Civista Bancshares Inc (CIVB) Shares Bought by Macquarie Group Ltd.

Macquarie Group Ltd. grew its position in shares of Civista Bancshares Inc (NASDAQ:CIVB) by 474.4% during the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 1,413 shares of the bank’s stock after purchasing an additional 1,167 shares during the quarter. Macquarie Group Ltd.’s holdings in Civista Bancshares were worth $25,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently modified their holdings of CIVB. BlackRock Inc. increased its position in shares of Civista Bancshares by 32.0% during the 3rd quarter. BlackRock Inc. now owns 713,090 shares of the bank’s stock valued at $17,179,000 after purchasing an additional 172,691 shares during the period. Vanguard Group Inc grew its holdings in shares of Civista Bancshares by 21.5% in the 3rd quarter. Vanguard Group Inc now owns 576,071 shares of the bank’s stock worth $13,877,000 after acquiring an additional 101,796 shares during the last quarter. Vanguard Group Inc. grew its holdings in shares of Civista Bancshares by 21.5% in the 3rd quarter. Vanguard Group Inc. now owns 576,071 shares of the bank’s stock worth $13,877,000 after acquiring an additional 101,796 shares during the last quarter. Dimensional Fund Advisors LP grew its holdings in shares of Civista Bancshares by 32.5% in the 3rd quarter. Dimensional Fund Advisors LP now owns 218,503 shares of the bank’s stock worth $5,264,000 after acquiring an additional 53,649 shares during the last quarter. Finally, Alliancebernstein L.P. acquired a new position in shares of Civista Bancshares in the 3rd quarter worth $892,000. Institutional investors own 51.92% of the company’s stock.

A number of equities analysts recently issued reports on the company. BidaskClub upgraded Civista Bancshares from a “strong sell” rating to a “sell” rating in a report on Monday, April 1st. TheStreet upgraded Civista Bancshares from a “c+” rating to a “b” rating in a report on Friday, February 15th. Zacks Investment Research upgraded Civista Bancshares from a “hold” rating to a “strong-buy” rating and set a $24.00 target price on the stock in a report on Thursday, February 21st. Finally, ValuEngine upgraded Civista Bancshares from a “strong sell” rating to a “sell” rating in a report on Wednesday, January 2nd. Two investment analysts have rated the stock with a sell rating, two have assigned a hold rating, two have given a buy rating and one has issued a strong buy rating to the stock. The stock has an average rating of “Hold” and a consensus price target of $26.50.

In other news, insider W Michael Mclaughlin sold 11,000 shares of the firm’s stock in a transaction on Wednesday, February 20th. The stock was sold at an average price of $21.11, for a total value of $232,210.00. Following the completion of the sale, the insider now owns 12,287 shares of the company’s stock, valued at $259,378.57. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Company insiders own 3.45% of the company’s stock.

Shares of NASDAQ CIVB opened at $22.19 on Monday. The company has a debt-to-equity ratio of 0.77, a quick ratio of 0.99 and a current ratio of 0.99. The firm has a market capitalization of $346.23 million, a P/E ratio of 11.99, a P/E/G ratio of 1.37 and a beta of 0.82. Civista Bancshares Inc has a 52-week low of $15.55 and a 52-week high of $25.88.

Civista Bancshares (NASDAQ:CIVB) last issued its earnings results on Friday, February 15th. The bank reported $0.49 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.41 by $0.08. The business had revenue of $25.58 million during the quarter, compared to analysts’ expectations of $23.96 million. Civista Bancshares had a return on equity of 11.07% and a net margin of 15.40%. As a group, research analysts expect that Civista Bancshares Inc will post 2.03 EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, May 1st. Stockholders of record on Tuesday, April 23rd will be given a $0.11 dividend. This represents a $0.44 annualized dividend and a dividend yield of 1.98%. The ex-dividend date is Monday, April 22nd. This is a boost from Civista Bancshares’s previous quarterly dividend of $0.09. Civista Bancshares’s dividend payout ratio (DPR) is 19.46%.

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Civista Bancshares Company Profile

Civista Bancshares, Inc operates as the financial holding company for Civista Bank that engages in the community banking business in Ohio. The company accepts noninterest-bearing and interest-bearing demand deposits, and certificates of deposit. It offers commercial, commercial and residential real estate mortgage, real estate construction, and consumer loans.

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Institutional Ownership by Quarter for Civista Bancshares (NASDAQ:CIVB)

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