CV Holdings Inc (NYSE:CBF) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a report issued on Thursday.

According to Zacks, “Capital Bank Financial Corp. is a bank holding company focused on creating a regional banking franchise in the southeastern region of the United States through organic growth and acquisitions of other banks, including failed, underperforming and undercapitalized banks. The Bank’s products and services include commercial bank business, consumer bank business, Mortgage Banking, and Private Banking. Its deposit products include non-interest-bearing checking accounts, interest-bearing checking accounts, savings accounts, money market deposit accounts, certificates of deposit, and individual retirement accounts. The company’s commercial loans products comprise owner occupied commercial real estate construction and term loans; working capital loans and lines of credit; demand, term, and time loans; and equipment, inventory, and accounts receivable financing. Capital Bank Financial Corp. is based in Coral Gables, Florida. “

Separately, Credit Suisse Group AG reissued a “hold” rating on shares of CV Holdings in a report on Tuesday, July 12th. One research analyst has rated the stock with a sell rating, two have issued a hold rating and two have issued a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus target price of $33.00.

Shares of CV Holdings (NYSE:CBF) traded up 0.13% during mid-day trading on Thursday, hitting $31.62. 109,055 shares of the company were exchanged. The firm has a market capitalization of $1.36 billion and a P/E ratio of 24.44. The company’s 50-day moving average price is $31.46 and its 200-day moving average price is $30.40. CV Holdings has a 12-month low of $27.12 and a 12-month high of $35.95.

CV Holdings (NYSE:CBF) last posted its quarterly earnings data on Thursday, July 21st. The company reported $0.42 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.38 by $0.04. Equities research analysts predict that CV Holdings will post $1.68 earnings per share for the current fiscal year.

In other news, Director Martha M. Bachman sold 39,369 shares of the company’s stock in a transaction that occurred on Thursday, August 18th. The shares were sold at an average price of $29.03, for a total transaction of $1,142,882.07. Following the completion of the sale, the director now owns 21,183 shares of the company’s stock, valued at approximately $614,942.49. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

Hedge funds have recently modified their holdings of the company. C M Bidwell & Associates Ltd. purchased a new stake in shares of CV Holdings during the first quarter worth $180,000. Banc Funds Co. LLC increased its position in shares of CV Holdings by 1.7% in the second quarter. Banc Funds Co. LLC now owns 605,524 shares of the company’s stock valued at $17,439,000 after buying an additional 10,000 shares during the last quarter. Finally, Teachers Advisors Inc. increased its position in shares of CV Holdings by 6.9% in the second quarter. Teachers Advisors Inc. now owns 47,833 shares of the company’s stock valued at $1,378,000 after buying an additional 3,108 shares during the last quarter.

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