LegacyTexas Financial Group Inc. (NASDAQ:LTXB) Director George A. Fisk sold 10,000 shares of the company’s stock in a transaction on Tuesday, November 15th. The shares were sold at an average price of $38.61, for a total transaction of $386,100.00. Following the completion of the sale, the director now directly owns 278,481 shares in the company, valued at $10,752,151.41. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink.

LegacyTexas Financial Group Inc. (NASDAQ:LTXB) traded up 1.12% on Thursday, hitting $38.80. 119,549 shares of the company’s stock were exchanged. The stock has a market cap of $1853.59 billion, a P/E ratio of 19.90 and a beta of 1.06. The firm has a 50 day moving average price of $33.53 and a 200-day moving average price of $29.48. LegacyTexas Financial Group Inc. has a 52-week low of $16.79 and a 52-week high of $39.67.

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

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

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

LTXB has been the topic of several research analyst reports. Zacks Investment Research lowered shares of LegacyTexas Financial Group from a “buy” rating to a “hold” rating in a research note on Thursday, October 20th. Compass Point increased their target price on shares of LegacyTexas Financial Group from $33.00 to $35.00 and gave the stock a “buy” rating in a research note on Thursday, July 21st. Raymond James Financial Inc. lowered shares of LegacyTexas Financial Group from a “strong-buy” rating to an “outperform” rating and cut their target price for the stock from $32.00 to $31.00 in a research note on Thursday, July 21st. They noted that the move was a valuation call. Finally, Hovde Group increased their target price on shares of LegacyTexas Financial Group from $27.00 to $30.00 and gave the stock a “market perform” rating in a research note on Thursday, July 21st. One investment analyst has rated the stock with a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the stock. The stock presently has an average rating of “Buy” and an average price target of $32.00.

Several hedge funds and other institutional investors have recently modified their holdings of LTXB. Quantbot Technologies LP increased its position in shares of LegacyTexas Financial Group by 76.7% in the third quarter. Quantbot Technologies LP now owns 4,566 shares of the financial services provider’s stock worth $144,000 after buying an additional 1,982 shares during the last quarter. Societe Generale bought a new position in shares of LegacyTexas Financial Group during the second quarter worth about $124,000. SG Americas Securities LLC bought a new position in shares of LegacyTexas Financial Group during the second quarter worth about $124,000. Tower Research Capital LLC TRC increased its position in shares of LegacyTexas Financial Group by 1,264.0% in the second quarter. Tower Research Capital LLC TRC now owns 4,856 shares of the financial services provider’s stock worth $131,000 after buying an additional 4,500 shares during the last quarter. Finally, Nisa Investment Advisors LLC bought a new position in shares of LegacyTexas Financial Group during the third quarter worth about $158,000. 77.17% of the stock is currently owned by institutional investors.

LegacyTexas Financial Group Company Profile

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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