Home Bancorp, Inc. (NASDAQ:HBCP) Short Interest Update

Home Bancorp, Inc. (NASDAQ:HBCPGet Free Report) was the target of a large decrease in short interest in May. As of May 31st, there was short interest totalling 28,000 shares, a decrease of 13.8% from the May 15th total of 32,500 shares. Approximately 0.4% of the shares of the company are short sold. Based on an average daily trading volume, of 11,900 shares, the days-to-cover ratio is presently 2.4 days.

Home Bancorp Price Performance

HBCP traded down $0.17 during trading on Friday, reaching $36.43. The stock had a trading volume of 9,525 shares, compared to its average volume of 13,696. The firm has a market capitalization of $296.18 million, a price-to-earnings ratio of 7.69 and a beta of 0.69. The company has a quick ratio of 0.95, a current ratio of 0.95 and a debt-to-equity ratio of 0.25. Home Bancorp has a 1-year low of $31.47 and a 1-year high of $44.00. The stock has a 50 day moving average of $36.37 and a two-hundred day moving average of $37.79.

Home Bancorp (NASDAQ:HBCPGet Free Report) last announced its quarterly earnings data on Wednesday, April 17th. The bank reported $1.14 EPS for the quarter, beating analysts’ consensus estimates of $1.00 by $0.14. Home Bancorp had a return on equity of 10.65% and a net margin of 20.66%. The company had revenue of $32.45 million during the quarter, compared to the consensus estimate of $32.25 million. As a group, equities analysts anticipate that Home Bancorp will post 4.1 EPS for the current fiscal year.

Home Bancorp Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, May 10th. Shareholders of record on Monday, April 29th were paid a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a yield of 2.74%. The ex-dividend date of this dividend was Friday, April 26th. Home Bancorp’s dividend payout ratio (DPR) is currently 21.10%.

Insider Buying and Selling

In related news, CFO David T. Kirkley sold 1,180 shares of the stock in a transaction that occurred on Thursday, June 13th. The stock was sold at an average price of $36.73, for a total value of $43,341.40. Following the completion of 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. Corporate insiders own 7.30% of the company’s stock.

Institutional Trading of Home Bancorp

Several large investors have recently added to or reduced their stakes in HBCP. GAMMA Investing LLC acquired a new position in shares of Home Bancorp in the fourth quarter worth $39,000. SG Americas Securities LLC acquired a new position in shares of Home Bancorp in the fourth quarter worth $164,000. BCM Advisors LLC acquired a new position in shares of Home Bancorp in the fourth quarter worth $225,000. Steel Grove Capital Advisors LLC acquired a new position in shares of Home Bancorp in the fourth quarter worth $241,000. Finally, Denali Advisors LLC increased its stake in shares of Home Bancorp by 17.7% in the fourth quarter. Denali Advisors LLC now owns 7,300 shares of the bank’s stock worth $307,000 after acquiring an additional 1,100 shares during the last quarter. 49.41% of the stock is owned by institutional investors and hedge funds.

About Home Bancorp

(Get Free Report)

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.

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