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

September 17, 2017 - By Winifred Garcia

 $0.27 EPS Expected for CVB Financial Corp. (CVBF)
Investors sentiment decreased to 1.05 in Q4 2016. Its down 0.12, from 1.17 in 2016Q3. It is 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.
Manufacturers Life Insur The owns 30,252 shares or 0% of their US portfolio. Pinebridge Invests Ltd Partnership has 0.04% invested in CVB Financial Corp. (NASDAQ:CVBF). Illinois-based Guggenheim Capital Ltd Limited Liability Company has invested 0% in CVB Financial Corp. (NASDAQ:CVBF). Deutsche Natl Bank Ag has 0% invested in CVB Financial Corp. (NASDAQ:CVBF) for 114,777 shares. The Florida-based State Board Of Administration Of Florida Retirement has invested 0.01% in CVB Financial Corp. (NASDAQ:CVBF). Kcg Hldg owns 43,676 shares or 0.02% of their US portfolio. Amer Intl Group holds 0.01% in CVB Financial Corp. (NASDAQ:CVBF) or 74,056 shares. Pnc Fincl Services Gp Incorporated stated it has 0% in CVB Financial Corp. (NASDAQ:CVBF). Gradient Investments Lc owns 6,702 shares or 0.01% of their US portfolio. Arizona State Retirement Sys owns 0.02% invested in CVB Financial Corp. (NASDAQ:CVBF) for 51,736 shares. Legal And General Grp Inc Public Limited Co invested in 0% or 176,967 shares. Da Davidson & has invested 0% in CVB Financial Corp. (NASDAQ:CVBF). Tiverton Asset Lc has invested 0.49% in CVB Financial Corp. (NASDAQ:CVBF). Reilly Finance Advsr Llc stated it has 0.01% of its portfolio in CVB Financial Corp. (NASDAQ:CVBF). Profund Advsrs Limited Com has 0.03% invested in CVB Financial Corp. (NASDAQ:CVBF).

Since May 8, 2017, it had 0 insider buys, and 1 insider sale for $44,265 activity. Brager David A. had sold 2,000 shares worth $44,265 on Monday, May 8.

Investors wait CVB Financial Corp. (NASDAQ:CVBF) to report on October, 18. its quarterly earnings Wall Street analysts expect $0.27 EPS, up $0.04 or 17.39 % from last year’s $0.23 same quarter earnings. This translates into $29.79 million profit for CVBF giving the stock a 19.64 P/E. This is assuming the current $0.27 EPS is accurate. CVB Financial Corp.’s Wall Street analysts see 3.85 % EPS growth, taking into account the $0.26 EPS reproted in the previous quarter, The stock increased 0.71% or $0.15 on September 15, reaching $21.21. About 1.33M 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. On Friday, September 1 the stock rating was maintained by Piper Jaffray with “Hold”. The firm has “Outperform” rating given on Thursday, January 21 by FIG Partners. Keefe Bruyette & Woods maintained CVB Financial Corp. (NASDAQ:CVBF) rating on Monday, July 3. Keefe Bruyette & Woods has “Hold” rating and $2300 target. Piper Jaffray maintained CVB Financial Corp. (NASDAQ:CVBF) rating on Monday, July 10. Piper Jaffray has “Hold” rating and $2300 target. The rating was maintained by Keefe Bruyette & Woods with “Hold” on Thursday, August 3. As per Monday, November 21, the company rating was downgraded by Hovde Group.

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 E. Allen Nicholson as Chief Financial …” on May 05, 2016, also Finance.Yahoo.com with their article: “CVB Financial Corp. and Valley Commerce Bancorp Announce Amended Merger Agreement” published on December 20, 2016, Businesswire.com published: “CVB Financial Corp. and County Commerce Bank Announce Merger” on October 14, 2015. More interesting news about CVB Financial Corp. (NASDAQ:CVBF) were released by: Businesswire.com and their article: “CVB Financial Corp. Announces Hiring of David F. Farnsworth as Chief Credit …” published on July 07, 2016 as well as Businesswire.com‘s news article titled: “CVB Financial Corp. Announces Dividend Increase” with publication date: June 21, 2017.

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