Home Bancorp, Inc. (NASDAQ:HBCP – Get Free Report) Director Daniel Guidry sold 1,000 shares of Home Bancorp stock in a transaction on Monday, May 11th. The stock was sold at an average price of $64.50, for a total transaction of $64,500.00. Following the completion of the sale, the director owned 64,019 shares of the company’s stock, valued at approximately $4,129,225.50. This trade represents a 1.54% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.
Home Bancorp Stock Performance
Home Bancorp stock opened at $62.75 on Thursday. The company has a market cap of $491.96 million, a PE ratio of 10.55 and a beta of 0.50. The company has a fifty day moving average price of $61.80 and a two-hundred day moving average price of $59.51. The company has a debt-to-equity ratio of 0.12, a current ratio of 0.98 and a quick ratio of 0.98. Home Bancorp, Inc. has a 12 month low of $47.96 and a 12 month high of $65.94.
Home Bancorp (NASDAQ:HBCP – Get Free Report) last released its quarterly earnings data on Monday, April 20th. The bank reported $1.45 EPS for the quarter, topping analysts’ consensus estimates of $1.39 by $0.06. The firm had revenue of $38.22 million during the quarter, compared to the consensus estimate of $33.63 million. Home Bancorp had a net margin of 22.18% and a return on equity of 10.86%. During the same quarter in the previous year, the company posted $1.37 earnings per share. Research analysts expect that Home Bancorp, Inc. will post 5.92 earnings per share for the current year.
Home Bancorp Announces Dividend
Institutional Investors Weigh In On Home Bancorp
Hedge funds and other institutional investors have recently modified their holdings of the stock. Raymond James Financial Inc. bought a new stake in Home Bancorp in the second quarter worth about $46,000. Tower Research Capital LLC TRC raised its position in Home Bancorp by 116.3% in the second 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 in the last quarter. Occudo Quantitative Strategies LP bought a new stake in Home Bancorp in the fourth quarter worth about $202,000. Mercer Global Advisors Inc. ADV bought a new stake in Home Bancorp in the fourth quarter worth about $208,000. Finally, Mariner LLC bought a new stake in Home Bancorp in the fourth quarter worth about $211,000. 49.41% of the stock is currently owned by institutional investors.
Wall Street Analysts Forecast Growth
Several equities analysts have recently issued reports on the stock. Piper Sandler downgraded shares of Home Bancorp from an “overweight” rating to a “neutral” rating and set a $69.00 price target for the company. in a report on Wednesday, April 22nd. Zacks Research downgraded shares of Home Bancorp from a “strong-buy” rating to a “hold” rating in a report on Monday, March 30th. Hovde Group lifted their price objective on shares of Home Bancorp from $62.00 to $65.50 and gave the company a “market perform” rating in a research note on Wednesday, April 22nd. Finally, Weiss Ratings upgraded shares of Home Bancorp from a “buy (b+)” rating to a “buy (a-)” rating in a research note on Monday, May 4th. One investment analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat, Home Bancorp presently has a consensus rating of “Moderate Buy” and an average target price of $65.50.
View Our Latest Research Report on HBCP
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.
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