SG Americas Securities LLC Makes New $164,000 Investment in Home Bancorp, Inc. (NASDAQ:HBCP)

SG Americas Securities LLC bought a new position in shares of Home Bancorp, Inc. (NASDAQ:HBCP) during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund bought 3,908 shares of the bank’s stock, valued at approximately $164,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in HBCP. Allspring Global Investments Holdings LLC acquired a new stake in Home Bancorp during the 3rd quarter worth $25,000. Tower Research Capital LLC TRC boosted its stake in Home Bancorp by 154.6% during the 3rd quarter. Tower Research Capital LLC TRC now owns 1,100 shares of the bank’s stock worth $35,000 after purchasing an additional 668 shares during the last quarter. UBS Group AG boosted its stake in Home Bancorp by 224.1% during the 3rd quarter. UBS Group AG now owns 1,144 shares of the bank’s stock worth $45,000 after purchasing an additional 791 shares during the last quarter. Citigroup Inc. boosted its stake in Home Bancorp by 108,050.0% during the 2nd quarter. Citigroup Inc. now owns 2,163 shares of the bank’s stock worth $72,000 after purchasing an additional 2,161 shares during the last quarter. Finally, Barclays PLC boosted its stake in Home Bancorp by 468.7% during the 4th quarter. Barclays PLC now owns 1,962 shares of the bank’s stock worth $79,000 after purchasing an additional 1,617 shares during the last quarter. Institutional investors and hedge funds own 49.41% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, Piper Sandler cut shares of Home Bancorp from an “overweight” rating to a “neutral” rating and lifted their target price for the stock from $40.00 to $43.00 in a research note on Wednesday, January 24th.

Home Bancorp Stock Down 0.4 %

NASDAQ HBCP opened at $34.57 on Tuesday. Home Bancorp, Inc. has a 52 week low of $27.75 and a 52 week high of $44.00. The company has a quick ratio of 0.95, a current ratio of 0.95 and a debt-to-equity ratio of 0.26. The business’s fifty day simple moving average is $36.29 and its 200-day simple moving average is $37.23. The firm has a market cap of $281.75 million, a PE ratio of 6.93 and a beta of 0.68.

Home Bancorp (NASDAQ:HBCP) last posted its quarterly earnings results on Monday, January 22nd. The bank reported $1.17 EPS for the quarter, topping the consensus estimate of $1.03 by $0.14. Home Bancorp had a return on equity of 11.46% and a net margin of 22.57%. The business had revenue of $32.76 million for the quarter, compared to analyst estimates of $33.10 million. As a group, equities analysts anticipate that Home Bancorp, Inc. will post 3.95 earnings per share for the current year.

Home Bancorp Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, February 16th. Stockholders of record on Monday, February 5th were issued a dividend of $0.25 per share. The ex-dividend date of this dividend was Friday, February 2nd. This represents a $1.00 annualized dividend and a dividend yield of 2.89%. Home Bancorp’s dividend payout ratio is presently 20.04%.

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.