Home Bancorp Inc. (NASDAQ:HBCP) has been given a consensus broker rating score of 2.50 (Hold) from the two analysts that provide coverage for the company, Zacks Investment Research reports. One analyst has rated the stock with a hold recommendation and one has assigned a buy recommendation to the company.
Brokerages have set a 1-year consensus price target of $30.75 for the company and are forecasting that the company will post $0.58 EPS for the current quarter, according to Zacks. Zacks has also assigned Home Bancorp an industry rank of 110 out of 265 based on the ratings given to its competitors.
Separately, Zacks Investment Research raised Home Bancorp from a “sell” rating to a “hold” rating in a research note on Tuesday, June 28th.
In other news, Director Donald W. Washington acquired 1,105 shares of the company’s stock in a transaction dated Thursday, September 1st. The stock was acquired at an average cost of $29.02 per share, with a total value of $32,067.10. Following the completion of the purchase, the director now owns 1,905 shares of the company’s stock, valued at approximately $55,283.10. The acquisition was disclosed in a legal filing with the SEC, which is accessible through the SEC website. 16.20% of the stock is owned by insiders.
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Strs Ohio bought a new position in Home Bancorp during the second quarter valued at approximately $280,000. Acrospire Investment Management LLC boosted its position in Home Bancorp by 38.9% in the second quarter. Acrospire Investment Management LLC now owns 3,927 shares of the company’s stock valued at $108,000 after buying an additional 1,100 shares during the last quarter. BlackRock Fund Advisors boosted its position in Home Bancorp by 694.8% in the second quarter. BlackRock Fund Advisors now owns 156,664 shares of the company’s stock valued at $4,304,000 after buying an additional 136,952 shares during the last quarter. BlackRock Investment Management LLC boosted its position in Home Bancorp by 2,065.3% in the second quarter. BlackRock Investment Management LLC now owns 22,216 shares of the company’s stock valued at $610,000 after buying an additional 21,190 shares during the last quarter. Finally, Vanguard Group Inc. boosted its position in Home Bancorp by 9.4% in the second quarter. Vanguard Group Inc. now owns 150,123 shares of the company’s stock valued at $4,124,000 after buying an additional 12,931 shares during the last quarter. 41.40% of the stock is owned by hedge funds and other institutional investors.
Shares of Home Bancorp (NASDAQ:HBCP) opened at 27.54 on Thursday. The stock has a market capitalization of $201.59 million, a PE ratio of 13.71 and a beta of 0.14. The company’s 50 day moving average price is $28.25 and its 200-day moving average price is $27.86. Home Bancorp has a 52 week low of $21.29 and a 52 week high of $29.78.
Home Bancorp (NASDAQ:HBCP) last issued its quarterly earnings data on Tuesday, July 26th. The company reported $0.53 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.56 by $0.03. Home Bancorp had a net margin of 18.70% and a return on equity of 8.95%. Equities research analysts predict that Home Bancorp will post $2.18 EPS for the current year.
About Home Bancorp
Home Bancorp, Inc is a bank holding company for Home Bank, N.A. (the Bank). The Bank conducts business through approximately 30 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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