Renaissance Technologies LLC Sells 14,363 Shares of Community Bankers Acquisition Corp. (NASDAQ:ESXB)

Renaissance Technologies LLC lessened its holdings in Community Bankers Acquisition Corp. (NASDAQ:ESXB) by 7.9% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 167,484 shares of the financial services provider’s stock after selling 14,363 shares during the period. Renaissance Technologies LLC owned about 0.76% of Community Bankers Acquisition worth $1,365,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Bank of New York Mellon Corp boosted its position in shares of Community Bankers Acquisition by 16.6% in the third quarter. Bank of New York Mellon Corp now owns 71,059 shares of the financial services provider’s stock worth $654,000 after buying an additional 10,103 shares during the period. Dimensional Fund Advisors LP raised its holdings in shares of Community Bankers Acquisition by 34.7% during the third quarter. Dimensional Fund Advisors LP now owns 90,431 shares of the financial services provider’s stock worth $832,000 after acquiring an additional 23,297 shares in the last quarter. Gator Capital Management LLC purchased a new stake in shares of Community Bankers Acquisition during the fourth quarter worth $755,000. Wells Fargo & Company MN raised its holdings in shares of Community Bankers Acquisition by 7,036.3% during the third quarter. Wells Fargo & Company MN now owns 119,247 shares of the financial services provider’s stock worth $1,098,000 after acquiring an additional 117,576 shares in the last quarter. Finally, Penn Capital Management Co. Inc. raised its holdings in shares of Community Bankers Acquisition by 108.2% during the fourth quarter. Penn Capital Management Co. Inc. now owns 449,836 shares of the financial services provider’s stock worth $3,666,000 after acquiring an additional 233,773 shares in the last quarter.

NASDAQ ESXB opened at $9.00 on Friday. Community Bankers Acquisition Corp. has a fifty-two week low of $8.70 and a fifty-two week high of $8.80.

Community Bankers Acquisition (NASDAQ:ESXB) last posted its earnings results on Thursday, April 26th. The financial services provider reported $0.12 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.14 by ($0.02). Community Bankers Acquisition had a net margin of 23.37% and a return on equity of 9.39%. The company had revenue of $12.55 million for the quarter, compared to the consensus estimate of $12.60 million.

Separately, Brean Capital reiterated a “buy” rating on shares of Community Bankers Acquisition in a report on Thursday, April 5th. Three equities research analysts have rated the stock with a hold rating and one has issued a buy rating to the company. The stock has a consensus rating of “Hold” and an average price target of $9.33.

Community Bankers Acquisition Profile

Community Bankers Trust Corporation operates as the holding company for the Essex Bank that provides financial services primarily to individuals and small businesses. It offers individual and commercial demand and time deposit accounts; and commercial and industrial loans, consumer and small business loans, and real estate and mortgage loans.

Institutional Ownership by Quarter for Community Bankers Acquisition (NASDAQ:ESXB)

Receive News & Ratings for Community Bankers Acquisition Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Community Bankers Acquisition and related companies with MarketBeat.com's FREE daily email newsletter.



Leave a Reply