Janney Montgomery Scott LLC Buys Shares of 9,726 Home Bancorp, Inc. (NASDAQ:HBCP)

Janney Montgomery Scott LLC acquired a new position in shares of Home Bancorp, Inc. (NASDAQ:HBCP - Free Report) during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 9,726 shares of the bank's stock, valued at approximately $449,000. Janney Montgomery Scott LLC owned 0.12% of Home Bancorp at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Barclays PLC grew its stake in Home Bancorp by 287.9% in the 3rd 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 period. JPMorgan Chase & Co. grew its stake in Home Bancorp by 136.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 14,668 shares of the bank's stock valued at $654,000 after acquiring an additional 8,459 shares during the period. Montz Harcus Wealth Management LLC acquired a new stake in Home Bancorp in the 3rd quarter valued at $1,598,000. BNP Paribas Financial Markets grew its stake in Home Bancorp by 73.8% in the 3rd quarter. BNP Paribas Financial Markets now owns 2,377 shares of the bank's stock valued at $106,000 after acquiring an additional 1,009 shares during the period. Finally, Geode Capital Management LLC grew its stake in Home Bancorp by 1.2% in the 3rd quarter. Geode Capital Management LLC now owns 162,727 shares of the bank's stock valued at $7,256,000 after acquiring an additional 1,874 shares during the period. Institutional investors and hedge funds own 49.41% of the company's stock.

Home Bancorp Trading Up 0.4 %

Shares of NASDAQ HBCP traded up $0.21 during trading on Thursday, hitting $49.85. 10,051 shares of the company were exchanged, compared to its average volume of 24,657. Home Bancorp, Inc. has a 12-month low of $33.30 and a 12-month high of $52.77. The company has a debt-to-equity ratio of 0.24, a quick ratio of 0.96 and a current ratio of 0.96. The company has a fifty day moving average price of $47.69 and a 200-day moving average price of $45.73. The firm has a market capitalization of $402.79 million, a PE ratio of 10.96 and a beta of 0.71.

Home Bancorp (NASDAQ:HBCP - Get Free Report) last issued its quarterly earnings data on Monday, January 27th. The bank reported $1.21 earnings per share (EPS) for the quarter, topping analysts' consensus estimates 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 quarter in the prior year, the business posted $1.17 earnings per share. As a group, equities research analysts expect that Home Bancorp, Inc. will post 4.78 EPS for the current year.

Home Bancorp Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, February 21st. Investors of record on Monday, February 10th will be given a dividend of $0.27 per share. This represents a $1.08 dividend on an annualized basis and a dividend yield of 2.17%. This is an increase from Home Bancorp's previous quarterly dividend of $0.26. The ex-dividend date of this dividend is Monday, February 10th. Home Bancorp's dividend payout ratio (DPR) is presently 22.86%.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on HBCP shares. StockNews.com lowered Home Bancorp from a "buy" rating to a "hold" rating in a report on Wednesday, January 22nd. Hovde Group lowered Home Bancorp from an "outperform" rating to a "market perform" rating and raised their price objective for the company from $53.00 to $54.50 in a report on Tuesday, November 12th. Finally, Raymond James upgraded Home Bancorp from a "market perform" rating to an "outperform" rating and set a $50.00 price target on the stock in a report on Monday, October 21st.

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.