County Bancorp, Inc. (NASDAQ:ICBK) CFO Glen L. Stiteley bought 1,260 shares of the stock in a transaction dated Tuesday, October 24th. The shares were purchased at an average cost of $30.00 per share, for a total transaction of $37,800.00. Following the completion of the purchase, the chief financial officer now owns 3,094 shares in the company, valued at $92,820. The transaction was disclosed in a legal filing with the SEC, which is available through this link.
Shares of County Bancorp, Inc. (NASDAQ:ICBK) traded up $0.25 during trading hours on Friday, reaching $29.20. 6,100 shares of the company traded hands, compared to its average volume of 10,654. The company has a debt-to-equity ratio of 1.16, a current ratio of 1.11 and a quick ratio of 1.10. The firm has a market cap of $193.19, a price-to-earnings ratio of 17.13 and a beta of 0.50. County Bancorp, Inc. has a 12-month low of $20.75 and a 12-month high of $35.89.
County Bancorp (NASDAQ:ICBK) last posted its quarterly earnings data on Friday, October 20th. The financial services provider reported $0.52 EPS for the quarter, beating analysts’ consensus estimates of $0.44 by $0.08. County Bancorp had a net margin of 19.27% and a return on equity of 9.35%. The company had revenue of $12.05 million for the quarter, compared to analyst estimates of $11.97 million. research analysts anticipate that County Bancorp, Inc. will post 1.62 EPS for the current fiscal year.
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ICBK has been the subject of a number of recent research reports. Zacks Investment Research downgraded shares of County Bancorp from a “hold” rating to a “sell” rating in a report on Monday, July 24th. Maxim Group restated a “buy” rating and set a $33.00 price target on shares of County Bancorp in a report on Monday, October 23rd.
Institutional investors have recently modified their holdings of the company. TIAA CREF Investment Management LLC boosted its holdings in County Bancorp by 1.3% during the second quarter. TIAA CREF Investment Management LLC now owns 14,053 shares of the financial services provider’s stock worth $337,000 after buying an additional 180 shares in the last quarter. Bank of New York Mellon Corp lifted its holdings in shares of County Bancorp by 3.2% in the first quarter. Bank of New York Mellon Corp now owns 14,496 shares of the financial services provider’s stock valued at $421,000 after purchasing an additional 449 shares in the last quarter. Teachers Advisors LLC raised its position in shares of County Bancorp by 15.4% in the second quarter. Teachers Advisors LLC now owns 9,038 shares of the financial services provider’s stock valued at $217,000 after buying an additional 1,205 shares during the last quarter. The Manufacturers Life Insurance Company raised its position in shares of County Bancorp by 0.5% in the second quarter. The Manufacturers Life Insurance Company now owns 283,262 shares of the financial services provider’s stock valued at $6,798,000 after buying an additional 1,342 shares during the last quarter. Finally, Wells Fargo & Company MN raised its position in shares of County Bancorp by 73.3% in the third quarter. Wells Fargo & Company MN now owns 4,948 shares of the financial services provider’s stock valued at $149,000 after buying an additional 2,093 shares during the last quarter. Institutional investors and hedge funds own 25.19% of the company’s stock.
About County Bancorp
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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