Home Bancorp, Inc. (NASDAQ:HBCP) Shares Bought by Barclays PLC

Barclays PLC increased its holdings in Home Bancorp, Inc. (NASDAQ:HBCP) by 287.9% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 9,142 shares of the bank’s stock after acquiring an additional 6,785 shares during the quarter. Barclays PLC owned approximately 0.11% of Home Bancorp worth $407,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. BNP Paribas Financial Markets raised its position in shares of Home Bancorp by 73.8% in the 3rd quarter. BNP Paribas Financial Markets now owns 2,377 shares of the bank’s stock valued at $106,000 after purchasing an additional 1,009 shares in the last quarter. SG Americas Securities LLC bought a new stake in shares of Home Bancorp in the third quarter worth $110,000. Martingale Asset Management L P raised its holdings in Home Bancorp by 2.9% in the third quarter. Martingale Asset Management L P now owns 14,172 shares of the bank’s stock valued at $632,000 after acquiring an additional 400 shares in the last quarter. Summit Financial Wealth Advisors LLC boosted its stake in Home Bancorp by 12.6% during the 3rd quarter. Summit Financial Wealth Advisors LLC now owns 23,374 shares of the bank’s stock valued at $1,042,000 after acquiring an additional 2,622 shares during the last quarter. Finally, De Lisle Partners LLP grew its holdings in Home Bancorp by 36.1% during the 3rd quarter. De Lisle Partners LLP now owns 24,985 shares of the bank’s stock worth $1,114,000 after acquiring an additional 6,626 shares in the last quarter. Hedge funds and other institutional investors own 49.41% of the company’s stock.

Home Bancorp Stock Up 2.6 %

Shares of NASDAQ:HBCP opened at $46.29 on Friday. Home Bancorp, Inc. has a 1-year low of $33.30 and a 1-year high of $52.39. The company’s fifty day moving average is $48.55 and its two-hundred day moving average is $44.24. The company has a debt-to-equity ratio of 0.24, a quick ratio of 0.96 and a current ratio of 0.96. The stock has a market capitalization of $373.84 million, a price-to-earnings ratio of 10.26 and a beta of 0.71.

Home Bancorp (NASDAQ:HBCP) last issued its earnings results on Thursday, October 17th. The bank reported $1.18 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.97 by $0.21. Home Bancorp had a net margin of 18.55% and a return on equity of 9.58%. The firm had revenue of $34.07 million for the quarter, compared to analysts’ expectations of $33.10 million. Equities analysts anticipate that Home Bancorp, Inc. will post 4.48 EPS for the current year.

Home Bancorp Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, November 8th. Investors of record on Monday, October 28th were given a dividend of $0.26 per share. The ex-dividend date was Monday, October 28th. This represents a $1.04 dividend on an annualized basis and a yield of 2.25%. This is a positive change from Home Bancorp’s previous quarterly dividend of $0.25. Home Bancorp’s payout ratio is currently 23.06%.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on the stock. Raymond James upgraded shares of Home Bancorp from a “market perform” rating to an “outperform” rating and set a $50.00 target price on the stock in a research note on Monday, October 21st. Hovde Group cut Home Bancorp from an “outperform” rating to a “market perform” rating and upped their price objective for the company from $53.00 to $54.50 in a research note on Tuesday, November 12th. Finally, StockNews.com raised Home Bancorp from a “hold” rating to a “buy” rating in a report on Friday.

Home Bancorp Company Profile

Home Bancorp, Inc operates as the bank holding company for Home Bank, National Association that provides various banking products and services in Louisiana, Mississippi, and Texas. It offers deposit products, including interest-bearing and noninterest-bearing checking, money market, savings, NOW, and certificates of deposit accounts.