Mendon Capital Advisors Corp Decreases Position in Community Bankers Trust Corp (NASDAQ:ESXB)
Mendon Capital Advisors Corp decreased its stake in Community Bankers Trust Corp (NASDAQ:ESXB) by 17.0% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 52,268 shares of the financial services provider’s stock after selling 10,712 shares during the period. Mendon Capital Advisors Corp’s holdings in Community Bankers Trust were worth $443,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors also recently modified their holdings of the company. BNP Paribas Arbitrage SA boosted its position in shares of Community Bankers Trust by 538.4% in the first quarter. BNP Paribas Arbitrage SA now owns 4,552 shares of the financial services provider’s stock worth $33,000 after buying an additional 3,839 shares during the period. SG Americas Securities LLC purchased a new stake in shares of Community Bankers Trust in the first quarter worth about $75,000. Bank of America Corp DE boosted its position in shares of Community Bankers Trust by 62.4% in the fourth quarter. Bank of America Corp DE now owns 14,079 shares of the financial services provider’s stock worth $102,000 after buying an additional 5,410 shares during the period. Acadian Asset Management LLC boosted its position in shares of Community Bankers Trust by 30.6% in the second quarter. Acadian Asset Management LLC now owns 21,965 shares of the financial services provider’s stock worth $186,000 after buying an additional 5,144 shares during the period. Finally, Eidelman Virant Capital purchased a new stake in shares of Community Bankers Trust in the first quarter worth about $224,000.
Shares of NASDAQ ESXB traded up $0.10 on Friday, hitting $8.64. The company had a trading volume of 330 shares, compared to its average volume of 23,881. Community Bankers Trust Corp has a 12-month low of $6.62 and a 12-month high of $9.31. The business has a 50 day moving average of $7.80 and a two-hundred day moving average of $7.71.
The firm also recently declared a quarterly dividend, which will be paid on Tuesday, October 1st. Investors of record on Friday, September 20th will be paid a $0.03 dividend. This represents a $0.12 annualized dividend and a dividend yield of 1.39%. The ex-dividend date of this dividend is Thursday, September 19th. Community Bankers Trust’s dividend payout ratio (DPR) is 18.75%.
In related news, COO Jeffery Richard Cantrell sold 34,275 shares of the business’s stock in a transaction dated Wednesday, July 31st. The stock was sold at an average price of $7.91, for a total value of $271,115.25. Following the transaction, the chief operating officer now owns 30,150 shares in the company, valued at $238,486.50. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, EVP John M. Oakey III sold 20,000 shares of the business’s stock in a transaction dated Wednesday, August 7th. The stock was sold at an average price of $7.57, for a total value of $151,400.00. Following the completion of the transaction, the executive vice president now owns 38,000 shares in the company, valued at approximately $287,660. The disclosure for this sale can be found here. In the last quarter, insiders purchased 1,908 shares of company stock worth $14,809.
Community Bankers Trust Company Profile
Community Bankers Trust Corporation operates as the holding company for the Essex Bank that provides financial services primarily to individuals and small businesses. It offers individual and commercial demand and time deposit accounts; and commercial and industrial loans, consumer and small business loans, and real estate and mortgage loans.
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