Allscripts Healthcare Solutions, Inc. (MDRX) Reaches $11.52 Formed H&S; Independent Bank Group, Inc. (IBTX) Had 8 Bullish Analysts

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Allscripts Healthcare Solutions, Inc. (MDRX) formed H&S with $10.94 target or 5.00% below today’s $11.52 share price. Allscripts Healthcare Solutions, Inc. (MDRX) has $2.05B valuation. The stock decreased 1.62% or $0.19 during the last trading session, reaching $11.52. About 4.98M shares traded or 134.92% up from the average. Allscripts Healthcare Solutions, Inc. (NASDAQ:MDRX) has declined 6.63% since May 4, 2017 and is downtrending. It has underperformed by 18.18% the S&P500.

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 37 analyst reports since August 4, 2015 according to SRatingsIntel. On Thursday, March 15 the stock rating was maintained by Stephens with “Buy”. The rating was maintained by SunTrust on Monday, January 8 with “Hold”. Stephens maintained the shares of IBTX in report on Wednesday, April 25 with “Buy” rating. The company was maintained on Thursday, December 21 by Keefe Bruyette & Woods. As per Monday, July 24, the company rating was maintained by Stephens. The stock has “Buy” rating by Stephens on Tuesday, January 30. The rating was downgraded by Sandler O’Neill on Friday, October 23 to “Hold”. Sandler O’Neill upgraded the stock to “Buy” rating in Monday, June 26 report. The firm has “Buy” rating given on Friday, September 1 by Piper Jaffray. The company was downgraded on Thursday, August 27 by TheStreet. See Independent Bank Group, Inc. (NASDAQ:IBTX) latest ratings:

25/04/2018 Broker: Stephens Rating: Buy New Target: $82.0000 Maintain
15/03/2018 Broker: Stephens Rating: Buy New Target: $81.0 Maintain
26/02/2018 Broker: Keefe Bruyette & Woods Rating: Buy New Target: $84.0 Maintain
01/02/2018 Broker: Hovde Group Rating: Buy New Target: $81.0 Maintain
31/01/2018 Broker: SunTrust Rating: Hold New Target: $76.0 Maintain
30/01/2018 Broker: Sandler O’Neill Rating: Buy New Target: $82.0 Maintain
30/01/2018 Broker: Stephens Rating: Buy New Target: $83.0 Maintain
30/01/2018 Broker: Keefe Bruyette & Woods Rating: Buy New Target: $83.0 Maintain
08/01/2018 Broker: SunTrust Rating: Hold New Target: $75.0 Maintain
21/12/2017 Broker: Keefe Bruyette & Woods Rating: Buy New Target: $84.0 Maintain

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 $2.04 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 24.26 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.

Investors sentiment increased to 1.78 in Q4 2017. Its up 0.38, from 1.4 in 2017Q3. It is positive, 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. Yorktown Mngmt And Research Company accumulated 5,350 shares. Macquarie Gp Limited holds 0.05% of its portfolio in Independent Bank Group, Inc. (NASDAQ:IBTX) for 380,478 shares. Price T Rowe Assoc Incorporated Md reported 0.01% of its portfolio in Independent Bank Group, Inc. (NASDAQ:IBTX). Citigroup Incorporated invested in 0% or 4,515 shares. Legal & General Public Ltd Com owns 0% invested in Independent Bank Group, Inc. (NASDAQ:IBTX) for 8,762 shares. Bridgeway Capital has invested 0.01% in Independent Bank Group, Inc. (NASDAQ:IBTX). Aqr Cap Mngmt Ltd Liability Corp invested in 0% or 9,529 shares. State Board Of Administration Of Florida Retirement Sys stated it has 0% of its portfolio in Independent Bank Group, Inc. (NASDAQ:IBTX). Hightower Limited owns 12,887 shares. Cap Advisers Ltd Liability Corporation reported 0% in Independent Bank Group, Inc. (NASDAQ:IBTX). Zurcher Kantonalbank (Zurich Cantonalbank) holds 1,288 shares or 0% of its portfolio. 3,789 are owned by California Public Employees Retirement Sys. Penn Davis Mcfarland Incorporated holds 0.14% of its portfolio in Independent Bank Group, Inc. (NASDAQ:IBTX) for 7,014 shares. Alps Inc has invested 0% in Independent Bank Group, Inc. (NASDAQ:IBTX). Envestnet Asset Management has 0% invested in Independent Bank Group, Inc. (NASDAQ:IBTX).

The stock decreased 0.55% or $0.4 during the last trading session, reaching $72.05. About 71,033 shares traded. Independent Bank Group, Inc. (NASDAQ:IBTX) has risen 15.68% since May 4, 2017 and is uptrending. It has outperformed by 4.13% the S&P500.

More notable recent Independent Bank Group, Inc. (NASDAQ:IBTX) news were published by: Bizjournals.com which released: “Independent Bank CEO: Congress’ banking bill would cut oversight costs in half” on May 03, 2018, also Globenewswire.com with their article: “Factors of Influence in 2018, Key Indicators and Opportunity within Independent Bank Group, Eclipse Resources …” published on May 02, 2018, Globenewswire.com published: “Independent Bank Hires Veteran Lender to Support Denver Growth” on April 19, 2018. More interesting news about Independent Bank Group, Inc. (NASDAQ:IBTX) were released by: Globenewswire.com and their article: “Independent Bank Group, Inc. Declares Quarterly Dividend” published on April 25, 2018 as well as Globenewswire.com‘s news article titled: “Independent Bank Group Reports First Quarter Financial Results” with publication date: April 23, 2018.

Since March 1, 2018, it had 1 insider purchase, and 4 insider sales for $5.39 million activity. Cifu Douglas A also sold $2.92M worth of Independent Bank Group, Inc. (NASDAQ:IBTX) shares. Another trade for 2,750 shares valued at $201,170 was sold by Jennings John Webb III. On Friday, March 2 the insider Hickox Michelle S bought $2,100. White James C sold 1,250 shares worth $87,195.

Since December 14, 2017, it had 0 insider buys, and 5 selling transactions for $772,395 activity. Poulton Richard J. sold $202,907 worth of stock. Farley Brian had sold 5,000 shares worth $68,629 on Wednesday, March 14. $215,292 worth of stock was sold by Black Paul on Thursday, December 14.

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