Home Bancorp, Inc. (NASDAQ:HBCP) CFO Joseph B. Zanco sold 6,000 shares of Home Bancorp stock in a transaction on Thursday, September 5th. The shares were sold at an average price of $37.68, for a total transaction of $226,080.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.
Shares of NASDAQ HBCP traded down $0.43 during mid-day trading on Friday, reaching $37.25. 7,338 shares of the company’s stock traded hands, compared to its average volume of 13,027. The stock has a market cap of $354.46 million, a P/E ratio of 10.46 and a beta of 0.37. The business has a 50-day simple moving average of $36.62 and a 200 day simple moving average of $36.16. Home Bancorp, Inc. has a 1-year low of $32.59 and a 1-year high of $45.66. The company has a debt-to-equity ratio of 0.17, a current ratio of 0.97 and a quick ratio of 0.97.
Home Bancorp (NASDAQ:HBCP) last issued its quarterly earnings data on Tuesday, July 23rd. The bank reported $0.71 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.76 by ($0.05). The business had revenue of $24.85 million for the quarter, compared to analyst estimates of $24.92 million. Home Bancorp had a net margin of 26.56% and a return on equity of 10.09%. Equities research analysts anticipate that Home Bancorp, Inc. will post 3.13 earnings per share for the current fiscal year.
Several equities research analysts have weighed in on the stock. Zacks Investment Research downgraded shares of Home Bancorp from a “strong-buy” rating to a “hold” rating in a research note on Friday. BidaskClub raised shares of Home Bancorp from a “strong sell” rating to a “sell” rating in a research note on Thursday, August 1st. Finally, Raymond James raised shares of Home Bancorp from a “market perform” rating to an “outperform” rating and set a $40.00 price target for the company in a research note on Wednesday, July 24th. One research analyst has rated the stock with a sell rating, two have issued a hold rating and one has given a buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus target price of $40.50.
Several hedge funds and other institutional investors have recently modified their holdings of the company. BlackRock Inc. grew its holdings in shares of Home Bancorp by 2.0% during the second quarter. BlackRock Inc. now owns 405,936 shares of the bank’s stock valued at $15,619,000 after buying an additional 7,927 shares during the last quarter. Vanguard Group Inc. grew its holdings in shares of Home Bancorp by 12.1% during the second quarter. Vanguard Group Inc. now owns 360,662 shares of the bank’s stock valued at $13,878,000 after buying an additional 39,019 shares during the last quarter. Renaissance Technologies LLC grew its holdings in shares of Home Bancorp by 2.1% during the second quarter. Renaissance Technologies LLC now owns 231,400 shares of the bank’s stock valued at $8,904,000 after buying an additional 4,700 shares during the last quarter. Dimensional Fund Advisors LP grew its holdings in shares of Home Bancorp by 11.8% during the fourth quarter. Dimensional Fund Advisors LP now owns 187,602 shares of the bank’s stock valued at $6,641,000 after buying an additional 19,872 shares during the last quarter. Finally, Northern Trust Corp grew its holdings in shares of Home Bancorp by 3.1% during the second quarter. Northern Trust Corp now owns 95,736 shares of the bank’s stock valued at $3,684,000 after buying an additional 2,843 shares during the last quarter. Hedge funds and other institutional investors own 37.00% of the company’s stock.
Home Bancorp Company Profile
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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