Home Bancorp (NASDAQ:HBCP) was upgraded by stock analysts at BidaskClub from a “sell” rating to a “hold” rating in a report released on Thursday.

A number of other research analysts have also weighed in on HBCP. Zacks Investment Research lowered shares of Home Bancorp from a “buy” rating to a “hold” rating in a research note on Wednesday, October 10th. ValuEngine lowered shares of Home Bancorp from a “hold” rating to a “sell” rating in a research note on Wednesday, September 12th.

Shares of Home Bancorp stock opened at $42.12 on Thursday. The stock has a market capitalization of $411.34 million, a P/E ratio of 15.21 and a beta of 0.07. Home Bancorp has a twelve month low of $34.12 and a twelve month high of $48.47. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.96 and a current ratio of 0.97.

Home Bancorp (NASDAQ:HBCP) last issued its quarterly earnings results on Thursday, July 26th. The bank reported $0.93 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.83 by $0.10. The firm had revenue of $26.68 million for the quarter, compared to analyst estimates of $25.73 million. Home Bancorp had a net margin of 23.13% and a return on equity of 10.63%. Sell-side analysts forecast that Home Bancorp will post 3.57 EPS for the current year.

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

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.

Recommended Story: Marijuana Stocks Future Looks Bright

Receive News & Ratings for Home Bancorp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Home Bancorp and related companies with MarketBeat.com's FREE daily email newsletter.