County Bancorp Inc. (NASDAQ:ICBK) Director Gary J. Ziegelbauer purchased 5,804 shares of County Bancorp stock in a transaction dated Wednesday, October 26th. The stock was bought at an average price of $19.65 per share, with a total value of $114,048.60. Following the completion of the purchase, the director now directly owns 411,890 shares of the company’s stock, valued at $8,093,638.50. The purchase was disclosed in a legal filing with the SEC, which is available through this link.
Shares of County Bancorp Inc. (NASDAQ:ICBK) opened at 19.67 on Monday. The company’s 50-day moving average is $20.25 and its 200 day moving average is $20.70. The company has a market capitalization of $128.48 million, a price-to-earnings ratio of 12.40 and a beta of 0.36. County Bancorp Inc. has a 12 month low of $18.12 and a 12 month high of $24.20.
County Bancorp (NASDAQ:ICBK) last released its quarterly earnings results on Thursday, October 20th. The financial services provider reported $0.46 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.47 by $0.01. County Bancorp had a net margin of 22.32% and a return on equity of 10.92%. On average, equities research analysts anticipate that County Bancorp Inc. will post $1.60 earnings per share for the current year.
A number of analysts have recently commented on ICBK shares. Stephens upgraded shares of County Bancorp from an “equal weight” rating to an “overweight” rating in a research note on Tuesday, August 2nd. Robert W. Baird boosted their target price on shares of County Bancorp from $25.00 to $26.00 and gave the company an “outperform” rating in a research report on Wednesday, August 24th. Finally, Zacks Investment Research upgraded shares of County Bancorp from a “hold” rating to a “strong-buy” rating and set a $24.00 target price for the company in a research report on Thursday, August 25th.
Hedge funds have recently added to or reduced their stakes in the stock. Royce & Associates LP raised its stake in County Bancorp by 8.2% in the first quarter. Royce & Associates LP now owns 102,500 shares of the financial services provider’s stock valued at $2,058,000 after buying an additional 7,800 shares during the last quarter. Teachers Advisors Inc. purchased a new stake in County Bancorp during the second quarter valued at approximately $162,000. California State Teachers Retirement System purchased a new stake in County Bancorp during the second quarter valued at approximately $208,000. Creative Planning purchased a new stake in County Bancorp during the second quarter valued at approximately $230,000. Finally, Schmidt P J Investment Management Inc. purchased a new stake in County Bancorp during the second quarter valued at approximately $322,000. 25.64% of the stock is owned by institutional investors and hedge funds.
County Bancorp Company Profile