Separately, Zacks Investment Research cut shares of CB Financial Services from a buy rating to a hold rating in a research report on Monday, October 2nd.
CB Financial Services (CBFV) opened at $30.75 on Friday. CB Financial Services has a 52-week low of $25.10 and a 52-week high of $31.50. The company has a debt-to-equity ratio of 0.26, a quick ratio of 0.94 and a current ratio of 0.94. The stock has a market cap of $126.74, a PE ratio of 16.62, a P/E/G ratio of 1.67 and a beta of 0.13.
A number of institutional investors and hedge funds have recently made changes to their positions in the business. Kennedy Capital Management Inc. grew its holdings in CB Financial Services by 151.8% in the second quarter. Kennedy Capital Management Inc. now owns 64,383 shares of the bank’s stock worth $1,671,000 after purchasing an additional 38,810 shares during the period. Vanguard Group Inc. lifted its stake in shares of CB Financial Services by 1.6% in the second quarter. Vanguard Group Inc. now owns 63,052 shares of the bank’s stock worth $1,645,000 after buying an additional 1,021 shares in the last quarter. Banc Funds Co. LLC lifted its stake in shares of CB Financial Services by 66.3% in the second quarter. Banc Funds Co. LLC now owns 60,536 shares of the bank’s stock worth $1,571,000 after buying an additional 24,135 shares in the last quarter. Janney Capital Management LLC lifted its stake in shares of CB Financial Services by 33.5% in the third quarter. Janney Capital Management LLC now owns 21,933 shares of the bank’s stock worth $637,000 after buying an additional 5,500 shares in the last quarter. Finally, First National Trust Co. lifted its stake in shares of CB Financial Services by 13.7% in the second quarter. First National Trust Co. now owns 15,515 shares of the bank’s stock worth $403,000 after buying an additional 1,865 shares in the last quarter. Institutional investors and hedge funds own 21.30% of the company’s stock.
COPYRIGHT VIOLATION NOTICE: “CB Financial Services’ (CBFV) Hold Rating Reiterated at Keefe, Bruyette & Woods” was originally posted by Community Financial News and is the property of of Community Financial News. If you are reading this article on another website, it was stolen and republished in violation of U.S. and international copyright & trademark law. The legal version of this article can be viewed at https://www.com-unik.info/2017/12/25/cb-financial-services-cbfv-hold-rating-reiterated-at-keefe-bruyette-woods.html.
About CB Financial Services
CB Financial Services, Inc is the bank holding company for Community Bank (the Bank). The Company operates in community banking segment. The Bank offers residential and commercial real estate loans, commercial and industrial loans, and consumer loans, as well as a range of deposit products for individuals and businesses in its market area.
Receive News & Ratings for CB Financial Services Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CB Financial Services and related companies with MarketBeat.com's FREE daily email newsletter.