Tieton Capital Management LLC Has $8.80 Million Stock Position in Texas Capital Bancshares, Inc. (NASDAQ:TCBI)

Tieton Capital Management LLC boosted its position in shares of Texas Capital Bancshares, Inc. (NASDAQ:TCBI - Free Report) by 23.0% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 112,580 shares of the bank's stock after acquiring an additional 21,080 shares during the quarter. Texas Capital Bancshares accounts for approximately 3.5% of Tieton Capital Management LLC's investment portfolio, making the stock its 13th biggest holding. Tieton Capital Management LLC owned approximately 0.24% of Texas Capital Bancshares worth $8,804,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in the company. Advantage Alpha Capital Partners LP raised its holdings in shares of Texas Capital Bancshares by 13.0% in the 4th quarter. Advantage Alpha Capital Partners LP now owns 8,302 shares of the bank's stock valued at $649,000 after purchasing an additional 956 shares during the period. Vanguard Group Inc. lifted its holdings in Texas Capital Bancshares by 0.4% during the 4th quarter. Vanguard Group Inc. now owns 4,697,274 shares of the bank's stock valued at $367,327,000 after purchasing an additional 20,245 shares during the last quarter. LPL Financial LLC increased its holdings in shares of Texas Capital Bancshares by 4.6% in the fourth quarter. LPL Financial LLC now owns 8,776 shares of the bank's stock valued at $686,000 after purchasing an additional 382 shares during the last quarter. KLP Kapitalforvaltning AS bought a new position in shares of Texas Capital Bancshares in the fourth quarter valued at about $735,000. Finally, Sei Investments Co. lifted its stake in shares of Texas Capital Bancshares by 7.9% during the 4th quarter. Sei Investments Co. now owns 74,367 shares of the bank's stock worth $5,815,000 after buying an additional 5,442 shares during the last quarter. Institutional investors and hedge funds own 96.88% of the company's stock.

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Insider Buying and Selling at Texas Capital Bancshares

In other news, Director Robert W. Stallings acquired 2,006 shares of the firm's stock in a transaction dated Monday, January 27th. The stock was purchased at an average price of $20.99 per share, for a total transaction of $42,105.94. Following the completion of the acquisition, the director now directly owns 182,899 shares in the company, valued at $3,839,050.01. The trade was a 1.11 % increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through this link. Over the last ninety days, insiders purchased 29,402 shares of company stock valued at $653,787. Corporate insiders own 1.72% of the company's stock.

Texas Capital Bancshares Trading Down 2.0 %

Shares of NASDAQ:TCBI traded down $1.52 during midday trading on Friday, reaching $73.79. The company's stock had a trading volume of 432,734 shares, compared to its average volume of 427,244. The firm has a 50 day moving average price of $78.06 and a two-hundred day moving average price of $78.61. Texas Capital Bancshares, Inc. has a fifty-two week low of $54.68 and a fifty-two week high of $91.80. The firm has a market capitalization of $3.40 billion, a price-to-earnings ratio of 57.65, a PEG ratio of 0.75 and a beta of 1.13. The company has a debt-to-equity ratio of 0.22, a quick ratio of 1.00 and a current ratio of 1.00.

Texas Capital Bancshares (NASDAQ:TCBI - Get Free Report) last released its quarterly earnings data on Thursday, January 23rd. The bank reported $1.43 earnings per share for the quarter, beating the consensus estimate of $1.07 by $0.36. Texas Capital Bancshares had a net margin of 3.99% and a return on equity of 9.14%. As a group, analysts forecast that Texas Capital Bancshares, Inc. will post 5.84 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on the company. Keefe, Bruyette & Woods restated an "outperform" rating and set a $95.00 price objective (down previously from $100.00) on shares of Texas Capital Bancshares in a research note on Wednesday, January 29th. DA Davidson decreased their target price on shares of Texas Capital Bancshares from $90.00 to $87.00 and set a "neutral" rating on the stock in a report on Friday, January 24th. StockNews.com upgraded shares of Texas Capital Bancshares from a "sell" rating to a "hold" rating in a research report on Friday, January 31st. JPMorgan Chase & Co. lowered their target price on Texas Capital Bancshares from $81.00 to $80.00 and set an "underweight" rating for the company in a research note on Friday, January 24th. Finally, Hovde Group dropped their target price on shares of Texas Capital Bancshares from $90.00 to $84.00 and set a "market perform" rating for the company in a report on Friday, March 7th. Three research analysts have rated the stock with a sell rating, nine have given a hold rating and four have issued a buy rating to the company. According to MarketBeat, the stock currently has an average rating of "Hold" and an average price target of $79.47.

Texas Capital Bancshares Company Profile

Texas Capital Bancshares, Inc operates as the bank holding company for Texas Capital Bank, is a full-service financial services firm that delivers customized solutions to businesses, entrepreneurs, and individual customers. The company offers commercial banking; consumer banking; investment banking solutions, including capital markets, mergers and acquisitions, and syndicated finance, as well as financial sponsor coverage, capital solutions, and institutional services; and wealth management services, such as investment management, financial planning, lockbox and insurance, securities-based lending, estate planning, and business succession, as well as philanthropic, trustee and executor, custom credit, and depository services.