Community Bankers Trust (ESXB) Given “Buy” Rating at Brean Capital
Community Bankers Trust (NASDAQ:ESXB)‘s stock had its “buy” rating reiterated by investment analysts at Brean Capital in a report issued on Wednesday.
Several other research analysts also recently commented on the stock. Stephens downgraded shares of Community Bankers Trust from an “overweight” rating to an “equal weight” rating in a research note on Tuesday, October 31st. Keefe, Bruyette & Woods downgraded shares of Community Bankers Trust from an “outperform” rating to a “market perform” rating in a research note on Wednesday, October 4th. Finally, Sandler O’Neill started coverage on shares of Community Bankers Trust in a research note on Wednesday, August 30th. They set a “hold” rating and a $9.00 price target on the stock.
Shares of Community Bankers Trust (NASDAQ:ESXB) opened at $8.30 on Wednesday. Community Bankers Trust has a one year low of $6.30 and a one year high of $9.35.
In other news, insider Rex L. Smith III bought 10,000 shares of the business’s stock in a transaction dated Tuesday, October 31st. The shares were purchased at an average price of $8.80 per share, for a total transaction of $88,000.00. Following the completion of the acquisition, the insider now owns 47,250 shares of the company’s stock, valued at $415,800. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders bought 15,275 shares of company stock worth $132,310 in the last 90 days.
Several institutional investors have recently modified their holdings of ESXB. State Street Corp bought a new position in shares of Community Bankers Trust in the second quarter worth approximately $1,762,000. Northern Trust Corp grew its holdings in shares of Community Bankers Trust by 1,611.0% in the second quarter. Northern Trust Corp now owns 211,515 shares of the financial services provider’s stock worth $1,745,000 after purchasing an additional 199,153 shares during the last quarter. Wells Fargo & Company MN grew its holdings in shares of Community Bankers Trust by 7,036.3% in the third quarter. Wells Fargo & Company MN now owns 119,247 shares of the financial services provider’s stock worth $1,098,000 after purchasing an additional 117,576 shares during the last quarter. TIAA CREF Investment Management LLC bought a new position in shares of Community Bankers Trust in the second quarter worth approximately $528,000. Finally, Bank of New York Mellon Corp bought a new position in shares of Community Bankers Trust in the second quarter worth approximately $503,000.
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About Community Bankers Trust
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.
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