County Bancorp Inc. (ICBK) President Timothy J. Schneider Sells 2,000 Shares
County Bancorp Inc. (NASDAQ:ICBK) President Timothy J. Schneider sold 2,000 shares of the business’s stock in a transaction that occurred on Monday, November 28th. The shares were sold at an average price of $21.91, for a total value of $43,820.00. Following the completion of the sale, the president now owns 115,558 shares of the company’s stock, valued at approximately $2,531,875.78. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.
Shares of County Bancorp Inc. (NASDAQ:ICBK) opened at 22.41 on Wednesday. County Bancorp Inc. has a 1-year low of $18.25 and a 1-year high of $24.20. The stock has a market cap of $147.01 million, a PE ratio of 14.06 and a beta of 0.36. The stock’s 50 day moving average price is $20.92 and its 200 day moving average price is $20.83.
County Bancorp (NASDAQ:ICBK) last issued its quarterly earnings data on Thursday, October 20th. The financial services provider reported $0.46 earnings per share for the quarter, missing analysts’ consensus estimates of $0.47 by $0.01. County Bancorp had a net margin of 19.97% and a return on equity of 10.56%. On average, equities research analysts anticipate that County Bancorp Inc. will post $1.60 EPS for the current fiscal year.
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, December 16th. Shareholders of record on Friday, December 2nd will be paid a dividend of $0.05 per share. The ex-dividend date of this dividend is Wednesday, November 30th. This represents a $0.20 dividend on an annualized basis and a yield of 0.89%. County Bancorp’s dividend payout ratio (DPR) is presently 12.58%.
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Large investors have recently modified their holdings of the stock. Emerald Acquisition Ltd. acquired a new stake in shares of County Bancorp during the third quarter worth $109,000. Acrospire Investment Management LLC raised its stake in shares of County Bancorp by 107.4% in the third quarter. Acrospire Investment Management LLC now owns 5,808 shares of the financial services provider’s stock worth $116,000 after buying an additional 3,008 shares during the period. Teachers Advisors Inc. acquired a new stake in shares of County Bancorp during the second quarter worth $162,000. ClariVest Asset Management LLC acquired a new stake in shares of County Bancorp during the third quarter worth $165,000. Finally, California State Teachers Retirement System raised its stake in shares of County Bancorp by 1.0% in the third quarter. California State Teachers Retirement System now owns 10,185 shares of the financial services provider’s stock worth $204,000 after buying an additional 100 shares during the period. Hedge funds and other institutional investors own 24.39% of the company’s stock.
Several research firms have recently commented on ICBK. Stephens upgraded County Bancorp from an “equal weight” rating to an “overweight” rating in a research note on Tuesday, August 2nd. Zacks Investment Research upgraded County Bancorp from a “hold” rating to a “strong-buy” rating and set a $24.00 price target for the company in a research note on Thursday, August 25th. Finally, Robert W. Baird upped their price target on County Bancorp from $25.00 to $26.00 and gave the stock an “outperform” rating in a research note on Wednesday, August 24th.
County Bancorp Company Profile
County Bancorp, Inc is a bank holding company. The Company’s primary activities consist of holding the stock of its subsidiary bank, Investors Community Bank (the Bank), and providing banking and related business activities through the Bank and its other subsidiaries. It operates in the community banking segment.
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