EPS for Independent Bank Group, Inc. (IBTX) Expected At $1.09; Western Gas Equity Partners, LP (WGP) Had 8 Bulls

April 17, 2018 - By Migdalia James

Western Gas Equity Partners, LP (NYSE:WGP) Logo

Among 19 analysts covering Western Gas Equity Partners (NYSE:WGP), 8 have Buy rating, 0 Sell and 11 Hold. Therefore 42% are positive. Western Gas Equity Partners had 38 analyst reports since August 3, 2015 according to SRatingsIntel. The stock has “Neutral” rating by Bank of America on Tuesday, March 27. The stock of Western Gas Equity Partners, LP (NYSE:WGP) has “Market Perform” rating given on Friday, January 15 by Wells Fargo. The firm earned “Buy” rating on Thursday, August 6 by Zacks. CapitalOne initiated it with “Equalweight” rating and $47 target in Thursday, January 14 report. The firm earned “Hold” rating on Wednesday, January 20 by Wunderlich. The stock has “Buy” rating by UBS on Wednesday, January 3. The firm earned “Outperform” rating on Tuesday, October 13 by Credit Suisse. Morgan Stanley maintained it with “Equal-Weight” rating and $40 target in Thursday, November 2 report. On Monday, February 27 the stock rating was upgraded by Bank of America to “Neutral”. As per Wednesday, January 17, the company rating was downgraded by Barclays Capital. See Western Gas Equity Partners, LP (NYSE:WGP) latest ratings:

09/04/2018 Broker: Seaport Global Old Rating: Buy New Rating: Neutral Old Target: $49 New Target: $32 Downgrade
27/03/2018 Broker: Bank of America Old Rating: Neutral New Rating: Neutral Old Target: $41 New Target: $35 Maintain
27/03/2018 Broker: Citigroup Rating: Buy New Target: $40.0000 Upgrade
07/03/2018 Broker: Barclays Capital Old Rating: Equal-Weight New Rating: Equal-Weight Old Target: $45 New Target: $43 Maintain
29/01/2018 Broker: Scotia Capital Rating: Buy New Target: $49.0 Maintain
17/01/2018 Broker: Barclays Capital Old Rating: Overweight New Rating: Equal-Weight Downgrade
16/01/2018 Broker: RBC Capital Markets Rating: Buy New Target: $47.0 Maintain
05/01/2018 Broker: Credit Suisse Rating: Outperform New Target: $49 Initiates Coverage On
03/01/2018 Broker: UBS Rating: Buy New Target: $44.0 Upgrade
02/11/2017 Broker: Morgan Stanley Rating: Equal-Weight Old Target: $45 New Target: $40 Maintain

Analysts expect Independent Bank Group, Inc. (NASDAQ:IBTX) to report $1.09 EPS on April, 23 after the close.They anticipate $0.25 EPS change or 29.76% from last quarter’s $0.84 EPS. IBTX’s profit would be $30.90 million giving it 16.22 P/E if the $1.09 EPS is correct. After having $0.90 EPS previously, Independent Bank Group, Inc.’s analysts see 21.11% EPS growth. It closed at $70.7 lastly. It is down 15.68% since April 17, 2017 and is uptrending. It has outperformed by 4.13% the S&P500.

Since October 20, 2017, it had 1 insider buy, and 8 insider sales for $8.25 million activity. On Thursday, October 26 Hobart Brian E sold $487,500 worth of Independent Bank Group, Inc. (NASDAQ:IBTX) or 7,500 shares. Cifu Douglas A sold $2.92 million worth of stock. $328,950 worth of Independent Bank Group, Inc. (NASDAQ:IBTX) was sold by Brooks Daniel W. Hickox Michelle S also bought $2,100 worth of Independent Bank Group, Inc. (NASDAQ:IBTX) on Friday, March 2. White James C had sold 1,250 shares worth $87,195 on Monday, April 2. $201,170 worth of stock was sold by Jennings John Webb III on Friday, March 16.

Independent Bank Group, Inc. operates as the bank holding firm for Independent Bank that provides a range of commercial banking services and products to businesses, professionals, and individuals in the United States. The company has market cap of $2.00 billion. It offers various deposit products, including checking and savings accounts, demand accounts, money market accounts, and certificates of deposit, as well as individual retirement accounts. It has a 23.8 P/E ratio. The firm also provides commercial real estate loans; commercial construction, land, and land development loans; residential real estate loans; single family interim construction loans; commercial loans comprising SBA guaranteed loans, business term loans, equipment financing, and lines of credit and energy related loans; agricultural loans for farmers and ranchers; consumer loans, such as installment loans comprising loans to purchase cars, boats, and other recreational vehicles; and residential mortgages.

