EPS for CVB Financial Corp. (CVBF) Expected At $0.27

September 17, 2017 - By Hazel Jackson

 EPS for CVB Financial Corp. (CVBF) Expected At $0.27
Investors sentiment decreased to 1.05 in Q4 2016. Its down 0.12, from 1.17 in 2016Q3. It turned negative, as 16 investors sold CVB Financial Corp. shares while 44 reduced holdings. 17 funds opened positions while 46 raised stakes. 72.65 million shares or 1.80% more from 71.36 million shares in 2016Q3 were reported.
Us Bank De owns 32,087 shares. Sei Invests has invested 0% of its portfolio in CVB Financial Corp. (NASDAQ:CVBF). Neuberger Berman Group invested 0.25% in CVB Financial Corp. (NASDAQ:CVBF). Blackrock Advsr Limited Co invested in 53,454 shares. Riverhead Limited Liability Company invested 0.01% in CVB Financial Corp. (NASDAQ:CVBF). New York State Common Retirement Fund holds 0% or 105,200 shares in its portfolio. Mason Street Limited Liability Company stated it has 21,976 shares. 40,400 were reported by Louisiana State Employees Retirement System. State Of Alaska Department Of Revenue holds 10,870 shares or 0.02% of its portfolio. America First Investment Advisors Limited accumulated 8,057 shares or 0.08% of the stock. Tower Capital Limited (Trc) has invested 0.01% of its portfolio in CVB Financial Corp. (NASDAQ:CVBF). 51,736 are held by Arizona State Retirement Systems. Richard Bernstein Advsr holds 0.36% of its portfolio in CVB Financial Corp. (NASDAQ:CVBF) for 188,395 shares. First Republic Mgmt reported 24,295 shares. Fmr Ltd Liability Company stated it has 7.82M shares.

Since May 8, 2017, it had 0 insider purchases, and 1 sale for $44,265 activity. 2,000 CVB Financial Corp. (NASDAQ:CVBF) shares with value of $44,265 were sold by Brager David A..

Wall Street await CVB Financial Corp. (NASDAQ:CVBF) to release earnings on October, 18. Analysts forecast earnings per share of $0.27, up exactly $0.04 or 17.39 % from 2014’s $0.23 EPS. The expected CVBF’s profit could reach $29.79 million giving the stock 19.64 P/E in the case that $0.27 earnings per share is reported. After posting $0.26 EPS for the previous quarter, CVB Financial Corp.’s analysts now forecast 3.85 % EPS growth. The stock increased 0.71% or $0.15 on September 15, reaching $21.21. About 1.33 million shares traded or 380.36% up from the average. CVB Financial Corp. (NASDAQ:CVBF) has risen 23.35% since September 17, 2016 and is uptrending. It has outperformed by 6.65% the S&P500.

CVB Financial Corp. (NASDAQ:CVBF) Ratings Coverage

Among 6 analysts covering CVB Financial (NASDAQ:CVBF), 1 have Buy rating, 1 Sell and 4 Hold. Therefore 17% are positive. CVB Financial had 10 analyst reports since July 28, 2015 according to SRatingsIntel. As per Thursday, January 21, the company rating was upgraded by FIG Partners. The rating was maintained by Piper Jaffray on Friday, September 1 with “Hold”. The company was maintained on Thursday, August 3 by Keefe Bruyette & Woods. Keefe Bruyette & Woods maintained it with “Hold” rating and $2300 target in Monday, July 3 report. The firm earned “Underperform” rating on Monday, November 21 by Hovde Group. The stock of CVB Financial Corp. (NASDAQ:CVBF) earned “Hold” rating by Piper Jaffray on Monday, July 10.

CVB Financial Corp. is the bank holding firm for Citizens Business Bank (the Bank). The company has market cap of $2.34 billion. The Bank operates through two divisions: Business Financial and Commercial Banking Centers (Centers), and Other Operations. It has a 21.23 P/E ratio. The Company’s administrative and other smaller operating departments are combined into the Other segment.

More notable recent CVB Financial Corp. (NASDAQ:CVBF) news were published by: Businesswire.com which released: “CVB Financial Corp. Announces Hiring of David F. Farnsworth as Chief Credit …” on July 07, 2016, also Businesswire.com with their article: “CVB Financial Corp. Announces Hiring of E. Allen Nicholson as Chief Financial …” published on May 05, 2016, Businesswire.com published: “CVB Financial Corp. and Valley Commerce Bancorp Announce Merger” on September 22, 2016. More interesting news about CVB Financial Corp. (NASDAQ:CVBF) were released by: Businesswire.com and their article: “CVB Financial Corp. Announces Dividend Increase” published on June 21, 2017 as well as Marketwatch.com‘s news article titled: “21.21” with publication date: October 19, 2009.

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