CV Holdings Insider Purchases $45,960 in Stock (CBF)
CV Holdings (NYSE:CBF) Insider Kenneth A. Posner bought 2,000 shares of the stock in a transaction that occurred on Wednesday, July 30th. The stock was purchased at an average price of $22.98 per share, for a total transaction of $45,960.00. Following the acquisition, the insider now directly owns 67,757 shares of the company’s stock, valued at approximately $1,557,056. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.
CBF has been the subject of a number of recent research reports. Analysts at Sandler O’Neill reiterated a “hold” rating on shares of CV Holdings in a research note on Monday. Separately, analysts at Barclays reiterated an “overweight” rating on shares of CV Holdings in a research note on Friday, July 25th. They now have a $27.00 price target on the stock, down previously from $28.00. Finally, analysts at Zacks upgraded shares of CV Holdings from an “underperform” rating to a “neutral” rating in a research note on Monday, June 23rd. They now have a $25.30 price target on the stock. Five research analysts have rated the stock with a hold rating and two have issued a buy rating to the company. CV Holdings has a consensus rating of “Hold” and a consensus target price of $25.38.
Shares of CV Holdings (NYSE:CBF) traded down 1.85% during mid-day trading on Thursday, hitting $22.78. 94,047 shares of the company’s stock traded hands. CV Holdings has a 52 week low of $18.62 and a 52 week high of $26.01. The stock’s 50-day moving average is $23.80 and its 200-day moving average is $23.85. The company has a market cap of $1.132 billion and a P/E ratio of 24.90.
CV Holdings (NYSE:CBF) last posted its quarterly earnings results on Thursday, July 24th. The company reported $0.26 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.25 by $0.01. Analysts expect that CV Holdings will post $1.00 EPS for the current fiscal year.
CV Holdings Inc, formerly Realty Finance Corporation, is real estate investment trust (NYSE:CBF).
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