Blair William & Co. IL maintained its position in Civista Bancshares, Inc. (NASDAQ:CIVB) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 95,523 shares of the bank’s stock at the end of the second quarter. Blair William & Co. IL owned 0.94% of Civista Bancshares worth $1,995,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the stock. LSV Asset Management boosted its position in Civista Bancshares by 3.2% in the first quarter. LSV Asset Management now owns 55,500 shares of the bank’s stock worth $1,229,000 after buying an additional 1,700 shares during the last quarter. AXA raised its stake in shares of Civista Bancshares by 19.9% in the first quarter. AXA now owns 30,094 shares of the bank’s stock worth $667,000 after buying an additional 4,994 shares during the period. FNY Partners Fund LP acquired a new stake in shares of Civista Bancshares during the first quarter worth about $110,000. Monarch Partners Asset Management LLC raised its stake in shares of Civista Bancshares by 37.6% in the second quarter. Monarch Partners Asset Management LLC now owns 22,780 shares of the bank’s stock worth $476,000 after buying an additional 6,230 shares during the period. Finally, O Shaughnessy Asset Management LLC raised its stake in shares of Civista Bancshares by 104.9% in the first quarter. O Shaughnessy Asset Management LLC now owns 13,923 shares of the bank’s stock worth $309,000 after buying an additional 7,127 shares during the period. 35.50% of the stock is currently owned by institutional investors.

Shares of Civista Bancshares, Inc. (NASDAQ:CIVB) opened at 19.77 on Friday. The stock has a market capitalization of $201.06 million, a price-to-earnings ratio of 14.68 and a beta of 0.47. Civista Bancshares, Inc. has a 1-year low of $13.91 and a 1-year high of $23.75. The company’s 50 day moving average is $20.40 and its 200-day moving average is $21.23.

Civista Bancshares (NASDAQ:CIVB) last announced its earnings results on Friday, July 28th. The bank reported $0.29 earnings per share for the quarter, missing the consensus estimate of $0.33 by $0.04. Civista Bancshares had a net margin of 21.97% and a return on equity of 11.19%. The business had revenue of $17.47 million for the quarter, compared to the consensus estimate of $17.70 million. Equities analysts anticipate that Civista Bancshares, Inc. will post $1.27 earnings per share for the current fiscal year.

The firm also recently announced a quarterly dividend, which was paid on Tuesday, August 1st. Investors of record on Tuesday, July 18th were paid a dividend of $0.06 per share. The ex-dividend date was Friday, July 14th. This represents a $0.24 annualized dividend and a yield of 1.21%. Civista Bancshares’s payout ratio is 17.65%.

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CIVB has been the topic of a number of recent research reports. Zacks Investment Research upgraded shares of Civista Bancshares from a “sell” rating to a “hold” rating and set a $25.00 price target on the stock in a research note on Tuesday, May 2nd. DA Davidson reiterated a “neutral” rating and set a $24.50 price target on shares of Civista Bancshares in a research note on Tuesday, July 4th. Keefe, Bruyette & Woods reiterated a “buy” rating on shares of Civista Bancshares in a research note on Friday, May 12th. Finally, Boenning Scattergood set a $24.00 price target on shares of Civista Bancshares and gave the stock a “buy” rating in a research note on Friday, July 28th. One investment analyst has rated the stock with a sell rating, two have given a hold rating and three have assigned a buy rating to the stock. Civista Bancshares has an average rating of “Hold” and a consensus target price of $22.65.

About Civista Bancshares

Civista Bancshares, Inc is a financial holding company. The Company, through the subsidiary bank, Civista Bank, is primarily engaged in the business of community banking. Civista Bank, located in Erie, Crawford, Champaign, Cuyahoga, Franklin, Logan, Madison, Montgomery, Summit, Huron, Ottawa and Richland Counties, Ohio, conducts a general banking business that involves collecting customer deposits, making loans, purchasing securities, and offering Trust services.

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Institutional Ownership by Quarter for Civista Bancshares (NASDAQ:CIVB)

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