Aperio Group LLC raised its stake in shares of Texas Capital Bancshares, Inc. (NASDAQ:TCBI) by 5.6% during the second quarter, Holdings Channel reports. The fund owned 11,662 shares of the bank’s stock after buying an additional 617 shares during the period. Aperio Group LLC’s holdings in Texas Capital Bancshares were worth $903,000 as of its most recent filing with the SEC.

Several other institutional investors have also modified their holdings of the stock. Teachers Advisors LLC raised its position in shares of Texas Capital Bancshares by 16.1% in the fourth quarter. Teachers Advisors LLC now owns 96,279 shares of the bank’s stock valued at $7,548,000 after buying an additional 13,326 shares during the last quarter. Everence Capital Management Inc. acquired a new position in shares of Texas Capital Bancshares during the first quarter valued at about $287,000. Nisa Investment Advisors LLC raised its position in shares of Texas Capital Bancshares by 5.0% in the first quarter. Nisa Investment Advisors LLC now owns 21,620 shares of the bank’s stock valued at $1,804,000 after buying an additional 1,020 shares during the last quarter. Retirement Systems of Alabama acquired a new position in shares of Texas Capital Bancshares during the first quarter valued at about $5,350,000. Finally, Nationwide Fund Advisors raised its position in shares of Texas Capital Bancshares by 28.6% in the first quarter. Nationwide Fund Advisors now owns 327,539 shares of the bank’s stock valued at $27,333,000 after buying an additional 72,749 shares during the last quarter.

Shares of Texas Capital Bancshares, Inc. (NASDAQ TCBI) traded up 1.17% on Friday, hitting $73.25. The stock had a trading volume of 151,236 shares. The firm has a 50 day moving average of $78.19 and a 200-day moving average of $80.04. The firm has a market capitalization of $3.63 billion, a price-to-earnings ratio of 20.33 and a beta of 1.67. Texas Capital Bancshares, Inc. has a 1-year low of $48.01 and a 1-year high of $93.35.

Texas Capital Bancshares (NASDAQ:TCBI) last posted its earnings results on Wednesday, July 19th. The bank reported $0.97 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.94 by $0.03. The company had revenue of $201.73 million during the quarter, compared to analyst estimates of $197.10 million. Texas Capital Bancshares had a net margin of 21.84% and a return on equity of 10.01%. During the same period in the prior year, the business posted $0.78 earnings per share. Equities analysts predict that Texas Capital Bancshares, Inc. will post $4.01 earnings per share for the current year.

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Several equities analysts have recently issued reports on TCBI shares. Stephens reiterated a “hold” rating on shares of Texas Capital Bancshares in a research note on Thursday, April 20th. Raymond James Financial, Inc. reissued a “market perform” rating on shares of Texas Capital Bancshares in a report on Thursday, April 20th. Zacks Investment Research downgraded Texas Capital Bancshares from a “buy” rating to a “hold” rating in a report on Friday, April 21st. Barclays PLC reissued a “hold” rating and set a $75.00 price objective (down previously from $78.00) on shares of Texas Capital Bancshares in a report on Friday, April 21st. Finally, Piper Jaffray Companies reissued a “neutral” rating and set a $80.00 price objective (down previously from $85.00) on shares of Texas Capital Bancshares in a report on Saturday, April 22nd. One investment analyst has rated the stock with a sell rating, ten have issued a hold rating, six have assigned a buy rating and one has issued a strong buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus target price of $86.15.

In other news, insider C Keith Cargill bought 3,000 shares of the company’s stock in a transaction dated Friday, August 11th. The stock was bought at an average cost of $74.15 per share, for a total transaction of $222,450.00. Following the completion of the acquisition, the insider now owns 80,286 shares in the company, valued at approximately $5,953,206.90. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CFO Peter B. Bartholow sold 4,000 shares of the stock in a transaction dated Friday, June 2nd. The stock was sold at an average price of $74.52, for a total transaction of $298,080.00. Following the sale, the chief financial officer now owns 37,671 shares of the company’s stock, valued at $2,807,242.92. The disclosure for this sale can be found here. Corporate insiders own 0.47% of the company’s stock.

About Texas Capital Bancshares

Texas Capital Bancshares, Inc is a bank holding and a financial holding company. The Company is the parent of Texas Capital Bank, National Association (the Bank). It offers a range of loan, deposit account and other financial products and services to its customers. It offers a range of products and services for its business customers, including commercial loans for general corporate purposes, including financing for working capital, internal growth, acquisitions and financing for business insurance premiums; medium- and long-term tax-exempt loans for municipalities and other governmental and tax-exempt entities; wealth management and trust services, and letters of credit.

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Institutional Ownership by Quarter for Texas Capital Bancshares (NASDAQ:TCBI)

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