Today: Today: CV Holdings Inc (CBF) Given Consensus Rating of “Hold” by Brokerages

Today: CV Holdings Inc (CBF) Given Consensus Rating of “Hold” by Brokerages

CV Holdings Inc (NYSE:CBF) has earned an average recommendation of “Hold” from the six brokerages that are presently covering the stock. Four equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company. The average 12 month price target among analysts that have updated their coverage on the stock in the last year is $36.00.

Several brokerages have recently weighed in on CBF. Barclays PLC increased their target price on shares of CV Holdings from $34.00 to $38.00 and gave the company an “overweight” rating in a research note on Tuesday, November 22nd. Zacks Investment Research raised shares of CV Holdings from a “sell” rating to a “hold” rating in a research note on Monday, November 21st. Piper Jaffray Cos. began coverage on shares of CV Holdings in a research note on Wednesday, November 16th. They issued a “neutral” rating and a $36.00 target price on the stock. Finally, FBR & Co reissued an “outperform” rating and issued a $42.00 target price (up previously from $39.00) on shares of CV Holdings in a research note on Saturday, October 22nd.

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 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. 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. TIAA CREF Investment Management LLC boosted its position in shares of CV Holdings by 14.5% in the third quarter. TIAA CREF Investment Management LLC now owns 106,141 shares of the company’s stock valued at $3,408,000 after buying an additional 13,431 shares during the last quarter. Finally, Phocas Financial Corp. boosted its position in shares of CV Holdings by 6.5% in the third quarter. Phocas Financial Corp. now owns 184,971 shares of the company’s stock valued at $5,939,000 after buying an additional 11,275 shares during the last quarter.

CV Holdings (NYSE:CBF) opened at 36.15 on Wednesday. The stock has a market capitalization of $1.56 billion and a PE ratio of 26.14. CV Holdings has a 12 month low of $27.12 and a 12 month high of $36.70. The company’s 50-day moving average is $33.47 and its 200-day moving average is $31.08.

CV Holdings (NYSE:CBF) last released its quarterly earnings results on Thursday, October 20th. The company reported $0.42 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.43 by $0.01. Equities research analysts forecast that CV Holdings will post $1.66 EPS for the current year.

The business also recently declared a quarterly dividend, which was paid on Tuesday, November 22nd. Stockholders of record on Wednesday, November 9th were issued a $0.12 dividend. The ex-dividend date of this dividend was Monday, November 7th. 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 1.33%.

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