CV Holdings Inc (CBF) Receives Hold Rating from Brean Capital

Brean Capital restated their hold rating on shares of CV Holdings Inc (NYSE:CBF) in a research note published on Monday.

Separately, BidaskClub lowered shares of CV Holdings from a strong-buy rating to a buy rating in a research report on Friday, October 13th. Five research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company’s stock. CV Holdings presently has a consensus rating of Hold and a consensus price target of $42.40.

Shares of CV Holdings (NYSE CBF) traded up $0.72 during trading on Monday, reaching $40.80. The company had a trading volume of 365,333 shares.

CV Holdings (NYSE:CBF) last released its quarterly earnings results on Thursday, October 19th. The company reported $0.50 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.49 by $0.01. The firm had revenue of $100.69 million for the quarter, compared to analysts’ expectations of $99.98 million.

ILLEGAL ACTIVITY NOTICE: “CV Holdings Inc (CBF) Receives Hold Rating from Brean Capital” was first published by Community Financial News and is the property of of Community Financial News. If you are viewing this article on another site, it was illegally stolen and reposted in violation of US & international copyright laws. The legal version of this article can be viewed at https://www.com-unik.info/2017/11/03/cv-holdings-inc-cbf-receives-hold-rating-from-brean-capital.html.

The business also recently disclosed a quarterly dividend, which will be paid on Monday, November 13th. Investors of record on Friday, November 3rd will be given a $0.12 dividend. This represents a $0.48 annualized dividend and a dividend yield of 1.18%. The ex-dividend date of this dividend is Thursday, November 2nd.

In related news, Director Crestview Partners Ii Gp, L.P. sold 2,500,000 shares of the stock in a transaction that occurred on Monday, September 18th. The shares were sold at an average price of $38.00, for a total value of $95,000,000.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

Institutional investors have recently made changes to their positions in the stock. Tudor Investment Corp ET AL purchased a new position in shares of CV Holdings in the 2nd quarter valued at approximately $253,000. Nationwide Fund Advisors raised its position in shares of CV Holdings by 11.4% in the 2nd quarter. Nationwide Fund Advisors now owns 20,118 shares of the company’s stock valued at $766,000 after purchasing an additional 2,052 shares during the last quarter. Teachers Advisors LLC raised its position in shares of CV Holdings by 18.9% in the 2nd quarter. Teachers Advisors LLC now owns 78,840 shares of the company’s stock valued at $3,004,000 after purchasing an additional 12,520 shares during the last quarter. TIAA CREF Investment Management LLC raised its position in shares of CV Holdings by 22.2% in the 1st quarter. TIAA CREF Investment Management LLC now owns 136,542 shares of the company’s stock valued at $5,926,000 after purchasing an additional 24,808 shares during the last quarter. Finally, Geode Capital Management LLC raised its position in shares of CV Holdings by 8.9% in the 1st quarter. Geode Capital Management LLC now owns 252,353 shares of the company’s stock valued at $10,952,000 after purchasing an additional 20,622 shares during the last quarter.

CV Holdings Company Profile

Capital Bank Financial Corp. operates as the bank holding company for Capital Bank Corporation that provides various commercial and consumer banking products and services, and ancillary financial services to individuals and businesses in the southeastern region of the United States. It offers various deposit products, such as non-interest-bearing checking, interest-bearing checking, savings, money market deposit, and individual retirement accounts; and certificates of deposit.

Analyst Recommendations for CV Holdings (NYSE:CBF)

What are top analysts saying about CV Holdings Inc? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for CV Holdings Inc and related companies.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit