Community Bankers Trust Corp. (ESXB) Downgraded by Keefe, Bruyette & Woods

Keefe, Bruyette & Woods lowered shares of Community Bankers Trust Corp. (NASDAQ:ESXB) from an outperform rating to a market perform rating in a research report sent to investors on Wednesday, MarketBeat.com reports.

Other equities research analysts have also recently issued research reports about the stock. Sandler O’Neill assumed coverage on shares of Community Bankers Trust Corp. in a report on Wednesday, August 30th. They issued a hold rating and a $9.00 price target on the stock. Brean Capital reaffirmed a buy rating on shares of Community Bankers Trust Corp. in a report on Wednesday, August 2nd.

Community Bankers Trust Corp. (NASDAQ:ESXB) opened at 9.25 on Wednesday. The firm has a market cap of $203.84 million and a P/E ratio of 19.68. The stock has a 50 day moving average price of $8.71 and a 200 day moving average price of $8.31. Community Bankers Trust Corp. has a 52-week low of $5.37 and a 52-week high of $9.25.

Community Bankers Trust Corp. (NASDAQ:ESXB) last posted its quarterly earnings results on Friday, July 28th. The financial services provider reported $0.13 EPS for the quarter, topping analysts’ consensus estimates of $0.11 by $0.02. The company had revenue of $12.16 million for the quarter. Community Bankers Trust Corp. had a net margin of 24.12% and a return on equity of 9.83%. Equities analysts predict that Community Bankers Trust Corp. will post $0.50 earnings per share for the current fiscal year.

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Several large investors have recently bought and sold shares of the stock. River Oaks Capital LLC raised its holdings in shares of Community Bankers Trust Corp. by 0.9% in the 2nd quarter. River Oaks Capital LLC now owns 351,400 shares of the financial services provider’s stock worth $2,899,000 after purchasing an additional 3,200 shares during the period. Acadian Asset Management LLC raised its holdings in shares of Community Bankers Trust Corp. by 69.7% in the 2nd quarter. Acadian Asset Management LLC now owns 17,043 shares of the financial services provider’s stock worth $141,000 after purchasing an additional 7,000 shares during the period. Voya Investment Management LLC purchased a new position in Community Bankers Trust Corp. in the 2nd quarter valued at approximately $111,000. Dimensional Fund Advisors LP grew its stake in Community Bankers Trust Corp. by 29.0% in the 2nd quarter. Dimensional Fund Advisors LP now owns 67,134 shares of the financial services provider’s stock valued at $554,000 after buying an additional 15,072 shares in the last quarter. Finally, GSA Capital Partners LLP purchased a new position in Community Bankers Trust Corp. in the 2nd quarter valued at approximately $125,000.

Community Bankers Trust Corp. Company Profile

Community Bankers Trust Corporation is the holding company for Essex Bank (the Bank). The Bank is engaged in a general commercial banking business and provides a range of financial services to individuals and small businesses, including individual and commercial demand and time deposit accounts, commercial and industrial loans, consumer and small business loans, real estate and mortgage loans, investment services and safe deposit box facilities.

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