Home Bancorp, Inc. (NASDAQ:hbcp) declared a quarterly dividend on Tuesday, April 25th. Stockholders of record on Monday, May 8th will be given a dividend of 0.14 per share by the bank on Friday, May 19th. This represents a $0.56 annualized dividend and a dividend yield of 1.57%. The ex-dividend date of this dividend is Thursday, May 4th. This is an increase from Home Bancorp’s previous quarterly dividend of $0.13.
Home Bancorp (NASDAQ:HBCP) traded down 0.11% on Friday, hitting $35.64. The stock had a trading volume of 11,511 shares. The firm’s 50-day moving average price is $35.33 and its 200-day moving average price is $35.26. Home Bancorp has a 1-year low of $24.76 and a 1-year high of $39.75. The firm has a market cap of $262.84 million, a P/E ratio of 14.43 and a beta of 0.23.
Home Bancorp (NASDAQ:HBCP) last released its earnings results on Tuesday, April 25th. The bank reported $0.66 earnings per share for the quarter, topping analysts’ consensus estimates of $0.58 by $0.08. The company had revenue of $18.80 million during the quarter, compared to the consensus estimate of $17.82 million. Home Bancorp had a return on equity of 9.14% and a net margin of 20.31%. On average, equities research analysts predict that Home Bancorp will post $2.54 earnings per share for the current year.
Separately, Zacks Investment Research upgraded Home Bancorp from a “hold” rating to a “buy” rating and set a $39.00 target price for the company in a research report on Thursday, April 27th.
Several large investors have recently added to or reduced their stakes in HBCP. Geode Capital Management LLC boosted its stake in shares of Home Bancorp by 5.7% in the first quarter. Geode Capital Management LLC now owns 33,284 shares of the bank’s stock worth $1,123,000 after buying an additional 1,782 shares during the period. Vanguard Group Inc. boosted its stake in shares of Home Bancorp by 2.4% in the first quarter. Vanguard Group Inc. now owns 153,836 shares of the bank’s stock worth $5,192,000 after buying an additional 3,622 shares during the period. Finally, American International Group Inc. boosted its stake in shares of Home Bancorp by 6.7% in the first quarter. American International Group Inc. now owns 3,527 shares of the bank’s stock worth $119,000 after buying an additional 220 shares during the period. Institutional investors own 41.71% of the company’s stock.
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About Home Bancorp
Home Bancorp, Inc is a bank holding company for Home Bank, N.A. (the Bank). The Bank conducts business through 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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