State Street Corp raised its position in CV Holdings Inc (NYSE:CBF) by 33.8% during the first quarter, according to its most recent 13F filing with the SEC. The fund owned 806,063 shares of the company’s stock after buying an additional 203,778 shares during the period. State Street Corp owned 1.56% of CV Holdings worth $34,982,000 as of its most recent filing with the SEC.
A number of other institutional investors have also modified their holdings of the company. Quantitative Systematic Strategies LLC acquired a new position in shares of CV Holdings during the first quarter worth approximately $347,000. Metropolitan Life Insurance Co. NY boosted its position in shares of CV Holdings by 4.0% in the fourth quarter. Metropolitan Life Insurance Co. NY now owns 17,304 shares of the company’s stock worth $679,000 after buying an additional 660 shares during the last quarter. Marshall Wace North America L.P. acquired a new position in shares of CV Holdings during the first quarter worth approximately $1,022,000. MARSHALL WACE ASIA Ltd acquired a new position in shares of CV Holdings during the first quarter worth approximately $1,022,000. Finally, Teachers Advisors LLC boosted its position in shares of CV Holdings by 34.6% in the fourth quarter. Teachers Advisors LLC now owns 67,469 shares of the company’s stock worth $2,648,000 after buying an additional 17,345 shares during the last quarter.
Shares of CV Holdings Inc (CBF) opened at 37.05 on Friday. The stock’s 50 day moving average is $38.18 and its 200-day moving average is $39.58. CV Holdings Inc has a 52 week low of $29.05 and a 52 week high of $45.00. The company has a market cap of $1.92 billion and a price-to-earnings ratio of 24.54.
CV Holdings (NYSE:CBF) last posted its quarterly earnings results on Thursday, July 20th. The company reported $0.50 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.48 by $0.02. The company had revenue of $101.24 million during the quarter, compared to analysts’ expectations of $99.11 million. On average, equities analysts anticipate that CV Holdings Inc will post $1.96 earnings per share for the current year.
The business also recently declared a quarterly dividend, which will be paid on Monday, August 21st. Investors of record on Monday, August 7th will be paid a $0.12 dividend. This represents a $0.48 annualized dividend and a yield of 1.30%. The ex-dividend date is Thursday, August 3rd.
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A number of equities analysts recently commented on the stock. Brean Capital reiterated a “hold” rating on shares of CV Holdings in a research report on Wednesday, August 2nd. FBR & Co cut shares of CV Holdings from an “outperform” rating to a “market perform” rating and decreased their target price for the stock from $45.00 to $44.00 in a research report on Monday, April 24th. Barclays PLC reiterated an “overweight” rating and issued a $45.00 target price (up previously from $44.00) on shares of CV Holdings in a research report on Monday, April 24th. Finally, Zacks Investment Research upgraded shares of CV Holdings from a “hold” rating to a “buy” rating and set a $44.00 target price on the stock in a research report on Tuesday, May 9th. One investment analyst has rated the stock with a sell rating, four have given a hold rating and one has assigned a buy rating to the stock. The company presently has a consensus rating of “Hold” and an average target price of $42.67.
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