BidaskClub upgraded shares of Home Bancorp (NASDAQ:HBCP) from a strong sell rating to a sell rating in a research report released on Friday morning.
Several other equities analysts have also commented on the company. ValuEngine lowered Home Bancorp from a hold rating to a sell rating in a research report on Wednesday, September 12th. Zacks Investment Research upgraded Home Bancorp from a hold rating to a buy rating and set a $50.00 price target on the stock in a research report on Tuesday, August 14th.
Shares of Home Bancorp stock opened at $41.08 on Friday. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.96 and a current ratio of 0.97. The stock has a market cap of $411.34 million, a PE ratio of 14.83 and a beta of 0.07. Home Bancorp has a 12 month low of $34.12 and a 12 month high of $48.47.
Home Bancorp (NASDAQ:HBCP) last announced its quarterly earnings data on Thursday, July 26th. The bank reported $0.93 EPS for the quarter, beating the consensus estimate of $0.83 by $0.10. The firm had revenue of $26.68 million for the quarter, compared to analyst estimates of $25.73 million. Home Bancorp had a return on equity of 10.63% and a net margin of 23.13%. Research analysts forecast that Home Bancorp will post 3.57 EPS for the current year.
A number of institutional investors and hedge funds have recently bought and sold shares of HBCP. BlackRock Inc. grew its position in Home Bancorp by 37.1% during the 2nd quarter. BlackRock Inc. now owns 388,382 shares of the bank’s stock worth $18,080,000 after acquiring an additional 105,135 shares during the last quarter. Dimensional Fund Advisors LP grew its position in Home Bancorp by 27.2% during the 2nd quarter. Dimensional Fund Advisors LP now owns 145,472 shares of the bank’s stock worth $6,772,000 after acquiring an additional 31,126 shares during the last quarter. Millennium Management LLC bought a new position in Home Bancorp during the 1st quarter worth approximately $1,249,000. Renaissance Technologies LLC grew its position in Home Bancorp by 11.5% during the 2nd quarter. Renaissance Technologies LLC now owns 235,300 shares of the bank’s stock worth $10,953,000 after acquiring an additional 24,200 shares during the last quarter. Finally, Northern Trust Corp grew its position in Home Bancorp by 18.3% during the 2nd quarter. Northern Trust Corp now owns 91,323 shares of the bank’s stock worth $4,251,000 after acquiring an additional 14,155 shares during the last quarter. Institutional investors and hedge funds own 38.96% of the company’s stock.
Home Bancorp Company 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.
Receive News & Ratings for Home Bancorp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Home Bancorp and related companies with MarketBeat.com's FREE daily email newsletter.