TriState Capital Holdings (NASDAQ:TSC) VP Brian S. Fetterolf bought 900 shares of the company’s stock in a transaction that occurred on Thursday, May 24th. The stock was purchased at an average cost of $25.57 per share, for a total transaction of $23,013.00. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink.
Shares of TriState Capital traded up $0.05, hitting $25.50, during trading on Friday, MarketBeat.com reports. 122,321 shares of the company were exchanged, compared to its average volume of 124,842. The firm has a market capitalization of $737.89 million, a price-to-earnings ratio of 18.99, a price-to-earnings-growth ratio of 1.38 and a beta of 0.38. TriState Capital Holdings has a fifty-two week low of $20.30 and a fifty-two week high of $27.25. The company has a quick ratio of 1.07, a current ratio of 1.07 and a debt-to-equity ratio of 0.76.
TriState Capital (NASDAQ:TSC) last posted its quarterly earnings results on Wednesday, April 18th. The financial services provider reported $0.36 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.35 by $0.01. The firm had revenue of $37.35 million for the quarter, compared to analyst estimates of $37.99 million. TriState Capital had a return on equity of 10.05% and a net margin of 21.12%. analysts anticipate that TriState Capital Holdings will post 1.54 earnings per share for the current year.
TSC has been the topic of a number of recent research reports. Zacks Investment Research lowered TriState Capital from a “hold” rating to a “sell” rating in a research report on Thursday, March 29th. Keefe, Bruyette & Woods reaffirmed a “buy” rating and set a $32.00 price target on shares of TriState Capital in a research report on Tuesday, February 27th. BidaskClub raised TriState Capital from a “sell” rating to a “hold” rating in a research report on Friday, April 13th. Finally, Boenning Scattergood reaffirmed a “hold” rating on shares of TriState Capital in a research report on Friday, January 26th. Four analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. TriState Capital currently has an average rating of “Hold” and an average target price of $29.25.
About TriState Capital
TriState Capital Holdings, Inc operates as the bank holding company for TriState Capital Bank that provides various commercial and private banking services to middle-market businesses and high-net-worth individuals in the United States. The company operates in two segments, Bank and Investment Management.
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