As Psychemedics (PMD) Shares Declined, Tieton Capital Management Has Trimmed Holding; Texas Capital Bancshares (TCBI) Holder Fsi Group Has Lowered Its Stake by $1.42 Million

Texas Capital Bancshares, Inc. (NASDAQ:TCBI) Logo

Fsi Group Llc decreased its stake in Texas Capital Bancshares Inc (TCBI) by 79.48% based on its latest 2018Q3 regulatory filing with the SEC. Fsi Group Llc sold 17,300 shares as the company’s stock declined 38.28% with the market. The hedge fund held 4,466 shares of the finance company at the end of 2018Q3, valued at $369,000, down from 21,766 at the end of the previous reported quarter. Fsi Group Llc who had been investing in Texas Capital Bancshares Inc for a number of months, seems to be less bullish one the $3.01 billion market cap company. The stock increased 0.18% or $0.11 during the last trading session, reaching $59.85. About 412,681 shares traded. Texas Capital Bancshares, Inc. (NASDAQ:TCBI) has declined 38.83% since February 14, 2018 and is downtrending. It has underperformed by 38.83% the S&P500.

Tieton Capital Management Llc decreased its stake in Psychemedics Corp (PMD) by 11.52% based on its latest 2018Q3 regulatory filing with the SEC. Tieton Capital Management Llc sold 32,464 shares as the company’s stock declined 16.52% with the market. The institutional investor held 249,278 shares of the medical specialities company at the end of 2018Q3, valued at $4.69M, down from 281,742 at the end of the previous reported quarter. Tieton Capital Management Llc who had been investing in Psychemedics Corp for a number of months, seems to be less bullish one the $103.54M market cap company. The stock increased 0.86% or $0.16 during the last trading session, reaching $18.8. About 7,018 shares traded. Psychemedics Corporation (NASDAQ:PMD) has declined 24.93% since February 14, 2018 and is downtrending. It has underperformed by 24.93% the S&P500. Some Historical PMD News: 24/04/2018 – Psychemedics 1Q EPS 23c; 22/04/2018 – DJ Psychemedics Corporation, Inst Holders, 1Q 2018 (PMD); 24/04/2018 – Psychemedics Announces 1Q Record Revenues and Dividend Increase of 20%; 02/05/2018 – Psychemedics Corporation Announces New Vice President, Sales and Marketing; 24/04/2018 – PSYCHEMEDICS CORP PMD.O SETS QUARTERLY DIVIDEND OF $0.18/SHR; 07/03/2018 Psychemedics 4Q EPS 42c; 08/05/2018 – James Abely Promoted to VP and General Counsel at Psychemedics Corporation; 14/05/2018 – Kennedy Capital Incorporated Buys 1% Position in Psychemedics

Since September 6, 2018, it had 0 insider buys, and 1 insider sale for $121,611 activity.

Investors sentiment increased to 1.47 in Q3 2018. Its up 0.33, from 1.14 in 2018Q2. It increased, as 0 investors sold PMD shares while 17 reduced holdings. 8 funds opened positions while 17 raised stakes. 2.92 million shares or 3.02% more from 2.84 million shares in 2018Q2 were reported. Tieton Cap Mgmt Llc holds 3.74% or 249,278 shares. Denali Advsr Lc invested 0% of its portfolio in Psychemedics Corporation (NASDAQ:PMD). Fifth Third National Bank owns 300 shares or 0% of their US portfolio. The New York-based Tower Lc (Trc) has invested 0% in Psychemedics Corporation (NASDAQ:PMD). Janney Montgomery Scott Limited Liability Corporation invested in 11,550 shares. Dimensional Fund LP holds 0% or 132,070 shares in its portfolio. Renaissance Tech Limited Liability Corp owns 468,066 shares. Quantum Capital Mngmt has 0.44% invested in Psychemedics Corporation (NASDAQ:PMD). Royal Financial Bank Of Canada has 370 shares for 0% of their portfolio. Geode Capital Mngmt Ltd Liability Corporation has 0% invested in Psychemedics Corporation (NASDAQ:PMD) for 38,881 shares. Deprince Race Zollo Inc stated it has 288,147 shares or 0.12% of all its holdings. Rbf Capital Limited Liability Corp stated it has 0.18% of its portfolio in Psychemedics Corporation (NASDAQ:PMD). Granite Inv Partners Ltd Liability Company owns 25,279 shares. Deutsche National Bank Ag owns 19,243 shares for 0% of their portfolio. Ajo Ltd Partnership invested 0% of its portfolio in Psychemedics Corporation (NASDAQ:PMD).

