Shares of Texas Capital Bancshares Inc. (NASDAQ:TCBI) were up 1% during trading on Tuesday . The company traded as high as $50.49 and last traded at $50.34, with a volume of 279,736 shares traded. The stock had previously closed at $49.85.

A number of analysts recently commented on TCBI shares. Credit Suisse Group AG lifted their price objective on Texas Capital Bancshares from $51.00 to $56.00 and gave the stock a “neutral” rating in a research report on Monday, March 28th. Evercore ISI dropped their price objective on Texas Capital Bancshares from $56.00 to $42.00 and set a “hold” rating for the company in a research report on Monday, March 28th. FBR & Co dropped their price objective on Texas Capital Bancshares from $67.00 to $58.00 and set a “market perform” rating for the company in a research report on Monday, March 28th. Raymond James Financial Inc. lifted their price target on Texas Capital Bancshares from $67.00 to $74.00 and gave the company a “strong-buy” rating in a report on Monday, March 28th. Finally, SunTrust Banks Inc. lifted their price target on Texas Capital Bancshares from $63.00 to $67.00 and gave the company a “neutral” rating in a report on Monday, March 28th. Fourteen research analysts have rated the stock with a hold rating, five have assigned a buy rating and one has given a strong buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus target price of $52.76.

The company has a market cap of $2.30 billion and a PE ratio of 18.54. The company has a 50-day moving average of $47.73 and a 200-day moving average of $41.50.

In related news, Director Steve Rosenberg sold 982 shares of the company’s stock in a transaction on Friday, April 22nd. The stock was sold at an average price of $45.09, for a total transaction of $44,278.38. Following the transaction, the director now directly owns 44,291 shares of the company’s stock, valued at $1,997,081.19. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

A number of hedge funds and institutional investors have bought and sold shares of the stock. State of Tennessee Treasury Department acquired a new position in Texas Capital Bancshares during the fourth quarter valued at $1,759,000. Dimensional Fund Advisors LP raised its position in Texas Capital Bancshares by 5.2% in the fourth quarter. Dimensional Fund Advisors LP now owns 1,358,660 shares of the company’s stock valued at $67,145,000 after buying an additional 66,701 shares during the last quarter. Hodges Capital Management Inc. raised its position in Texas Capital Bancshares by 14.2% in the fourth quarter. Hodges Capital Management Inc. now owns 378,204 shares of the company’s stock valued at $18,691,000 after buying an additional 46,903 shares during the last quarter. Principal Financial Group Inc. raised its position in Texas Capital Bancshares by 3.7% in the fourth quarter. Principal Financial Group Inc. now owns 308,054 shares of the company’s stock valued at $15,224,000 after buying an additional 11,109 shares during the last quarter. Finally, SECOR Capital Advisors LP acquired a new position in Texas Capital Bancshares during the fourth quarter valued at $1,011,000.

Texas Capital Bancshares, Inc is a bank holding and a financial holding company. The Company is the parent of Texas Capital Bank, National Association (the Bank). It offers a range of loans, deposit accounts and other financial products and services. It offers commercial loans for general corporate purposes, including financing for working capital, internal growth, acquisitions and financing for business insurance premiums; real estate term and construction loans; mortgage finance lending; equipment leasing; treasury management services; wealth management and trust services, and letters of credit.

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