Insider Selling: Capital Bank Financial Corp. Director Sells 275,000 Shares of Stock (CBF)
Capital Bank Financial Corp. (NYSE:CBF) Director Marc Oken sold 275,000 shares of the stock in a transaction dated Monday, October 21st. The stock was sold at an average price of $21.99, for a total value of $6,047,250.00. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link.
Several analysts have recently commented on the stock. Analysts at Goldman Sachs Group Inc. raised their price target on shares of Capital Bank Financial Corp. from $22.00 to $23.50 in a research note to investors on Monday. They now have a “neutral” rating on the stock. Separately, analysts at FBR Capital Markets raised their price target on shares of Capital Bank Financial Corp. from $22.50 to $25.00 in a research note to investors on Monday. They now have an “outperform” rating on the stock. Finally, analysts at Compass Point downgraded shares of Capital Bank Financial Corp. from a “buy” rating to a “neutral” rating in a research note to investors on Monday. They now have a $24.00 price target on the stock. They noted that the move was a valuation call. Two equities research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. The company presently has an average rating of “Buy” and a consensus price target of $23.21.
Shares of Capital Bank Financial Corp. (NYSE:CBF) traded up 0.27% during mid-day trading on Wednesday, hitting $22.02. 97,240 shares of the company’s stock traded hands. Capital Bank Financial Corp. has a one year low of $15.14 and a one year high of $22.57. The stock’s 50-day moving average is $19.9 and its 200-day moving average is $18.46. The company has a market cap of $1.145 billion and a P/E ratio of 36.00.
Realty Finance Corporation, formerly CBRE Realty Finance, Inc, is a commercial real estate specialty finance company that originates and acquires whole loans, bridge loans, subordinate interests in whole loans (NYSE:CBF), commercial mortgage-backed securities (CMBS) and mezzanine loans, primarily in the United States.
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