Commerce Union Bancshares, Inc. (NASDAQ:CUBN) has earned a consensus broker rating score of 2.00 (Buy) from the two brokers that provide coverage for the company, Zacks Investment Research reports. One research analyst has rated the stock with a hold rating and one has issued a strong buy rating on the company.

Brokers have set a 12 month consensus target price of $25.25 for the company, according to Zacks. Zacks has also given Commerce Union Bancshares an industry rank of 204 out of 265 based on the ratings given to its competitors.

A number of brokerages have commented on CUBN. Keefe, Bruyette & Woods began coverage on Commerce Union Bancshares in a report on Friday, September 29th. They set a “mkt perform” rating and a $24.00 price objective for the company. ValuEngine lowered Commerce Union Bancshares from a “buy” rating to a “hold” rating in a report on Wednesday, September 6th. Finally, Hovde Group began coverage on Commerce Union Bancshares in a report on Wednesday, October 11th. They set an “outperform” rating and a $26.50 price objective for the company.

In other news, Director William Ronald Deberry sold 7,500 shares of the company’s stock in a transaction that occurred on Thursday, November 30th. The stock was sold at an average price of $24.18, for a total value of $181,350.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Corporate insiders own 12.51% of the company’s stock.

Several hedge funds have recently added to or reduced their stakes in the company. Bank of New York Mellon Corp grew its holdings in shares of Commerce Union Bancshares by 16.2% in the third quarter. Bank of New York Mellon Corp now owns 22,852 shares of the bank’s stock valued at $530,000 after acquiring an additional 3,178 shares in the last quarter. Wells Fargo & Company MN grew its holdings in shares of Commerce Union Bancshares by 599.5% in the second quarter. Wells Fargo & Company MN now owns 5,106 shares of the bank’s stock valued at $122,000 after acquiring an additional 4,376 shares in the last quarter. New York State Common Retirement Fund bought a new position in shares of Commerce Union Bancshares in the second quarter valued at approximately $177,000. SG Americas Securities LLC bought a new position in Commerce Union Bancshares during the third quarter valued at $220,000. Finally, Schwab Charles Investment Management Inc. bought a new position in Commerce Union Bancshares during the second quarter valued at $280,000. 27.96% of the stock is owned by institutional investors.

Shares of Commerce Union Bancshares (CUBN) opened at $23.37 on Friday. The company has a market capitalization of $214.73, a P/E ratio of 22.89 and a beta of 0.42. Commerce Union Bancshares has a twelve month low of $19.75 and a twelve month high of $26.20.

Commerce Union Bancshares (NASDAQ:CUBN) last issued its quarterly earnings data on Wednesday, October 25th. The bank reported $0.25 EPS for the quarter, hitting analysts’ consensus estimates of $0.25. The firm had revenue of $11.18 million during the quarter. Commerce Union Bancshares had a return on equity of 7.12% and a net margin of 18.50%.

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Commerce Union Bancshares Company Profile

Commerce Union Bancshares, Inc serves as the bank holding company for Reliant Bank. The Company has two segments: Retail Banking and Residential Mortgage Banking. Retail Banking provides deposit and lending services to consumer and business customers within its primary geographic markets. Its customers are serviced through branch locations, automated teller machines (ATMs), online banking and mobile banking.

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