Martingale Asset Management L P lifted its stake in Home Bancorp, Inc. (NASDAQ:HBCP) by 71.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 61,427 shares of the bank’s stock after purchasing an additional 25,613 shares during the period. Martingale Asset Management L P owned about 0.65% of Home Bancorp worth $2,655,000 at the end of the most recent quarter.
A number of other institutional investors have also modified their holdings of HBCP. Ramsey Quantitative Systems acquired a new stake in shares of Home Bancorp during the 4th quarter worth approximately $131,000. BlackRock Inc. grew its stake in shares of Home Bancorp by 2.5% during the 4th quarter. BlackRock Inc. now owns 277,331 shares of the bank’s stock worth $11,987,000 after purchasing an additional 6,782 shares during the period. Bank of New York Mellon Corp grew its stake in Home Bancorp by 13.5% in the 4th quarter. Bank of New York Mellon Corp now owns 40,475 shares of the bank’s stock valued at $1,749,000 after acquiring an additional 4,808 shares during the period. Raymond James Financial Services Advisors Inc. grew its stake in Home Bancorp by 10.1% in the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 54,929 shares of the bank’s stock valued at $2,374,000 after acquiring an additional 5,024 shares during the period. Finally, Wells Fargo & Company MN grew its stake in Home Bancorp by 32.3% in the 4th quarter. Wells Fargo & Company MN now owns 8,916 shares of the bank’s stock valued at $386,000 after acquiring an additional 2,175 shares during the period. Institutional investors own 34.89% of the company’s stock.
In other news, Director Chris P. Rader bought 726 shares of the stock in a transaction on Friday, February 2nd. The shares were bought at an average price of $42.05 per share, with a total value of $30,528.30. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Chris P. Rader acquired 2,378 shares of the firm’s stock in a transaction that occurred on Monday, February 5th. The shares were bought at an average cost of $41.95 per share, for a total transaction of $99,757.10. The disclosure for this purchase can be found here. Insiders have purchased 3,704 shares of company stock worth $156,139 in the last ninety days. 15.50% of the stock is currently owned by corporate insiders.
Shares of Home Bancorp, Inc. (NASDAQ:HBCP) traded up $0.58 during trading on Friday, hitting $43.99. The stock had a trading volume of 54,509 shares, compared to its average volume of 25,640. The firm has a market capitalization of $407.86, a P/E ratio of 18.25 and a beta of 0.11. Home Bancorp, Inc. has a 1-year low of $32.52 and a 1-year high of $47.20. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.98 and a current ratio of 0.99.
Home Bancorp (NASDAQ:HBCP) last posted its earnings results on Tuesday, January 30th. The bank reported $0.84 earnings per share for the quarter, topping the consensus estimate of $0.63 by $0.21. Home Bancorp had a return on equity of 10.82% and a net margin of 21.08%. The firm had revenue of $22.71 million during the quarter, compared to analysts’ expectations of $19.33 million. analysts forecast that Home Bancorp, Inc. will post 3.11 EPS for the current year.
The business also recently declared a quarterly dividend, which was paid on Friday, February 16th. Stockholders of record on Tuesday, February 6th were paid a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 1.36%. The ex-dividend date was Monday, February 5th. This is a boost from Home Bancorp’s previous quarterly dividend of $0.14. Home Bancorp’s dividend payout ratio is 24.90%.
Home Bancorp Profile
Home Bancorp, Inc is a bank holding company for Home Bank, N.A. (the Bank). The Bank conducts business through banking offices in the Greater Lafayette, Baton Rouge, Greater New Orleans and Northshore (of Lake Pontchartrain) regions of south Louisiana and the Natchez and Vicksburg regions of west Mississippi.
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