Context BH Capital Management LP reduced its holdings in Community Bankers Trust Corp (NASDAQ:ESXB) by 15.7% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 46,544 shares of the financial services provider’s stock after selling 8,675 shares during the period. Context BH Capital Management LP owned approximately 0.21% of Community Bankers Trust worth $379,000 as of its most recent filing with the Securities & Exchange Commission.
Other hedge funds have also recently added to or reduced their stakes in the company. Schwab Charles Investment Management Inc. bought a new stake in Community Bankers Trust during the 2nd quarter valued at about $307,000. Teachers Advisors LLC bought a new stake in shares of Community Bankers Trust in the 2nd quarter valued at about $318,000. TIAA CREF Investment Management LLC bought a new stake in shares of Community Bankers Trust in the 2nd quarter valued at about $528,000. Northern Trust Corp raised its holdings in shares of Community Bankers Trust by 1,611.0% in the 2nd quarter. Northern Trust Corp now owns 211,515 shares of the financial services provider’s stock valued at $1,745,000 after purchasing an additional 199,153 shares in the last quarter. Finally, Vanguard Group Inc. raised its holdings in shares of Community Bankers Trust by 18.8% in the 2nd quarter. Vanguard Group Inc. now owns 317,338 shares of the financial services provider’s stock valued at $2,618,000 after purchasing an additional 50,152 shares in the last quarter.
ESXB has been the topic of a number of analyst reports. FIG Partners reissued a “market-perform” rating on shares of Community Bankers Trust in a research report on Wednesday, December 20th. Sandler O’Neill set a $9.00 target price on shares of Community Bankers Trust and gave the company a “hold” rating in a research note on Thursday, January 4th. Finally, Brean Capital reiterated a “buy” rating on shares of Community Bankers Trust in a research note on Tuesday, January 2nd. Three research analysts have rated the stock with a hold rating and one has issued a buy rating to the company. Community Bankers Trust has an average rating of “Hold” and an average price target of $9.33.
Shares of Community Bankers Trust stock opened at $8.90 on Thursday. The company has a market cap of $199.63, a PE ratio of 18.16 and a beta of 0.23. Community Bankers Trust Corp has a 12-month low of $6.95 and a 12-month high of $9.35.
Community Bankers Trust (NASDAQ:ESXB) last announced its quarterly earnings data on Tuesday, January 30th. The financial services provider reported $0.13 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.11 by $0.02. The firm had revenue of $12.44 million during the quarter, compared to analyst estimates of $12.30 million. Community Bankers Trust had a net margin of 23.37% and a return on equity of 9.39%.
About Community Bankers Trust
Community Bankers Trust Corporation is the holding company for Essex Bank (the Bank). The Bank is engaged in a general commercial banking business and provides a range of financial services to individuals and small businesses, including individual and commercial demand and time deposit accounts, commercial and industrial loans, consumer and small business loans, real estate and mortgage loans, investment services and safe deposit box facilities.
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