StockNews.com started coverage on shares of CB Financial Services (NASDAQ:CBFV – Get Rating) in a report published on Sunday morning. The brokerage issued a hold rating on the bank's stock.

A number of other equities analysts have also recently issued reports on the stock. TheStreet cut shares of CB Financial Services from a b rating to a c+ rating in a report on Tuesday, May 24th. DA Davidson reaffirmed a neutral rating on shares of CB Financial Services in a report on Wednesday, July 27th.

CB Financial Services Stock Performance

Shares of NASDAQ CBFV opened at $22.33 on Friday. The company has a quick ratio of 0.87, a current ratio of 0.87 and a debt-to-equity ratio of 0.15. The firm's 50-day moving average price is $22.56 and its two-hundred day moving average price is $22.78. CB Financial Services has a 52-week low of $20.49 and a 52-week high of $26.80. The stock has a market capitalization of $114.08 million, a P/E ratio of 9.79 and a beta of 0.64.

CB Financial Services Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, August 31st. Stockholders of record on Friday, August 19th were issued a dividend of $0.24 per share. The ex-dividend date of this dividend was Thursday, August 18th. This represents a $0.96 dividend on an annualized basis and a dividend yield of 4.30%. CB Financial Services's dividend payout ratio (DPR) is presently 42.11%.

Institutional Investors Weigh In On CB Financial Services

A number of hedge funds have recently made changes to their positions in the business. American Century Companies Inc. increased its stake in shares of CB Financial Services by 28.7% during the first quarter. American Century Companies Inc. now owns 15,928 shares of the bank's stock valued at $375,000 after acquiring an additional 3,552 shares during the period. Vanguard Group Inc. increased its stake in shares of CB Financial Services by 0.3% during the first quarter. Vanguard Group Inc. now owns 185,433 shares of the bank's stock valued at $4,451,000 after acquiring an additional 495 shares during the period. The Manufacturers Life Insurance Company increased its stake in shares of CB Financial Services by 1.8% during the first quarter. The Manufacturers Life Insurance Company now owns 157,095 shares of the bank's stock valued at $3,700,000 after acquiring an additional 2,742 shares during the period. Finally, State Street Corp increased its stake in shares of CB Financial Services by 10.2% during the second quarter. State Street Corp now owns 11,641 shares of the bank's stock valued at $266,000 after acquiring an additional 1,080 shares during the period. Institutional investors own 28.86% of the company's stock.

About CB Financial Services

(Get Rating)

CB Financial Services, Inc operates as the bank holding company for Community Bank that provides various banking products and services for individuals and businesses in southwestern Pennsylvania, West Virginia, and Ohio. The company's primary deposit products include demand deposits, NOW accounts, money market accounts, and savings accounts, as well as time deposit products.

Featured Articles

• Get a free copy of the StockNews.com research report on CB Financial Services (CBFV)
• 3 Airline Stocks Stuck in a Holding Pattern
• Roku Stock is Down but Not Out
• Is Ford Rolling To A Rebound After Its Q3 Warning
• If You're Hungry for Value, Take a Bite on Ruth's Hospitality Grp
• Has AMD stock stock fallen too far?

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