LegacyTexas Financial Group Inc. (NASDAQ:LTXB) Director George A. Fisk sold 20,000 shares of the stock in a transaction dated Friday, November 11th. The shares were sold at an average price of $36.84, for a total transaction of $736,800.00. Following the transaction, the director now owns 298,481 shares of the company’s stock, valued at approximately $10,996,040.04. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Shares of LegacyTexas Financial Group Inc. (NASDAQ:LTXB) opened at 38.37 on Thursday. LegacyTexas Financial Group Inc. has a one year low of $16.79 and a one year high of $39.67. The stock has a 50 day moving average of $33.53 and a 200-day moving average of $29.48. The stock has a market capitalization of $1.77 billion, a P/E ratio of 19.98 and a beta of 1.06.

LegacyTexas Financial Group (NASDAQ:LTXB) last posted its quarterly earnings results on Tuesday, October 18th. The financial services provider reported $0.61 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.51 by $0.10. LegacyTexas Financial Group had a return on equity of 10.37% and a net margin of 25.44%. During the same period last year, the firm posted $0.39 earnings per share. Equities analysts forecast that LegacyTexas Financial Group Inc. will post $2.12 earnings per share for the current year.

Insider Buying and Selling by Quarter for LegacyTexas Financial Group (NASDAQ:LTXB)

The business also recently declared a quarterly dividend, which was paid on Monday, November 14th. Stockholders of record on Monday, October 31st were given a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 1.56%. The ex-dividend date was Thursday, October 27th. LegacyTexas Financial Group’s dividend payout ratio is presently 31.25%.

Several research firms have commented on LTXB. Zacks Investment Research downgraded shares of LegacyTexas Financial Group from a “buy” rating to a “hold” rating in a report on Thursday, October 20th. Compass Point upped their price objective on shares of LegacyTexas Financial Group from $33.00 to $35.00 and gave the company a “buy” rating in a report on Thursday, July 21st. Raymond James Financial Inc. downgraded shares of LegacyTexas Financial Group from a “strong-buy” rating to an “outperform” rating and dropped their price objective for the company from $32.00 to $31.00 in a report on Thursday, July 21st. They noted that the move was a valuation call. Finally, Hovde Group upped their price objective on shares of LegacyTexas Financial Group from $27.00 to $30.00 and gave the company a “market perform” rating in a report on Thursday, July 21st. One analyst has rated the stock with a hold rating, six have issued a buy rating and one has issued a strong buy rating to the company. The stock currently has a consensus rating of “Buy” and a consensus target price of $32.00.

Institutional investors have recently bought and sold shares of the company. Vanguard Group Inc. raised its position in LegacyTexas Financial Group by 3.0% in the second quarter. Vanguard Group Inc. now owns 3,450,757 shares of the financial services provider’s stock valued at $92,860,000 after buying an additional 99,259 shares in the last quarter. BlackRock Fund Advisors raised its position in LegacyTexas Financial Group by 4.8% in the third quarter. BlackRock Fund Advisors now owns 2,915,900 shares of the financial services provider’s stock valued at $92,230,000 after buying an additional 134,028 shares in the last quarter. Neuberger Berman Group LLC raised its position in LegacyTexas Financial Group by 6.2% in the third quarter. Neuberger Berman Group LLC now owns 2,697,779 shares of the financial services provider’s stock valued at $85,331,000 after buying an additional 158,634 shares in the last quarter. Dimensional Fund Advisors LP raised its position in LegacyTexas Financial Group by 1.4% in the second quarter. Dimensional Fund Advisors LP now owns 2,027,243 shares of the financial services provider’s stock valued at $54,552,000 after buying an additional 28,397 shares in the last quarter. Finally, PNC Financial Services Group Inc. raised its position in LegacyTexas Financial Group by 3.2% in the third quarter. PNC Financial Services Group Inc. now owns 1,725,050 shares of the financial services provider’s stock valued at $54,564,000 after buying an additional 53,438 shares in the last quarter. 77.17% of the stock is owned by hedge funds and other institutional investors.

About LegacyTexas Financial Group

LegacyTexas Financial Group, Inc is a bank holding company. LegacyTexas Bank is its wholly owned principal operating subsidiary. The Company is engaged in attracting retail deposits from the general public and the business community and investing those funds, along with borrowed funds, in commercial real estate loans, secured and unsecured commercial and industrial loans, as well as permanent loans secured by first and second mortgages on one- to four-family residences and consumer loans.

5 Day Chart for NASDAQ:LTXB

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