First Financial Bankshares Inc (FFIN) was Downgraded by Keefe Bruyette to ” Underperform”. Earlier the firm had a rating of “Mkt Perform ” on the company shares. Keefe Bruyette advised their investors in a research report released on Nov 29, 2016.
Many Wall Street Analysts have commented on First Financial Bankshares Inc. Company shares were Downgraded by Hovde Group on Nov 18, 2016 to ” Underperform”, Firm has raised the Price Target to $ 43 from a previous price target of $37.50 .
On the company’s financial health, First Financial Bankshares Inc reported $0.39 EPS for the quarter, missing the analyst consensus estimate by $ -0.01 based on the information available during the earnings call on Oct 20, 2016. Analyst had a consensus of $0.40.Analysts expectations of $ 85.00.During the same quarter in the previous year, the company posted $0.40 EPS.
First Financial Bankshares Inc (FFIN) witnessed a volatile trading activity on Friday , and eventually ended flat at 0.00% or 0 points without letting the bulls or bears take much advantage. The trading began at $45.6 and reached the intraday high at $45.65. The bulls started the profit booking and pushed the shares to intraday low of $45.3. The trading session was marked by a volume range of 81,767 shares exchanging hands. The 52-week high of the shares is $46.7 and the 52-week low is $24.12. The market cap of the company stands at $3,009 M and there are 6,60,63,285 shares in public circulation.
In a different news, on Apr 29, 2016, Ross Henry Jr Smith (director) purchased 1,000 shares at $32.45 per share price. According to the SEC, on Mar 14, 2016, Randall Allen Roewe (Chief Risk Officer) purchased 200 shares at $28.59 per share price. On Feb 19, 2016, Murray Hamilton Edwards (director) purchased 475 shares at $27.14 per share price, according to the Form-4 filing with the securities and exchange commission.
First Financial Bankshares Inc. is a financial holding company. Through its subsidiaries the Company conducts commercial banking business. It provides commercial banking services which include accepting and holding checking savings and time deposits making loans automated teller machines drive-in and night deposit services safe deposit facilities remote deposit capture Internet banking mobile banking payroll cards transmitting funds and other customary commercial banking services. It also conducts trust activities through First Financial Trust & Asset Management Company National Association its trust company. Through its trust company it offers personal trust services which include the administration of estates testamentary trusts revocable and irrevocable trusts and agency accounts. In addition it provides securities brokerage services through a third-party in its Abilene San Angelo Cleburne Stephenville Eastland and Weatherford banking regions.