Home Bancorp, Inc. (HBCP) Shares Sold by Citigroup Inc.

Citigroup Inc. cut its position in shares of Home Bancorp, Inc. (NASDAQ:HBCP) by 38.5% during the 1st quarter, according to the company in its most recent filing with the SEC. The firm owned 2,730 shares of the bank’s stock after selling 1,709 shares during the quarter. Citigroup Inc.’s holdings in Home Bancorp were worth $118,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently modified their holdings of the company. Wells Fargo & Company MN increased its position in shares of Home Bancorp by 13.3% during the 1st quarter. Wells Fargo & Company MN now owns 10,104 shares of the bank’s stock valued at $437,000 after purchasing an additional 1,188 shares during the period. LSV Asset Management increased its position in shares of Home Bancorp by 7.3% during the 1st quarter. LSV Asset Management now owns 22,128 shares of the bank’s stock valued at $955,000 after purchasing an additional 1,500 shares during the period. JPMorgan Chase & Co. increased its position in shares of Home Bancorp by 33.0% during the 1st quarter. JPMorgan Chase & Co. now owns 7,056 shares of the bank’s stock valued at $305,000 after purchasing an additional 1,750 shares during the period. MetLife Investment Advisors LLC acquired a new position in shares of Home Bancorp during the 4th quarter valued at $133,000. Finally, Thomson Horstmann & Bryant Inc. increased its position in shares of Home Bancorp by 3.4% during the 1st quarter. Thomson Horstmann & Bryant Inc. now owns 125,225 shares of the bank’s stock valued at $5,405,000 after purchasing an additional 4,072 shares during the period. Institutional investors own 37.13% of the company’s stock.

Several equities analysts have recently issued reports on the company. Zacks Investment Research upgraded Home Bancorp from a “hold” rating to a “buy” rating and set a $54.00 price target on the stock in a research report on Wednesday. Sandler O’Neill set a $48.00 price objective on Home Bancorp and gave the stock a “hold” rating in a research note on Tuesday, April 24th. BidaskClub raised Home Bancorp from a “hold” rating to a “buy” rating in a research note on Thursday, June 21st. Finally, ValuEngine lowered Home Bancorp from a “buy” rating to a “hold” rating in a research note on Wednesday, May 2nd. Four investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The stock has a consensus rating of “Hold” and an average target price of $51.00.

HBCP opened at $47.00 on Friday. The firm has a market cap of $451.85 million, a PE ratio of 16.97 and a beta of 0.12. The company has a debt-to-equity ratio of 0.24, a current ratio of 0.96 and a quick ratio of 0.96. Home Bancorp, Inc. has a fifty-two week low of $34.12 and a fifty-two week high of $48.47.

Home Bancorp (NASDAQ:HBCP) last released its quarterly earnings data on Tuesday, April 24th. The bank reported $0.88 earnings per share for the quarter, topping the consensus estimate of $0.71 by $0.17. The business had revenue of $25.99 million during the quarter, compared to analyst estimates of $25.03 million. Home Bancorp had a return on equity of 10.11% and a net margin of 21.91%. equities research analysts forecast that Home Bancorp, Inc. will post 3.5 earnings per share for the current fiscal year.

In other news, Director Michael P. Maraist sold 3,000 shares of the firm’s stock in a transaction on Friday, June 8th. The stock was sold at an average price of $45.95, for a total transaction of $137,850.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Paul J. Blanchet III sold 1,000 shares of the firm’s stock in a transaction on Wednesday, June 6th. The stock was sold at an average price of $44.91, for a total value of $44,910.00. The disclosure for this sale can be found here. Company insiders own 13.20% of the company’s stock.

Home Bancorp Company Profile

Home Bancorp, Inc operates as the holding company for Home Bank, National Association that provides various banking products and services in Louisiana. It offers deposits products, including interest-bearing and noninterest-bearing checking, money market, savings, and certificates of deposit accounts.

Institutional Ownership by Quarter for Home Bancorp (NASDAQ:HBCP)

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