|Day Low/High||71.55 / 73.50|
|52 Wk Low/High||29.78 / 61.83|
In trading on Thursday, shares of Texas Capital Bancshares Inc crossed below their 200 day moving average of $73.66, changing hands as low as $72.40 per share. Texas Capital Bancshares Inc shares are currently trading off about 0.7% on the day.
The FDIC Quarterly Banking Profile for the first quarter continues to show increasing loan exposures to commercial real estate lending including construction and development loans.
Insiders at General Electric, JPMorgan Chase and three other companies have been snapping up shares of their own stock lately.
The FDIC Quarterly Banking Profile for the fourth quarter of 2016 shows increasing exposures to construction and development loans, which are potential problems for these 14 community banks.
The most recent short interest data has been released for the 12/30/2016 settlement date, which shows a 601,308 share increase in total short interest for Texas Capital Bancshares Inc , to 3,329,847, an increase of 22.04% since 12/15/2016. Total short interest is just one way to look at short data; another metric that we here at Dividend Channel find particularly useful is the "days to cover" metric because it considers both the total shares short and the average daily volume of shares traded.
The FDIC has released positive data for community banks, but these 14 banks have rallied too far too fast.
Here are Wednesday's top research calls, including upgrades for Goldman Sachs, Celanese and SBA Communications.
Here are Friday's top research calls, including upgrades for Nvidia and Perrigo, a downgrade for Archer-Daniels and mixed reactions to Disney's most recent earnings results.
TheStreet Quant Ratings provides fair and objective information to help you make educated investing decisions. We rate over 4,300 stocks daily and provide 5-page PDF reports for each stock. These ratings can change daily and today's changes are reflected in the email below. If you are looking to check-up on the stocks you currently own or are looking for new ideas, you can find our full database of password-protected ratings reports in our proprietary ratings screener: http://www.thestreet.com/k/qr/flat/stock-screener.html Upgrades: HNP, QTS, SRLP, TCBI, UA, ZIXI Downgrades: BGSF, BXP, CAT, CIT, NUVA, PCAR, PNR, VLO Initiations: JAX Read on to get TheStreet Quant Ratings' detailed report: