Atria Investments Inc acquired a brand new place in shares of Veritex Holdings, Inc. (NASDAQ:VBTX – Free Report) within the third quarter, HoldingsChannel.com studies. The fund acquired 8,358 shares of the monetary providers supplier’s inventory, valued at roughly $220,000.
Different hedge funds have additionally just lately added to or lowered their stakes within the firm. Meeder Asset Administration Inc. acquired a brand new stake in shares of Veritex within the second quarter valued at roughly $25,000. CWM LLC boosted its stake in shares of Veritex by 1,302.9% throughout the 2nd quarter. CWM LLC now owns 3,339 shares of the monetary providers supplier’s inventory value $70,000 after buying a further 3,101 shares over the past quarter. Point72 DIFC Ltd grew its holdings in shares of Veritex by 16.5% throughout the second quarter. Point72 DIFC Ltd now owns 5,763 shares of the monetary providers supplier’s inventory value $122,000 after shopping for a further 816 shares within the final quarter. Vontobel Holding Ltd. acquired a brand new place in shares of Veritex within the third quarter valued at roughly $240,000. Lastly, Public Workers Retirement Affiliation of Colorado bought a brand new place in shares of Veritex throughout the second quarter valued at roughly $208,000. 88.31% of the inventory is at the moment owned by hedge funds and different institutional traders.
Insider Shopping for and Promoting
In different Veritex information, CEO C Malcolm Holland III bought 12,777 shares of the corporate’s inventory in a transaction that occurred on Monday, October twenty eighth. The shares had been bought at a mean value of $27.69, for a complete worth of $353,795.13. Following the transaction, the chief government officer now owns 224,132 shares within the firm, valued at roughly $6,206,215.08. This represents a 5.39 % lower of their place. The transaction was disclosed in a submitting with the Securities & Trade Fee, which is out there by way of the SEC web site. Additionally, Director John Sughrue bought 16,820 shares of the enterprise’s inventory in a transaction that occurred on Monday, November eleventh. The shares had been bought at a mean value of $30.25, for a complete worth of $508,805.00. Following the completion of the sale, the director now instantly owns 62,643 shares of the corporate’s inventory, valued at roughly $1,894,950.75. The commerce was a 21.17 % lower of their place. The disclosure for this sale could be discovered right here. Insiders personal 4.60% of the corporate’s inventory.
Veritex Worth Efficiency
Shares of Veritex inventory opened at $30.07 on Friday. Veritex Holdings, Inc. has a 52 week low of $18.08 and a 52 week excessive of $30.86. The corporate has a present ratio of 0.95, a fast ratio of 0.95 and a debt-to-equity ratio of 0.14. The inventory has a market cap of $1.64 billion, a PE ratio of 19.28 and a beta of 1.36. The corporate’s 50-day shifting common value is $27.19 and its two-hundred day shifting common value is $23.86.
Veritex (NASDAQ:VBTX – Get Free Report) final launched its earnings outcomes on Tuesday, October twenty second. The monetary providers supplier reported $0.59 EPS for the quarter, topping analysts’ consensus estimates of $0.55 by $0.04. The enterprise had income of $113.17 million for the quarter, in comparison with the consensus estimate of $110.22 million. Veritex had a web margin of 11.11% and a return on fairness of seven.79%. The enterprise’s income for the quarter was up 3.8% on a year-over-year foundation. Throughout the identical interval within the earlier 12 months, the agency earned $0.60 EPS. As a bunch, sell-side analysts anticipate that Veritex Holdings, Inc. will put up 2.17 EPS for the present fiscal 12 months.
Veritex Publicizes Dividend
The enterprise additionally just lately disclosed a quarterly dividend, which was paid on Friday, November twenty second. Stockholders of file on Friday, November eighth had been paid a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a dividend yield of two.66%. The ex-dividend date of this dividend was Friday, November eighth. Veritex’s dividend payout ratio is presently 51.28%.
Wall Avenue Analysts Forecast Progress
A lot of equities analysis analysts have issued studies on the corporate. Raymond James raised Veritex from a “market carry out” ranking to a “strong-buy” ranking and set a $30.00 value goal for the corporate in a analysis report on Tuesday, September seventeenth. DA Davidson elevated their value goal on shares of Veritex from $30.00 to $33.00 and gave the inventory a “purchase” ranking in a analysis report on Thursday, October twenty fourth. StockNews.com raised shares of Veritex from a “promote” ranking to a “maintain” ranking in a analysis report on Wednesday, October thirtieth. Piper Sandler boosted their value goal on shares of Veritex from $27.00 to $30.00 and gave the corporate an “chubby” ranking in a report on Thursday, October twenty fourth. Lastly, Keefe, Bruyette & Woods lowered Veritex from an “outperform” ranking to a “market carry out” ranking in a analysis report on Thursday, October twenty fourth. Three equities analysis analysts have rated the inventory with a maintain ranking, two have given a purchase ranking and one has assigned a robust purchase ranking to the corporate. Primarily based on information from MarketBeat.com, the inventory has a mean ranking of “Average Purchase” and a consensus value goal of $29.40.
View Our Newest Analysis Report on Veritex
Veritex Firm Profile
Veritex Holdings, Inc operates because the financial institution holding firm for Veritex Group Financial institution that gives numerous business banking services to small and medium-sized companies, and professionals. The corporate accepts deposit merchandise embody demand, financial savings, cash market, and time accounts. Its mortgage merchandise embody business actual property and basic business, mortgage warehouse loans, residential actual property, development and land, farmland, paycheck safety program, 1-4 household residential, agricultural, multi-family residential, and shopper loans, in addition to bought receivables financing.
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