LSV Asset Management Has $2 Million Position in LegacyTexas Financial Group Inc (LTXB)

LSV Asset Management trimmed its position in shares of LegacyTexas Financial Group Inc (NASDAQ:LTXB) by 3.5% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 47,400 shares of the financial services provider’s stock after selling 1,700 shares during the period. LSV Asset Management owned about 0.10% of LegacyTexas Financial Group worth $2,000,000 as of its most recent SEC filing.

A number of other large investors have also recently modified their holdings of the stock. WFG Advisors LP grew its holdings in LegacyTexas Financial Group by 0.4% during the 2nd quarter. WFG Advisors LP now owns 3,169 shares of the financial services provider’s stock valued at $121,000 after purchasing an additional 13 shares during the last quarter. Ameritas Investment Partners Inc. grew its holdings in LegacyTexas Financial Group by 8.3% during the 2nd quarter. Ameritas Investment Partners Inc. now owns 4,150 shares of the financial services provider’s stock valued at $158,000 after purchasing an additional 319 shares during the last quarter. Voya Investment Management LLC grew its holdings in LegacyTexas Financial Group by 5.7% during the 2nd quarter. Voya Investment Management LLC now owns 28,887 shares of the financial services provider’s stock valued at $1,101,000 after purchasing an additional 1,558 shares during the last quarter. New York State Common Retirement Fund boosted its position in LegacyTexas Financial Group by 2.6% in the 3rd quarter. New York State Common Retirement Fund now owns 69,613 shares of the financial services provider’s stock valued at $2,779,000 after buying an additional 1,784 shares during the period. Finally, Rhumbline Advisers boosted its position in LegacyTexas Financial Group by 2.1% in the 3rd quarter. Rhumbline Advisers now owns 92,115 shares of the financial services provider’s stock valued at $3,677,000 after buying an additional 1,860 shares during the period. Institutional investors own 84.96% of the company’s stock.

In other news, EVP Charles D. Eikenberg sold 10,000 shares of the company’s stock in a transaction that occurred on Monday, February 5th. The shares were sold at an average price of $44.01, for a total value of $440,100.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Charles D. Eikenberg sold 5,000 shares of the company’s stock in a transaction that occurred on Wednesday, January 31st. The stock was sold at an average price of $44.18, for a total transaction of $220,900.00. The disclosure for this sale can be found here. Insiders sold a total of 47,500 shares of company stock valued at $2,046,000 in the last ninety days. Corporate insiders own 3.10% of the company’s stock.

Several research firms have issued reports on LTXB. Zacks Investment Research cut shares of LegacyTexas Financial Group from a “strong-buy” rating to a “hold” rating in a research report on Wednesday. Sandler O’Neill reissued a “buy” rating and issued a $50.00 price objective on shares of LegacyTexas Financial Group in a research report on Thursday, January 25th. DA Davidson boosted their price objective on shares of LegacyTexas Financial Group to $53.00 and gave the company a “buy” rating in a research report on Thursday, January 25th. Stephens reissued a “hold” rating and issued a $46.00 price objective on shares of LegacyTexas Financial Group in a research report on Thursday, January 25th. Finally, SunTrust Banks reissued a “buy” rating and issued a $47.00 price objective on shares of LegacyTexas Financial Group in a research report on Wednesday, November 29th. One analyst has rated the stock with a sell rating, three have issued a hold rating and five have issued a buy rating to the company. LegacyTexas Financial Group presently has a consensus rating of “Hold” and an average price target of $47.79.

Shares of LegacyTexas Financial Group Inc (NASDAQ:LTXB) opened at $42.48 on Wednesday. The stock has a market cap of $2,048.00, a PE ratio of 22.48, a price-to-earnings-growth ratio of 1.35 and a beta of 1.26. The company has a debt-to-equity ratio of 1.23, a current ratio of 1.16 and a quick ratio of 0.99. LegacyTexas Financial Group Inc has a 52-week low of $31.50 and a 52-week high of $46.45.

LegacyTexas Financial Group (NASDAQ:LTXB) last released its quarterly earnings data on Tuesday, January 23rd. The financial services provider reported $0.60 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.62 by ($0.02). The company had revenue of $87.10 million during the quarter, compared to analysts’ expectations of $91.99 million. LegacyTexas Financial Group had a net margin of 21.80% and a return on equity of 10.94%. LegacyTexas Financial Group’s quarterly revenue was up .9% on a year-over-year basis. During the same period last year, the firm earned $0.55 earnings per share. equities research analysts anticipate that LegacyTexas Financial Group Inc will post 3.15 earnings per share for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Friday, February 16th. Stockholders of record on Monday, February 5th will be given a $0.16 dividend. The ex-dividend date of this dividend is Friday, February 2nd. This represents a $0.64 annualized dividend and a dividend yield of 1.51%. LegacyTexas Financial Group’s payout ratio is presently 33.86%.

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LegacyTexas Financial Group Company Profile

LegacyTexas Financial Group, Inc is a bank holding company. LegacyTexas Bank (the Bank) is the Company’s principal operating subsidiary, which is a commercial bank that is focused on meeting the needs of businesses and consumers in the North Texas area. Its principal business consists of attracting retail deposits from general public and 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.

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Institutional Ownership by Quarter for LegacyTexas Financial Group (NASDAQ:LTXB)

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