According to Zacks, “HOME BANCORP, INC. is a holding company for Home Bank. Home Bancorp has not commenced operations and has no assets. Home Bank is a federally chartered mutual savings bank. Home Bank is a community oriented savings bank offering a range of deposit and loan products, primarily to individuals, families and small to mid-sized businesses located in its market area as well as contiguous markets in south central Louisiana. “
A number of other research analysts have also weighed in on the stock. ValuEngine raised shares of Home Bancorp from a sell rating to a hold rating in a report on Wednesday, May 8th. BidaskClub raised shares of Home Bancorp from a strong sell rating to a sell rating in a report on Wednesday, March 6th. Finally, FIG Partners reissued a market-perform rating on shares of Home Bancorp in a report on Tuesday, January 29th.
Home Bancorp (NASDAQ:HBCP) last posted its earnings results on Tuesday, April 23rd. The bank reported $0.85 earnings per share for the quarter, beating analysts’ consensus estimates of $0.78 by $0.07. Home Bancorp had a net margin of 27.58% and a return on equity of 11.10%. The firm had revenue of $24.89 million during the quarter, compared to analyst estimates of $25.25 million. Analysts predict that Home Bancorp will post 3.13 earnings per share for the current year.
The business also recently declared a quarterly dividend, which will be paid on Friday, May 17th. Investors of record on Monday, May 6th will be given a $0.21 dividend. The ex-dividend date is Friday, May 3rd. This is an increase from Home Bancorp’s previous quarterly dividend of $0.20. This represents a $0.84 dividend on an annualized basis and a yield of 2.32%. Home Bancorp’s dividend payout ratio (DPR) is currently 23.60%.
In related news, EVP Darren E. Guidry sold 5,063 shares of the firm’s stock in a transaction on Tuesday, February 19th. The stock was sold at an average price of $35.31, for a total value of $178,774.53. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, insider John W. Bordelon sold 1,369 shares of the firm’s stock in a transaction on Friday, May 10th. The stock was sold at an average price of $36.26, for a total value of $49,639.94. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 23,423 shares of company stock valued at $836,578. 12.40% of the stock is owned by corporate insiders.
A number of institutional investors and hedge funds have recently modified their holdings of the stock. BlackRock Inc. lifted its position in Home Bancorp by 2.8% in the fourth quarter. BlackRock Inc. now owns 407,773 shares of the bank’s stock worth $14,436,000 after buying an additional 11,111 shares during the last quarter. Vanguard Group Inc lifted its position in Home Bancorp by 1.1% in the third quarter. Vanguard Group Inc now owns 319,163 shares of the bank’s stock worth $13,878,000 after buying an additional 3,487 shares during the last quarter. Vanguard Group Inc. lifted its position in Home Bancorp by 1.1% in the third quarter. Vanguard Group Inc. now owns 319,163 shares of the bank’s stock worth $13,878,000 after buying an additional 3,487 shares during the last quarter. Dimensional Fund Advisors LP lifted its position in Home Bancorp by 10.0% in the first quarter. Dimensional Fund Advisors LP now owns 206,440 shares of the bank’s stock worth $6,865,000 after buying an additional 18,838 shares during the last quarter. Finally, Geode Capital Management LLC lifted its position in Home Bancorp by 6.0% in the fourth quarter. Geode Capital Management LLC now owns 74,855 shares of the bank’s stock worth $2,649,000 after buying an additional 4,230 shares during the last quarter. Institutional investors own 37.58% of the company’s stock.
About Home Bancorp
Home Bancorp, Inc operates as the holding company for Home Bank, National Association that provides various banking products and services in Louisiana. It offers deposits products, including interest-bearing and noninterest-bearing checking, money market, savings, and certificates of deposit accounts.
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