TIAA CREF Investment Management LLC grew its position in Veritex Holdings, Inc. (NASDAQ:VBTX) by 50.3% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 38,654 shares of the financial services provider’s stock after acquiring an additional 12,930 shares during the period. TIAA CREF Investment Management LLC owned 0.25% of Veritex Holdings worth $1,018,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of VBTX. Wells Fargo & Company MN raised its position in Veritex Holdings by 4.1% in the 2nd quarter. Wells Fargo & Company MN now owns 12,596 shares of the financial services provider’s stock worth $332,000 after purchasing an additional 491 shares during the last quarter. Monarch Partners Asset Management LLC raised its position in Veritex Holdings by 18.1% in the 2nd quarter. Monarch Partners Asset Management LLC now owns 19,750 shares of the financial services provider’s stock worth $520,000 after purchasing an additional 3,030 shares during the last quarter. Rhumbline Advisers raised its position in Veritex Holdings by 66.4% in the 2nd quarter. Rhumbline Advisers now owns 14,807 shares of the financial services provider’s stock worth $390,000 after purchasing an additional 5,911 shares during the last quarter. Schwab Charles Investment Management Inc. raised its position in Veritex Holdings by 37.1% in the 2nd quarter. Schwab Charles Investment Management Inc. now owns 25,500 shares of the financial services provider’s stock worth $672,000 after purchasing an additional 6,900 shares during the last quarter. Finally, Teachers Advisors LLC raised its position in Veritex Holdings by 45.6% in the 2nd quarter. Teachers Advisors LLC now owns 25,647 shares of the financial services provider’s stock worth $675,000 after purchasing an additional 8,031 shares during the last quarter. Institutional investors own 53.13% of the company’s stock.

Shares of Veritex Holdings, Inc. (VBTX) opened at $25.75 on Friday. The company has a market cap of $586.60, a price-to-earnings ratio of 26.49, a price-to-earnings-growth ratio of 2.63 and a beta of 1.62. Veritex Holdings, Inc. has a 1 year low of $18.74 and a 1 year high of $29.43. The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 0.12.

Veritex Holdings (NASDAQ:VBTX) last issued its earnings results on Monday, October 23rd. The financial services provider reported $0.28 EPS for the quarter, missing the consensus estimate of $0.30 by ($0.02). The business had revenue of $21.11 million for the quarter, compared to the consensus estimate of $20.80 million. Veritex Holdings had a net margin of 21.85% and a return on equity of 5.30%. equities research analysts forecast that Veritex Holdings, Inc. will post 0.99 earnings per share for the current fiscal year.

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Several research analysts recently weighed in on the stock. Piper Jaffray Companies restated a “neutral” rating and issued a $29.50 price objective (up previously from $29.00) on shares of Veritex Holdings in a research report on Wednesday, August 9th. Zacks Investment Research upgraded shares of Veritex Holdings from a “sell” rating to a “hold” rating in a research report on Thursday, October 5th. BidaskClub cut shares of Veritex Holdings from a “hold” rating to a “sell” rating in a research report on Monday, July 31st. Finally, Stephens set a $32.00 price objective on shares of Veritex Holdings and gave the stock a “buy” rating in a research report on Tuesday, August 8th. Two equities research analysts have rated the stock with a sell rating, one has issued a hold rating and two have issued a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average price target of $31.83.

In other Veritex Holdings news, insider Ned N. Fleming III sold 55,134 shares of the company’s stock in a transaction on Thursday, August 24th. The shares were sold at an average price of $26.16, for a total transaction of $1,442,305.44. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Ned N. Fleming III sold 19,800 shares of the company’s stock in a transaction on Wednesday, August 23rd. The shares were sold at an average price of $26.12, for a total transaction of $517,176.00. The disclosure for this sale can be found here. Insiders have sold a total of 437,089 shares of company stock valued at $11,510,626 in the last quarter. Corporate insiders own 6.90% of the company’s stock.

Veritex Holdings Profile

Veritex Holdings, Inc is a bank holding company. The Company, through its subsidiary, Veritex Community Bank (the Bank), a Texas state chartered bank, provides relationship-driven commercial banking products and services tailored to meet the needs of small to medium-sized businesses and professionals.

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Institutional Ownership by Quarter for Veritex Holdings (NASDAQ:VBTX)

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