Tag Archives: LTXB

ViewPoint Financial Group (LTXB) Holdings Boosted by Port Capital LLC

Port Capital LLC boosted its position in shares of ViewPoint Financial Group (NASDAQ:LTXB) by 0.7% during the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 417,573 shares of the financial services provider’s stock after purchasing an additional 2,938 shares during the period. ViewPoint Financial Group accounts for 2.5% of Port Capital LLC’s investment portfolio, making the stock its 5th biggest holding. Port Capital LLC owned 0.87% of ViewPoint Financial Group worth $17,880,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. California Public Employees Retirement System grew its holdings in shares of ViewPoint Financial Group by 8.4% during the 3rd quarter. California Public Employees Retirement System now owns 45,529 shares of the financial services provider’s stock valued at $1,818,000 after acquiring an additional 3,529 shares in the last quarter. Bank of Montreal Can lifted its stake in shares of ViewPoint Financial Group by 1,085.0% in the 4th quarter. Bank of Montreal Can now owns 38,892 shares of the financial services provider’s stock valued at $1,642,000 after purchasing an additional 35,610 shares during the last quarter. Creative Planning acquired a new stake in shares of ViewPoint Financial Group in the 4th quarter valued at $403,000. Schwab Charles Investment Management Inc. lifted its stake in shares of ViewPoint Financial Group by 8.8% in the 4th quarter. Schwab Charles Investment Management Inc. now owns 215,492 shares of the financial services provider’s stock valued at $9,096,000 after purchasing an additional 17,402 shares during the last quarter. Finally, Chessman Wealth Strategies RIA acquired a new stake in shares of ViewPoint Financial Group in the 4th quarter valued at $268,000. Hedge funds and other institutional investors own 84.47% of the company’s stock.

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Several research firms recently issued reports on LTXB. Stephens reaffirmed a “hold” rating and issued a $46.00 price objective on shares of ViewPoint Financial Group in a research note on Thursday, January 25th. Sandler O’Neill reissued a “buy” rating and set a $50.00 target price on shares of ViewPoint Financial Group in a research report on Thursday, January 25th. DA Davidson boosted their target price on shares of ViewPoint Financial Group to $53.00 and gave the stock a “buy” rating in a research report on Thursday, January 25th. BidaskClub raised shares of ViewPoint Financial Group from a “hold” rating to a “buy” rating in a research report on Thursday, March 8th. Finally, ValuEngine raised shares of ViewPoint Financial Group from a “hold” rating to a “buy” rating in a research report on Friday, April 6th. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and five have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus price target of $48.00.

In other news, COO Scott A. Almy sold 1,558 shares of the business’s stock in a transaction dated Thursday, March 1st. The shares were sold at an average price of $42.16, for a total transaction of $65,685.28. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, COO Scott A. Almy sold 5,000 shares of the business’s stock in a transaction dated Monday, February 26th. The stock was sold at an average price of $42.90, for a total transaction of $214,500.00. The disclosure for this sale can be found here. Insiders own 3.20% of the company’s stock.

ViewPoint Financial Group opened at $43.32 on Wednesday, MarketBeat reports. ViewPoint Financial Group has a 52-week low of $43.02 and a 52-week high of $43.47. The company has a current ratio of 1.10, a quick ratio of 1.09 and a debt-to-equity ratio of 0.75. The stock has a market cap of $2.07 billion, a PE ratio of 18.47, a P/E/G ratio of 1.45 and a beta of 1.29.

ViewPoint Financial Group (NASDAQ:LTXB) last posted its quarterly earnings data on Tuesday, April 17th. The financial services provider reported $0.52 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.71 by ($0.19). ViewPoint Financial Group had a return on equity of 11.46% and a net margin of 23.15%. The company had revenue of $91.51 million for the quarter, compared to the consensus estimate of $89.67 million. During the same quarter in the previous year, the firm posted $0.37 EPS. research analysts expect that ViewPoint Financial Group will post 2.95 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which was paid on Monday, May 14th. Stockholders of record on Monday, April 30th were issued a dividend of $0.16 per share. The ex-dividend date of this dividend was Friday, April 27th. This represents a $0.64 annualized dividend and a dividend yield of 1.48%. ViewPoint Financial Group’s payout ratio is 29.36%.

ViewPoint Financial Group Profile

LegacyTexas Financial Group, Inc operates as the holding company for LegacyTexas Bank that provides various banking products and services in the United States. Its deposit products include interest-bearing and non-interest-bearing demand accounts, savings, money market, certificates of deposit, and individual retirement accounts.

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