CBTX (CBTX) Earns Hold Rating from Analysts at Sandler O’Neill

Sandler O’Neill started coverage on shares of CBTX (NASDAQ:CBTX) in a report issued on Monday morning. The brokerage issued a hold rating on the stock.

Several other equities research analysts have also recently commented on CBTX. Stephens began coverage on shares of CBTX in a research report on Monday. They set an overweight rating on the stock. Keefe, Bruyette & Woods started coverage on shares of CBTX in a research report on Monday. They set a market perform rating on the stock.

Shares of CBTX (NASDAQ:CBTX) opened at $28.80 on Monday. The company has a debt-to-equity ratio of 0.02, a current ratio of 0.97 and a quick ratio of 0.97. CBTX has a 52-week low of $27.20 and a 52-week high of $29.84.

In other news, Vice Chairman J Pat Parsons acquired 1,387 shares of the stock in a transaction dated Tuesday, November 7th. The shares were bought at an average cost of $26.00 per share, for a total transaction of $36,062.00. The acquisition was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, EVP Tracy Oneil acquired 2,000 shares of the stock in a transaction dated Tuesday, November 7th. The shares were purchased at an average price of $26.00 per share, for a total transaction of $52,000.00. The disclosure for this purchase can be found here. Insiders have bought a total of 9,887 shares of company stock worth $257,062 over the last 90 days.

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About CBTX

CBTX, Inc, formerly CBFH, Inc, is a bank holding company. Through its subsidiary, CommunityBank of Texas N.A., in Houston and Beaumont, Texas, the Bank is focused on providing commercial banking solutions to local small and mid-sized businesses and professionals in its markets. The Bank operates 18 branches located in the Houston market and its Beaumont market presence includes 16 branches.

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