Sandler O’Neill reaffirmed their hold rating on shares of Home Bancorp, Inc. (NASDAQ:HBCP) in a research note released on Wednesday. They currently have a $46.00 price target on the bank’s stock.

Several other brokerages have also issued reports on HBCP. Zacks Investment Research lowered Home Bancorp from a buy rating to a hold rating in a report on Tuesday, July 4th. UBS AG lowered Home Bancorp from an outperform rating to a market perform rating in a report on Wednesday, July 26th. BidaskClub lowered Home Bancorp from a hold rating to a sell rating in a report on Friday, July 28th. Finally, Raymond James Financial, Inc. lowered Home Bancorp from an outperform rating to a market perform rating in a report on Wednesday, July 26th. One analyst has rated the stock with a sell rating, three have assigned a hold rating and one has issued a strong buy rating to the company. Home Bancorp presently has an average rating of Hold and a consensus target price of $47.00.

Shares of Home Bancorp (HBCP) traded down 0.38% during mid-day trading on Wednesday, reaching $42.00. The company’s stock had a trading volume of 34,091 shares. The stock has a market capitalization of $310.88 million, a price-to-earnings ratio of 16.67 and a beta of 0.11. Home Bancorp has a 52 week low of $27.19 and a 52 week high of $47.20. The company’s 50-day moving average is $41.70 and its 200-day moving average is $39.10.

Home Bancorp (NASDAQ:HBCP) last issued its quarterly earnings data on Tuesday, July 25th. The bank reported $0.66 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.62 by $0.04. The company had revenue of $18.06 million for the quarter, compared to analyst estimates of $18.32 million. Home Bancorp had a return on equity of 9.95% and a net margin of 23.05%. Equities analysts predict that Home Bancorp will post $2.58 EPS for the current year.

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Several hedge funds have recently modified their holdings of HBCP. Bank of New York Mellon Corp grew its holdings in shares of Home Bancorp by 3.2% during the first quarter. Bank of New York Mellon Corp now owns 29,101 shares of the bank’s stock worth $982,000 after purchasing an additional 889 shares during the last quarter. SG Americas Securities LLC purchased a new position in shares of Home Bancorp during the first quarter worth about $259,000. American International Group Inc. grew its holdings in shares of Home Bancorp by 6.7% during the first quarter. American International Group Inc. now owns 3,527 shares of the bank’s stock worth $119,000 after buying an additional 220 shares during the last quarter. Geode Capital Management LLC grew its holdings in shares of Home Bancorp by 5.7% during the first quarter. Geode Capital Management LLC now owns 33,284 shares of the bank’s stock worth $1,123,000 after buying an additional 1,782 shares during the last quarter. Finally, Renaissance Technologies LLC grew its holdings in shares of Home Bancorp by 9.2% during the first quarter. Renaissance Technologies LLC now owns 150,100 shares of the bank’s stock worth $5,066,000 after buying an additional 12,600 shares during the last quarter. 42.96% of the stock is currently owned by institutional investors.

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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