Commerce Union Bancshares, Inc. (NASDAQ:CUBN)‘s stock had its “hold” rating reiterated by equities researchers at Keefe, Bruyette & Woods in a research note issued on Wednesday. They presently have a $24.00 price objective on the bank’s stock. Keefe, Bruyette & Woods’ price target suggests a potential upside of 2.52% from the stock’s current price.

Other equities research analysts also recently issued research reports about the company. ValuEngine downgraded Commerce Union Bancshares from a “buy” rating to a “hold” rating in a report on Wednesday, September 6th. Hovde Group initiated coverage on Commerce Union Bancshares in a report on Wednesday, October 11th. They issued an “outperform” rating and a $26.50 target price for the company.

Shares of Commerce Union Bancshares (NASDAQ:CUBN) traded down $0.31 during trading hours on Wednesday, reaching $23.41. The company had a trading volume of 6,489 shares, compared to its average volume of 5,649. The stock has a market cap of $217.25 million, a P/E ratio of 23.15 and a beta of 0.45.

Commerce Union Bancshares (NASDAQ:CUBN) last released its earnings results on Wednesday, October 25th. The bank reported $0.25 EPS for the quarter, meeting analysts’ consensus estimates of $0.25. Commerce Union Bancshares had a return on equity of 7.58% and a net margin of 18.50%. The company had revenue of $11.18 million during the quarter.

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Several large investors have recently added to or reduced their stakes in CUBN. Northern Trust Corp acquired a new position in shares of Commerce Union Bancshares during the 2nd quarter worth $1,722,000. State Street Corp acquired a new position in shares of Commerce Union Bancshares during the 2nd quarter worth $1,719,000. Bank of New York Mellon Corp acquired a new position in shares of Commerce Union Bancshares during the 2nd quarter worth $470,000. TIAA CREF Investment Management LLC acquired a new position in shares of Commerce Union Bancshares during the 2nd quarter worth $435,000. Finally, Vanguard Group Inc. raised its stake in shares of Commerce Union Bancshares by 7.4% during the 2nd quarter. Vanguard Group Inc. now owns 211,553 shares of the bank’s stock worth $5,050,000 after buying an additional 14,650 shares during the last quarter. 15.41% of the stock is owned by institutional investors and hedge funds.

About Commerce Union Bancshares

Commerce Union Bancshares, Inc serves as the bank holding company for Reliant Bank. The Company has two segments: Retail Banking and Residential Mortgage Banking. Retail Banking provides deposit and lending services to consumer and business customers within its primary geographic markets. Its customers are serviced through branch locations, automated teller machines (ATMs), online banking and mobile banking.

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