Today’s Market Runner: Pro-Xenith Bankshares Inc Institutional Investors Sentiment Runs High in 2016 Q2

November 16, 2016 - By Nellie Frank   ·   0 Comments

Today's Market Runner: Pro Xenith Bankshares Inc Institutional Investors Sentiment Runs High in  2016 Q2

Sentiment for Xenith Bankshares Inc (NASDAQ:XBKS)

Xenith Bankshares Inc (NASDAQ:XBKS) institutional sentiment increased to 2.33 in 2016 Q2. Its up 0.76, from 1.57 in 2016Q1. The ratio is positive, as 14 funds increased or started new positions, while 6 sold and reduced their stock positions in Xenith Bankshares Inc. The funds in our partner’s database now possess: 3.49 million shares, down from 3.78 million shares in 2016Q1. Also, the number of funds holding Xenith Bankshares Inc in their top 10 positions was flat from 0 to 0 for the same number . Sold All: 4 Reduced: 2 Increased: 8 New Position: 6.

Xenith Bankshares, Inc., formerly Hampton Roads Bankshares, Inc., is the bank holding firm for Xenith Bank . The company has a market cap of $563.14 million. The Bank is a commercial bank targeting the banking needs of middle market and small businesses, local real estate developers and investors, private banking clients, and select retail banking clients. It has a 4.46 P/E ratio. The Bank operates a loan production office in Newport News, Virginia.

The stock decreased 4.00% or $0.1 during the last trading session, hitting $2.4. Xenith Bankshares Inc (NASDAQ:XBKS) has risen 42.01% since April 14, 2016 and is uptrending. It has outperformed by 37.33% the S&P500.

According to Zacks Investment Research, “Xenith Bankshares, Inc. operates as the bank holding company which provides community and commercial banking services primarily to individuals and small to medium-sized businesses. Its services and products consist of deposits, loans, checking, savings and treasury products, automated clearing house transactions, debit cards, 24-hour automated teller machine access, Internet and mobile banking, and bill pay service. Xenith Bankshares, Inc. is headquartered in Richmond, Virginia.”

Jcsd Capital Llc holds 1.15% of its portfolio in Xenith Bankshares Inc for 131,253 shares. Maltese Capital Management Llc owns 933,000 shares or 0.93% of their US portfolio. Moreover, Heritage Wealth Advisors has 0.35% invested in the company for 65,135 shares. The Illinois-based Banc Funds Co Llc has invested 0.32% in the stock. Wills Financial Group Inc., a Virginia-based fund reported 19,700 shares.#img1#

XBKS Company Profile

Xenith Bankshares, Inc., formerly Hampton Roads Bankshares, Inc., incorporated on March 18, 2011, is the bank holding firm for Xenith Bank (the Bank). The Bank is a commercial bank targeting the banking needs of middle market and small businesses, local real estate developers and investors, private banking clients, and select retail banking clients. As of March 31, 2016, the Company, through the Bank, operates eight branches, with one branch located in Herndon, Virginia, two branches located in Richmond, Virginia, three branches located in Suffolk, Virginia, and two branches in Gloucester, Virginia. It also operates a loan production office in Newport News, Virginia. The Company’s services and products consist primarily of taking deposits from, and making loans to, its target clients within its target markets. The Bank offers a range of checking, savings and treasury products, including remote deposit capture, automated clearing house transactions, debit cards, 24-hour automated teller machine (ATM) access, Internet and mobile banking, and bill pay service.

More notable recent Xenith Bankshares Inc (NASDAQ:XBKS) news were published by: Globenewswire.com which released: “Xenith Bankshares, Inc. Announces Plans to Cease Operations of its Mortgage …” on September 16, 2016, also Globenewswire.com with their article: “Hampton Roads Bankshares, Inc. and Xenith Bankshares, Inc. Announce Completion …” published on July 29, 2016, Globenewswire.com published: “Xenith Bankshares, Inc. Announces Closing of Sale of Certain Assets of its …” on October 17, 2016. More interesting news about Xenith Bankshares Inc (NASDAQ:XBKS) were released by: Globenewswire.com and their article: “Hampton Roads Bankshares, Inc. and Xenith Bankshares, Inc. Receive Regulatory …” published on July 12, 2016 as well as Globenewswire.com‘s news article titled: “Xenith Bankshares, Inc. Announces Completion of Colonial Virginia Bank Acquisition” with publication date: July 01, 2014.

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By Nellie Frank


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