County Bancorp Inc (NASDAQ:ICBK) Director Edson P. Foster sold 800 shares of the stock in a transaction dated Friday, January 26th. The stock was sold at an average price of $29.74, for a total transaction of $23,792.00. Following the completion of the transaction, the director now owns 32,898 shares of the company’s stock, valued at $978,386.52. The sale was disclosed in a document filed with the SEC, which is available through this link.
Shares of County Bancorp Inc (NASDAQ:ICBK) opened at $28.80 on Friday. The firm has a market cap of $192.19 and a PE ratio of 19.33. The company has a debt-to-equity ratio of 1.09, a quick ratio of 1.11 and a current ratio of 1.11. County Bancorp Inc has a 12 month low of $22.73 and a 12 month high of $35.89.
County Bancorp (NASDAQ:ICBK) last released its quarterly earnings data on Friday, January 19th. The financial services provider reported $0.45 earnings per share for the quarter, missing analysts’ consensus estimates of $0.47 by ($0.02). The firm had revenue of $12.16 million for the quarter, compared to the consensus estimate of $11.97 million. County Bancorp had a net margin of 19.80% and a return on equity of 8.10%. equities research analysts predict that County Bancorp Inc will post 2.21 earnings per share for the current year.
Several brokerages recently issued reports on ICBK. Maxim Group reiterated a “buy” rating and issued a $33.00 price target on shares of County Bancorp in a research note on Monday, October 23rd. Zacks Investment Research upgraded shares of County Bancorp from a “hold” rating to a “strong-buy” rating and set a $34.00 price target for the company in a research note on Friday, January 12th. Hovde Group began coverage on shares of County Bancorp in a research note on Tuesday, January 23rd. They issued a “market perform” rating and a $34.00 price target for the company. TheStreet upgraded shares of County Bancorp from a “c” rating to a “b-” rating in a research note on Tuesday, January 16th. Finally, ValuEngine lowered shares of County Bancorp from a “buy” rating to a “hold” rating in a research note on Friday, December 1st. Three research analysts have rated the stock with a hold rating, one has given a buy rating and one has issued a strong buy rating to the stock. The stock currently has an average rating of “Buy” and an average price target of $33.50.
A number of large investors have recently added to or reduced their stakes in ICBK. Royce & Associates LP increased its stake in County Bancorp by 45.9% during the 3rd quarter. Royce & Associates LP now owns 165,595 shares of the financial services provider’s stock valued at $4,976,000 after purchasing an additional 52,100 shares in the last quarter. Vanguard Group Inc. increased its stake in County Bancorp by 9.0% during the 2nd quarter. Vanguard Group Inc. now owns 177,216 shares of the financial services provider’s stock valued at $4,253,000 after purchasing an additional 14,563 shares in the last quarter. Dimensional Fund Advisors LP bought a new stake in County Bancorp during the 3rd quarter valued at about $268,000. WoodTrust Financial Corp bought a new stake in County Bancorp during the 4th quarter valued at about $238,000. Finally, Schwab Charles Investment Management Inc. bought a new stake in County Bancorp during the 3rd quarter valued at about $226,000. Institutional investors and hedge funds own 27.71% of the company’s stock.
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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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