BidaskClub upgraded shares of Home Bancorp (NASDAQ:HBCP) from a strong sell rating to a sell rating in a research report sent to investors on Friday morning.

Several other equities analysts have also recently commented on HBCP. Zacks Investment Research upgraded shares of Home Bancorp from a hold rating to a buy rating and set a $54.00 target price for the company in a research report on Wednesday, June 27th. ValuEngine cut shares of Home Bancorp from a hold rating to a sell rating in a research report on Wednesday, September 12th.

Shares of NASDAQ:HBCP traded down $0.94 during midday trading on Friday, hitting $40.77. The stock had a trading volume of 16,343 shares, compared to its average volume of 20,886. The stock has a market capitalization of $411.34 million, a PE ratio of 14.72 and a beta of 0.07. The company has a current ratio of 0.97, a quick ratio of 0.96 and a debt-to-equity ratio of 0.23. Home Bancorp has a fifty-two week low of $34.12 and a fifty-two week high of $48.47.

Home Bancorp (NASDAQ:HBCP) last issued its earnings results on Thursday, July 26th. The bank reported $0.93 EPS for the quarter, beating the consensus estimate of $0.83 by $0.10. The company had revenue of $26.68 million during the quarter, compared to analysts’ expectations of $25.73 million. Home Bancorp had a net margin of 23.13% and a return on equity of 10.63%. On average, research analysts predict that Home Bancorp will post 3.57 EPS for the current fiscal year.

Several institutional investors have recently made changes to their positions in HBCP. Wells Fargo & Company MN grew its holdings in shares of Home Bancorp by 13.3% during the 1st quarter. Wells Fargo & Company MN now owns 10,104 shares of the bank’s stock valued at $437,000 after purchasing an additional 1,188 shares during the last quarter. Northern Trust Corp grew its holdings in shares of Home Bancorp by 9.1% during the 1st quarter. Northern Trust Corp now owns 77,168 shares of the bank’s stock valued at $3,331,000 after purchasing an additional 6,423 shares during the last quarter. BlackRock Inc. grew its holdings in shares of Home Bancorp by 2.1% during the 1st quarter. BlackRock Inc. now owns 283,247 shares of the bank’s stock valued at $12,228,000 after purchasing an additional 5,916 shares during the last quarter. JPMorgan Chase & Co. grew its holdings in shares of Home Bancorp by 33.0% during the 1st quarter. JPMorgan Chase & Co. now owns 7,056 shares of the bank’s stock valued at $305,000 after purchasing an additional 1,750 shares during the last quarter. Finally, Dimensional Fund Advisors LP grew its holdings in shares of Home Bancorp by 7.4% during the 1st quarter. Dimensional Fund Advisors LP now owns 114,346 shares of the bank’s stock valued at $4,936,000 after purchasing an additional 7,861 shares during the last quarter. 38.96% of the stock is currently owned by institutional investors.

About Home Bancorp

Home Bancorp, Inc operates as the holding company for Home Bank, National Association that provides various banking products and services in Louisiana. It offers deposits products, including interest-bearing and noninterest-bearing checking, money market, savings, and certificates of deposit accounts.

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