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

Home Bancorp, Inc. (NASDAQ:HBCP) saw 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 company’s shares are short sold. Based on an average daily volume of 11,900 shares, the short-interest ratio is currently 2.4 days.

Home Bancorp Trading Down 0.5 %

NASDAQ HBCP traded down $0.17 during trading on Friday, hitting $36.43. The company had a trading volume of 9,525 shares, compared to its average volume of 13,696. The company has a current ratio of 0.95, a quick ratio of 0.95 and a debt-to-equity ratio of 0.25. Home Bancorp has a one year low of $31.47 and a one year high of $44.00. The company has a market cap of $296.18 million, a price-to-earnings ratio of 7.69 and a beta of 0.69. The company’s fifty day moving average is $36.37 and its 200-day moving average is $37.79.

Home Bancorp (NASDAQ:HBCP) last issued its quarterly earnings results on Wednesday, April 17th. The bank reported $1.14 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.00 by $0.14. The company 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%. On average, sell-side analysts predict that Home Bancorp will post 4.1 earnings per share for the current year.

Home Bancorp Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, May 10th. Investors of record on Monday, April 29th were paid a $0.25 dividend. The ex-dividend date was Friday, April 26th. This represents a $1.00 annualized dividend and a dividend yield of 2.74%. Home Bancorp’s payout ratio is 21.10%.

Insider Activity

In related news, CFO David T. Kirkley sold 1,180 shares of the company’s stock in a transaction 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 completion of the sale, the chief financial officer now directly owns 4,631 shares in the company, valued at approximately $170,096.63. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 7.30% of the stock is owned by corporate insiders.

Institutional Trading of Home Bancorp

Several institutional investors have recently bought and sold shares of the company. Vanguard Group Inc. boosted its holdings in shares of Home Bancorp by 0.9% during the 1st quarter. Vanguard Group Inc. now owns 365,043 shares of the bank’s stock valued at $13,985,000 after acquiring an additional 3,414 shares during the last quarter. Spire Wealth Management boosted its holdings in shares of Home Bancorp by 0.7% during 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% during 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% during 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 first quarter. Kennedy Capital Management LLC now owns 22,832 shares of the bank’s stock worth $875,000 after buying an additional 5,177 shares during the last quarter. 49.41% of the stock is owned by hedge funds and other institutional investors.

Home Bancorp Company Profile

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.