DA Davidson initiated coverage on shares of County Bancorp (NASDAQ:ICBK) in a report published on Friday morning. The brokerage issued a neutral rating and a $31.00 price objective on the financial services provider’s stock.

Several other equities analysts also recently issued reports on ICBK. Maxim Group restated a buy rating and set a $33.00 price objective on shares of County Bancorp in a report on Monday, October 23rd. Zacks Investment Research upgraded shares of County Bancorp from a hold rating to a buy rating and set a $33.00 price objective on the stock in a report on Monday, October 23rd. ValuEngine downgraded shares of County Bancorp from a buy rating to a hold rating in a report on Friday, December 1st. TheStreet upgraded shares of County Bancorp from a c rating to a b- rating in a report on Tuesday, January 16th. Finally, Hovde Group started coverage on shares of County Bancorp in a report on Tuesday, January 23rd. They set a market perform rating and a $34.00 price objective on the stock. Four equities research analysts have rated the stock with a hold rating, one has given a buy rating and one has assigned a strong buy rating to the company’s stock. The company currently has a consensus rating of Buy and a consensus target price of $33.00.

Shares of County Bancorp (ICBK) opened at $27.95 on Friday. The company has a market cap of $186.52, a PE ratio of 18.76 and a beta of 0.35. County Bancorp has a 1 year low of $22.73 and a 1 year high of $35.89. The company has a current ratio of 1.11, a quick ratio of 1.11 and a debt-to-equity ratio of 1.09.

County Bancorp (NASDAQ:ICBK) last released its quarterly earnings results on Friday, January 19th. The financial services provider reported $0.45 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.47 by ($0.02). County Bancorp had a net margin of 19.80% and a return on equity of 8.10%. The firm had revenue of $12.16 million for the quarter, compared to analysts’ expectations of $11.97 million. equities research analysts predict that County Bancorp will post 2.21 EPS for the current year.

In related news, CFO Glen L. Stiteley acquired 1,615 shares of the business’s stock in a transaction dated Wednesday, January 24th. The shares were purchased at an average price of $30.84 per share, for a total transaction of $49,806.60. Following the completion of the acquisition, the chief financial officer now directly owns 5,109 shares in the company, valued at approximately $157,561.56. The transaction was disclosed in a document filed with the SEC, which is available through this link. Corporate insiders own 26.30% of the company’s stock.

Several institutional investors and hedge funds have recently bought and sold shares of ICBK. SG Americas Securities LLC acquired a new position in County Bancorp in the 3rd quarter worth approximately $141,000. Wells Fargo & Company MN increased its holdings in County Bancorp by 73.3% in the 3rd quarter. Wells Fargo & Company MN now owns 4,948 shares of the financial services provider’s stock worth $149,000 after buying an additional 2,093 shares during the period. Schwab Charles Investment Management Inc. acquired a new position in County Bancorp in the 3rd quarter worth approximately $226,000. WoodTrust Financial Corp acquired a new position in County Bancorp in the 4th quarter worth approximately $238,000. Finally, Dimensional Fund Advisors LP acquired a new position in County Bancorp in the 3rd quarter worth approximately $268,000. Hedge funds and other institutional investors own 27.42% of the company’s stock.

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About County Bancorp

County Bancorp, Inc is a bank holding company. The Company’s primary activities consist of holding the stock of its subsidiary bank, Investors Community Bank (the Bank), and providing banking and related business activities through the Bank and its other subsidiaries. It operates in the community banking segment.

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