MYR Group Inc. (MYRG) EPS Estimated At $0.33; Suntrust Banks Upped Texas Capital Bancshares (TCBI) Position

February 19, 2018 - By Migdalia James

Analysts expect MYR Group Inc. (NASDAQ:MYRG) to report $0.33 EPS on March, 8.They anticipate $0.15 EPS change or 31.25% from last quarter’s $0.48 EPS. MYRG’s profit would be $5.43M giving it 25.65 P/E if the $0.33 EPS is correct. After having $0.31 EPS previously, MYR Group Inc.’s analysts see 6.45% EPS growth. The stock decreased 0.09% or $0.03 during the last trading session, reaching $33.86. About 48,822 shares traded. MYR Group Inc. (NASDAQ:MYRG) has risen 24.13% since February 19, 2017 and is uptrending. It has outperformed by 7.43% the S&P500.

Suntrust Banks Inc increased Texas Capital Bancshares Inc (TCBI) stake by 427.17% reported in 2017Q3 SEC filing. Suntrust Banks Inc acquired 19,966 shares as Texas Capital Bancshares Inc (TCBI)’s stock declined 14.28%. The Suntrust Banks Inc holds 24,640 shares with $2.11 million value, up from 4,674 last quarter. Texas Capital Bancshares Inc now has $4.65 billion valuation. The stock increased 0.75% or $0.7 during the last trading session, reaching $93.65. About 409,101 shares traded. Texas Capital Bancshares, Inc. (NASDAQ:TCBI) has risen 65.24% since February 19, 2017 and is uptrending. It has outperformed by 48.54% the S&P500.




Investors sentiment increased to 1.23 in Q3 2017. Its up 0.11, from 1.12 in 2017Q2. It increased, as 16 investors sold MYR Group Inc. shares while 41 reduced holdings. 20 funds opened positions while 50 raised stakes. 13.62 million shares or 2.20% less from 13.93 million shares in 2017Q2 were reported. Third Avenue Ltd Liability Com holds 0.17% or 130,400 shares in its portfolio. First Advsr Limited Partnership holds 0.01% or 95,144 shares. Credit Agricole S A reported 0% in MYR Group Inc. (NASDAQ:MYRG). Principal Financial Group Inc has invested 0% of its portfolio in MYR Group Inc. (NASDAQ:MYRG). Pinebridge Invs L P invested 0.02% of its portfolio in MYR Group Inc. (NASDAQ:MYRG). Ironwood Inv Mngmt Ltd owns 27,479 shares. 215,402 were reported by Northern. Thrivent Fin For Lutherans has invested 0.02% in MYR Group Inc. (NASDAQ:MYRG). Metropolitan Life Ins New York has 10,203 shares. Tygh Cap, Oregon-based fund reported 104,584 shares. Citadel Ltd has 0% invested in MYR Group Inc. (NASDAQ:MYRG). Sei Investments accumulated 8,229 shares or 0% of the stock. D E Shaw & Inc owns 106,757 shares. Us Savings Bank De holds 0% of its portfolio in MYR Group Inc. (NASDAQ:MYRG) for 20,959 shares. State Of Alaska Department Of Revenue stated it has 3,262 shares or 0% of all its holdings.

Among 9 analysts covering MYR Group (NASDAQ:MYRG), 3 have Buy rating, 0 Sell and 6 Hold. Therefore 33% are positive. MYR Group had 25 analyst reports since August 11, 2015 according to SRatingsIntel. Robert W. Baird maintained it with “Buy” rating and $34.0 target in Friday, October 6 report. Avondale downgraded MYR Group Inc. (NASDAQ:MYRG) on Friday, November 18 to “Market Perform” rating. The stock of MYR Group Inc. (NASDAQ:MYRG) has “Neutral” rating given on Friday, August 12 by Robert W. Baird. The stock of MYR Group Inc. (NASDAQ:MYRG) earned “Hold” rating by Stifel Nicolaus on Monday, July 24. The rating was maintained by Robert W. Baird on Tuesday, September 5 with “Buy”. The firm earned “Buy” rating on Friday, August 4 by Canaccord Genuity. The stock of MYR Group Inc. (NASDAQ:MYRG) earned “Hold” rating by Stifel Nicolaus on Wednesday, October 18. Stifel Nicolaus reinitiated the stock with “Hold” rating in Tuesday, January 5 report. The firm earned “Outperform” rating on Friday, May 5 by Robert W. Baird. The firm has “Market Perform” rating by FBR Capital given on Friday, August 18.

