BidaskClub downgraded shares of Home Bancorp, Inc. (NASDAQ:HBCP) from a hold rating to a sell rating in a research note published on Friday morning.

Several other equities analysts also recently weighed in on HBCP. Raymond James Financial, Inc. downgraded Home Bancorp from an outperform rating to a market perform rating in a research report on Wednesday, July 26th. UBS AG downgraded Home Bancorp from an outperform rating to a market perform rating in a research report on Wednesday, July 26th. Finally, Zacks Investment Research upgraded Home Bancorp from a hold rating to a buy rating and set a $46.00 target price on the stock in a research report on Thursday, July 27th.

Home Bancorp (NASDAQ:HBCP) traded down 0.0259% during mid-day trading on Friday, reaching $40.5095. The company’s stock had a trading volume of 7,929 shares. The firm’s 50 day moving average is $41.47 and its 200-day moving average is $36.89. The company has a market cap of $299.81 million, a PE ratio of 16.0752 and a beta of 0.12. Home Bancorp has a 12-month low of $27.00 and a 12-month high of $47.20.

Home Bancorp (NASDAQ:HBCP) last released its earnings results on Tuesday, July 25th. The bank reported $0.66 earnings per share for the quarter, beating the consensus estimate of $0.62 by $0.04. The business had revenue of $18.06 million for the quarter, compared to the consensus estimate of $18.32 million. Home Bancorp had a return on equity of 9.63% and a net margin of 24.84%. Equities analysts anticipate that Home Bancorp will post $2.55 earnings per share for the current fiscal year.

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The company also recently announced a quarterly dividend, which will be paid on Friday, August 18th. Stockholders of record on Monday, August 7th will be given a $0.14 dividend. The ex-dividend date of this dividend is Thursday, August 3rd. This represents a $0.56 annualized dividend and a dividend yield of 1.38%. Home Bancorp’s dividend payout ratio (DPR) is presently 22.22%.

Several institutional investors have recently added to or reduced their stakes in the stock. Russell Investments Group Ltd. purchased a new stake in Home Bancorp during the fourth quarter valued at about $116,000. American International Group Inc. raised its stake in Home Bancorp by 6.7% in the first quarter. American International Group Inc. now owns 3,527 shares of the bank’s stock valued at $119,000 after buying an additional 220 shares during the last quarter. Metropolitan Life Insurance Co. NY purchased a new stake in Home Bancorp during the fourth quarter valued at about $171,000. Beese Fulmer Investment Management Inc. purchased a new stake in Home Bancorp during the second quarter valued at about $235,000. Finally, Eagle Global Advisors LLC purchased a new stake in Home Bancorp during the second quarter valued at about $290,000. Institutional investors and hedge funds own 79.11% of the company’s stock.

About Home Bancorp

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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