County Bancorp Inc (NASDAQ:ICBK) Director Purchases $83,867.20 in Stock

County Bancorp Inc (NASDAQ:ICBK) Director Patrick J. Roe bought 4,876 shares of the firm’s stock in a transaction dated Thursday, July 18th. The shares were acquired at an average price of $17.20 per share, for a total transaction of $83,867.20. Following the transaction, the director now directly owns 12,157 shares in the company, valued at $209,100.40. The transaction was disclosed in a filing with the SEC, which is available at the SEC website.

Shares of ICBK stock opened at $17.42 on Monday. The company has a fifty day moving average price of $17.43. The company has a quick ratio of 1.04, a current ratio of 1.04 and a debt-to-equity ratio of 0.97. The stock has a market cap of $116.96 million, a price-to-earnings ratio of 8.54, a P/E/G ratio of 1.07 and a beta of 0.68. County Bancorp Inc has a fifty-two week low of $16.24 and a fifty-two week high of $26.50.

County Bancorp (NASDAQ:ICBK) last issued its earnings results on Thursday, July 18th. The financial services provider reported $0.53 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.51 by $0.02. County Bancorp had a return on equity of 9.54% and a net margin of 17.66%. The business had revenue of $13.32 million during the quarter, compared to the consensus estimate of $12.59 million. As a group, equities research analysts predict that County Bancorp Inc will post 2.06 earnings per share for the current year.

Several institutional investors and hedge funds have recently modified their holdings of the business. Banc Funds Co. LLC increased its stake in shares of County Bancorp by 2.1% in the 1st quarter. Banc Funds Co. LLC now owns 295,731 shares of the financial services provider’s stock worth $5,205,000 after acquiring an additional 6,000 shares during the last quarter. BlackRock Inc. increased its position in shares of County Bancorp by 2.5% during the 4th quarter. BlackRock Inc. now owns 244,186 shares of the financial services provider’s stock worth $4,241,000 after purchasing an additional 6,040 shares during the last quarter. Context BH Capital Management LP boosted its holdings in County Bancorp by 11.9% during the 1st quarter. Context BH Capital Management LP now owns 94,454 shares of the financial services provider’s stock valued at $1,662,000 after acquiring an additional 10,038 shares during the period. Dimensional Fund Advisors LP boosted its holdings in County Bancorp by 26.5% during the 4th quarter. Dimensional Fund Advisors LP now owns 52,106 shares of the financial services provider’s stock valued at $905,000 after acquiring an additional 10,927 shares during the period. Finally, Geode Capital Management LLC boosted its holdings in County Bancorp by 5.3% during the 4th quarter. Geode Capital Management LLC now owns 47,347 shares of the financial services provider’s stock valued at $822,000 after acquiring an additional 2,380 shares during the period. 28.30% of the stock is owned by institutional investors and hedge funds.

A number of brokerages have weighed in on ICBK. Maxim Group restated a “hold” rating on shares of Westamerica Bancorporation in a report on Friday. Zacks Investment Research lowered EXACT Sciences from a “hold” rating to a “sell” rating in a report on Tuesday, July 2nd. FIG Partners restated an “outperform” rating on shares of SmartFinancial in a report on Thursday, April 25th. Finally, Sandler O’Neill set a $60.00 price objective on Eagle Bancorp and gave the company a “buy” rating in a report on Monday, April 22nd. Two analysts have rated the stock with a sell rating, two have assigned a hold rating and two have issued a buy rating to the company’s stock. County Bancorp presently has a consensus rating of “Hold” and a consensus price target of $21.20.

About County Bancorp

County Bancorp, Inc operates as the bank holding company for Investors Community Bank that provides a range of consumer and commercial banking services to individuals, businesses, and industries primarily in northeastern and central Wisconsin. The company accepts demand interest bearing and noninterest bearing, money market deposit, NOW, checking, and savings accounts, as well as time deposits.

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