Rhumbline Advisers increased its stake in shares of LegacyTexas Financial Group Inc (NASDAQ:LTXB) by 1.9% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 110,617 shares of the financial services provider’s stock after buying an additional 2,062 shares during the quarter. Rhumbline Advisers owned 0.23% of LegacyTexas Financial Group worth $4,712,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Aperio Group LLC raised its position in LegacyTexas Financial Group by 19.7% in the 2nd quarter. Aperio Group LLC now owns 7,360 shares of the financial services provider’s stock valued at $287,000 after purchasing an additional 1,211 shares during the last quarter. JPMorgan Chase & Co. raised its position in LegacyTexas Financial Group by 4.4% in the 3rd quarter. JPMorgan Chase & Co. now owns 33,970 shares of the financial services provider’s stock valued at $1,447,000 after purchasing an additional 1,433 shares during the last quarter. IMA Wealth Inc. raised its position in LegacyTexas Financial Group by 3.9% in the 3rd quarter. IMA Wealth Inc. now owns 57,615 shares of the financial services provider’s stock valued at $2,454,000 after purchasing an additional 2,176 shares during the last quarter. Prudential Financial Inc. raised its position in LegacyTexas Financial Group by 4.3% in the 3rd quarter. Prudential Financial Inc. now owns 75,632 shares of the financial services provider’s stock valued at $3,222,000 after purchasing an additional 3,150 shares during the last quarter. Finally, Arizona State Retirement System raised its position in LegacyTexas Financial Group by 5.4% in the 3rd quarter. Arizona State Retirement System now owns 65,237 shares of the financial services provider’s stock valued at $2,779,000 after purchasing an additional 3,365 shares during the last quarter. Institutional investors and hedge funds own 87.02% of the company’s stock.

NASDAQ LTXB opened at $36.07 on Friday. The firm has a market capitalization of $1.75 billion, a PE ratio of 16.55, a PEG ratio of 1.27 and a beta of 1.36. LegacyTexas Financial Group Inc has a 52 week low of $34.68 and a 52 week high of $47.18. The company has a quick ratio of 1.15, a current ratio of 1.15 and a debt-to-equity ratio of 1.03.

LegacyTexas Financial Group (NASDAQ:LTXB) last released its earnings results on Tuesday, October 16th. The financial services provider reported $0.92 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.83 by $0.09. The company had revenue of $98.89 million during the quarter, compared to analysts’ expectations of $97.73 million. LegacyTexas Financial Group had a return on equity of 12.44% and a net margin of 24.77%. During the same period last year, the firm earned $0.61 EPS. As a group, equities research analysts expect that LegacyTexas Financial Group Inc will post 2.83 EPS for the current year.

The company also recently announced a quarterly dividend, which was paid on Friday, November 9th. Stockholders of record on Monday, October 29th were paid a $0.22 dividend. This is a boost from LegacyTexas Financial Group’s previous quarterly dividend of $0.16. This represents a $0.88 annualized dividend and a dividend yield of 2.44%. The ex-dividend date of this dividend was Friday, October 26th. LegacyTexas Financial Group’s dividend payout ratio (DPR) is 40.37%.

In other news, Director George A. Fisk sold 4,000 shares of LegacyTexas Financial Group stock in a transaction on Wednesday, November 28th. The stock was sold at an average price of $39.00, for a total value of $156,000.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 3.10% of the stock is currently owned by company insiders.

Several equities analysts have issued reports on the company. BidaskClub downgraded LegacyTexas Financial Group from a “hold” rating to a “sell” rating in a research report on Friday. Stephens reiterated a “buy” rating and issued a $48.00 price objective on shares of LegacyTexas Financial Group in a research report on Wednesday, October 17th. ValuEngine upgraded LegacyTexas Financial Group from a “hold” rating to a “buy” rating in a research report on Wednesday, August 22nd. Finally, Raymond James cut their price objective on LegacyTexas Financial Group from $48.00 to $47.00 and set an “outperform” rating for the company in a research report on Thursday, October 18th. Two investment analysts have rated the stock with a sell rating, four have assigned a hold rating and five have given a buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average price target of $48.93.

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About LegacyTexas Financial Group

LegacyTexas Financial Group, Inc operates as the holding company for LegacyTexas Bank that provides various banking products and services in the United States. Its deposit products include interest-bearing and non-interest-bearing demand accounts, savings, money market, certificates of deposit, and individual retirement accounts.

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Institutional Ownership by Quarter for LegacyTexas Financial Group (NASDAQ:LTXB)

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