2 weeks Ago By ABMN Staff
Rhumbline Advisers acquired a new stake in Southern California Bancorp ( NASDAQ:BCAL – Free Report ) during the 2nd quarter, according to its most recent filing with the SEC. The institutional investor acquired 12,292 shares of the company’s stock, valued at approximately $166,000. Several other large investors also recently modified their holdings of the stock.
Hennessy Advisors Inc. acquired a new stake in shares of Southern California Bancorp in the 1st quarter valued at $1,700,000. Bank of New York Mellon Corp bought a new position in Southern California Bancorp during the 2nd quarter valued at about $461,000.
Finally, Mesirow Financial Investment Management Inc. acquired a new position in Southern California Bancorp in the first quarter valued at about $159,000. 55.
40% of the stock is currently owned by institutional investors. Analyst Ratings Changes Separately, Keefe, Bruyette & Woods decreased their target price on Southern California Bancorp from $23.00 to $19.
00 and set an “outperform” rating on the stock in a report on Friday, August 2nd. Southern California Bancorp Stock Performance Shares of NASDAQ:BCAL opened at $14.69 on Monday.
The company has a 50 day moving average price of $14.71 and a two-hundred day moving average price of $14.26.
The company has a market capitalization of $272.35 million, a PE ratio of 12.14 and a beta of 0.
74. Southern California Bancorp has a 52 week low of $12.30 and a 52 week high of $18.
00. Southern California Bancorp ( NASDAQ:BCAL – Get Free Report ) last released its earnings results on Monday, August 12th. The company reported $0.
03 earnings per share (EPS) for the quarter. The firm had revenue of $22.18 million during the quarter.
Southern California Bancorp had a return on equity of 5.92% and a net margin of 12.34%.
On average, sell-side analysts forecast that Southern California Bancorp will post 1.05 earnings per share for the current year. Insider Buying and Selling at Southern California Bancorp In other Southern California Bancorp news, Director Lester Machado sold 10,000 shares of the company’s stock in a transaction that occurred on Tuesday, August 20th.
The stock was sold at an average price of $14.37, for a total value of $143,700.00.
Following the sale, the director now owns 15,437 shares in the company, valued at $221,829.69. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link .
Corporate insiders own 19.64% of the company’s stock. About Southern California Bancorp ( Free Report ) Southern California Bancorp operates as the holding company for Bank of Southern California, N.
A. that provides various financial products to individuals, professionals, and small-to medium-sized businesses. The company offers checking, personal and business savings, and money market accounts, as well as certificates of deposit.
See Also Want to see what other hedge funds are holding BCAL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Southern California Bancorp ( NASDAQ:BCAL – Free Report ). Receive News & Ratings for Southern California Bancorp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Southern California Bancorp and related companies with MarketBeat.
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