LegacyTexas Financial Group Inc (LTXB) : Cfo4life scooped up 243 additional shares in LegacyTexas Financial Group Inc during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 8, 2016. The investment management firm now holds a total of 82,732 shares of LegacyTexas Financial Group Inc which is valued at $2,435,630.LegacyTexas Financial Group Inc makes up approximately 2.02% of Cfo4life’s portfolio.
Other Hedge Funds, Including , Oppenheimer Co Inc reduced its stake in LTXB by selling 22,161 shares or 62.14% in the most recent quarter. The Hedge Fund company now holds 13,500 shares of LTXB which is valued at $397,440. LegacyTexas Financial Group Inc makes up approx 0.01% of Oppenheimer Co Inc’s portfolio.California Public Employees Retirement System reduced its stake in LTXB by selling 3,200 shares or 7.31% in the most recent quarter. The Hedge Fund company now holds 40,600 shares of LTXB which is valued at $1,145,326.American Century Companies Inc boosted its stake in LTXB in the latest quarter, The investment management firm added 37,771 additional shares and now holds a total of 941,938 shares of LegacyTexas Financial Group Inc which is valued at $27,730,655. LegacyTexas Financial Group Inc makes up approx 0.03% of American Century Companies Inc’s portfolio.
LegacyTexas Financial Group Inc opened for trading at $29.72 and hit $30 on the upside on Monday, eventually ending the session at $29.98, with a gain of 1.25% or 0.37 points. The heightened volatility saw the trading volume jump to 2,25,312 shares. Company has a market cap of $1,429 M.
On the company’s financial health, LegacyTexas Financial Group Inc reported $0.50 EPS for the quarter, beating the analyst consensus estimate by $ 0.06 according to the earnings call on Jul 19, 2016. Analyst had a consensus of $0.44.Analysts expectations of $ 78.82.During the same quarter in the previous year, the company posted $0.44 EPS.
Many Wall Street Analysts have commented on LegacyTexas Financial Group Inc. Company shares were Reiterated by Compass Point on Jul 21, 2016 to “Buy”, Firm has raised the Price Target to $ 35 from a previous price target of $33 .Company shares were Reiterated by Hovde Group on Jul 21, 2016 to “Market Perform”, Firm has raised the Price Target to $ 30 from a previous price target of $27 .LegacyTexas Financial Group Inc was Downgraded by Raymond James to ” Outperform” on Jul 21, 2016.
LegacyTexas Financial Group Inc. formerly ViewPoint Financial Group Inc. is a stock holding company for its wholly owned subsidiary LegacyTexas Bank. The Company’s principal business consists of 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 owner-occupied one- to four-family residences and consumer loans. The Warehouse Purchase Program allows mortgage banking company customers to close one- to four-family real estate loans in the own name and manage its cash flow needs until the loans are sold to investors. It offers brokerage services for the purchase and sale of non-deposit investment and insurance products through a third-party brokerage arrangement.