BidaskClub upgraded shares of Home Bancorp (NASDAQ:HBCP) from a sell rating to a hold rating in a research report report published on Saturday morning.

Other analysts have also issued reports about the company. Zacks Investment Research lowered Home Bancorp from a strong-buy rating to a hold rating in a research note on Tuesday, October 24th. Sandler O’Neill reissued a hold rating and set a $46.00 price target on shares of Home Bancorp in a research note on Wednesday, October 18th. Five equities research analysts have rated the stock with a hold rating, The company currently has an average rating of Hold and an average target price of $47.00.

Shares of Home Bancorp (HBCP) traded down $1.49 during mid-day trading on Friday, hitting $42.09. The stock had a trading volume of 23,650 shares, compared to its average volume of 23,319. Home Bancorp has a 12-month low of $32.52 and a 12-month high of $47.20. The firm has a market capitalization of $313.39, a price-to-earnings ratio of 16.77 and a beta of 0.12. The company has a quick ratio of 0.98, a current ratio of 0.99 and a debt-to-equity ratio of 0.34.

Home Bancorp (NASDAQ:HBCP) last announced its quarterly earnings results on Tuesday, October 24th. The bank reported $0.59 EPS for the quarter, missing the Zacks’ consensus estimate of $0.63 by ($0.04). Home Bancorp had a net margin of 22.54% and a return on equity of 9.72%. The firm had revenue of $18.25 million for the quarter, compared to analyst estimates of $18.54 million. analysts forecast that Home Bancorp will post 2.53 EPS for the current year.

The company also recently declared a quarterly dividend, which was paid on Friday, November 17th. Stockholders of record on Monday, November 6th were paid a dividend of $0.14 per share. This represents a $0.56 dividend on an annualized basis and a dividend yield of 1.33%. The ex-dividend date of this dividend was Friday, November 3rd. Home Bancorp’s payout ratio is 22.67%.

In related news, insider John W. Bordelon sold 7,422 shares of Home Bancorp stock in a transaction that occurred on Thursday, December 7th. The stock was sold at an average price of $43.50, for a total value of $322,857.00. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, insider John W. Bordelon sold 7,000 shares of Home Bancorp stock in a transaction that occurred on Wednesday, November 29th. The stock was sold at an average price of $42.75, for a total value of $299,250.00. The disclosure for this sale can be found here. Insiders have sold 30,000 shares of company stock worth $1,301,152 over the last three months. Insiders own 15.50% of the company’s stock.

Several institutional investors have recently bought and sold shares of HBCP. SG Americas Securities LLC acquired a new position in shares of Home Bancorp in the third quarter worth approximately $147,000. JPMorgan Chase & Co. acquired a new position in shares of Home Bancorp in the third quarter worth approximately $165,000. Wells Fargo & Company MN lifted its stake in shares of Home Bancorp by 3.1% in the second quarter. Wells Fargo & Company MN now owns 4,438 shares of the bank’s stock worth $189,000 after acquiring an additional 133 shares during the period. Russell Investments Group Ltd. lifted its stake in shares of Home Bancorp by 105.4% in the second quarter. Russell Investments Group Ltd. now owns 4,930 shares of the bank’s stock worth $210,000 after acquiring an additional 2,530 shares during the period. Finally, Green Square Capital LLC acquired a new position in shares of Home Bancorp in the second quarter worth approximately $228,000. 42.13% of the stock is currently owned by institutional investors.

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Home Bancorp Company Profile

Home Bancorp, Inc is a bank holding company for Home Bank, N.A. (the Bank). The Bank conducts business through banking offices in the Greater Lafayette, Baton Rouge, Greater New Orleans and Northshore (of Lake Pontchartrain) regions of south Louisiana and the Natchez and Vicksburg regions of west Mississippi.

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