Home Bancorp, Inc. (NASDAQ:HBCP) Shares Sold by Bailard Inc.

Bailard Inc. lowered its position in shares of Home Bancorp, Inc. (NASDAQ:HBCP) by 35.7% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 5,043 shares of the bank’s stock after selling 2,800 shares during the period. Bailard Inc. owned 0.06% of Home Bancorp worth $212,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently bought and sold shares of the company. Allspring Global Investments Holdings LLC bought a new stake in shares of Home Bancorp during the 3rd quarter worth about $25,000. GAMMA Investing LLC bought a new position in Home Bancorp during the fourth quarter valued at about $39,000. SG Americas Securities LLC acquired a new position in Home Bancorp during the fourth quarter worth about $164,000. BCM Advisors LLC acquired a new stake in Home Bancorp in the 4th quarter valued at about $225,000. Finally, Steel Grove Capital Advisors LLC acquired a new position in shares of Home Bancorp in the 4th quarter worth approximately $241,000. 49.41% of the stock is currently owned by institutional investors.

Home Bancorp Price Performance

NASDAQ HBCP opened at $35.57 on Tuesday. The company has a current ratio of 0.95, a quick ratio of 0.95 and a debt-to-equity ratio of 0.26. Home Bancorp, Inc. has a 1 year low of $27.75 and a 1 year high of $44.00. The company has a market cap of $289.90 million, a PE ratio of 7.50 and a beta of 0.68. The stock’s 50-day moving average price is $35.91 and its two-hundred day moving average price is $37.45.

Home Bancorp Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, May 10th. Stockholders of record on Monday, April 29th will be issued a dividend of $0.25 per share. The ex-dividend date of this dividend is Friday, April 26th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 2.81%. Home Bancorp’s dividend payout ratio is currently 21.10%.

Analyst Upgrades and Downgrades

Separately, Piper Sandler cut Home Bancorp from an “overweight” rating to a “neutral” rating and upped their price target for the company from $40.00 to $43.00 in a report on Wednesday, January 24th.

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.