Jane Street Group LLC Sells 1,717 Shares of Home Bancorp, Inc. (NASDAQ:HBCP)

Jane Street Group LLC lowered its stake in Home Bancorp, Inc. (NASDAQ:HBCP) by 23.7% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 5,529 shares of the bank’s stock after selling 1,717 shares during the period. Jane Street Group LLC owned 0.07% of Home Bancorp worth $246,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in HBCP. NewEdge Advisors LLC boosted its holdings in Home Bancorp by 120.9% in the second quarter. NewEdge Advisors LLC now owns 140,352 shares of the bank’s stock valued at $5,615,000 after acquiring an additional 76,812 shares in the last quarter. Montz Harcus Wealth Management LLC bought a new stake in Home Bancorp in the third quarter valued at $1,598,000. Crawford Fund Management LLC boosted its holdings in Home Bancorp by 48.3% in the third quarter. Crawford Fund Management LLC now owns 91,247 shares of the bank’s stock valued at $4,068,000 after acquiring an additional 29,722 shares in the last quarter. Dimensional Fund Advisors LP boosted its holdings in Home Bancorp by 2.1% in the second quarter. Dimensional Fund Advisors LP now owns 398,376 shares of the bank’s stock valued at $15,938,000 after acquiring an additional 8,219 shares in the last quarter. Finally, De Lisle Partners LLP boosted its holdings in Home Bancorp by 36.1% in the third quarter. De Lisle Partners LLP now owns 24,985 shares of the bank’s stock valued at $1,114,000 after acquiring an additional 6,626 shares in the last quarter. Institutional investors own 49.41% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on HBCP shares. Hovde Group cut shares of Home Bancorp from an “outperform” rating to a “market perform” rating and lifted their price target for the company from $53.00 to $54.50 in a report on Tuesday, November 12th. 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 report on Monday, October 21st. Finally, StockNews.com upgraded shares of Home Bancorp from a “hold” rating to a “buy” rating in a report on Friday, January 3rd.

Home Bancorp Stock Performance

Shares of HBCP stock opened at $42.32 on Friday. The stock has a market cap of $341.78 million, a PE ratio of 9.38 and a beta of 0.71. The company’s fifty day moving average price is $48.19 and its 200-day moving average price is $44.51. Home Bancorp, Inc. has a 12 month low of $33.30 and a 12 month high of $52.39. The company has a current ratio of 0.96, a quick ratio of 0.96 and a debt-to-equity ratio of 0.24.

Home Bancorp (NASDAQ:HBCP) last announced its quarterly 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. The company had revenue of $34.07 million for the quarter, compared to analysts’ expectations of $33.10 million. Home Bancorp had a net margin of 18.55% and a return on equity of 9.58%. On average, equities analysts expect that Home Bancorp, Inc. will post 4.48 EPS for the current fiscal year.

Home Bancorp Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, November 8th. Investors of record on Monday, October 28th were paid a $0.26 dividend. This is a boost from Home Bancorp’s previous quarterly dividend of $0.25. The ex-dividend date was Monday, October 28th. This represents a $1.04 dividend on an annualized basis and a yield of 2.46%. Home Bancorp’s payout ratio is presently 23.06%.

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.