Barclays PLC Boosts Position in Home Bancorp, Inc. (NASDAQ:HBCP)

Barclays PLC raised its position in shares of Home Bancorp, Inc. (NASDAQ:HBCP) by 287.9% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 9,142 shares of the bank’s stock after purchasing an additional 6,785 shares during the period. Barclays PLC owned about 0.11% of Home Bancorp worth $407,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently added to or reduced their stakes in the business. Geode Capital Management LLC lifted its holdings in shares of Home Bancorp by 1.2% during the 3rd quarter. Geode Capital Management LLC now owns 162,727 shares of the bank’s stock valued at $7,256,000 after purchasing an additional 1,874 shares during the last quarter. State Street Corp lifted its holdings in Home Bancorp by 1.5% in the third quarter. State Street Corp now owns 156,752 shares of the bank’s stock valued at $6,988,000 after acquiring an additional 2,269 shares during the period. Martingale Asset Management L P grew its position in shares of Home Bancorp by 2.9% during the 3rd 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 during the period. Crawford Fund Management LLC increased its holdings in Home Bancorp by 48.3% in the 3rd quarter. Crawford Fund Management LLC now owns 91,247 shares of the bank’s stock worth $4,068,000 after acquiring an additional 29,722 shares in the last quarter. Finally, De Lisle Partners LLP boosted its holdings in Home Bancorp by 36.1% in the 3rd quarter. De Lisle Partners LLP now owns 24,985 shares of the bank’s stock worth $1,114,000 after buying an additional 6,626 shares during the last quarter. 49.41% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

HBCP has been the subject of a number of recent research reports. Hovde Group downgraded Home Bancorp from an “outperform” rating to a “market perform” rating and raised their target price for the stock from $53.00 to $54.50 in a research note on Tuesday, November 12th. Raymond James upgraded Home Bancorp from a “market perform” rating to an “outperform” rating and set a $50.00 target price for the company in a report on Monday, October 21st. Finally, StockNews.com upgraded Home Bancorp from a “hold” rating to a “buy” rating in a research note on Tuesday, January 14th.

Home Bancorp Stock Performance

Shares of Home Bancorp stock opened at $46.51 on Friday. The firm’s 50 day moving average is $47.86 and its two-hundred day moving average is $44.73. The company has a quick ratio of 0.96, a current ratio of 0.96 and a debt-to-equity ratio of 0.24. Home Bancorp, Inc. has a 52 week low of $33.30 and a 52 week high of $52.39. The firm has a market capitalization of $375.80 million, a P/E ratio of 10.31 and a beta of 0.71.

Home Bancorp (NASDAQ:HBCP) last announced its earnings results on Thursday, October 17th. The bank reported $1.18 earnings per share for the quarter, beating the consensus estimate of $0.97 by $0.21. Home Bancorp had a return on equity of 9.58% and a net margin of 18.55%. The company had revenue of $34.07 million for the quarter, compared to the consensus estimate of $33.10 million. Research analysts forecast that Home Bancorp, Inc. will post 4.48 EPS for the current fiscal year.

About Home Bancorp

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.