Barclays PLC Buys 23,499 Shares of Southern California Bancorp (NASDAQ:BCAL)

Barclays PLC raised its position in shares of Southern California Bancorp (NASDAQ:BCAL) by 177.3% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 36,756 shares of the company’s stock after acquiring an additional 23,499 shares during the quarter. Barclays PLC’s holdings in Southern California Bancorp were worth $544,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in BCAL. ELCO Management Co. LLC lifted its stake in shares of Southern California Bancorp by 25.2% in the 2nd quarter. ELCO Management Co. LLC now owns 26,748 shares of the company’s stock valued at $360,000 after purchasing an additional 5,380 shares during the period. The Manufacturers Life Insurance Company raised its holdings in Southern California Bancorp by 2.4% in the second quarter. The Manufacturers Life Insurance Company now owns 267,898 shares of the company’s stock worth $3,609,000 after purchasing an additional 6,266 shares in the last quarter. SG Americas Securities LLC purchased a new position in Southern California Bancorp during the third quarter valued at $123,000. Endeavour Capital Advisors Inc. boosted its holdings in shares of Southern California Bancorp by 0.8% during the 2nd quarter. Endeavour Capital Advisors Inc. now owns 1,131,513 shares of the company’s stock valued at $15,241,000 after buying an additional 8,521 shares in the last quarter. Finally, Empowered Funds LLC purchased a new stake in shares of Southern California Bancorp in the 3rd quarter worth about $160,000. Hedge funds and other institutional investors own 55.40% of the company’s stock.

Southern California Bancorp Price Performance

Shares of Southern California Bancorp stock opened at $16.27 on Friday. Southern California Bancorp has a 1 year low of $12.30 and a 1 year high of $18.49. The company has a 50-day moving average of $16.84 and a 200 day moving average of $15.20. The firm has a market cap of $523.32 million, a price-to-earnings ratio of -203.38 and a beta of 1.04.

About Southern California Bancorp

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.