Zacks Investment Research downgraded shares of CV Holdings Inc (NYSE:CBF) from a hold rating to a sell rating in a research report sent to investors on Thursday.

According to Zacks, “Capital Bank Financial Corp. is a bank holding company focused on creating a regional banking franchise in the southeastern region of the United States through organic growth and acquisitions of other banks, including failed, underperforming and undercapitalized banks. The Bank’s products and services include commercial bank business, consumer bank business, Mortgage Banking, and Private Banking. Its deposit products include non-interest-bearing checking accounts, interest-bearing checking accounts, savings accounts, money market deposit accounts, certificates of deposit, and individual retirement accounts. The company’s commercial loans products comprise owner occupied commercial real estate construction and term loans; working capital loans and lines of credit; demand, term, and time loans; and equipment, inventory, and accounts receivable financing. Capital Bank Financial Corp. is based in Coral Gables, Florida. “

Separately, Credit Suisse Group AG reiterated a hold rating on shares of CV Holdings in a report on Tuesday, July 12th. One analyst has rated the stock with a sell rating, two have given a hold rating and two have given a buy rating to the company. The company currently has a consensus rating of Hold and a consensus price target of $33.00.

Shares of CV Holdings (NYSE:CBF) traded up 0.76% during midday trading on Thursday, reaching $31.86. 43,715 shares of the company’s stock traded hands. The firm’s 50-day moving average price is $31.52 and its 200 day moving average price is $30.41. CV Holdings has a 1-year low of $27.12 and a 1-year high of $35.95. The stock has a market capitalization of $1.37 billion and a P/E ratio of 24.62.

CV Holdings (NYSE:CBF) last posted its earnings results on Thursday, July 21st. The company reported $0.42 earnings per share for the quarter, beating the consensus estimate of $0.38 by $0.04. On average, equities analysts predict that CV Holdings will post $1.68 earnings per share for the current fiscal year.

In other news, Director Martha M. Bachman sold 39,369 shares of the company’s stock in a transaction that occurred on Thursday, August 18th. The shares were sold at an average price of $29.03, for a total value of $1,142,882.07. Following the transaction, the director now directly owns 21,183 shares in the company, valued at approximately $614,942.49. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

Several institutional investors have recently modified their holdings of the company. Banc Funds Co. LLC raised its position in shares of CV Holdings by 1.7% in the second quarter. Banc Funds Co. LLC now owns 605,524 shares of the company’s stock valued at $17,439,000 after buying an additional 10,000 shares in the last quarter. Teachers Advisors Inc. increased its stake in shares of CV Holdings by 6.9% in the second quarter. Teachers Advisors Inc. now owns 47,833 shares of the company’s stock valued at $1,378,000 after buying an additional 3,108 shares during the last quarter. Finally, C M Bidwell & Associates Ltd. acquired a new stake in shares of CV Holdings during the first quarter valued at $180,000.

5 Day Chart for NYSE:CBF

Get a free copy of the Zacks research report on CV Holdings (CBF)

For more information about research offerings from Zacks Investment Research, visit

Receive News & Ratings for CV Holdings Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CV Holdings Inc and related companies with's FREE daily email newsletter.