De Lisle Partners LLP Has $1.11 Million Position in Home Bancorp, Inc. (NASDAQ:HBCP)

De Lisle Partners LLP lifted its stake in shares of Home Bancorp, Inc. (NASDAQ:HBCP) by 36.1% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 24,985 shares of the bank’s stock after acquiring an additional 6,626 shares during the period. De Lisle Partners LLP’s holdings in Home Bancorp were worth $1,114,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the stock. BNP Paribas Financial Markets grew its holdings in shares of Home Bancorp by 73.8% during the third quarter. BNP Paribas Financial Markets now owns 2,377 shares of the bank’s stock valued at $106,000 after buying an additional 1,009 shares during the last quarter. SG Americas Securities LLC bought a new position in Home Bancorp in the 3rd quarter valued at $110,000. Kennedy Capital Management LLC increased its holdings in Home Bancorp by 29.3% during the first quarter. Kennedy Capital Management LLC now owns 22,832 shares of the bank’s stock worth $875,000 after buying an additional 5,177 shares during the last quarter. Summit Financial Wealth Advisors LLC raised its holdings in shares of Home Bancorp by 12.6% in the 3rd quarter. Summit Financial Wealth Advisors LLC now owns 23,374 shares of the bank’s stock worth $1,042,000 after purchasing an additional 2,622 shares during the period. Finally, Empowered Funds LLC lifted its position in shares of Home Bancorp by 5.2% during the 3rd quarter. Empowered Funds LLC now owns 29,963 shares of the bank’s stock valued at $1,336,000 after buying an additional 1,474 shares during the last quarter. Institutional investors and hedge funds own 49.41% of the company’s stock.

Analyst Ratings Changes

Several research firms recently commented on HBCP. StockNews.com downgraded shares of Home Bancorp from a “buy” rating to a “hold” rating in a report on Friday, November 15th. Hovde Group lowered shares of Home Bancorp from an “outperform” rating to a “market perform” rating and upped their target price for the stock from $53.00 to $54.50 in a research report on Tuesday, November 12th. Finally, Raymond James raised shares of Home Bancorp from a “market perform” rating to an “outperform” rating and set a $50.00 price target on the stock in a research note on Monday, October 21st.

Home Bancorp Price Performance

HBCP stock opened at $50.78 on Thursday. Home Bancorp, Inc. has a 12-month low of $33.30 and a 12-month high of $52.39. The stock has a market capitalization of $410.30 million, a price-to-earnings ratio of 11.26 and a beta of 0.68. The company has a current ratio of 0.96, a quick ratio of 0.96 and a debt-to-equity ratio of 0.24. The firm’s 50-day moving average price is $46.18 and its two-hundred day moving average price is $42.16.

Home Bancorp (NASDAQ:HBCP) last posted its earnings results on Thursday, October 17th. The bank reported $1.18 earnings per share for the quarter, topping analysts’ consensus estimates of $0.97 by $0.21. Home Bancorp had a return on equity of 9.58% and a net margin of 18.55%. The firm had revenue of $34.07 million for the quarter, compared to the consensus estimate of $33.10 million. As a group, equities analysts predict that Home Bancorp, Inc. will post 4.48 earnings per share for the current year.

Home Bancorp Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, November 8th. Stockholders of record on Monday, October 28th were issued a dividend of $0.26 per share. This represents a $1.04 annualized dividend and a dividend yield of 2.05%. This is a boost from Home Bancorp’s previous quarterly dividend of $0.25. The ex-dividend date was Monday, October 28th. Home Bancorp’s dividend payout ratio is presently 23.06%.

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.