Home Bancorp, Inc. (HBCP) Shares Sold by Fmr LLC

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Fmr LLC decreased its stake in shares of Home Bancorp, Inc. (NASDAQ:HBCP) by 14.7% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 32,452 shares of the bank’s stock after selling 5,595 shares during the period. Fmr LLC’s holdings in Home Bancorp were worth $1,149,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Citigroup Inc. increased its position in Home Bancorp by 16.3% during the 4th quarter. Citigroup Inc. now owns 2,430 shares of the bank’s stock valued at $86,000 after purchasing an additional 340 shares during the period. Metropolitan Life Insurance Co. NY increased its position in Home Bancorp by 436.6% during the 4th quarter. Metropolitan Life Insurance Co. NY now owns 2,581 shares of the bank’s stock valued at $91,000 after purchasing an additional 2,100 shares during the period. MetLife Investment Advisors LLC increased its position in Home Bancorp by 55.2% during the 3rd quarter. MetLife Investment Advisors LLC now owns 4,791 shares of the bank’s stock valued at $208,000 after purchasing an additional 1,705 shares during the period. Bank of America Corp DE increased its position in Home Bancorp by 40.9% during the 4th quarter. Bank of America Corp DE now owns 6,720 shares of the bank’s stock valued at $238,000 after purchasing an additional 1,952 shares during the period. Finally, Menta Capital LLC increased its position in Home Bancorp by 36.7% during the 4th quarter. Menta Capital LLC now owns 7,323 shares of the bank’s stock valued at $259,000 after purchasing an additional 1,966 shares during the period. Institutional investors own 37.53% of the company’s stock.

Shares of Home Bancorp stock opened at $36.21 on Friday. The company has a current ratio of 0.97, a quick ratio of 0.97 and a debt-to-equity ratio of 0.19. Home Bancorp, Inc. has a 52-week low of $32.59 and a 52-week high of $48.47. The company has a market capitalization of $347.55 million, a PE ratio of 10.22 and a beta of 0.33.

Home Bancorp (NASDAQ:HBCP) last issued its quarterly earnings data on Tuesday, April 23rd. The bank reported $0.85 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.78 by $0.07. Home Bancorp had a net margin of 27.58% and a return on equity of 11.10%. The firm had revenue of $24.89 million for the quarter, compared to the consensus estimate of $25.25 million. On average, equities research analysts expect that Home Bancorp, Inc. will post 3.1 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, May 17th. Stockholders of record on Monday, May 6th will be given a $0.21 dividend. The ex-dividend date of this dividend is Friday, May 3rd. This represents a $0.84 dividend on an annualized basis and a dividend yield of 2.32%. This is an increase from Home Bancorp’s previous quarterly dividend of $0.20. Home Bancorp’s payout ratio is presently 22.47%.

In other news, Director Michael P. Maraist acquired 1,000 shares of the business’s stock in a transaction dated Thursday, March 7th. The shares were purchased at an average price of $35.00 per share, with a total value of $35,000.00. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CEO John W. Bordelon sold 1,054 shares of Home Bancorp stock in a transaction that occurred on Monday, March 4th. The stock was sold at an average price of $35.80, for a total transaction of $37,733.20. The disclosure for this sale can be found here. In the last ninety days, insiders sold 20,790 shares of company stock worth $738,077. Insiders own 12.40% of the company’s stock.

A number of research analysts have commented on the stock. Zacks Investment Research downgraded shares of Home Bancorp from a “hold” rating to a “sell” rating in a research report on Wednesday. BidaskClub raised shares of Home Bancorp from a “strong sell” rating to a “sell” rating in a research report on Wednesday, March 6th. FIG Partners reaffirmed a “market-perform” rating on shares of Home Bancorp in a research report on Tuesday, January 29th. Finally, ValuEngine downgraded shares of Home Bancorp from a “hold” rating to a “sell” rating in a research report on Wednesday, January 9th.

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Home Bancorp Profile

Home Bancorp, Inc operates as the holding company for Home Bank, National Association that provides various banking products and services in Louisiana. It offers deposits products, including interest-bearing and noninterest-bearing checking, money market, savings, and certificates of deposit accounts.

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Want to see what other hedge funds are holding HBCP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Home Bancorp, Inc. (NASDAQ:HBCP).

Institutional Ownership by Quarter for Home Bancorp (NASDAQ:HBCP)

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