Universal Beteiligungs und Servicegesellschaft mbH Purchases Shares of 10,459 Texas Capital Bancshares, Inc. $TCBI

Universal Beteiligungs und Servicegesellschaft mbH acquired a new stake in Texas Capital Bancshares, Inc. (NASDAQ:TCBI - Free Report) during the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 10,459 shares of the bank's stock, valued at approximately $884,000.Several other large investors also recently modified their holdings of the stock. AQR Capital Management LLC boosted its holdings in shares of Texas Capital Bancshares by 7.1% during the 2nd quarter. AQR Capital Management LLC now owns 1,534,446 shares of the bank's stock worth $121,636,000 after buying an additional 101,675 shares during the period. Azora Capital LP lifted its position in Texas Capital Bancshares by 141.3% during the second quarter. Azora Capital LP now owns 930,014 shares of the bank's stock worth $73,843,000 after acquiring an additional 544,590 shares during the last quarter. Massachusetts Financial Services Co. MA boosted its holdings in shares of Texas Capital Bancshares by 0.4% during the third quarter. Massachusetts Financial Services Co. MA now owns 829,325 shares of the bank's stock worth $70,103,000 after acquiring an additional 3,522 shares during the period. Bank of New York Mellon Corp grew its position in shares of Texas Capital Bancshares by 12.3% in the second quarter. Bank of New York Mellon Corp now owns 657,626 shares of the bank's stock valued at $52,216,000 after purchasing an additional 71,774 shares during the last quarter. Finally, Norges Bank bought a new position in shares of Texas Capital Bancshares during the second quarter worth approximately $45,364,000. 96.88% of the stock is owned by institutional investors. Wall Street Analyst Weigh InTCBI has been the topic of a number of research reports. Weiss Ratings reaffirmed a "buy (b-)" rating on shares of Texas Capital Bancshares in a report on Wednesday. Barclays lifted their price objective on shares of Texas Capital Bancshares from $90.00 to $100.00 and gave the stock an "underweight" rating in a research note on Friday, January 23rd. Citigroup increased their target price on shares of Texas Capital Bancshares from $75.00 to $88.00 and gave the stock a "sell" rating in a research report on Monday, January 26th. Royal Bank Of Canada lifted their price target on shares of Texas Capital Bancshares from $105.00 to $110.00 and gave the company a "sector perform" rating in a research report on Friday, January 23rd. Finally, Piper Sandler boosted their price target on Texas Capital Bancshares from $86.00 to $96.00 and gave the company a "neutral" rating in a research note on Friday, January 23rd. Four research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and three have given a Sell rating to the stock. According to MarketBeat, the company presently has a consensus rating of "Hold" and a consensus price target of $101.17.Read Our Latest Analysis on Texas Capital BancsharesTexas Capital Bancshares Stock PerformanceNASDAQ:TCBI opened at $101.17 on Monday. The firm has a market capitalization of $4.62 billion, a PE ratio of 14.88, a price-to-earnings-growth ratio of 0.49 and a beta of 0.68. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 0.19. Texas Capital Bancshares, Inc. has a twelve month low of $59.37 and a twelve month high of $105.36. The stock's 50-day simple moving average is $94.83 and its 200 day simple moving average is $88.41. Texas Capital Bancshares (NASDAQ:TCBI - Get Free Report) last announced its quarterly earnings results on Thursday, January 22nd. The bank reported $2.08 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.78 by $0.30. The company had revenue of $327.48 million for the quarter, compared to analyst estimates of $324.09 million. Texas Capital Bancshares had a net margin of 16.52% and a return on equity of 10.05%. During the same period in the previous year, the firm posted $1.43 EPS. On average, analysts anticipate that Texas Capital Bancshares, Inc. will post 5.84 EPS for the current fiscal year. Insiders Place Their BetsIn other Texas Capital Bancshares news, Director Robert W. Stallings purchased 2,000 shares of the business's stock in a transaction on Friday, January 23rd. The shares were purchased at an average cost of $20.91 per share, for a total transaction of $41,820.00. Following the acquisition, the director owned 277,913 shares of the company's stock, valued at approximately $5,811,160.83. This represents a 0.72% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Laura L. Whitley bought 500 shares of the stock in a transaction dated Monday, January 26th. The shares were purchased at an average cost of $97.51 per share, for a total transaction of $48,755.00. Following the completion of the transaction, the director directly owned 7,961 shares of the company's stock, valued at $776,277.11. This trade represents a 6.70% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Insiders have purchased 3,000 shares of company stock valued at $139,355 in the last three months. 1.72% of the stock is owned by insiders. Texas Capital Bancshares Company Profile (Free Report)Texas Capital Bancshares, Inc is a bank holding company headquartered in Dallas, Texas, operating through its wholly owned subsidiary, Texas Capital Bank. The company specializes in providing commercial banking services to middle-market companies, entrepreneurs, professional service firms, real estate developers, and not-for-profit organizations. Its broad range of offerings includes commercial lending, treasury and cash management, real estate finance, equipment finance, and energy lending, all designed to address the unique financial needs of businesses navigating growth and market challenges. In addition to its core commercial banking capabilities, Texas Capital Bancshares delivers private banking and wealth management services for business owners and high-net-worth individuals.Featured StoriesFive stocks we like better than Texas Capital BancsharesTrump just signed itALERT: Drop these 5 stocks before the market opens tomorrow!This is the Exact Moment the AI Boom Will EndGOLD ALERTTrump’s Final Shocking Act Begins February 24This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in Texas Capital Bancshares Right Now?Before you consider Texas Capital Bancshares, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. 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