More notable recent Psychemedics Corporation (NASDAQ:PMD) news were published by: Nasdaq.com which released: “Eoptolink Heads to OFC With 7nm-Based 400G DR4/FR4 Transceivers – Nasdaq” on January 31, 2019, also Globenewswire.com with their article: “Psychemedics Announces 2Q Record Revenues Nasdaq:PMD – GlobeNewswire” published on July 24, 2018, Seekingalpha.com published: “Getting ‘High’ With A Cannabis-Related Investment In Psychemedics – Seeking Alpha” on September 21, 2018. More interesting news about Psychemedics Corporation (NASDAQ:PMD) were released by: Seekingalpha.com and their article: “Psychemedics: Brazil Expansion Story Continues To Play Out – Seeking Alpha” published on October 31, 2016 as well as Nasdaq.com‘s news article titled: “Psychemedics Corporation (PMD) Ex-Dividend Date Scheduled for November 01, 2018 – Nasdaq” with publication date: October 31, 2018.

Since August 24, 2018, it had 2 buys, and 1 sale for $158,309 activity. On Friday, August 24 the insider TURPIN IAN J sold $495,079. CARGILL C KEITH also bought $202,770 worth of Texas Capital Bancshares, Inc. (NASDAQ:TCBI) shares.

More notable recent Texas Capital Bancshares, Inc. (NASDAQ:TCBI) news were published by: Seekingalpha.com which released: “TCBI falls 8.6% after Q3 miss – Seeking Alpha” on October 17, 2018, also Nasdaq.com with their article: “Texas Capital’s (TCBI) Q4 Earnings Miss on Higher Provisions – Nasdaq” published on January 24, 2019, Nasdaq.com published: “After-Hours Earnings Report for October 17, 2018 : CCI, KMI, URI, STLD, SLG, AA, CCK, WTFC, UMPQ, TCBI, RLI, CATY – Nasdaq” on October 17, 2018. More interesting news about Texas Capital Bancshares, Inc. (NASDAQ:TCBI) were released by: Globenewswire.com and their article: “Texas Capital Bancshares, Inc. Announces Retirement of Chief Risk Officer, Appoints Successor – GlobeNewswire” published on August 06, 2018 as well as Globenewswire.com‘s news article titled: “Texas Capital Bancshares, Inc. Announces Date for Q3 2018 Operating Results – GlobeNewswire” with publication date: October 05, 2018.

Fsi Group Llc, which manages about $3.71B and $138.59 million US Long portfolio, upped its stake in Tcf Finl Corp (NYSE:TCB) by 16,857 shares to 125,786 shares, valued at $3.00M in 2018Q3, according to the filing. It also increased its holding in Huntington Bancshares Inc (NASDAQ:HBAN) by 27,835 shares in the quarter, for a total of 597,963 shares, and has risen its stake in Hancock Whitney Corporation (NASDAQ:HBHC).

Among 23 analysts covering Texas Capital Bancshares Inc. (NASDAQ:TCBI), 10 have Buy rating, 0 Sell and 13 Hold. Therefore 43% are positive. Texas Capital Bancshares Inc. had 93 analyst reports since July 24, 2015 according to SRatingsIntel. Wedbush maintained it with “Neutral” rating and $70 target in Wednesday, November 30 report. The stock of Texas Capital Bancshares, Inc. (NASDAQ:TCBI) has “Hold” rating given on Monday, March 5 by Stephens. Piper Jaffray maintained Texas Capital Bancshares, Inc. (NASDAQ:TCBI) on Thursday, January 25 with “Hold” rating. On Wednesday, January 24 the stock rating was maintained by Keefe Bruyette & Woods with “Hold”. Keefe Bruyette & Woods maintained it with “Hold” rating and $100.0 target in Thursday, December 21 report. The rating was maintained by Jefferies on Friday, September 15 with “Buy”. The rating was maintained by Keefe Bruyette & Woods with “Hold” on Wednesday, April 18. Hovde Group downgraded Texas Capital Bancshares, Inc. (NASDAQ:TCBI) on Friday, April 1 to “Underperform” rating. Barclays Capital maintained the shares of TCBI in report on Tuesday, January 2 with “Hold” rating. The stock of Texas Capital Bancshares, Inc. (NASDAQ:TCBI) has “Hold” rating given on Wednesday, November 8 by Deutsche Bank.

Psychemedics Corporation (NASDAQ:PMD) Institutional Positions Chart