Home Bancorp, Inc. (HBCP) Position Raised by Thomson Horstmann & Bryant Inc.
Thomson Horstmann & Bryant Inc. boosted its stake in shares of Home Bancorp, Inc. (NASDAQ:HBCP) by 7.3% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 121,153 shares of the bank’s stock after acquiring an additional 8,283 shares during the quarter. Thomson Horstmann & Bryant Inc.’s holdings in Home Bancorp were worth $5,236,000 at the end of the most recent quarter.
A number of other hedge funds also recently made changes to their positions in the business. Vanguard Group Inc. boosted its stake in Home Bancorp by 3.0% during the second quarter. Vanguard Group Inc. now owns 158,459 shares of the bank’s stock worth $6,737,000 after buying an additional 4,623 shares during the period. State Street Corp boosted its stake in Home Bancorp by 40.4% during the second quarter. State Street Corp now owns 119,022 shares of the bank’s stock worth $5,063,000 after buying an additional 34,273 shares during the period. Dimensional Fund Advisors LP boosted its stake in Home Bancorp by 0.3% during the second quarter. Dimensional Fund Advisors LP now owns 96,906 shares of the bank’s stock worth $4,120,000 after buying an additional 324 shares during the period. Northern Trust Corp boosted its stake in Home Bancorp by 8.0% during the second quarter. Northern Trust Corp now owns 69,216 shares of the bank’s stock worth $2,943,000 after buying an additional 5,141 shares during the period. Finally, Raymond James Financial Services Advisors Inc. boosted its stake in Home Bancorp by 0.3% during the second quarter. Raymond James Financial Services Advisors Inc. now owns 49,973 shares of the bank’s stock worth $2,125,000 after buying an additional 158 shares during the period. 42.13% of the stock is owned by institutional investors.
Home Bancorp, Inc. (NASDAQ HBCP) opened at $42.66 on Thursday. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.98 and a current ratio of 0.99. The firm has a market cap of $316.35, a PE ratio of 17.27 and a beta of 0.23. Home Bancorp, Inc. has a 12 month low of $32.52 and a 12 month high of $47.20.
Home Bancorp (NASDAQ:HBCP) last announced its earnings results on Tuesday, October 24th. The bank reported $0.59 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.63 by ($0.04). The company had revenue of $18.25 million for the quarter, compared to analysts’ expectations of $18.54 million. Home Bancorp had a return on equity of 9.72% and a net margin of 22.54%. equities analysts forecast that Home Bancorp, Inc. will post 2.54 EPS for the current year.
In other news, CEO John W. Bordelon sold 15,578 shares of the firm’s stock in a transaction that occurred on Friday, October 27th. The shares were sold at an average price of $43.59, for a total value of $679,045.02. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider John W. Bordelon sold 7,000 shares of the firm’s stock in a transaction that occurred on Wednesday, November 29th. The shares were sold at an average price of $42.75, for a total transaction of $299,250.00. The disclosure for this sale can be found here. In the last three months, insiders sold 30,000 shares of company stock valued at $1,301,152. Insiders own 15.50% of the company’s stock.
Several research analysts have weighed in on the stock. Zacks Investment Research raised shares of Home Bancorp from a “sell” rating to a “hold” rating in a research note on Tuesday, December 26th. BidaskClub raised shares of Home Bancorp from a “sell” rating to a “hold” rating in a research note on Saturday, December 9th. Finally, Sandler O’Neill reaffirmed a “hold” rating and set a $46.00 target price on shares of Home Bancorp in a research note on Wednesday, October 18th. One analyst has rated the stock with a sell rating and four have issued a hold rating to the company. Home Bancorp has a consensus rating of “Hold” and a consensus price target of $47.00.
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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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