CVB Financial Corporation (NASDAQ:CVBF) Director Anna Kan acquired 4,660 shares of the firm’s stock in a transaction on Thursday, August 3rd. The shares were bought at an average cost of $21.50 per share, with a total value of $100,190.00. Following the completion of the transaction, the director now directly owns 17,660 shares in the company, valued at approximately $379,690. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

CVB Financial Corporation (NASDAQ:CVBF) traded up 0.32% during mid-day trading on Monday, hitting $21.63. The stock had a trading volume of 90,832 shares. CVB Financial Corporation has a 12-month low of $16.19 and a 12-month high of $24.63. The company has a 50-day moving average of $22.08 and a 200-day moving average of $22.07. The stock has a market cap of $2.38 billion, a price-to-earnings ratio of 21.50 and a beta of 1.51.

CVB Financial Corporation (NASDAQ:CVBF) last issued its quarterly earnings data on Wednesday, July 19th. The financial services provider reported $0.26 earnings per share (EPS) for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.26. The business had revenue of $81.26 million during the quarter, compared to the consensus estimate of $80.10 million. CVB Financial Corporation had a return on equity of 10.67% and a net margin of 35.33%. During the same period in the previous year, the firm posted $0.23 earnings per share. On average, analysts anticipate that CVB Financial Corporation will post $1.06 earnings per share for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, July 20th. Stockholders of record on Thursday, July 6th were given a dividend of $0.14 per share. The ex-dividend date was Monday, July 3rd. This is an increase from CVB Financial Corporation’s previous quarterly dividend of $0.12. This represents a $0.56 annualized dividend and a dividend yield of 2.60%. CVB Financial Corporation’s payout ratio is currently 56.00%.

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A number of analysts have weighed in on the company. Keefe, Bruyette & Woods set a $23.00 price objective on CVB Financial Corporation and gave the stock a “hold” rating in a research report on Tuesday, July 4th. Zacks Investment Research cut CVB Financial Corporation from a “buy” rating to a “hold” rating in a research report on Tuesday, July 4th. BidaskClub raised CVB Financial Corporation from a “sell” rating to a “hold” rating in a research report on Friday, June 30th. Finally, Wedbush reaffirmed a “neutral” rating and set a $22.00 price objective on shares of CVB Financial Corporation in a research report on Tuesday, June 27th. One research analyst has rated the stock with a sell rating and six have given a hold rating to the company’s stock. CVB Financial Corporation presently has a consensus rating of “Hold” and a consensus price target of $21.50.

Institutional investors have recently modified their holdings of the company. Russell Investments Group Ltd. acquired a new position in shares of CVB Financial Corporation during the fourth quarter valued at about $251,000. Guggenheim Capital LLC increased its position in shares of CVB Financial Corporation by 60.7% in the fourth quarter. Guggenheim Capital LLC now owns 26,447 shares of the financial services provider’s stock valued at $606,000 after buying an additional 9,993 shares in the last quarter. Norges Bank acquired a new position in shares of CVB Financial Corporation during the fourth quarter valued at about $15,996,000. Teachers Advisors LLC increased its position in shares of CVB Financial Corporation by 2.3% in the fourth quarter. Teachers Advisors LLC now owns 183,513 shares of the financial services provider’s stock valued at $4,208,000 after buying an additional 4,097 shares in the last quarter. Finally, Bank of Montreal Can increased its position in shares of CVB Financial Corporation by 8.6% in the first quarter. Bank of Montreal Can now owns 8,161 shares of the financial services provider’s stock valued at $180,000 after buying an additional 649 shares in the last quarter. Institutional investors and hedge funds own 67.79% of the company’s stock.

About CVB Financial Corporation

CVB Financial Corp. (CVB) is the bank holding company for Citizens Business Bank (the Bank). The Bank operates through two segments: Business Financial and Commercial Banking Centers (Centers), and Other Operations. The Company’s administrative and other smaller operating departments are combined into the Other segment.

Insider Buying and Selling by Quarter for CVB Financial Corporation (NASDAQ:CVBF)

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