4,100 Shares in Home Bancorp, Inc. $HBCP Acquired by Exencial Wealth Advisors LLC

Exencial Wealth Advisors LLC purchased a new stake in Home Bancorp, Inc. (NASDAQ:HBCP) during the 2nd quarter, Holdings Channel.com reports. The fund purchased 4,100 shares of the bank’s stock, valued at approximately $212,000.

Other hedge funds also recently added to or reduced their stakes in the company. CWM LLC increased its stake in Home Bancorp by 92.2% in the first quarter. CWM LLC now owns 1,307 shares of the bank’s stock valued at $59,000 after purchasing an additional 627 shares during the last quarter. U.S. Capital Wealth Advisors LLC purchased a new position in Home Bancorp in the second quarter valued at approximately $207,000. Royal Bank of Canada increased its stake in Home Bancorp by 11.8% in the first quarter. Royal Bank of Canada now owns 5,771 shares of the bank’s stock valued at $258,000 after purchasing an additional 607 shares during the last quarter. PDT Partners LLC increased its stake in Home Bancorp by 49.0% in the first quarter. PDT Partners LLC now owns 6,553 shares of the bank’s stock valued at $294,000 after purchasing an additional 2,156 shares during the last quarter. Finally, Strs Ohio purchased a new position in Home Bancorp in the first quarter valued at approximately $502,000. 49.41% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several equities analysts have commented on the stock. Raymond James Financial increased their price target on shares of Home Bancorp from $52.00 to $62.00 and gave the company an “outperform” rating in a research note on Wednesday, July 23rd. Zacks Research lowered shares of Home Bancorp from a “strong-buy” rating to a “hold” rating in a research note on Thursday, August 21st. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of Home Bancorp in a report on Wednesday, October 8th. Three analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat, Home Bancorp presently has an average rating of “Moderate Buy” and a consensus price target of $59.50.

Home Bancorp Price Performance

HBCP stock opened at $55.74 on Friday. The company has a market capitalization of $435.89 million, a P/E ratio of 9.92 and a beta of 0.62. Home Bancorp, Inc. has a twelve month low of $39.59 and a twelve month high of $61.07. The business has a 50 day simple moving average of $54.90 and a 200-day simple moving average of $52.23. The company has a current ratio of 0.97, a quick ratio of 0.97 and a debt-to-equity ratio of 0.17.

Home Bancorp (NASDAQ:HBCP) last posted its quarterly earnings data on Thursday, October 16th. The bank reported $1.59 earnings per share for the quarter, beating the consensus estimate of $1.37 by $0.22. The business had revenue of $37.84 million during the quarter, compared to the consensus estimate of $33.33 million. Home Bancorp had a return on equity of 11.01% and a net margin of 21.32%.During the same period in the prior year, the company earned $1.18 earnings per share. As a group, equities analysts anticipate that Home Bancorp, Inc. will post 4.78 EPS for the current year.

Home Bancorp Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, November 14th. Investors of record on Monday, November 3rd will be given a $0.31 dividend. This is a positive change from Home Bancorp’s previous quarterly dividend of $0.29. The ex-dividend date is Monday, November 3rd. This represents a $1.24 dividend on an annualized basis and a yield of 2.2%. Home Bancorp’s payout ratio is 20.64%.

About Home Bancorp

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.