County Bancorp, Inc. (ICBK) Position Held by Capital Investment Advisory Services LLC
Capital Investment Advisory Services LLC maintained its stake in County Bancorp, Inc. (NASDAQ:ICBK) during the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 12,947 shares of the financial services provider’s stock at the end of the second quarter. Capital Investment Advisory Services LLC owned about 0.19% of County Bancorp worth $311,000 as of its most recent filing with the SEC.
Other hedge funds also recently added to or reduced their stakes in the company. Bank of Montreal Can boosted its stake in shares of County Bancorp by 21.8% in the first quarter. Bank of Montreal Can now owns 223,374 shares of the financial services provider’s stock valued at $6,491,000 after buying an additional 40,052 shares in the last quarter. Goldman Sachs Group Inc. acquired a new stake in shares of County Bancorp during the first quarter valued at about $1,116,000. Geode Capital Management LLC boosted its stake in shares of County Bancorp by 7.2% in the first quarter. Geode Capital Management LLC now owns 38,117 shares of the financial services provider’s stock valued at $1,107,000 after buying an additional 2,552 shares in the last quarter. Emerald Mutual Fund Advisers Trust boosted its stake in shares of County Bancorp by 16.4% in the second quarter. Emerald Mutual Fund Advisers Trust now owns 35,869 shares of the financial services provider’s stock valued at $861,000 after buying an additional 5,055 shares in the last quarter. Finally, Renaissance Technologies LLC boosted its stake in shares of County Bancorp by 29.0% in the fourth quarter. Renaissance Technologies LLC now owns 20,900 shares of the financial services provider’s stock valued at $564,000 after buying an additional 4,700 shares in the last quarter. 27.65% of the stock is owned by institutional investors and hedge funds.
County Bancorp, Inc. (NASDAQ ICBK) traded down 0.20% during midday trading on Tuesday, reaching $25.50. 3,303 shares of the company’s stock were exchanged. The stock’s 50 day moving average is $24.69 and its 200 day moving average is $26.74. The firm has a market capitalization of $169.35 million, a P/E ratio of 15.68 and a beta of 0.52. County Bancorp, Inc. has a 52 week low of $19.50 and a 52 week high of $35.89.
County Bancorp (NASDAQ:ICBK) last released its quarterly earnings data on Thursday, July 20th. The financial services provider reported $0.29 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.45 by $0.16. County Bancorp had a return on equity of 9.04% and a net margin of 19.27%. The company had revenue of $11.41 million for the quarter, compared to analyst estimates of $11.36 million. On average, analysts expect that County Bancorp, Inc. will post $1.56 EPS for the current fiscal year.
Several research firms have weighed in on ICBK. Zacks Investment Research upgraded shares of County Bancorp from a “strong sell” rating to a “hold” rating in a report on Monday, June 26th. Maxim Group reiterated a “buy” rating and issued a $33.00 target price on shares of County Bancorp in a report on Thursday, July 20th. Finally, Robert W. Baird lowered shares of County Bancorp from an “outperform” rating to a “neutral” rating and upped their price objective for the stock from $30.00 to $31.00 in a report on Monday, April 24th.
In other County Bancorp news, Director Andrew J. Steimle bought 1,200 shares of the stock in a transaction dated Wednesday, May 31st. The stock was bought at an average cost of $25.38 per share, for a total transaction of $30,456.00. Following the completion of the purchase, the director now owns 13,700 shares in the company, valued at approximately $347,706. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, President Timothy J. Schneider sold 2,000 shares of the firm’s stock in a transaction on Friday, May 26th. The shares were sold at an average price of $25.04, for a total value of $50,080.00. Following the completion of the sale, the president now owns 124,658 shares of the company’s stock, valued at $3,121,436.32. The disclosure for this sale can be found here. Insiders have sold 15,650 shares of company stock valued at $391,550 over the last quarter. Corporate insiders own 26.30% of the company’s stock.
About County Bancorp
County Bancorp, Inc is a bank holding company. The Company’s primary activities consist of holding the stock of its subsidiary bank, Investors Community Bank (the Bank), and providing banking and related business activities through the Bank and its other subsidiaries. It operates in the community banking segment.
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