62,500 Shares in Commercial Bancgroup, Inc. $CBK Purchased by Rosenthal Henry Capital Advisors Inc.

Key Points

• Rosenthal Henry Capital Advisors purchased a new position of 62,500 shares (~$1.535M), representing about 0.51% of Commercial Bancgroup, while several other funds (notably Community Trust & Investment) also established multi‑million dollar Q4 positions.
• Analyst views are mixed: Weiss Ratings reiterated a "sell" rating, but MarketBeat shows an average of "Moderate Buy" with one Strong Buy and one Sell on record.
• The stock trades near its 52‑week high (~$29.18) with a market cap around $400M and a P/E of ~19.6; the company reported $0.72 EPS for the quarter and pays a $0.10 quarterly dividend (annual yield ~1.4%).

Rosenthal Henry Capital Advisors Inc. purchased a new position in Commercial Bancgroup, Inc. (NASDAQ:CBK - Free Report) in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 62,500 shares of the company's stock, valued at approximately $1,535,000. Rosenthal Henry Capital Advisors Inc. owned approximately 0.51% of Commercial Bancgroup as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also bought and sold shares of the company. Phocas Financial Corp. acquired a new position in Commercial Bancgroup in the fourth quarter worth about $3,607,000. Daytona Street Capital LLC acquired a new position in Commercial Bancgroup in the fourth quarter worth about $381,000. Community Trust & Investment Co. acquired a new position in Commercial Bancgroup in the fourth quarter worth about $9,161,000. Finally, SG Americas Securities LLC acquired a new position in Commercial Bancgroup in the fourth quarter worth about $153,000.

Analysts Set New Price Targets

Separately, Weiss Ratings reiterated a "sell (e)" rating on shares of Commercial Bancgroup in a research note on Wednesday, March 25th. One analyst has rated the stock with a Strong Buy rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company has an average rating of "Moderate Buy".

Commercial Bancgroup Stock Down 1.6%

Shares of NASDAQ:CBK opened at $29.18 on Wednesday. The company has a current ratio of 1.05, a quick ratio of 1.05 and a debt-to-equity ratio of 0.28. Commercial Bancgroup, Inc. has a fifty-two week low of $23.24 and a fifty-two week high of $29.89. The firm's 50-day simple moving average is $26.40. The company has a market cap of $399.77 million and a P/E ratio of 19.58.

Commercial Bancgroup (NASDAQ:CBK - Get Free Report) last posted its earnings results on Monday, January 26th. The company reported $0.72 EPS for the quarter. The company had revenue of $23.48 million for the quarter.

Commercial Bancgroup Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Stockholders of record on Sunday, March 15th were issued a dividend of $0.10 per share. The ex-dividend date of this dividend was Friday, March 13th. This represents a $0.40 annualized dividend and a dividend yield of 1.4%. Commercial Bancgroup's dividend payout ratio is 26.85%.

Commercial Bancgroup Company Profile

We are a bank holding company headquartered in Harrogate, Tennessee, and have elected under the Bank Holding Company Act of 1956, as amended (the “BHC Act”), to become a financial holding company. We were incorporated in Tennessee in 1975, and we operate primarily through our wholly owned bank subsidiary, Commercial Bank, a Tennessee banking corporation organized in 1976. The Bank is a full-service community banking institution that offers traditional consumer and commercial products and services to serve businesses and individuals in select markets in Kentucky, North Carolina, and Tennessee.

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