Shares of LCNB Corp. (NASDAQ:LCNB) have been assigned a consensus broker rating score of 3.00 (Hold) from the one analysts that provide coverage for the stock, Zacks Investment Research reports. One equities research analyst has rated the stock with a hold recommendation.

Zacks has also assigned LCNB an industry rank of 103 out of 255 based on the ratings given to related companies.

Several equities research analysts have recently commented on the company. Zacks Investment Research upgraded LCNB from a “sell” rating to a “hold” rating in a research note on Wednesday, June 20th. ValuEngine lowered LCNB from a “hold” rating to a “sell” rating in a research note on Tuesday, August 14th. BidaskClub lowered LCNB from a “hold” rating to a “sell” rating in a research note on Saturday, August 25th. Finally, Boenning Scattergood restated a “hold” rating on shares of LCNB in a research note on Tuesday, July 31st.

A number of hedge funds have recently modified their holdings of LCNB. Deutsche Bank AG increased its stake in LCNB by 60.8% in the 4th quarter. Deutsche Bank AG now owns 37,431 shares of the bank’s stock worth $764,000 after buying an additional 14,152 shares in the last quarter. SG Americas Securities LLC purchased a new stake in LCNB in the 1st quarter worth $122,000. Dimensional Fund Advisors LP increased its stake in LCNB by 41.1% in the 1st quarter. Dimensional Fund Advisors LP now owns 129,016 shares of the bank’s stock worth $2,451,000 after buying an additional 37,612 shares in the last quarter. Millennium Management LLC purchased a new stake in LCNB in the 1st quarter worth $547,000. Finally, Bessemer Group Inc. increased its stake in LCNB by 92.9% in the 2nd quarter. Bessemer Group Inc. now owns 8,100 shares of the bank’s stock worth $160,000 after buying an additional 3,900 shares in the last quarter. Institutional investors and hedge funds own 28.26% of the company’s stock.

Shares of NASDAQ:LCNB traded up $0.05 during midday trading on Friday, hitting $18.90. The company had a trading volume of 18,800 shares, compared to its average volume of 16,099. The company has a debt-to-equity ratio of 0.13, a current ratio of 0.86 and a quick ratio of 0.86. The firm has a market capitalization of $244.05 million, a price-to-earnings ratio of 14.92 and a beta of 0.29. LCNB has a 12-month low of $17.93 and a 12-month high of $22.84.

LCNB (NASDAQ:LCNB) last posted its quarterly earnings data on Friday, July 20th. The bank reported $0.31 EPS for the quarter, missing the consensus estimate of $0.32 by ($0.01). The company had revenue of $14.16 million during the quarter, compared to analysts’ expectations of $14.45 million. LCNB had a return on equity of 8.04% and a net margin of 19.98%. equities research analysts expect that LCNB will post 1.5 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Monday, September 17th. Stockholders of record on Tuesday, September 4th will be paid a $0.16 dividend. The ex-dividend date of this dividend is Friday, August 31st. This represents a $0.64 annualized dividend and a dividend yield of 3.39%. LCNB’s dividend payout ratio (DPR) is 50.39%.

LCNB Company Profile

LCNB Corp., a financial holding company, provides commercial and personal banking services in Ohio. Its deposit products include checking, NOW, savings, Christmas and vacation club, money market deposit, lifetime checking, and individual retirement accounts, as well as certificates of deposit. The company's loan portfolio comprises commercial and industrial, commercial and residential real estate, agricultural, construction, small business administration, and residential mortgage loans.

Read More: Stock Symbols and CUSIP Explained

Get a free copy of the Zacks research report on LCNB (LCNB)

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

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