Texas Capital Bancshares (TCBI)

• Market cap: $3.63B
• Sector: Financials
• Industry: State Commercial Banks

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

0% more funds holding in top 10

Funds holding in top 10: 4 [Q1] → 4 (+0) [Q2]

2.76% less ownership

Funds ownership: 101.15% [Q1] → 98.39% (-2.76%) [Q2]

5% less capital invested

Capital invested by funds: $2.94B [Q1] → $2.8B (-$148M) [Q2]

5% less funds holding

Funds holding: 258 [Q1] → 244 (-14) [Q2]

36% less first-time investments, than exits

New positions opened: 25 | Existing positions closed: 39

40% less repeat investments, than reductions

Existing positions increased: 67 | Existing positions reduced: 111

80% less call options, than puts

Call options by funds: $972K | Put options by funds: $4.86M

Research analyst outlook

17 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $60 24% downside
• Avg. target: $74 6% downside
• High target: $85 8% upside

17 analyst ratings

• positive: 4 24%
• neutral: 7 41%
• negative: 6 35%

Wedbush David Chiaverini 69% 1-year accuracy 22 / 32 met price target	8% upside $85	Neutral Maintained	18 Oct 2024
JP Morgan Anthony Elian 33% 1-year accuracy 1 / 3 met price target	2% upside $80	Underweight Maintained	18 Oct 2024
Barclays Jared Shaw 70% 1-year accuracy 28 / 40 met price target	24% downside $60	Underweight Maintained	18 Oct 2024
RBC Capital Jon Arfstrom 86% 1-year accuracy 43 / 50 met price target	6% upside $83	Sector Perform Maintained	18 Oct 2024
JP Morgan Anthony Elian 33% 1-year accuracy 1 / 3 met price target	8% downside $72	Underweight Maintained	9 Oct 2024