Home Bancorp, Inc. (NASDAQ:hbcp) declared a quarterly dividend on Tuesday, April 25th. Shareholders of record on Monday, May 8th will be paid a dividend of 0.14 per share by the bank on Friday, May 19th. This represents a $0.56 dividend on an annualized basis and a yield of 1.59%. The ex-dividend date is Thursday, May 4th. This is a positive change from Home Bancorp’s previous quarterly dividend of $0.13.
Shares of Home Bancorp (NASDAQ:HBCP) traded down 1.71% on Thursday, reaching $35.11. 10,521 shares of the company’s stock were exchanged. The company has a 50 day moving average price of $35.01 and a 200 day moving average price of $34.95. The firm has a market cap of $258.94 million, a PE ratio of 14.21 and a beta of 0.23. Home Bancorp has a one year low of $24.76 and a one year high of $39.75.
Home Bancorp (NASDAQ:HBCP) last issued its quarterly earnings data on Tuesday, April 25th. The bank reported $0.66 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.58 by $0.08. The business had revenue of $18.80 million for the quarter, compared to analysts’ expectations of $17.82 million. Home Bancorp had a return on equity of 9.14% and a net margin of 20.31%. Analysts expect that Home Bancorp will post $2.54 EPS for the current fiscal year.
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Separately, Zacks Investment Research raised Home Bancorp from a “hold” rating to a “buy” rating and set a $41.00 price objective on the stock in a report on Friday, January 27th.
Hedge funds have recently modified their holdings of the company. 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 valued at $119,000 after buying an additional 220 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 valued at $5,192,000 after buying an additional 3,622 shares during the period. Finally, 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 valued at $1,123,000 after buying an additional 1,782 shares during the period. 41.71% of the stock is currently owned by institutional investors and hedge funds.
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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