Home Bancorp (NASDAQ:HBCP) Stock Price Passes Above 200-Day Moving Average of $37.78

Shares of Home Bancorp, Inc. (NASDAQ:HBCP) passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $37.78 and traded as high as $38.85. Home Bancorp shares last traded at $38.27, with a volume of 16,048 shares changing hands.

Home Bancorp Stock Performance

The firm’s 50-day moving average is $36.91 and its 200 day moving average is $37.79. The stock has a market cap of $325.28 million, a PE ratio of 8.44 and a beta of 0.69. The company has a debt-to-equity ratio of 0.25, a quick ratio of 0.95 and a current ratio of 0.95.

Home Bancorp (NASDAQ:HBCP) last released its quarterly earnings results on Wednesday, April 17th. The bank reported $1.14 EPS for the quarter, beating the consensus estimate of $1.00 by $0.14. Home Bancorp had a net margin of 20.66% and a return on equity of 10.65%. The firm had revenue of $32.45 million during the quarter, compared to the consensus estimate of $32.25 million. As a group, research analysts anticipate that Home Bancorp, Inc. will post 4.1 EPS for the current year.

Home Bancorp Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, May 10th. Investors of record on Monday, April 29th were given a $0.25 dividend. The ex-dividend date of this dividend was Friday, April 26th. This represents a $1.00 annualized dividend and a yield of 2.50%. Home Bancorp’s dividend payout ratio (DPR) is 21.10%.

Insider Buying and Selling at Home Bancorp

In other Home Bancorp news, CFO David T. Kirkley sold 1,180 shares of the business’s stock in a transaction on Thursday, June 13th. The shares were sold at an average price of $36.73, for a total value of $43,341.40. Following the transaction, the chief financial officer now directly owns 4,631 shares of the company’s stock, valued at approximately $170,096.63. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. 7.30% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Home Bancorp

Several institutional investors have recently bought and sold shares of HBCP. GAMMA Investing LLC acquired a new position in shares of Home Bancorp during the 4th quarter worth $39,000. SG Americas Securities LLC acquired a new position in shares of Home Bancorp during the 4th quarter worth $164,000. BCM Advisors LLC acquired a new position in shares of Home Bancorp during the 4th quarter worth $225,000. Steel Grove Capital Advisors LLC acquired a new position in shares of Home Bancorp during the 4th quarter worth $241,000. Finally, Denali Advisors LLC grew its stake in shares of Home Bancorp by 17.7% during the 4th quarter. Denali Advisors LLC now owns 7,300 shares of the bank’s stock worth $307,000 after purchasing an additional 1,100 shares during the period. 49.41% of the stock is owned by institutional investors and hedge funds.

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.