Among 11 analysts covering Independent Bank Group Inc (NASDAQ:IBTX), 8 have Buy rating, 0 Sell and 3 Hold. Therefore 73% are positive. Independent Bank Group Inc had 36 analyst reports since August 4, 2015 according to SRatingsIntel. The firm has “Outperform” rating given on Wednesday, July 26 by Wood. The firm has “Market Perform” rating by Hovde Group given on Wednesday, November 23. Keefe Bruyette & Woods maintained the stock with “Buy” rating in Wednesday, November 29 report. As per Tuesday, January 30, the company rating was maintained by Sandler O’Neill. SunTrust maintained Independent Bank Group, Inc. (NASDAQ:IBTX) on Wednesday, January 31 with “Hold” rating. The firm has “Buy” rating by TheStreet given on Thursday, August 27. The company was maintained on Tuesday, November 28 by SunTrust. Keefe Bruyette & Woods maintained Independent Bank Group, Inc. (NASDAQ:IBTX) rating on Tuesday, October 3. Keefe Bruyette & Woods has “Buy” rating and $71.0 target. On Thursday, December 21 the stock rating was maintained by Keefe Bruyette & Woods with “Buy”. The firm has “Hold” rating given on Monday, January 8 by SunTrust.

Investors sentiment increased to 1.78 in 2017 Q4. Its up 0.38, from 1.4 in 2017Q3. It increased, as 12 investors sold Independent Bank Group, Inc. shares while 28 reduced holdings. 30 funds opened positions while 41 raised stakes. 14.00 million shares or 24.61% more from 11.24 million shares in 2017Q3 were reported. Alliancebernstein L P holds 710,307 shares. Emerald Mutual Fund Advisers Trust reported 0.04% stake. Amer Intll reported 11,896 shares. Banc Funds Lc owns 46,000 shares or 0.14% of their US portfolio. Tower Rech Capital Lc (Trc) holds 0.01% or 789 shares in its portfolio. Alps has invested 0% in Independent Bank Group, Inc. (NASDAQ:IBTX). Alyeska Investment Grp Inc Limited Partnership invested 0.07% in Independent Bank Group, Inc. (NASDAQ:IBTX). Monarch Asset Management Lc holds 110,035 shares. Summit Creek Advsr Lc owns 157,921 shares. Bank & Trust Of America De owns 107,411 shares for 0% of their portfolio. Blackrock reported 1.16M shares or 0% of all its holdings. Great West Life Assurance Company Can has 0% invested in Independent Bank Group, Inc. (NASDAQ:IBTX) for 1,232 shares. Morgan Stanley stated it has 0.01% in Independent Bank Group, Inc. (NASDAQ:IBTX). Navellier & Inc stated it has 0.04% of its portfolio in Independent Bank Group, Inc. (NASDAQ:IBTX). Tiaa Cref Inv Limited Liability Corporation has invested 0% of its portfolio in Independent Bank Group, Inc. (NASDAQ:IBTX).

The stock increased 4.77% or $1.55 during the last trading session, reaching $34.06. About 166,691 shares traded. Western Gas Equity Partners, LP (NYSE:WGP) has declined 26.12% since April 17, 2017 and is downtrending. It has underperformed by 37.67% the S&P500.

Investors sentiment decreased to 0.71 in Q4 2017. Its down 0.52, from 1.23 in 2017Q3. It turned negative, as 17 investors sold Western Gas Equity Partners, LP shares while 38 reduced holdings. 16 funds opened positions while 23 raised stakes. 37.73 million shares or 4.16% less from 39.37 million shares in 2017Q3 were reported. Walleye Trading Limited Liability Company stated it has 19,019 shares. Bokf Na reported 5,575 shares. Deutsche Bank Ag reported 0% of its portfolio in Western Gas Equity Partners, LP (NYSE:WGP). Massachusetts Fincl Services Ma has invested 0.02% in Western Gas Equity Partners, LP (NYSE:WGP). State Of New Jersey Common Pension Fund D stated it has 69,900 shares or 0.01% of all its holdings. Hite Hedge Asset Ltd, a Massachusetts-based fund reported 310,749 shares. Royal Fincl Bank Of Canada reported 7,243 shares stake. Hall Laurie J Trustee has 1,000 shares. The New York-based Bnp Paribas Arbitrage has invested 0% in Western Gas Equity Partners, LP (NYSE:WGP). The New York-based Zimmer Prns L P has invested 0.18% in Western Gas Equity Partners, LP (NYSE:WGP). Blackrock Inc accumulated 16,631 shares. Comml Bank Of America Corp De has 0.01% invested in Western Gas Equity Partners, LP (NYSE:WGP). Jpmorgan Chase & has 0% invested in Western Gas Equity Partners, LP (NYSE:WGP). Eagle Advsrs Limited Com holds 0.16% in Western Gas Equity Partners, LP (NYSE:WGP) or 136,030 shares. Salient Lta reported 0.6% of its portfolio in Western Gas Equity Partners, LP (NYSE:WGP).

Independent Bank Group, Inc. (NASDAQ:IBTX) Institutional Positions Chart

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By1 Migdalia James

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