CV Holdings Inc (CBF) Price Target Raised to $38.00 at Barclays PLC
Several other equities analysts also recently weighed in on CBF. Zacks Investment Research upgraded CV Holdings from a sell rating to a hold rating in a report on Tuesday, July 26th. FBR & Co reaffirmed an outperform rating and set a $42.00 price objective (up from $39.00) on shares of CV Holdings in a research report on Saturday, October 22nd. Finally, Piper Jaffray Cos. initiated coverage on CV Holdings in a research report on Wednesday, November 16th. They set a neutral rating and a $36.00 price objective on the stock. Four research analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. The company presently has a consensus rating of Hold and an average target price of $35.33.
Shares of CV Holdings (NYSE:CBF) opened at 35.95 on Tuesday. CV Holdings has a 52 week low of $27.12 and a 52 week high of $36.70. The company has a 50-day moving average price of $33.21 and a 200-day moving average price of $31.00. The company has a market capitalization of $1.55 billion and a PE ratio of 25.99.
CV Holdings (NYSE:CBF) last issued its quarterly earnings results on Thursday, October 20th. The company reported $0.42 earnings per share for the quarter, missing the consensus estimate of $0.43 by $0.01. Analysts predict that CV Holdings will post $1.67 earnings per share for the current year.
The business also recently disclosed a quarterly dividend, which was paid on Tuesday, November 22nd. Stockholders of record on Wednesday, November 9th were given a dividend of $0.12 per share. This is a boost from CV Holdings’s previous quarterly dividend of $0.10. This represents a $0.48 dividend on an annualized basis and a dividend yield of 1.34%. The ex-dividend date of this dividend was Monday, November 7th.
Several hedge funds and other institutional investors have recently bought and sold shares of CBF. California Public Employees Retirement System boosted its position in CV Holdings by 2.9% in the third quarter. California Public Employees Retirement System now owns 28,600 shares of the company’s stock worth $918,000 after buying an additional 800 shares during the last quarter. Teachers Advisors LLC boosted its position in CV Holdings by 4.8% in the third quarter. Teachers Advisors LLC now owns 50,124 shares of the company’s stock worth $1,609,000 after buying an additional 2,291 shares during the last quarter. Teachers Advisors Inc. boosted its position in CV Holdings by 6.9% in the second quarter. Teachers Advisors Inc. now owns 47,833 shares of the company’s stock worth $1,378,000 after buying an additional 3,108 shares during the last quarter. Banc Funds Co. LLC boosted its position in CV Holdings by 1.7% in the second quarter. Banc Funds Co. LLC now owns 605,524 shares of the company’s stock worth $17,439,000 after buying an additional 10,000 shares during the last quarter. Finally, Phocas Financial Corp. boosted its position in CV Holdings by 6.5% in the third quarter. Phocas Financial Corp. now owns 184,971 shares of the company’s stock worth $5,939,000 after buying an additional 11,275 shares during the last quarter.
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