Home Bancorp, Inc. (NASDAQ:HBCP) Stock Holdings Lessened by Montz Harcus Wealth Management LLC

Montz Harcus Wealth Management LLC lowered its stake in shares of Home Bancorp, Inc. (NASDAQ:HBCP - Free Report) by 18.8% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 29,100 shares of the bank's stock after selling 6,750 shares during the period. Home Bancorp makes up approximately 0.8% of Montz Harcus Wealth Management LLC's portfolio, making the stock its 21st biggest holding. Montz Harcus Wealth Management LLC owned approximately 0.36% of Home Bancorp worth $1,345,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Geode Capital Management LLC increased its position in shares of Home Bancorp by 1.2% in the third quarter. Geode Capital Management LLC now owns 162,727 shares of the bank's stock worth $7,256,000 after acquiring an additional 1,874 shares in the last quarter. State Street Corp increased its position in shares of Home Bancorp by 1.5% in the third quarter. State Street Corp now owns 156,752 shares of the bank's stock worth $6,988,000 after acquiring an additional 2,269 shares in the last quarter. Crawford Fund Management LLC increased its position in shares of Home Bancorp by 48.3% in the third quarter. Crawford Fund Management LLC now owns 91,247 shares of the bank's stock worth $4,068,000 after acquiring an additional 29,722 shares in the last quarter. Empowered Funds LLC increased its position in shares of Home Bancorp by 5.0% in the fourth quarter. Empowered Funds LLC now owns 31,448 shares of the bank's stock worth $1,453,000 after acquiring an additional 1,485 shares in the last quarter. Finally, Cullen Investment Group LTD. increased its position in shares of Home Bancorp by 13.0% in the fourth quarter. Cullen Investment Group LTD. now owns 26,766 shares of the bank's stock worth $1,237,000 after acquiring an additional 3,086 shares in the last quarter. Hedge funds and other institutional investors own 49.41% of the company's stock.

Analyst Upgrades and Downgrades

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

Home Bancorp Stock Down 0.7 %

HBCP stock traded down $0.37 during mid-day trading on Friday, hitting $49.48. 9,014 shares of the company were exchanged, compared to its average volume of 20,837. The company has a market capitalization of $399.80 million, a PE ratio of 10.87 and a beta of 0.71. The company has a current ratio of 0.96, a quick 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 firm has a fifty day simple moving average of $47.68 and a 200 day simple moving average of $45.82.

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 for the quarter, topping the consensus estimate of $1.14 by $0.07. Home Bancorp had a net margin of 18.27% and a return on equity of 9.57%. During the same quarter last year, the company posted $1.17 earnings per share. On average, research analysts forecast that Home Bancorp, Inc. will post 4.78 earnings per share for the current fiscal year.

Home Bancorp Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, February 21st. Shareholders of record on Monday, February 10th will be issued a dividend of $0.27 per share. This is a positive change from Home Bancorp's previous quarterly dividend of $0.26. This represents a $1.08 annualized dividend and a yield of 2.18%. The ex-dividend date is Monday, February 10th. Home Bancorp's dividend payout ratio (DPR) is currently 22.86%.

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.