NewEdge Advisors LLC Sells 9,891 Shares of Home Bancorp, Inc. (NASDAQ:HBCP)

NewEdge Advisors LLC trimmed its holdings in shares of Home Bancorp, Inc. (NASDAQ:HBCP - Free Report) by 8.2% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 111,372 shares of the bank's stock after selling 9,891 shares during the quarter. NewEdge Advisors LLC owned 1.38% of Home Bancorp worth $5,147,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Barclays PLC raised its position in shares of Home Bancorp by 15.9% during the fourth quarter. Barclays PLC now owns 10,595 shares of the bank's stock worth $490,000 after acquiring an additional 1,453 shares during the last quarter. Martingale Asset Management L P raised its holdings in Home Bancorp by 43.8% during the 4th quarter. Martingale Asset Management L P now owns 20,375 shares of the bank's stock worth $942,000 after purchasing an additional 6,203 shares during the last quarter. Wells Fargo & Company MN lifted its position in shares of Home Bancorp by 14.6% in the 4th quarter. Wells Fargo & Company MN now owns 7,101 shares of the bank's stock worth $328,000 after purchasing an additional 902 shares during the period. Trexquant Investment LP bought a new stake in shares of Home Bancorp in the 4th quarter valued at $345,000. Finally, Pacific Ridge Capital Partners LLC boosted its stake in shares of Home Bancorp by 72.6% in the 4th quarter. Pacific Ridge Capital Partners LLC now owns 72,962 shares of the bank's stock valued at $3,372,000 after purchasing an additional 30,681 shares during the last quarter. 49.41% of the stock is currently owned by institutional investors and hedge funds.

Home Bancorp Trading Up 3.6 %

Shares of NASDAQ:HBCP traded up $1.73 during mid-day trading on Wednesday, hitting $49.48. The company had a trading volume of 23,371 shares, compared to its average volume of 19,799. The company has a debt-to-equity ratio of 0.24, a current ratio of 0.96 and a quick ratio of 0.96. Home Bancorp, Inc. has a one year low of $34.51 and a one year high of $52.77. The firm has a fifty day moving average price of $45.16 and a 200 day moving average price of $46.81. The company has a market capitalization of $396.88 million, a PE ratio of 10.87 and a beta of 0.55.

Home Bancorp (NASDAQ:HBCP - Get Free Report) last posted its quarterly earnings results on Monday, April 21st. The bank reported $1.37 EPS for the quarter, topping analysts' consensus estimates of $1.14 by $0.23. Home Bancorp had a net margin of 18.27% and a return on equity of 9.57%. The business had revenue of $35.76 million during the quarter, compared to analysts' expectations of $30.90 million. During the same period last year, the company posted $1.14 earnings per share. As a group, research analysts forecast that Home Bancorp, Inc. will post 4.78 EPS for the current year.

Home Bancorp Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, May 16th. Investors of record on Monday, May 5th will be paid a dividend of $0.27 per share. This represents a $1.08 dividend on an annualized basis and a yield of 2.18%. The ex-dividend date is Monday, May 5th. Home Bancorp's dividend payout ratio (DPR) is currently 23.74%.

Analyst Upgrades and Downgrades

HBCP has been the topic of several recent analyst reports. StockNews.com lowered shares of Home Bancorp from a "buy" rating to a "hold" rating in a report on Friday, March 21st. Piper Sandler boosted their price objective on Home Bancorp from $60.00 to $65.00 and gave the company an "overweight" rating in a research note on Wednesday.

About Home Bancorp

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.