LSV Asset Management Sells 24,849 Shares of First cyberspace Bancorp (NASDAQ:INBK) – Information Today Online

LSV Asset Management impaired its function in shares of First cyberspace Bancorp (NASDAQ:INBK – Free Report) by 39.3% during the 1st quarter, according to its most past Form 13F filing with the Securities & Exchange Commission. The concern owned 38,400 shares of the bank’s hit after commerce 24,849 shares during the quarter. LSV Asset Management owned most 0.44% of First cyberspace Bancorp worth $1,334,000 at the modify of the most past quarter.

Several another super investors hit also prefabricated changes to their positions in the company. Sapient Capital LLC acquired a newborn function in First cyberspace Bancorp in the ordinal lodge valued at most $3,495,000. Acuitas Investments LLC acquired a newborn function in First cyberspace Bancorp in the ordinal lodge valued at most $1,940,000. Citigroup Inc. raised its wager in First cyberspace Bancorp by 101,984.6% in the ordinal quarter. Citigroup Inc. today owns 26,542 shares of the bank’s hit valued at $430,000 after purchase an added 26,516 shares during the period. Quadrature Capital Ltd raised its wager in First cyberspace Bancorp by 33.0% in the ordinal quarter. Quadrature Capital Ltd today owns 47,209 shares of the bank’s hit valued at $1,142,000 after purchase an added 11,707 shares during the period. Finally, Public Employees Retirement System of river raised its wager in First cyberspace Bancorp by 27.5% in the ordinal quarter. Public Employees Retirement System of river today owns 12,018 shares of the bank’s hit valued at $195,000 after purchase an added 2,592 shares during the period. Institutional investors and inclose assets possess 65.46% of the company’s stock.

First cyberspace Bancorp Trading Up 2.6 %

NASDAQ INBK unsealed at $31.21 on Monday. The consort has a debt-to-equity ratio of 1.85, a underway ratio of 1.02 and a hurried ratio of 1.02. The concern has a mart container of $270.28 million, a P/E ratio of 16.43 and a beta of 0.68. First cyberspace Bancorp has a digit assemblage baritone of $14.11 and a digit assemblage broad of $35.72. The stock’s 50-day agitated cipher is $29.00 and its 200-day agitated cipher is $29.96.

First cyberspace Bancorp (NASDAQ:INBK – Get Free Report) terminal posted its quarterly earnings accumulation on Wednesday, Apr 24th. The slope reportable $0.59 earnings per deal (EPS) for the quarter, superior analysts’ consensus estimates of $0.55 by $0.04. The playing had income of $29.08 meg during the quarter, compared to the consensus judge of $28.60 million. First cyberspace Bancorp had a convey on justness of 4.64% and a gain edge of 5.84%. Sell-side analysts look that First cyberspace Bancorp module place 3.1 earnings per deal for the underway playing year.

First cyberspace Bancorp Announces Dividend

The consort also fresh unconcealed a quarterly dividend, which module be paying on Monday, July 15th. Investors of achievement on Friday, June 28th module be issued a dividend of $0.06 per share. The ex-dividend fellow of this dividend is Friday, June 28th. This represents a $0.24 dividend on an annualized foundation and a dividend consent of 0.77%. First cyberspace Bancorp’s payout ratio is presently 12.63%.

Wall Street Analyst Weigh In

Several investigate firms hit weighed in on INBK. Piper Sandler revilement their direct toll on First cyberspace Bancorp from $35.00 to $34.00 and ordered a “neutral” judgement on the hit in a investigate state on Monday, Apr 29th. Keefe, Bruyette & Woods reaffirmed a “market perform” judgement and ordered a $36.00 toll direct (up previously from $34.00) on shares of First cyberspace Bancorp in a investigate inform on Friday, Apr 26th. Finally, Hovde Group dropped their toll direct on First cyberspace Bancorp from $38.50 to $38.00 and ordered an “outperform” judgement on the hit in a investigate inform on Friday, Apr 26th. Three analysts hit rated the hit with a stop judgement and digit hit presented a acquire judgement to the company’s stock. According to MarketBeat.com, First cyberspace Bancorp presently has an cipher judgement of “Hold” and a consensus direct toll of $35.75.

View Our Latest Stock Analysis on INBK

About First cyberspace Bancorp

(Free Report)

First cyberspace Bancorp operates as the slope retentive consort for First cyberspace Bank of Indiana that provides commercial, diminutive business, consumer, and municipal banking products and services to individuals and advertizement customers in the United States. The consort accepts non-interest direction and interest-bearing obligation deposit, advertizement deposit, savings, money market, and Banking-as-a-Service brokered installation accounts, as substantially as certificates of deposit.

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