Home Bancorp, Inc. (NASDAQ:HBCP) Shares Purchased by Pacific Ridge Capital Partners LLC

Pacific Ridge Capital Partners LLC grew its position in Home Bancorp, Inc. (NASDAQ:HBCP - Free Report) by 72.6% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 72,962 shares of the bank's stock after buying an additional 30,681 shares during the period. Pacific Ridge Capital Partners LLC owned 0.90% of Home Bancorp worth $3,372,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of HBCP. Picton Mahoney Asset Management boosted its holdings in Home Bancorp by 100.7% in the fourth quarter. Picton Mahoney Asset Management now owns 590 shares of the bank's stock worth $27,000 after acquiring an additional 296 shares in the last quarter. BNP Paribas Financial Markets increased its stake in Home Bancorp by 73.8% in the third quarter. BNP Paribas Financial Markets now owns 2,377 shares of the bank's stock valued at $106,000 after purchasing an additional 1,009 shares during the period. SG Americas Securities LLC grew its holdings in shares of Home Bancorp by 27.2% during the fourth quarter. SG Americas Securities LLC now owns 3,125 shares of the bank's stock worth $144,000 after buying an additional 668 shares during the last quarter. Barclays PLC raised its stake in Home Bancorp by 287.9% during 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 last quarter. Finally, Janney Montgomery Scott LLC purchased a new position in shares of Home Bancorp in the 4th quarter valued at approximately $449,000. Hedge funds and other institutional investors own 49.41% of the company's stock.

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Home Bancorp Trading Up 0.3 %

Shares of NASDAQ HBCP traded up $0.13 during midday trading on Monday, reaching $45.43. 48,474 shares of the stock were exchanged, compared to its average volume of 24,565. The company has a current ratio of 0.96, a quick ratio of 0.96 and a debt-to-equity ratio of 0.24. The company has a market capitalization of $367.85 million, a P/E ratio of 9.98 and a beta of 0.72. The stock has a 50 day moving average price of $47.54 and a 200-day moving average price of $46.81. Home Bancorp, Inc. has a 52-week low of $33.30 and a 52-week high of $52.77.

Home Bancorp (NASDAQ:HBCP - Get Free Report) last issued its quarterly earnings results on Monday, January 27th. The bank reported $1.21 earnings per share 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 last year, the firm posted $1.17 EPS. Equities research analysts expect that Home Bancorp, Inc. will post 4.78 earnings per share for the current fiscal year.

Home Bancorp Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, February 21st. Shareholders of record on Monday, February 10th were paid a $0.27 dividend. This represents a $1.08 dividend on an annualized basis and a yield of 2.38%. This is a positive change from Home Bancorp's previous quarterly dividend of $0.26. The ex-dividend date of this dividend was Monday, February 10th. Home Bancorp's dividend payout ratio (DPR) is presently 23.74%.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on the company. Piper Sandler started coverage on Home Bancorp in a report on Friday, February 21st. They set an "overweight" rating and a $60.00 price target for the company. StockNews.com cut shares of Home Bancorp from a "buy" rating to a "hold" rating in a research note on Friday, March 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.