Crawford Fund Management LLC Has $4.07 Million Holdings in Home Bancorp, Inc. (NASDAQ:HBCP)

Crawford Fund Management LLC raised its holdings in shares of Home Bancorp, Inc. (NASDAQ:HBCP - Free Report) by 48.3% in the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 91,247 shares of the bank's stock after buying an additional 29,722 shares during the period. Home Bancorp comprises approximately 0.9% of Crawford Fund Management LLC's investment portfolio, making the stock its 19th biggest position. Crawford Fund Management LLC owned approximately 1.13% of Home Bancorp worth $4,068,000 as of its most recent SEC filing.

A number of other large investors have also recently added to or reduced their stakes in HBCP. BNP Paribas Financial Markets boosted its holdings in 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 buying an additional 1,009 shares in the last quarter. SG Americas Securities LLC purchased a new position in Home Bancorp during the 3rd quarter worth approximately $110,000. Kennedy Capital Management LLC grew its position in Home Bancorp by 29.3% during the 1st quarter. Kennedy Capital Management LLC now owns 22,832 shares of the bank's stock worth $875,000 after purchasing an additional 5,177 shares in the last quarter. Summit Financial Wealth Advisors LLC grew its position in Home Bancorp by 12.6% during the 3rd quarter. Summit Financial Wealth Advisors LLC now owns 23,374 shares of the bank's stock worth $1,042,000 after purchasing an additional 2,622 shares in the last quarter. Finally, De Lisle Partners LLP grew its position in Home Bancorp by 36.1% during the 3rd quarter. De Lisle Partners LLP now owns 24,985 shares of the bank's stock worth $1,114,000 after purchasing an additional 6,626 shares in the last quarter. 49.41% of the stock is currently owned by institutional investors.

Home Bancorp Stock Down 0.1 %

Shares of Home Bancorp stock traded down $0.05 on Friday, hitting $50.73. 9,873 shares of the company traded hands, compared to its average volume of 15,415. The company has a 50-day moving average price of $46.30 and a 200 day moving average price of $42.22. 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 12-month low of $33.30 and a 12-month high of $52.39. The company has a market cap of $409.90 million, a PE ratio of 11.26 and a beta of 0.68.

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

Home Bancorp Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, November 8th. Stockholders of record on Monday, October 28th were issued a dividend of $0.26 per share. This is a boost from Home Bancorp's previous quarterly dividend of $0.25. This represents a $1.04 annualized dividend and a dividend yield of 2.05%. The ex-dividend date was Monday, October 28th. Home Bancorp's payout ratio is currently 23.06%.

Wall Street Analyst Weigh In

HBCP has been the topic of several research analyst reports. StockNews.com cut shares of Home Bancorp from a "buy" rating to a "hold" rating in a research report on Friday, November 15th. Hovde Group cut shares of Home Bancorp from an "outperform" rating to a "market perform" rating and lifted their price objective for the stock from $53.00 to $54.50 in a research report on Tuesday, November 12th. Finally, Raymond James upgraded shares of Home Bancorp from a "market perform" rating to an "outperform" rating and set a $50.00 price objective on the stock in a research report on Monday, October 21st.

Home Bancorp 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.