Daniel Guidry Sells 1,000 Shares of Home Bancorp (NASDAQ:HBCP) Stock

Home Bancorp, Inc. (NASDAQ:HBCP) Director Daniel Guidry sold 1,000 shares of the company’s stock in a transaction that occurred on Monday, May 11th. The shares were sold at an average price of $64.50, for a total value of $64,500.00. Following the sale, the director directly owned 64,019 shares of the company’s stock, valued at approximately $4,129,225.50. This represents a 1.54% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Home Bancorp Stock Down 1.3%

HBCP opened at $63.27 on Wednesday. The business has a 50 day moving average price of $61.75 and a two-hundred day moving average price of $59.46. The company has a quick ratio of 0.98, a current ratio of 0.98 and a debt-to-equity ratio of 0.12. The company has a market cap of $496.04 million, a PE ratio of 10.63 and a beta of 0.50. Home Bancorp, Inc. has a 52 week low of $47.96 and a 52 week high of $65.94.

Home Bancorp (NASDAQ:HBCP) last posted its quarterly earnings data on Monday, April 20th. The bank reported $1.45 EPS for the quarter, beating the consensus estimate of $1.39 by $0.06. Home Bancorp had a return on equity of 10.86% and a net margin of 22.18%.The firm had revenue of $38.22 million during the quarter, compared to the consensus estimate of $33.63 million. During the same period in the prior year, the business earned $1.37 EPS. As a group, research analysts anticipate that Home Bancorp, Inc. will post 5.92 EPS for the current year.

Home Bancorp Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, May 15th. Shareholders of record on Monday, May 4th will be given a dividend of $0.31 per share. The ex-dividend date is Monday, May 4th. This represents a $1.24 annualized dividend and a yield of 2.0%. Home Bancorp’s payout ratio is presently 20.84%.

Analyst Ratings Changes

HBCP has been the topic of several recent analyst reports. Piper Sandler cut Home Bancorp from an “overweight” rating to a “neutral” rating and set a $69.00 target price on the stock. in a research report on Wednesday, April 22nd. Zacks Research cut Home Bancorp from a “strong-buy” rating to a “hold” rating in a research report on Monday, March 30th. Weiss Ratings upgraded Home Bancorp from a “buy (b+)” rating to a “buy (a-)” rating in a research report on Monday, May 4th. Finally, Hovde Group boosted their target price on Home Bancorp from $62.00 to $65.50 and gave the stock a “market perform” rating in a research report on Wednesday, April 22nd. One analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $65.50.

Institutional Investors Weigh In On Home Bancorp

Institutional investors and hedge funds have recently modified their holdings of the company. Raymond James Financial Inc. acquired a new stake in shares of Home Bancorp in the 2nd quarter worth approximately $46,000. Tower Research Capital LLC TRC grew its holdings in shares of Home Bancorp by 116.3% in the 2nd quarter. Tower Research Capital LLC TRC now owns 1,430 shares of the bank’s stock worth $74,000 after acquiring an additional 769 shares during the period. Occudo Quantitative Strategies LP acquired a new stake in Home Bancorp during the 4th quarter valued at $202,000. Mercer Global Advisors Inc. ADV acquired a new stake in Home Bancorp during the 4th quarter valued at $208,000. Finally, Mariner LLC acquired a new stake in Home Bancorp during the 4th quarter valued at $211,000. Institutional investors and hedge funds own 49.41% of the company’s stock.

About Home Bancorp

Home Bancorp, Inc is the bank holding company for The Home National Bank, a full-service financial institution headquartered in Lafayette, Louisiana. The company operates as a regional commercial bank serving individuals, small businesses and municipalities across Louisiana and East Texas. Through its network of branches and digital banking platforms, Home Bancorp offers a range of deposit and lending solutions designed to meet the needs of its local markets.

The company’s core offerings include retail deposit products such as checking, savings and money market accounts, as well as a variety of commercial and consumer lending services.