County Bancorp Inc. (NASDAQ:ICBK) declared a quarterly dividend on Thursday, November 17th. Stockholders of record on Friday, December 2nd will be given a dividend of 0.05 per share by the financial services provider on Friday, December 16th. This represents a $0.20 annualized dividend and a dividend yield of 0.87%. The ex-dividend date of this dividend is Wednesday, November 30th.
County Bancorp (NASDAQ:ICBK) opened at 22.83 on Tuesday. The company has a market cap of $149.76 million, a P/E ratio of 14.32 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 has a 52-week low of $18.25 and a 52-week high of $24.20.
County Bancorp (NASDAQ:ICBK) last issued its quarterly earnings results on Thursday, October 20th. The financial services provider reported $0.46 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.47 by $0.01. County Bancorp had a return on equity of 10.56% and a net margin of 19.97%. Analysts expect that County Bancorp will post $1.60 earnings per share for the current year.
A number of brokerages have issued reports on ICBK. Stephens upgraded County Bancorp from an “equal weight” rating to an “overweight” rating in a research report on Tuesday, August 2nd. Robert W. Baird increased their price target on County Bancorp from $25.00 to $26.00 and gave the stock an “outperform” rating in a research report on Wednesday, August 24th. Finally, Zacks Investment Research upgraded County Bancorp from a “hold” rating to a “strong-buy” rating and set a $24.00 price target on the stock in a research report on Thursday, August 25th.
In other news, Director Wayne D. Mueller sold 1,500 shares of the firm’s stock in a transaction that occurred on Tuesday, November 15th. The stock was sold at an average price of $20.89, for a total value of $31,335.00. Following the transaction, the director now owns 128,250 shares in the company, valued at $2,679,142.50. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, President Timothy J. Schneider sold 2,000 shares of the firm’s stock in a transaction that occurred on Monday, November 21st. The shares were sold at an average price of $23.06, for a total value of $46,120.00. Following the completion of the transaction, the president now owns 117,558 shares in the company, valued at approximately $2,710,887.48. The disclosure for this sale can be found here. 30.00% of the stock is owned by insiders.
Institutional investors have recently added to or reduced their stakes in the stock. California State Teachers Retirement System increased its position in 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 valued at $204,000 after buying an additional 100 shares during the period. BlackRock Institutional Trust Company N.A. boosted its stake in County Bancorp by 4.5% in the third quarter. BlackRock Institutional Trust Company N.A. now owns 29,964 shares of the financial services provider’s stock valued at $600,000 after buying an additional 1,278 shares in the last quarter. Northern Trust Corp boosted its stake in County Bancorp by 5.2% in the third quarter. Northern Trust Corp now owns 45,989 shares of the financial services provider’s stock valued at $921,000 after buying an additional 2,270 shares in the last quarter. Emerald Acquisition Ltd. bought a new stake in County Bancorp during the third quarter valued at approximately $109,000. Finally, Teachers Advisors Inc. bought a new stake in County Bancorp during the second quarter valued at approximately $162,000. Institutional investors and hedge funds own 24.39% of the company’s stock.
County Bancorp Company Profile