Dimensional Fund Advisors LP Purchases 62,264 Shares of Community Bankers Trust Corp (ESXB)

Dimensional Fund Advisors LP lifted its stake in Community Bankers Trust Corp (NASDAQ:ESXB) by 37.6% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 227,975 shares of the financial services provider’s stock after purchasing an additional 62,264 shares during the quarter. Dimensional Fund Advisors LP owned about 1.03% of Community Bankers Trust worth $2,052,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently modified their holdings of the company. Monarch Partners Asset Management LLC increased its holdings in Community Bankers Trust by 55.8% in the 1st quarter. Monarch Partners Asset Management LLC now owns 67,790 shares of the financial services provider’s stock worth $610,000 after purchasing an additional 24,280 shares in the last quarter. Wells Fargo & Company MN increased its holdings in Community Bankers Trust by 3.8% in the 1st quarter. Wells Fargo & Company MN now owns 162,357 shares of the financial services provider’s stock worth $1,461,000 after purchasing an additional 6,012 shares in the last quarter. Deutsche Bank AG increased its holdings in Community Bankers Trust by 6.7% in the 4th quarter. Deutsche Bank AG now owns 129,092 shares of the financial services provider’s stock worth $1,050,000 after purchasing an additional 8,136 shares in the last quarter. Finally, BlackRock Inc. increased its holdings in Community Bankers Trust by 1.4% in the 4th quarter. BlackRock Inc. now owns 1,018,250 shares of the financial services provider’s stock worth $8,299,000 after purchasing an additional 14,367 shares in the last quarter.

In other Community Bankers Trust news, Director Oliver L. Way bought 11,200 shares of the firm’s stock in a transaction that occurred on Friday, June 29th. The stock was acquired at an average price of $9.09 per share, with a total value of $101,808.00. Following the completion of the purchase, the director now directly owns 11,200 shares of the company’s stock, valued at approximately $101,808. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders have purchased 12,754 shares of company stock valued at $116,410 in the last ninety days.

ESXB has been the subject of several recent research reports. Brean Capital reissued a “buy” rating on shares of Community Bankers Trust in a research note on Monday, July 16th. Sandler O’Neill reissued a “hold” rating and issued a $10.50 price target on shares of Community Bankers Trust in a research note on Friday, July 27th. Three investment analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. Community Bankers Trust currently has an average rating of “Hold” and a consensus price target of $10.17.

Community Bankers Trust opened at $9.15 on Friday, according to Marketbeat Ratings. Community Bankers Trust Corp has a one year low of $7.90 and a one year high of $10.05.

Community Bankers Trust (NASDAQ:ESXB) last released its earnings results on Thursday, July 26th. The financial services provider reported $0.17 EPS for the quarter, topping the consensus estimate of $0.14 by $0.03. Community Bankers Trust had a return on equity of 9.39% and a net margin of 23.37%. The business had revenue of $12.78 million during the quarter, compared to analysts’ expectations of $13.10 million.

Community Bankers Trust Profile

Community Bankers Trust Corporation operates as the holding company for the Essex Bank that provides financial services primarily to individuals and small businesses. It offers individual and commercial demand and time deposit accounts; and commercial and industrial loans, consumer and small business loans, and real estate and mortgage loans.

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Institutional Ownership by Quarter for Community Bankers Trust (NASDAQ:ESXB)

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