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

Home Bancorp, Inc. (NASDAQ:HBCP) crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred 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 traded.

Home Bancorp Stock Performance

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

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

Home Bancorp Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, May 10th. Shareholders of record on Monday, April 29th were given a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a yield of 2.50%. The ex-dividend date was Friday, April 26th. Home Bancorp’s dividend payout ratio is presently 21.10%.

Insiders Place Their Bets

In other Home Bancorp news, CFO David T. Kirkley sold 1,180 shares of the business’s stock in a transaction that occurred on Thursday, June 13th. The shares were sold at an average price of $36.73, for a total transaction of $43,341.40. Following the sale, the chief financial officer now owns 4,631 shares of the company’s stock, valued at approximately $170,096.63. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. 7.30% of the stock is owned by insiders.

Institutional Trading of Home Bancorp

Several large investors have recently bought and sold shares of the stock. Vanguard Group Inc. grew its position in Home Bancorp by 0.9% during the 1st quarter. Vanguard Group Inc. now owns 365,043 shares of the bank’s stock worth $13,985,000 after purchasing an additional 3,414 shares during the last quarter. Spire Wealth Management boosted its holdings in shares of Home Bancorp by 0.7% in the 1st quarter. Spire Wealth Management now owns 79,922 shares of the bank’s stock valued at $3,062,000 after acquiring an additional 525 shares during the last quarter. Cullen Investment Group LTD. boosted its holdings in shares of Home Bancorp by 12.0% in the 1st quarter. Cullen Investment Group LTD. now owns 32,151 shares of the bank’s stock valued at $1,183,000 after acquiring an additional 3,454 shares during the last quarter. Empowered Funds LLC boosted its holdings in shares of Home Bancorp by 7.8% in the 1st quarter. Empowered Funds LLC now owns 26,509 shares of the bank’s stock valued at $1,016,000 after acquiring an additional 1,925 shares during the last quarter. Finally, Kennedy Capital Management LLC boosted its holdings in shares of Home Bancorp by 29.3% in the 1st quarter. Kennedy Capital Management LLC now owns 22,832 shares of the bank’s stock valued at $875,000 after acquiring an additional 5,177 shares during the last quarter. Hedge funds and other institutional investors own 49.41% of the company’s stock.

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.