Media stories about Xenith Bankshares (NASDAQ:XBKS) have trended somewhat positive this week, according to Accern. The research group rates the sentiment of news coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Xenith Bankshares earned a news sentiment score of 0.21 on Accern’s scale. Accern also assigned news articles about the bank an impact score of 45.5042798831075 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.

XBKS has been the topic of several research reports. Keefe, Bruyette & Woods reissued a “buy” rating and set a $28.00 price target on shares of Xenith Bankshares in a research report on Thursday, April 27th. BidaskClub lowered Xenith Bankshares from a “buy” rating to a “hold” rating in a research report on Wednesday, July 12th. Finally, Zacks Investment Research raised Xenith Bankshares from a “sell” rating to a “hold” rating in a research report on Thursday, June 29th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and one has assigned a buy rating to the stock. The stock has an average rating of “Hold” and a consensus price target of $28.00.

Shares of Xenith Bankshares (XBKS) opened at 29.32 on Tuesday. The company’s 50 day moving average price is $30.42 and its 200 day moving average price is $27.91. Xenith Bankshares has a 52-week low of $20.00 and a 52-week high of $33.30.

Xenith Bankshares (NASDAQ:XBKS) last announced its quarterly earnings data on Wednesday, July 26th. The bank reported $0.31 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.27 by $0.04. Xenith Bankshares had a return on equity of 14.16% and a net margin of 50.54%. The company had revenue of $28.53 million for the quarter, compared to analyst estimates of $27.86 million. Equities research analysts anticipate that Xenith Bankshares will post $0.32 EPS for the current year.

In other news, SVP Linda Majikes sold 2,200 shares of Xenith Bankshares stock in a transaction that occurred on Tuesday, August 1st. The stock was sold at an average price of $28.25, for a total transaction of $62,150.00. Following the sale, the senior vice president now owns 7,592 shares of the company’s stock, valued at approximately $214,474. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 31.70% of the stock is currently owned by company insiders.

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About Xenith Bankshares

Xenith Bankshares, Inc, formerly Hampton Roads Bankshares, Inc, is a bank holding company for Xenith Bank. Xenith Bank is a commercial bank specifically targeting the banking needs of middle market and small businesses, local real estate developers and investors, and retail banking clients. Xenith Bank’s regional area of operations spans from Baltimore, Maryland, to Raleigh and eastern North Carolina, complementing its presence in greater Washington, DC, greater Richmond, Virginia, and greater Hampton Roads, Virginia.

Insider Buying and Selling by Quarter for Xenith Bankshares (NASDAQ:XBKS)

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