Community Bankers Trust Corp. (NASDAQ:ESXB) was downgraded by research analysts at Keefe, Bruyette & Woods from an “outperform” rating to a “market perform” rating in a research report issued on Wednesday, The Fly reports.

Several other research analysts also recently commented on ESXB. Sandler O’Neill started coverage on Community Bankers Trust Corp. in a report on Wednesday, August 30th. They set a “hold” rating and a $9.00 price objective on the stock. Brean Capital reiterated a “buy” rating on shares of Community Bankers Trust Corp. in a report on Wednesday, August 2nd.

Community Bankers Trust Corp. (NASDAQ ESXB) opened at 9.10 on Wednesday. The company has a market capitalization of $200.54 million and a price-to-earnings ratio of 19.36. The company has a 50 day moving average of $8.64 and a 200 day moving average of $8.29. Community Bankers Trust Corp. has a 52 week low of $5.37 and a 52 week high of $9.25.

Community Bankers Trust Corp. (NASDAQ:ESXB) last announced its quarterly earnings results on Friday, July 28th. The financial services provider reported $0.13 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.11 by $0.02. Community Bankers Trust Corp. had a return on equity of 9.83% and a net margin of 24.12%. The firm had revenue of $12.16 million during the quarter. On average, equities analysts forecast that Community Bankers Trust Corp. will post $0.50 EPS for the current fiscal year.

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Institutional investors have recently modified their holdings of the business. Voya Investment Management LLC purchased a new position in Community Bankers Trust Corp. during the 2nd quarter valued at about $111,000. GSA Capital Partners LLP bought a new stake in shares of Community Bankers Trust Corp. in the 2nd quarter valued at about $125,000. Acadian Asset Management LLC raised its holdings in shares of Community Bankers Trust Corp. by 69.7% in the 2nd quarter. Acadian Asset Management LLC now owns 17,043 shares of the financial services provider’s stock valued at $141,000 after purchasing an additional 7,000 shares in the last quarter. Rhumbline Advisers bought a new stake in shares of Community Bankers Trust Corp. in the 2nd quarter valued at about $184,000. Finally, The Manufacturers Life Insurance Company bought a new stake in shares of Community Bankers Trust Corp. in the 2nd quarter valued at about $195,000.

Community Bankers Trust Corp. Company Profile

Community Bankers Trust Corporation is the holding company for Essex Bank (the Bank). The Bank is engaged in a general commercial banking business and provides a range of financial services to individuals and small businesses, including individual and commercial demand and time deposit accounts, commercial and industrial loans, consumer and small business loans, real estate and mortgage loans, investment services and safe deposit box facilities.

The Fly

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