American Century Companies Inc. raised its holdings in Home Bancorp, Inc. (NASDAQ:HBCP) by 35.2% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 13,854 shares of the bank’s stock after purchasing an additional 3,610 shares during the period. American Century Companies Inc.’s holdings in Home Bancorp were worth $528,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds have also bought and sold shares of the company. BlackRock Inc. increased its stake in shares of Home Bancorp by 11.5% in the first quarter. BlackRock Inc. now owns 472,173 shares of the bank’s stock worth $17,023,000 after purchasing an additional 48,707 shares in the last quarter. Geode Capital Management LLC increased its stake in shares of Home Bancorp by 12.3% in the first quarter. Geode Capital Management LLC now owns 120,475 shares of the bank’s stock worth $4,343,000 after purchasing an additional 13,235 shares in the last quarter. Russell Investments Group Ltd. grew its stake in Home Bancorp by 61.4% during the second quarter. Russell Investments Group Ltd. now owns 45,199 shares of the bank’s stock valued at $1,720,000 after acquiring an additional 17,201 shares in the last quarter. Morgan Stanley grew its stake in Home Bancorp by 339.9% during the first quarter. Morgan Stanley now owns 42,597 shares of the bank’s stock valued at $1,536,000 after acquiring an additional 32,913 shares in the last quarter. Finally, Acadian Asset Management LLC grew its stake in Home Bancorp by 17.1% during the first quarter. Acadian Asset Management LLC now owns 23,148 shares of the bank’s stock valued at $834,000 after acquiring an additional 3,372 shares in the last quarter. Hedge funds and other institutional investors own 39.79% of the company’s stock.
Separately, Zacks Investment Research cut shares of Home Bancorp from a “buy” rating to a “hold” rating in a research note on Thursday, July 8th.
Home Bancorp (NASDAQ:HBCP) last announced its earnings results on Monday, July 26th. The bank reported $1.34 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.20 by $0.14. Home Bancorp had a net margin of 36.08% and a return on equity of 13.43%. On average, equities analysts forecast that Home Bancorp, Inc. will post 4.93 earnings per share for the current fiscal year.
The business also recently announced a quarterly dividend, which was paid on Friday, August 20th. Shareholders of record on Monday, August 9th were given a dividend of $0.23 per share. The ex-dividend date was Friday, August 6th. This represents a $0.92 annualized dividend and a yield of 2.47%. Home Bancorp’s payout ratio is presently 32.06%.
In related news, Director Chris P. Rader bought 1,000 shares of the company’s stock in a transaction on Friday, September 10th. The stock was acquired at an average cost of $36.87 per share, for a total transaction of $36,870.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 6.70% of the company’s stock.
Home Bancorp Company Profile
Home Bancorp, Inc is a holding company, which engages in the provision of financial services. It offers customer deposits, repayments of loans, repayments of investments, and funds borrowed from outside sources. The company was founded in 1908 and is headquartered in Lafayette, LA.
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