CVB Financial (NASDAQ:CVBF) was upgraded by research analysts at BidaskClub from a “sell” rating to a “hold” rating in a research report issued on Saturday.
A number of other equities analysts also recently commented on the stock. Sandler O’Neill restated a “hold” rating and set a $24.00 price objective on shares of CVB Financial in a research report on Thursday, January 4th. Zacks Investment Research upgraded shares of CVB Financial from a “sell” rating to a “buy” rating and set a $26.00 price objective for the company in a research report on Tuesday, January 2nd. Finally, ValuEngine downgraded shares of CVB Financial from a “buy” rating to a “hold” rating in a research report on Tuesday, November 14th. Seven analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus target price of $23.17.
CVB Financial (CVBF) opened at $22.49 on Friday. The company has a market cap of $2,400.00, a price-to-earnings ratio of 21.02, a price-to-earnings-growth ratio of 1.87 and a beta of 1.43. The company has a debt-to-equity ratio of 0.02, a quick ratio of 0.69 and a current ratio of 0.69. CVB Financial has a 12-month low of $19.58 and a 12-month high of $25.49.
Several large investors have recently bought and sold shares of CVBF. Gradient Investments LLC acquired a new position in shares of CVB Financial during the 4th quarter worth $172,000. Virtu Financial LLC acquired a new position in shares of CVB Financial during the 4th quarter worth $201,000. CIBC Asset Management Inc acquired a new position in shares of CVB Financial during the 3rd quarter worth $205,000. Teacher Retirement System of Texas acquired a new position in shares of CVB Financial during the 3rd quarter worth $207,000. Finally, Investment House LLC acquired a new position in shares of CVB Financial during the 3rd quarter worth $208,000. 69.21% of the stock is currently owned by institutional investors and hedge funds.
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CVB Financial Company Profile
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.
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