MYR Group Inc., through its subsidiaries, provides electrical construction services in the United States and Canada. The company has market cap of $557.40 million. It operates through two divisions, Transmission and Distribution, and Commercial and Industrial. It has a 36.33 P/E ratio. The Transmission and Distribution segment offers a range of services on electric transmission and distribution networks, and substation facilities, including design, engineering, procurement, construction, upgrade, maintenance, and repair services with primary focus on construction, maintenance, and repair to clients in the electric utility and the renewable energy industries.

Suntrust Banks Inc decreased Cooper Cos Inc (NYSE:COO) stake by 4,633 shares to 1,983 valued at $469,000 in 2017Q3. It also reduced Grace W R & Co Del New (NYSE:GRA) stake by 44,000 shares and now owns 65,000 shares. International Business Machs (NYSE:IBM) was reduced too.

Investors sentiment increased to 1.18 in 2017 Q3. Its up 0.05, from 1.13 in 2017Q2. It improved, as 16 investors sold TCBI shares while 78 reduced holdings. 33 funds opened positions while 78 raised stakes. 48.69 million shares or 0.99% less from 49.18 million shares in 2017Q2 were reported. Pinebridge Investments Lp reported 35,452 shares or 0.07% of all its holdings. Citadel Advsrs Lc accumulated 224,735 shares or 0.01% of the stock. 3,150 were accumulated by Prelude Cap Management. Paloma Prns Mngmt invested in 0.01% or 12,064 shares. Los Angeles Capital Mgmt Equity Rech reported 0.01% in Texas Capital Bancshares, Inc. (NASDAQ:TCBI). Whittier accumulated 63 shares or 0% of the stock. Glenmede Trust Co Na reported 205 shares. Victory Capital Management invested in 172,760 shares. 55,328 are held by Legal And General Public Lc. D E Shaw And Inc holds 94,944 shares. Commonwealth Of Pennsylvania Pub School Empls Retrmt System holds 0.01% of its portfolio in Texas Capital Bancshares, Inc. (NASDAQ:TCBI) for 7,236 shares. Monarch Prtnrs Asset Management Lc reported 31,450 shares stake. Putnam Invs Limited Co holds 0% or 21,960 shares in its portfolio. Stifel holds 0.13% of its portfolio in Texas Capital Bancshares, Inc. (NASDAQ:TCBI) for 434,968 shares. 2.20M were reported by Research Global.

Among 21 analysts covering Texas Capital Bancshares Inc. (NASDAQ:TCBI), 8 have Buy rating, 0 Sell and 13 Hold. Therefore 38% are positive. Texas Capital Bancshares Inc. had 73 analyst reports since July 24, 2015 according to SRatingsIntel. The firm earned “Hold” rating on Tuesday, October 3 by Keefe Bruyette & Woods. Piper Jaffray maintained it with “Hold” rating and $86.0 target in Friday, September 1 report. The rating was maintained by Jefferies with “Buy” on Wednesday, January 24. The rating was maintained by Jefferies with “Buy” on Tuesday, October 10. Jefferies maintained Texas Capital Bancshares, Inc. (NASDAQ:TCBI) on Monday, January 8 with “Buy” rating. The stock has “Hold” rating by Deutsche Bank on Wednesday, November 8. The firm has “Neutral” rating given on Wednesday, November 30 by DA Davidson. The firm earned “Neutral” rating on Wednesday, November 30 by Wedbush. SunTrust maintained the stock with “Buy” rating in Monday, January 8 report. Jefferies maintained the shares of TCBI in report on Thursday, December 7 with “Buy” rating.

Since October 20, 2017, it had 2 buys, and 1 sale for $123,060 activity. CARGILL C KEITH bought 2,000 shares worth $181,200. BARTHOLOW PETER B also sold $306,320 worth of Texas Capital Bancshares, Inc. (NASDAQ:TCBI) on Friday, October 20. $2,060 worth of stock was bought by Huntley David S. on Tuesday, January 30.

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