LegacyTexas Financial Group Inc. (NASDAQ:LTXB)’s share price rose 3.2% on Friday . The company traded as high as $29.13 and last traded at $28.99, with a volume of 209,223 shares traded. The stock had previously closed at $28.10.

Several equities research analysts have recently issued reports on LTXB shares. TheStreet raised shares of LegacyTexas Financial Group from a “hold” rating to a “buy” rating in a research report on Wednesday, May 4th. Zacks Investment Research lowered shares of LegacyTexas Financial Group from a “buy” rating to a “hold” rating in a research report on Wednesday, June 22nd. FBR & Co raised shares of LegacyTexas Financial Group from a “market perform” rating to an “outperform” rating and increased their price objective for the stock from $26.00 to $30.00 in a research report on Wednesday, May 18th. Stephens raised shares of LegacyTexas Financial Group from an “equal weight” rating to an “overweight” rating in a research report on Thursday, April 21st. Finally, Raymond James Financial Inc. raised shares of LegacyTexas Financial Group from an “outperform” rating to a “strong-buy” rating and set a $26.00 price objective for the company in a research report on Wednesday, April 20th. Eight analysts have rated the stock with a buy rating and one has given a strong buy rating to the stock. The company currently has an average rating of “Buy” and an average target price of $29.83.

The stock has a market capitalization of $1.35 billion and a price-to-earnings ratio of 17.66. The firm’s 50 day moving average price is $26.86 and its 200-day moving average price is $22.43.

LegacyTexas Financial Group (NASDAQ:LTXB) last released its earnings results on Tuesday, April 19th. The financial services provider reported $0.43 earnings per share for the quarter, topping the consensus estimate of $0.40 by $0.03. During the same quarter in the previous year, the company earned $0.39 earnings per share. On average, equities research analysts anticipate that LegacyTexas Financial Group Inc. will post $1.82 earnings per share for the current year.

In related news, Director George A. Fisk sold 3,000 shares of the firm’s stock in a transaction that occurred on Tuesday, April 26th. The shares were sold at an average price of $25.00, for a total transaction of $75,000.00. Following the completion of the sale, the director now directly owns 346,841 shares in the company, valued at $8,671,025. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website.

Several hedge funds recently bought and sold shares of LTXB. Hodges Capital Management Inc. boosted its stake in LegacyTexas Financial Group by 5.1% in the fourth quarter. Hodges Capital Management Inc. now owns 1,338,769 shares of the financial services provider’s stock valued at $33,496,000 after buying an additional 65,341 shares in the last quarter. Principal Financial Group Inc. boosted its stake in LegacyTexas Financial Group by 4.6% in the fourth quarter. Principal Financial Group Inc. now owns 288,480 shares of the financial services provider’s stock valued at $7,218,000 after buying an additional 12,817 shares in the last quarter. Columbia Wanger Asset Management LLC boosted its stake in LegacyTexas Financial Group by 8.5% in the fourth quarter. Columbia Wanger Asset Management LLC now owns 993,532 shares of the financial services provider’s stock valued at $24,858,000 after buying an additional 78,001 shares in the last quarter. New York State Common Retirement Fund boosted its stake in LegacyTexas Financial Group by 3.1% in the fourth quarter. New York State Common Retirement Fund now owns 60,129 shares of the financial services provider’s stock valued at $1,504,000 after buying an additional 1,800 shares in the last quarter. Finally, Comerica Bank boosted its stake in LegacyTexas Financial Group by 60.2% in the fourth quarter. Comerica Bank now owns 71,329 shares of the financial services provider’s stock valued at $1,614,000 after buying an additional 26,803 shares in the last quarter.

LegacyTexas Financial Group, Inc, formerly ViewPoint Financial Group Inc, is a stock holding company for its wholly owned subsidiary, LegacyTexas Bank. The Company’s principal business consists of 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 owner-occupied, one- to four-family residences and consumer loans.

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