Barclays PLC Has $234,000 Stock Holdings in CB Financial Services, Inc. (NASDAQ:CBFV)

Barclays PLC boosted its position in shares of CB Financial Services, Inc. (NASDAQ:CBFV) by 12.7% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 8,373 shares of the bank’s stock after purchasing an additional 943 shares during the period. Barclays PLC owned about 0.16% of CB Financial Services worth $234,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in CBFV. Commonwealth Equity Services LLC bought a new position in CB Financial Services in the 2nd quarter worth approximately $393,000. Fourthstone LLC acquired a new position in CB Financial Services in the third quarter valued at about $373,000. Janney Montgomery Scott LLC increased its holdings in shares of CB Financial Services by 2.3% in the third quarter. Janney Montgomery Scott LLC now owns 364,939 shares of the bank’s stock worth $10,204,000 after acquiring an additional 8,143 shares in the last quarter. De Lisle Partners LLP raised its position in shares of CB Financial Services by 9.1% during the third quarter. De Lisle Partners LLP now owns 29,255 shares of the bank’s stock worth $823,000 after purchasing an additional 2,429 shares during the period. Finally, Empowered Funds LLC lifted its holdings in shares of CB Financial Services by 5.2% during the 3rd quarter. Empowered Funds LLC now owns 32,572 shares of the bank’s stock valued at $911,000 after purchasing an additional 1,608 shares in the last quarter. 33.06% of the stock is currently owned by institutional investors and hedge funds.

CB Financial Services Stock Up 0.1 %

Shares of CBFV stock opened at $28.35 on Monday. The firm’s 50-day moving average is $29.98 and its 200-day moving average is $27.11. The stock has a market cap of $145.27 million, a price-to-earnings ratio of 6.37 and a beta of 0.60. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.87 and a current ratio of 0.87. CB Financial Services, Inc. has a 52-week low of $20.75 and a 52-week high of $33.72.

CB Financial Services (NASDAQ:CBFV) last posted its quarterly earnings results on Friday, October 25th. The bank reported $0.55 earnings per share for the quarter, beating analysts’ consensus estimates of $0.51 by $0.04. CB Financial Services had a return on equity of 8.27% and a net margin of 24.51%. The business had revenue of $21.01 million for the quarter, compared to analysts’ expectations of $12.60 million. Sell-side analysts predict that CB Financial Services, Inc. will post 2.18 EPS for the current year.

CB Financial Services Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, November 29th. Stockholders of record on Friday, November 15th were given a $0.25 dividend. The ex-dividend date was Friday, November 15th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 3.53%. CB Financial Services’s payout ratio is presently 22.47%.

Insider Activity at CB Financial Services

In related news, Vice Chairman Charles R. Guthrie sold 3,415 shares of CB Financial Services stock in a transaction that occurred on Friday, December 6th. The shares were sold at an average price of $32.63, for a total transaction of $111,431.45. Following the sale, the insider now directly owns 15,194 shares of the company’s stock, valued at approximately $495,780.22. The trade was a 18.35 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Chairman Mark E. Fox sold 3,538 shares of the business’s stock in a transaction on Monday, December 16th. The stock was sold at an average price of $31.50, for a total value of $111,447.00. Following the sale, the chairman now owns 11,414 shares in the company, valued at $359,541. This represents a 23.66 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 7,703 shares of company stock worth $247,995. Corporate insiders own 9.40% of the company’s stock.

Analysts Set New Price Targets

CBFV has been the subject of a number of research reports. DA Davidson increased their target price on CB Financial Services from $25.00 to $27.00 and gave the stock a “neutral” rating in a research note on Tuesday, October 29th. StockNews.com began coverage on CB Financial Services in a research report on Thursday, December 26th. They set a “hold” rating for the company.

About CB Financial Services

CB Financial Services, Inc operates as the bank holding company for Community Bank that provides various banking products and services for individuals and businesses in southwestern Pennsylvania, West Virginia, and Ohio. The company's primary deposit products include demand deposits, NOW accounts, money market accounts, and savings accounts, as well as time deposit products.