Great West Life Assurance Co. Can continued to hold its position in CVB Financial Corp. (NASDAQ:CVBF) during the second quarter, Holdings Channel reports. The fund owned 9,541 shares of the financial services provider’s stock at the end of the second quarter. Great West Life Assurance Co. Can’s holdings in CVB Financial Corp. were worth $166,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in CVBF. Goldman Sachs Group Inc. raised its position in CVB Financial Corp. by 11.1% in the first quarter. Goldman Sachs Group Inc. now owns 3,533,379 shares of the financial services provider’s stock worth $61,657,000 after buying an additional 352,730 shares during the last quarter. Silvercrest Asset Management Group LLC raised its position in CVB Financial Corp. by 2.8% in the first quarter. Silvercrest Asset Management Group LLC now owns 3,019,317 shares of the financial services provider’s stock worth $52,687,000 after buying an additional 83,270 shares during the last quarter. BlackRock Institutional Trust Company N.A. raised its position in CVB Financial Corp. by 1.9% in the first quarter. BlackRock Institutional Trust Company N.A. now owns 2,583,867 shares of the financial services provider’s stock worth $45,088,000 after buying an additional 47,590 shares during the last quarter. Bank of New York Mellon Corp raised its position in CVB Financial Corp. by 1.0% in the second quarter. Bank of New York Mellon Corp now owns 2,425,306 shares of the financial services provider’s stock worth $39,752,000 after buying an additional 24,449 shares during the last quarter. Finally, Loomis Sayles & Co. L P raised its position in CVB Financial Corp. by 1.6% in the first quarter. Loomis Sayles & Co. L P now owns 998,305 shares of the financial services provider’s stock worth $17,420,000 after buying an additional 16,188 shares during the last quarter. 65.42% of the stock is currently owned by hedge funds and other institutional investors.

Shares of CVB Financial Corp. (NASDAQ:CVBF) traded up 0.71% during trading on Monday, reaching $17.08. The company had a trading volume of 355,670 shares. CVB Financial Corp. has a 52-week low of $14.02 and a 52-week high of $18.77. The firm has a market capitalization of $1.84 billion, a P/E ratio of 17.45 and a beta of 1.57. The company has a 50 day moving average of $17.10 and a 200-day moving average of $16.93.

CVB Financial Corp. (NASDAQ:CVBF) last announced its quarterly earnings results on Wednesday, July 20th. The financial services provider reported $0.23 earnings per share for the quarter, missing analysts’ consensus estimates of $0.24 by $0.01. CVB Financial Corp. had a net margin of 34.99% and a return on equity of 11.07%. During the same period in the prior year, the firm earned $0.25 earnings per share. Equities analysts expect that CVB Financial Corp. will post $0.94 earnings per share for the current year.

A number of research analysts recently issued reports on CVBF shares. Hovde Group started coverage on CVB Financial Corp. in a report on Wednesday, June 22nd. They set a “market perform” rating and a $17.00 target price on the stock. Zacks Investment Research raised CVB Financial Corp. from a “sell” rating to a “hold” rating in a report on Monday, July 4th.

In other CVB Financial Corp. news, CEO Christopher D. Myers sold 25,000 shares of the business’s stock in a transaction on Wednesday, August 10th. The stock was sold at an average price of $17.00, for a total value of $425,000.00. Following the transaction, the chief executive officer now owns 355,052 shares of the company’s stock, valued at $6,035,884. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, EVP David A. Brager sold 8,000 shares of the business’s stock in a transaction on Monday, August 15th. The stock was sold at an average price of $17.08, for a total value of $136,640.00. Following the completion of the transaction, the executive vice president now directly owns 25,113 shares in the company, valued at approximately $428,930.04. The disclosure for this sale can be found here. 7.80% of the stock is owned by company insiders.

About CVB Financial Corp.

CVB Financial Corp. is the bank holding company for Citizens Business Bank (the Bank). The Bank’s segments include Business Financial and Commercial Banking Centers (Centers), Treasury and Others. The Company’s all administrative and other smaller operating departments are combined into the Other segment.

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