Prospera Financial Services Inc Buys New Position in Home Bancorp, Inc. (NASDAQ:HBCP)
Prospera Financial Services Inc bought a new position in Home Bancorp, Inc. (NASDAQ:HBCP) during the second quarter, Holdings Channel reports. The firm bought 7,070 shares of the bank’s stock, valued at approximately $303,000.
Other institutional investors have also recently made changes to their positions in the company. Thomson Horstmann & Bryant Inc. raised its position in shares of Home Bancorp by 54.4% in the first quarter. Thomson Horstmann & Bryant Inc. now owns 100,962 shares of the bank’s stock worth $3,407,000 after buying an additional 35,570 shares during the period. Bowling Portfolio Management LLC bought a new position in Home Bancorp during the first quarter worth approximately $573,000. Renaissance Technologies LLC raised its position in Home Bancorp by 9.2% in the first quarter. Renaissance Technologies LLC now owns 150,100 shares of the bank’s stock worth $5,066,000 after buying an additional 12,600 shares during the period. Spark Investment Management LLC bought a new position in Home Bancorp during the first quarter worth approximately $320,000. Finally, First Quadrant L P CA bought a new position in Home Bancorp during the second quarter worth approximately $365,000. Institutional investors own 78.49% of the company’s stock.
Home Bancorp, Inc. (NASDAQ:HBCP) traded up 0.12% during midday trading on Friday, hitting $42.25. The company had a trading volume of 6,623 shares. The firm has a market capitalization of $311.59 million, a P/E ratio of 17.11 and a beta of 0.13. The firm’s 50 day moving average is $40.50 and its 200-day moving average is $36.67. Home Bancorp, Inc. has a 52 week low of $27.00 and a 52 week high of $47.20.
Home Bancorp (NASDAQ:HBCP) last released its earnings results on Tuesday, April 25th. The bank reported $0.66 EPS for the quarter, beating the Zacks’ consensus estimate of $0.58 by $0.08. The business had revenue of $18.80 million for the quarter, compared to analysts’ expectations of $17.82 million. Home Bancorp had a return on equity of 9.42% and a net margin of 22.24%. On average, equities research analysts expect that Home Bancorp, Inc. will post $2.55 EPS for the current fiscal year.
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HBCP has been the topic of a number of recent research reports. Zacks Investment Research lowered Home Bancorp from a “buy” rating to a “hold” rating in a research note on Tuesday, July 4th. BidaskClub downgraded Home Bancorp from a “buy” rating to a “hold” rating in a report on Wednesday.
Home Bancorp Company Profile
Home Bancorp, Inc is a bank holding company for Home Bank, N.A. (the Bank). The Bank conducts business through banking offices in the Greater Lafayette, Baton Rouge, Greater New Orleans and Northshore (of Lake Pontchartrain) regions of south Louisiana and the Natchez and Vicksburg regions of west Mississippi.
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