LegacyTexas Financial Group Inc. (LTXB) Director George A. Fisk Sells 10,000 Shares
LegacyTexas Financial Group Inc. (NASDAQ:LTXB) Director George A. Fisk sold 10,000 shares of the stock in a transaction that occurred on Tuesday, November 22nd. The stock was sold at an average price of $39.50, for a total transaction of $395,000.00. Following the sale, the director now owns 268,481 shares in the company, valued at approximately $10,604,999.50. The transaction was disclosed in a document filed with the SEC, which is available at this link.
Shares of LegacyTexas Financial Group Inc. (NASDAQ:LTXB) remained flat at $39.47 during trading on Thursday. 167,027 shares of the company were exchanged. LegacyTexas Financial Group Inc. has a 52 week low of $16.79 and a 52 week high of $40.02. The company’s 50-day moving average is $34.59 and its 200-day moving average is $30.02. The company has a market capitalization of $1.82 billion, a PE ratio of 20.56 and a beta of 1.06.
LegacyTexas Financial Group (NASDAQ:LTXB) last announced its quarterly earnings data 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 last year, the business earned $0.39 EPS. On average, equities research analysts expect that LegacyTexas Financial Group Inc. will post $2.12 EPS for the current year.
The firm 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 1.52%. The ex-dividend date of this dividend was Thursday, October 27th. LegacyTexas Financial Group’s dividend payout ratio (DPR) is currently 31.25%.
Several hedge funds have recently bought and sold shares of LTXB. Quantbot Technologies LP raised its stake in 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 valued at $144,000 after buying an additional 1,982 shares during the period. Societe Generale acquired a new stake in LegacyTexas Financial Group during the second quarter valued at about $124,000. SG Americas Securities LLC acquired a new stake in LegacyTexas Financial Group during the second quarter valued at about $124,000. Tower Research Capital LLC TRC raised its stake in 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 valued at $131,000 after buying an additional 4,500 shares during the period. Finally, Nisa Investment Advisors LLC acquired a new stake in LegacyTexas Financial Group during the third quarter valued at about $158,000. 76.63% of the stock is currently owned by institutional investors.
Several research firms recently issued reports on LTXB. Compass Point lowered shares of LegacyTexas Financial Group from a “buy” rating to a “neutral” rating in a research report on Friday, November 18th. Zacks Investment Research upgraded shares of LegacyTexas Financial Group from a “hold” rating to a “strong-buy” rating and set a $38.00 price target on the stock in a research report on Friday, October 21st. Two analysts have rated the stock with a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the stock. The company currently has an average rating of “Buy” and a consensus target price of $32.00.
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.
Receive News & Stock Ratings for LegacyTexas Financial Group Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for LegacyTexas Financial Group Inc. and related stocks with our FREE daily email newsletter.