Shares of Home Bancorp, Inc. (NASDAQ:HBCP - Get Free Report) passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $39.63 and traded as high as $45.00. Home Bancorp shares last traded at $45.00, with a volume of 18,417 shares.
Analyst Ratings Changes
Separately, Hovde Group increased their price target on shares of Home Bancorp from $45.00 to $48.50 and gave the stock an "outperform" rating in a research note on Friday, July 19th.
Read Our Latest Analysis on HBCP
Home Bancorp Stock Performance
The company has a debt-to-equity ratio of 0.25, a quick ratio of 0.96 and a current ratio of 0.96. The company has a market cap of $364.95 million, a P/E ratio of 9.45 and a beta of 0.69. The firm has a 50 day moving average price of $42.58 and a 200-day moving average price of $39.63.
Home Bancorp (NASDAQ:HBCP - Get Free Report) last posted its earnings results on Wednesday, July 17th. The bank reported $1.02 earnings per share for the quarter, topping the consensus estimate of $0.98 by $0.04. Home Bancorp had a return on equity of 9.98% and a net margin of 19.16%. The firm had revenue of $49.21 million during the quarter, compared to analyst estimates of $31.90 million. During the same period in the previous year, the company earned $1.21 EPS. On average, research analysts predict that Home Bancorp, Inc. will post 4.27 EPS for the current year.
Insider Buying and Selling
In related news, Director Daniel G. Guidry sold 5,000 shares of Home Bancorp stock in a transaction on Monday, July 22nd. The shares were sold at an average price of $41.48, for a total value of $207,400.00. Following the transaction, the director now owns 66,819 shares in the company, valued at $2,771,652.12. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. 7.30% of the stock is owned by insiders.
Institutional Trading of Home Bancorp
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in HBCP. NewEdge Advisors LLC boosted its position in shares of Home Bancorp by 120.9% in the second quarter. NewEdge Advisors LLC now owns 140,352 shares of the bank's stock valued at $5,615,000 after acquiring an additional 76,812 shares during the period. BNP Paribas Financial Markets boosted its holdings in Home Bancorp by 531.8% in the 1st quarter. BNP Paribas Financial Markets now owns 12,289 shares of the bank's stock valued at $471,000 after purchasing an additional 10,344 shares during the period. Dimensional Fund Advisors LP grew its position in Home Bancorp by 2.1% in the 2nd quarter. Dimensional Fund Advisors LP now owns 398,376 shares of the bank's stock worth $15,938,000 after purchasing an additional 8,219 shares during the last quarter. Kennedy Capital Management LLC increased its holdings in shares of 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 during the period. Finally, Vanguard Group Inc. increased its holdings in shares of Home Bancorp by 0.9% during the 1st quarter. Vanguard Group Inc. now owns 365,043 shares of the bank's stock worth $13,985,000 after purchasing an additional 3,414 shares during the period. Institutional investors and hedge funds own 49.41% of the company's stock.
About Home Bancorp
(
Get Free Report)
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.
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