Home Bancorp, Inc. (NASDAQ:HBCP) Shares Bought by De Lisle Partners LLP

De Lisle Partners LLP increased its holdings in Home Bancorp, Inc. (NASDAQ:HBCP) by 36.1% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 24,985 shares of the bank’s stock after acquiring an additional 6,626 shares during the quarter. De Lisle Partners LLP owned approximately 0.31% of Home Bancorp worth $1,114,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently made changes to their positions in the company. BNP Paribas Financial Markets raised its holdings in shares of Home Bancorp by 73.8% during the third quarter. BNP Paribas Financial Markets now owns 2,377 shares of the bank’s stock worth $106,000 after purchasing an additional 1,009 shares during the period. Summit Financial Wealth Advisors LLC lifted its stake in shares of Home Bancorp by 12.6% in the 3rd quarter. Summit Financial Wealth Advisors LLC now owns 23,374 shares of the bank’s stock worth $1,042,000 after acquiring an additional 2,622 shares during the period. Empowered Funds LLC boosted its stake in Home Bancorp by 5.2% during the 3rd quarter. Empowered Funds LLC now owns 29,963 shares of the bank’s stock valued at $1,336,000 after purchasing an additional 1,474 shares in the last quarter. Montz Harcus Wealth Management LLC acquired a new position in Home Bancorp during the third quarter worth about $1,598,000. Finally, SG Americas Securities LLC acquired a new position in shares of Home Bancorp in the 3rd quarter worth approximately $110,000. 49.41% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on the stock. Raymond James raised shares of Home Bancorp from a “market perform” rating to an “outperform” rating and set a $50.00 price objective for the company in a research note on Monday, October 21st. StockNews.com downgraded Home Bancorp from a “buy” rating to a “hold” rating in a research report on Friday, November 15th. Finally, Hovde Group cut Home Bancorp from an “outperform” rating to a “market perform” rating and upped their price target for the company from $53.00 to $54.50 in a report on Tuesday, November 12th.

Home Bancorp Price Performance

Shares of HBCP opened at $50.78 on Thursday. The stock has a 50 day simple moving average of $46.18 and a 200 day simple moving average of $42.16. The firm has a market capitalization of $410.30 million, a PE ratio of 11.26 and a beta of 0.68. The company has a debt-to-equity ratio of 0.24, a quick ratio of 0.96 and a current ratio of 0.96. Home Bancorp, Inc. has a 52-week low of $33.30 and a 52-week high of $52.39.

Home Bancorp (NASDAQ:HBCP) last announced its quarterly earnings results on Thursday, October 17th. The bank reported $1.18 EPS for the quarter, beating analysts’ consensus estimates of $0.97 by $0.21. Home Bancorp had a net margin of 18.55% and a return on equity of 9.58%. The firm had revenue of $34.07 million during the quarter, compared to analysts’ expectations of $33.10 million. Sell-side analysts predict that Home Bancorp, Inc. will post 4.48 EPS for the current fiscal year.

Home Bancorp Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, November 8th. Shareholders of record on Monday, October 28th were issued a $0.26 dividend. This is a positive change from Home Bancorp’s previous quarterly dividend of $0.25. This represents a $1.04 annualized dividend and a yield of 2.05%. The ex-dividend date was Monday, October 28th. Home Bancorp’s dividend payout ratio (DPR) is currently 23.06%.

About Home Bancorp

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.