Trexquant Investment LP Buys New Stake in Home Bancorp, Inc. (NASDAQ:HBCP)

Trexquant Investment LP acquired a new stake in Home Bancorp, Inc. (NASDAQ:HBCP - Free Report) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 7,469 shares of the bank's stock, valued at approximately $345,000. Trexquant Investment LP owned about 0.09% of Home Bancorp as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently added to or reduced their stakes in the company. Picton Mahoney Asset Management lifted its stake in shares of Home Bancorp by 100.7% in the 4th quarter. Picton Mahoney Asset Management now owns 590 shares of the bank's stock valued at $27,000 after purchasing an additional 296 shares during the last quarter. BNP Paribas Financial Markets lifted its position in Home Bancorp by 73.8% in the third quarter. BNP Paribas Financial Markets now owns 2,377 shares of the bank's stock valued at $106,000 after buying an additional 1,009 shares during the last quarter. SG Americas Securities LLC boosted its stake in Home Bancorp by 27.2% during the fourth quarter. SG Americas Securities LLC now owns 3,125 shares of the bank's stock worth $144,000 after buying an additional 668 shares during the period. Barclays PLC increased its position in shares of Home Bancorp by 287.9% during the third quarter. Barclays PLC now owns 9,142 shares of the bank's stock valued at $407,000 after acquiring an additional 6,785 shares during the last quarter. Finally, Janney Montgomery Scott LLC purchased a new stake in shares of Home Bancorp in the 4th quarter valued at approximately $449,000. 49.41% of the stock is currently owned by hedge funds and other institutional investors.

Home Bancorp Stock Up 1.0 %

Home Bancorp stock traded up $0.43 during mid-day trading on Friday, reaching $43.56. 52,869 shares of the company's stock were exchanged, compared to its average volume of 19,767. The company has a quick ratio of 0.96, a current ratio of 0.96 and a debt-to-equity ratio of 0.24. Home Bancorp, Inc. has a twelve month low of $33.30 and a twelve month high of $52.77. The company has a market cap of $349.39 million, a P/E ratio of 9.57 and a beta of 0.55. The company has a fifty day moving average of $45.33 and a 200-day moving average of $46.71.

Home Bancorp (NASDAQ:HBCP - Get Free Report) last announced its quarterly earnings data on Monday, January 27th. The bank reported $1.21 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.14 by $0.07. Home Bancorp had a return on equity of 9.57% and a net margin of 18.27%. During the same period in the previous year, the company earned $1.17 EPS. Sell-side analysts expect that Home Bancorp, Inc. will post 4.78 EPS for the current year.

Home Bancorp Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, February 21st. Stockholders of record on Monday, February 10th were given a dividend of $0.27 per share. The ex-dividend date was Monday, February 10th. This is an increase from Home Bancorp's previous quarterly dividend of $0.26. This represents a $1.08 dividend on an annualized basis and a dividend yield of 2.48%. Home Bancorp's payout ratio is currently 23.74%.

Wall Street Analyst Weigh In

HBCP has been the topic of a number of research reports. StockNews.com cut Home Bancorp from a "buy" rating to a "hold" rating in a research note on Friday, March 21st. Piper Sandler began coverage on Home Bancorp in a research note on Friday, February 21st. They set an "overweight" rating and a $60.00 target price on the stock.

Home Bancorp Company Profile

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.