Home Bancorp, Inc. (NASDAQ:HBCP) issued its earnings results on Tuesday. The company reported $0.60 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.57 by $0.03. Home Bancorp had a return on equity of 9.30% and a net margin of 19.90%.
Home Bancorp (NASDAQ:HBCP) opened at 36.49 on Wednesday. Home Bancorp has a 1-year low of $23.76 and a 1-year high of $39.75. The company has a 50-day moving average price of $36.87 and a 200 day moving average price of $30.93. The stock has a market capitalization of $267.18 million, a P/E ratio of 16.52 and a beta of 0.25.
The company also recently disclosed a quarterly dividend, which will be paid on Friday, February 17th. Investors of record on Monday, February 6th will be paid a $0.13 dividend. This is an increase from Home Bancorp’s previous quarterly dividend of $0.12. This represents a $0.52 annualized dividend and a yield of 1.43%. The ex-dividend date of this dividend is Thursday, February 2nd. Home Bancorp’s dividend payout ratio (DPR) is presently 21.72%.
In other Home Bancorp news, Director John A. Hendry acquired 1,524 shares of Home Bancorp stock in a transaction dated Wednesday, November 16th. The stock was acquired at an average cost of $32.97 per share, for a total transaction of $50,246.28. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Kathy J. Bobbs acquired 1,000 shares of Home Bancorp stock in a transaction dated Friday, December 9th. The shares were acquired at an average price of $34.61 per share, with a total value of $34,610.00. The disclosure for this purchase can be found here. Over the last three months, insiders purchased 3,024 shares of company stock valued at $101,741. 16.20% of the stock is owned by corporate insiders.
Institutional investors have recently modified their holdings of the company. BlackRock Advisors LLC increased its position in shares of Home Bancorp by 38.6% in the third quarter. BlackRock Advisors LLC now owns 3,727 shares of the company’s stock valued at $104,000 after buying an additional 1,037 shares in the last quarter. The Manufacturers Life Insurance Company acquired a new position in shares of Home Bancorp during the third quarter valued at about $177,000. KCG Holdings Inc. acquired a new position in shares of Home Bancorp during the second quarter valued at about $228,000. Nationwide Fund Advisors increased its position in shares of Home Bancorp by 810.2% in the second quarter. Nationwide Fund Advisors now owns 8,947 shares of the company’s stock valued at $246,000 after buying an additional 7,964 shares in the last quarter. Finally, Teachers Advisors Inc. acquired a new position in shares of Home Bancorp during the second quarter valued at about $253,000. Institutional investors and hedge funds own 41.66% of the company’s stock.
Separately, Zacks Investment Research downgraded Home Bancorp from a “buy” rating to a “hold” rating in a research note on Monday, December 26th.
Home Bancorp Company Profile
Home Bancorp, Inc is a bank holding company for Home Bank, N.A. (the Bank). The Bank conducts business through approximately 30 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.