Endeavour Capital Advisors Inc. bought a new stake in shares of CBTX Inc (NASDAQ:CBTX) in the 4th quarter, according to the company in its most recent filing with the SEC. The fund bought 111,000 shares of the company’s stock, valued at approximately $3,292,000. CBTX comprises approximately 1.3% of Endeavour Capital Advisors Inc.’s portfolio, making the stock its 23rd largest holding. Endeavour Capital Advisors Inc. owned approximately 0.45% of CBTX at the end of the most recent reporting period.
Several other institutional investors have also modified their holdings of CBTX. Schwab Charles Investment Management Inc. bought a new stake in shares of CBTX during the 4th quarter valued at $316,000. Callahan Advisors LLC bought a new stake in shares of CBTX during the 4th quarter valued at $1,734,000. Maltese Capital Management LLC bought a new stake in shares of CBTX during the 4th quarter valued at $2,818,000. Lisanti Capital Growth LLC bought a new stake in shares of CBTX during the 4th quarter valued at $1,132,000. Finally, State of Wisconsin Investment Board bought a new stake in shares of CBTX during the 4th quarter valued at $1,780,000. Institutional investors own 13.02% of the company’s stock.
Several brokerages have commented on CBTX. Sandler O’Neill began coverage on shares of CBTX in a research report on Monday, December 4th. They set a “hold” rating for the company. Stephens began coverage on shares of CBTX in a report on Monday, December 4th. They issued an “overweight” rating for the company. Finally, Keefe, Bruyette & Woods began coverage on shares of CBTX in a report on Monday, December 4th. They issued a “market perform” rating for the company.
CBTX (NASDAQ:CBTX) last announced its quarterly earnings results on Wednesday, January 31st. The company reported $0.24 earnings per share (EPS) for the quarter. The firm had revenue of $31.31 million during the quarter. sell-side analysts forecast that CBTX Inc will post 1.65 EPS for the current fiscal year.
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CBTX, Inc is a bank holding company for Community Bank of Texas, N.A., offering commercial banking solutions to local small and mid-sized businesses and professionals in Houston, Beaumont and surrounding communities in southeast Texas. The Bank operates 18 branches located in the Houston market and its Beaumont market presence includes 15 branches.
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