LegacyTexas Financial Group, Inc. (NASDAQ:LTXB) Director Anthony J. Levecchio sold 6,000 shares of the company’s stock in a transaction dated Wednesday, February 15th. The shares were sold at an average price of $42.49, for a total value of $254,940.00. Following the completion of the transaction, the director now owns 58,730 shares in the company, valued at approximately $2,495,437.70. The sale was disclosed in a filing with the SEC, which is available through the SEC website.

LegacyTexas Financial Group, Inc. (NASDAQ:LTXB) opened at 42.89 on Friday. The stock has a 50 day moving average price of $41.92 and a 200-day moving average price of $36.16. The firm has a market cap of $1.99 billion, a P/E ratio of 20.52 and a beta of 1.12. LegacyTexas Financial Group, Inc. has a one year low of $16.79 and a one year high of $44.20.

LegacyTexas Financial Group (NASDAQ:LTXB) last announced its quarterly earnings data on Tuesday, January 24th. The financial services provider reported $0.54 EPS for the quarter, missing the Zacks’ consensus estimate of $0.57 by $0.03. LegacyTexas Financial Group had a return on equity of 11.18% and a net margin of 26.78%. During the same period last year, the business earned $0.35 earnings per share. Analysts predict that LegacyTexas Financial Group, Inc. will post $2.38 EPS for the current fiscal year.

Insider Buying and Selling by Quarter for LegacyTexas Financial Group (NASDAQ:LTXB)

The company also recently disclosed a quarterly dividend, which will be paid on Friday, February 17th. Investors of record on Monday, February 6th will be given a $0.15 dividend. The ex-dividend date of this dividend is Thursday, February 2nd. This represents a $0.60 dividend on an annualized basis and a yield of 1.40%. LegacyTexas Financial Group’s payout ratio is 28.57%.

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A number of equities analysts have recently weighed in on the company. Zacks Investment Research downgraded LegacyTexas Financial Group from a “buy” rating to a “hold” rating in a report on Wednesday. FBR & Co reiterated a “buy” rating and issued a $46.00 target price on shares of LegacyTexas Financial Group in a report on Thursday, January 26th. Finally, Compass Point downgraded LegacyTexas Financial Group from a “buy” rating to a “neutral” rating in a report on Friday, November 18th. Three equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the company. LegacyTexas Financial Group presently has a consensus rating of “Buy” and a consensus target price of $36.33.

Hedge funds have recently made changes to their positions in the company. Pacad Investment Ltd. purchased a new stake in shares of LegacyTexas Financial Group during the fourth quarter worth approximately $121,000. Quantbot Technologies LP raised its stake in shares of LegacyTexas Financial Group by 76.7% in the third quarter. Quantbot Technologies LP now owns 4,566 shares of the financial services provider’s stock worth $144,000 after buying an additional 1,982 shares during the last quarter. Nisa Investment Advisors LLC purchased a new stake in shares of LegacyTexas Financial Group during the third quarter worth approximately $158,000. A.R.T. Advisors LLC purchased a new stake in shares of LegacyTexas Financial Group during the fourth quarter worth approximately $223,000. Finally, Teacher Retirement System of Texas raised its stake in shares of LegacyTexas Financial Group by 13.7% in the second quarter. Teacher Retirement System of Texas now owns 6,317 shares of the financial services provider’s stock worth $170,000 after buying an additional 763 shares during the last quarter. Hedge funds and other institutional investors own 79.56% of the company’s stock.

LegacyTexas Financial Group Company Profile

LegacyTexas Financial Group, Inc is a bank holding company. LegacyTexas Bank is its wholly owned principal operating subsidiary. The Company is engaged in 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 one- to four-family residences and consumer loans.

5 Day Chart for NASDAQ:LTXB

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