Brean Capital Reaffirms Buy Rating for Community Bankers Trust (ESXB)

Community Bankers Trust (NASDAQ:ESXB)‘s stock had its “buy” rating restated by Brean Capital in a research report issued on Monday, February 4th.

ESXB stock traded up $0.10 during trading on Monday, reaching $8.08. The company had a trading volume of 34,462 shares, compared to its average volume of 32,485. Community Bankers Trust has a 52 week low of $6.62 and a 52 week high of $10.05.

Community Bankers Trust (NASDAQ:ESXB) last released its quarterly earnings results on Friday, January 25th. The financial services provider reported $0.15 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.16 by ($0.01). The company had revenue of $13.18 million for the quarter, compared to the consensus estimate of $13.10 million.

A number of hedge funds have recently added to or reduced their stakes in ESXB. Dimensional Fund Advisors LP raised its stake in Community Bankers Trust by 28.4% in the second quarter. Dimensional Fund Advisors LP now owns 292,759 shares of the financial services provider’s stock worth $2,620,000 after buying an additional 64,784 shares in the last quarter. BlackRock Inc. grew its holdings in Community Bankers Trust by 5.3% in the fourth quarter. BlackRock Inc. now owns 1,105,757 shares of the financial services provider’s stock worth $7,985,000 after purchasing an additional 55,653 shares during the period. Context BH Capital Management LP grew its holdings in Community Bankers Trust by 97.6% in the fourth quarter. Context BH Capital Management LP now owns 106,969 shares of the financial services provider’s stock worth $772,000 after purchasing an additional 52,835 shares during the period. BancorpSouth Bank purchased a new stake in Community Bankers Trust in the fourth quarter worth about $354,000. Finally, Northern Trust Corp grew its holdings in Community Bankers Trust by 20.4% in the fourth quarter. Northern Trust Corp now owns 271,555 shares of the financial services provider’s stock worth $1,961,000 after purchasing an additional 45,970 shares during the period.

Community Bankers Trust Company 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.

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