De Lisle Partners LLP Acquires Shares of 22,985 Home Bancorp, Inc. $HBCP

De Lisle Partners LLP acquired a new position in shares of Home Bancorp, Inc. (NASDAQ:HBCP) in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 22,985 shares of the bank’s stock, valued at approximately $1,577,000. De Lisle Partners LLP owned approximately 0.29% of Home Bancorp at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. PDT Partners LLC raised its stake in shares of Home Bancorp by 3.7% in the 2nd quarter. PDT Partners LLC now owns 6,798 shares of the bank’s stock valued at $352,000 after purchasing an additional 245 shares in the last quarter. Rhumbline Advisers grew its stake in Home Bancorp by 2.4% in the second quarter. Rhumbline Advisers now owns 10,705 shares of the bank’s stock worth $554,000 after purchasing an additional 250 shares in the last quarter. NewEdge Advisors LLC grew its stake in Home Bancorp by 0.4% in the fourth quarter. NewEdge Advisors LLC now owns 106,303 shares of the bank’s stock worth $6,144,000 after purchasing an additional 382 shares in the last quarter. Royal Bank of Canada grew its position in shares of Home Bancorp by 11.8% during the 1st quarter. Royal Bank of Canada now owns 5,771 shares of the bank’s stock valued at $258,000 after buying an additional 607 shares during the last quarter. Finally, BCM Advisors LLC raised its stake in Home Bancorp by 11.2% during the first quarter. BCM Advisors LLC now owns 6,223 shares of the bank’s stock worth $396,000 after acquiring an additional 628 shares during the period. Institutional investors own 49.41% of the company’s stock.

Insider Buying and Selling

In other Home Bancorp news, EVP John J. Iv Zollinger sold 750 shares of the firm’s stock in a transaction that occurred on Tuesday, August 18th. The shares were sold at an average price of $71.68, for a total value of $53,760.00. Following the sale, the executive vice president owned 7,643 shares in the company, valued at approximately $547,850.24. This trade represents a 8.94% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 6.20% of the company’s stock.

Analyst Ratings Changes

HBCP has been the subject of a number of research reports. Weiss Ratings restated a “buy (a-)” rating on shares of Home Bancorp in a research note on Friday, July 31st. Raymond James Financial reiterated an “outperform” rating and set a $74.00 price target on shares of Home Bancorp in a research report on Wednesday, July 22nd. One 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’s stock. According to MarketBeat.com, Home Bancorp presently has a consensus rating of “Moderate Buy” and an average price target of $69.50.

Home Bancorp Stock Performance

Shares of HBCP opened at $69.71 on Friday. Home Bancorp, Inc. has a 1 year low of $50.54 and a 1 year high of $74.50. The company has a market cap of $546.53 million, a price-to-earnings ratio of 11.66 and a beta of 0.50. The company has a debt-to-equity ratio of 0.12, a quick ratio of 0.97 and a current ratio of 0.97. The firm has a fifty day moving average of $69.54 and a 200-day moving average of $64.88.

Home Bancorp (NASDAQ:HBCP) last released its quarterly earnings results on Monday, July 20th. The bank reported $1.48 EPS for the quarter, topping the consensus estimate of $1.46 by $0.02. Home Bancorp had a net margin of 22.23% and a return on equity of 10.65%. The business had revenue of $39.72 million during the quarter, compared to analyst estimates of $38.57 million. As a group, equities analysts anticipate that Home Bancorp, Inc. will post 5.98 earnings per share for the current year.

Home Bancorp Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, August 14th. Shareholders of record on Monday, August 3rd were given a $0.32 dividend. This is a positive change from Home Bancorp’s previous quarterly dividend of $0.31. The ex-dividend date was Monday, August 3rd. This represents a $1.28 annualized dividend and a yield of 1.8%. Home Bancorp’s payout ratio is currently 21.40%.

Home Bancorp Company Profile

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.