$1.09 EPS Expected for Independent Bank Group, Inc. (IBTX)

April 15, 2018 - By Marie Mckinney

Investors sentiment increased to 1.78 in Q4 2017. Its up 0.38, from 1.4 in 2017Q3. It improved, as 12 investors sold Independent Bank Group, Inc. shares while 28 reduced holdings. 30 funds opened positions while 41 raised stakes. 14.00 million shares or 24.61% more from 11.24 million shares in 2017Q3 were reported.
Penn Davis Mcfarland Inc invested 0.14% of its portfolio in Independent Bank Group, Inc. (NASDAQ:IBTX). Summit Creek Advisors Ltd Limited Liability Company has 2% invested in Independent Bank Group, Inc. (NASDAQ:IBTX) for 157,921 shares. Moreover, Cortina Asset Mgmt Limited Com has 0.38% invested in Independent Bank Group, Inc. (NASDAQ:IBTX) for 126,902 shares. Panagora Asset Mgmt Inc has 0% invested in Independent Bank Group, Inc. (NASDAQ:IBTX). Moreover, Parametric Portfolio Associates Ltd Liability has 0% invested in Independent Bank Group, Inc. (NASDAQ:IBTX) for 10,526 shares. Moreover, Manufacturers Life Ins The has 0% invested in Independent Bank Group, Inc. (NASDAQ:IBTX) for 13,841 shares. Dupont Capital holds 0.01% or 7,965 shares in its portfolio. Principal Grp owns 11,924 shares. Gsa Limited Liability Partnership owns 10,333 shares. Price T Rowe Assocs Md reported 1.28 million shares. Dimensional Fund Advsrs Ltd Partnership, a Texas-based fund reported 798,559 shares. Wells Fargo And Co Mn holds 39,676 shares or 0% of its portfolio. Bnp Paribas Arbitrage owns 10,774 shares. Fifth Third Bank & Trust, Ohio-based fund reported 59 shares. Northern Tru Corporation reported 0% of its portfolio in Independent Bank Group, Inc. (NASDAQ:IBTX).

Since October 13, 2017, it had 1 buy, and 8 sales for $8.25 million activity. $201,170 worth of stock was sold by Jennings John Webb III on Friday, March 16. Cifu Douglas A sold $2.19 million worth of stock or 29,458 shares. $455,204 worth of Independent Bank Group, Inc. (NASDAQ:IBTX) was sold by Brooks Daniel W. The insider Hickox Michelle S bought 30 shares worth $2,100. Shares for $87,195 were sold by White James C on Monday, April 2.

Analysts expect Independent Bank Group, Inc. (NASDAQ:IBTX) to report $1.09 EPS on April, 23.They anticipate $0.25 EPS change or 29.76 % from last quarter’s $0.84 EPS. IBTX’s profit would be $30.90M giving it 16.22 P/E if the $1.09 EPS is correct. After having $0.90 EPS previously, Independent Bank Group, Inc.’s analysts see 21.11 % EPS growth. The stock decreased 2.21% or $1.6 during the last trading session, reaching $70.7. About 165,433 shares traded or 17.01% up from the average. Independent Bank Group, Inc. (NASDAQ:IBTX) has risen 15.68% since April 15, 2017 and is uptrending. It has outperformed by 4.13% the S&P500.

Independent Bank Group, Inc. (NASDAQ:IBTX) Ratings Coverage

Among 6 analysts covering Independent Bank Group (NASDAQ:IBTX), 5 have Buy rating, 0 Sell and 1 Hold. Therefore 83% are positive. Independent Bank Group had 12 analyst reports since November 28, 2017 according to SRatingsIntel. The firm has “Buy” rating by Keefe Bruyette & Woods given on Thursday, December 21. The rating was maintained by Keefe Bruyette & Woods with “Buy” on Monday, February 26. The firm earned “Hold” rating on Monday, January 8 by SunTrust. Sandler O’Neill maintained Independent Bank Group, Inc. (NASDAQ:IBTX) rating on Tuesday, January 30. Sandler O’Neill has “Buy” rating and $82.0 target. The firm has “Buy” rating by Keefe Bruyette & Woods given on Tuesday, January 30. The firm has “Hold” rating given on Wednesday, January 31 by SunTrust. The rating was maintained by Keefe Bruyette & Woods on Wednesday, November 29 with “Buy”. Stephens maintained it with “Buy” rating and $83.0 target in Tuesday, January 30 report. The stock of Independent Bank Group, Inc. (NASDAQ:IBTX) earned “Hold” rating by SunTrust on Tuesday, November 28. As per Thursday, March 15, the company rating was maintained by Stephens.

Independent Bank Group, Inc. operates as the bank holding firm for Independent Bank that provides a range of commercial banking services and products to businesses, professionals, and individuals in the United States. The company has market cap of $2.00 billion. It offers various deposit products, including checking and savings accounts, demand accounts, money market accounts, and certificates of deposit, as well as individual retirement accounts. It has a 23.8 P/E ratio. The firm also provides commercial real estate loans; commercial construction, land, and land development loans; residential real estate loans; single family interim construction loans; commercial loans comprising SBA guaranteed loans, business term loans, equipment financing, and lines of credit and energy related loans; agricultural loans for farmers and ranchers; consumer loans, such as installment loans comprising loans to purchase cars, boats, and other recreational vehicles; and residential mortgages.

Independent Bank Group, Inc. (NASDAQ:IBTX) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: