Prime Capital Investment Advisors LLC bought a new stake in Central Bancompany (NASDAQ:CBC – Free Report) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 124,000 shares of the company’s stock, valued at approximately $2,991,000. Prime Capital Investment Advisors LLC owned approximately 0.05% of Central Bancompany as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of analysts recently commented on the stock. Piper Sandler upped their price objective on shares of Central Bancompany from $28.00 to $30.00 and gave the company an “overweight” rating in a research report on Wednesday, January 28th. Keefe, Bruyette & Woods lifted their target price on Central Bancompany from $26.00 to $27.50 and gave the stock a “market perform” rating in a report on Wednesday, January 28th. Weiss Ratings restated a “buy (b-)” rating on shares of Central Bancompany in a report on Wednesday, March 25th. Wall Street Zen lowered Central Bancompany from a “hold” rating to a “sell” rating in a research report on Saturday, March 28th. Finally, Stephens began coverage on Central Bancompany in a report on Friday, March 27th. They set an “overweight” rating and a $28.00 price objective on the stock. Four investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $28.63.
Check Out Our Latest Research Report on CBC
NASDAQ:CBC opened at $24.70 on Friday. The firm has a fifty day moving average price of $24.27. Central Bancompany has a 1-year low of $21.99 and a 1-year high of $25.51.
Central Bancompany (NASDAQ:CBC – Get Free Report) last issued its earnings results on Tuesday, January 27th. The company reported $0.47 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.46 by $0.01. The firm had revenue of $272.23 million during the quarter, compared to the consensus estimate of $265.55 million.
The business also recently disclosed a quarterly dividend, which was paid on Monday, March 2nd. Shareholders of record on Friday, February 20th were issued a $0.12 dividend. This represents a $0.48 annualized dividend and a dividend yield of 1.9%. The ex-dividend date was Friday, February 20th.
In related news, CEO John Thomas Ross purchased 40,000 shares of the stock in a transaction on Friday, February 6th. The shares were purchased at an average cost of $24.50 per share, with a total value of $980,000.00. Following the acquisition, the chief executive officer directly owned 82,000 shares in the company, valued at $2,009,000. The trade was a 95.24% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through this link.
Central Bancompany NASDAQ: CBC is a bank holding company that provides a range of banking and financial services through its subsidiary banks and nonbank affiliates. Headquartered in Jefferson City, Missouri, the company offers traditional deposit and lending products to individuals and businesses, including checking and savings accounts, certificates of deposit, consumer and commercial loans, and mortgage origination and servicing. Its operations emphasize relationship banking for local and regional customers.
In addition to core banking activities, Central Bancompany offers treasury and cash management services, online and mobile banking, and wealth management and trust services designed to support personal and business financial planning.
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