of 11.19% and a net margin of 22.01%.The company had revenue of $38.05 million for the quarter, compared to analyst estimates of $33.73 million. On average, equities analysts anticipate that Home Bancorp, Inc. will post 4.78 earnings per share for the current year.

Home Bancorp Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, February 20th. Investors of record on Monday, February 9th were paid a $0.31 dividend. This represents a $1.24 dividend on an annualized basis and a dividend yield of 2.1%. The ex-dividend date of this dividend was Monday, February 9th. Home Bancorp's dividend payout ratio (DPR) is presently 21.12%.

Insiders Place Their Bets

In related news, Director Chris P. Rader bought 500 shares of Home Bancorp stock in a transaction that occurred on Thursday, February 19th. The stock was purchased at an average cost of $59.50 per share, for a total transaction of $29,750.00. Following the acquisition, the director owned 17,714 shares in the company, valued at $1,053,983. This trade represents a 2.90% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through the SEC website. Company insiders own 7.90% of the company's stock.

Hedge Funds Weigh In On Home Bancorp

A number of institutional investors have recently modified their holdings of the company. Invesco Ltd. boosted its holdings in shares of Home Bancorp by 22.6% during the 4th quarter. Invesco Ltd. now owns 8,606 shares of the bank's stock worth $497,000 after buying an additional 1,588 shares during the period. Mercer Global Advisors Inc. ADV bought a new position in Home Bancorp in the 4th quarter worth $208,000. NewEdge Advisors LLC raised its holdings in Home Bancorp by 0.4% in the 4th quarter. NewEdge Advisors LLC now owns 106,303 shares of the bank's stock worth $6,144,000 after acquiring an additional 382 shares during the period. Empowered Funds LLC lifted its position in Home Bancorp by 10.5% during the 4th quarter. Empowered Funds LLC now owns 45,990 shares of the bank's stock worth $2,658,000 after acquiring an additional 4,375 shares during the last quarter. Finally, Occudo Quantitative Strategies LP bought a new stake in Home Bancorp during the fourth quarter valued at about $202,000. Institutional investors own 49.41% of the company's stock.

Home Bancorp Company Profile

Home Bancorp, Inc is the bank holding company for The Home National Bank, a full-service financial institution headquartered in Lafayette, Louisiana. The company operates as a regional commercial bank serving individuals, small businesses and municipalities across Louisiana and East Texas. Through its network of branches and digital banking platforms, Home Bancorp offers a range of deposit and lending solutions designed to meet the needs of its local markets.

The company's core offerings include retail deposit products such as checking, savings and money market accounts, as well as a variety of commercial and consumer lending services.

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