Rosenthal Henry Capital Advisors Inc. Takes $1.54 Million Position in Commercial Bancgroup, Inc. $CBK

Rosenthal Henry Capital Advisors Inc. bought a new stake in shares of Commercial Bancgroup, Inc. (NASDAQ:CBK) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 62,500 shares of the company’s stock, valued at approximately $1,535,000.

Several other institutional investors also recently made changes to their positions in the stock. Community Trust & Investment Co. bought a new position in shares of Commercial Bancgroup during the fourth quarter valued at approximately $9,161,000. Phocas Financial Corp. bought a new position in shares of Commercial Bancgroup during the fourth quarter valued at approximately $3,607,000. Daytona Street Capital LLC bought a new position in shares of Commercial Bancgroup during the fourth quarter valued at approximately $381,000. Finally, SG Americas Securities LLC bought a new position in shares of Commercial Bancgroup during the fourth quarter valued at approximately $153,000.

Commercial Bancgroup Trading Down 1.6%

Shares of NASDAQ CBK opened at $29.18 on Wednesday. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.05 and a current ratio of 1.05. The business’s 50 day simple moving average is $26.40. The firm has a market capitalization of $399.77 million and a P/E ratio of 19.58. Commercial Bancgroup, Inc. has a 12-month low of $23.24 and a 12-month high of $29.89.

Commercial Bancgroup (NASDAQ:CBK) last issued its quarterly earnings data on Monday, January 26th. The company reported $0.72 earnings per share (EPS) for the quarter. The business had revenue of $23.48 million for the quarter.

Commercial Bancgroup Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Stockholders of record on Sunday, March 15th were given a dividend of $0.10 per share. The ex-dividend date was Friday, March 13th. This represents a $0.40 annualized dividend and a dividend yield of 1.4%. Commercial Bancgroup’s payout ratio is currently 26.85%.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reaffirmed a “sell (e)” rating on shares of Commercial Bancgroup in a report on Wednesday, March 25th. One analyst has rated the stock with a Strong Buy rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy”.

Commercial Bancgroup Company Profile

We are a bank holding company headquartered in Harrogate, Tennessee, and have elected under the Bank Holding Company Act of 1956, as amended (the “BHC Act”), to become a financial holding company. We were incorporated in Tennessee in 1975, and we operate primarily through our wholly owned bank subsidiary, Commercial Bank, a Tennessee banking corporation organized in 1976. The Bank is a full-service community banking institution that offers traditional consumer and commercial products and services to serve businesses and individuals in select markets in Kentucky, North Carolina, and Tennessee.