Barclays PLC Has $424,000 Stock Holdings in Community West Bancshares (NASDAQ:CWBC)

Barclays PLC raised its stake in shares of Community West Bancshares (NASDAQ:CWBC) by 228.5% during the third quarter, Holdings Channel reports. The firm owned 22,057 shares of the financial services provider’s stock after buying an additional 15,343 shares during the period. Barclays PLC’s holdings in Community West Bancshares were worth $424,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of CWBC. Geode Capital Management LLC lifted its position in shares of Community West Bancshares by 6.7% during the 3rd quarter. Geode Capital Management LLC now owns 389,248 shares of the financial services provider’s stock worth $7,499,000 after buying an additional 24,294 shares during the period. State Street Corp lifted its holdings in shares of Community West Bancshares by 12.9% during the third quarter. State Street Corp now owns 251,944 shares of the financial services provider’s stock valued at $4,852,000 after acquiring an additional 28,695 shares during the period. Systematic Financial Management LP lifted its holdings in shares of Community West Bancshares by 11.9% during the third quarter. Systematic Financial Management LP now owns 292,810 shares of the financial services provider’s stock valued at $5,640,000 after acquiring an additional 31,075 shares during the period. Fourthstone LLC boosted its stake in shares of Community West Bancshares by 8.7% in the 3rd quarter. Fourthstone LLC now owns 1,868,778 shares of the financial services provider’s stock valued at $35,993,000 after purchasing an additional 149,506 shares in the last quarter. Finally, Empowered Funds LLC grew its holdings in shares of Community West Bancshares by 5.4% in the 3rd quarter. Empowered Funds LLC now owns 76,458 shares of the financial services provider’s stock worth $1,473,000 after purchasing an additional 3,886 shares during the last quarter. 33.80% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Separately, Keefe, Bruyette & Woods lifted their price target on shares of Community West Bancshares from $21.00 to $24.00 and gave the company a “market perform” rating in a report on Wednesday, December 4th.

Insider Activity at Community West Bancshares

In other news, Director Robert Bartlein bought 2,000 shares of the company’s stock in a transaction dated Friday, November 1st. The stock was bought at an average price of $18.75 per share, for a total transaction of $37,500.00. Following the completion of the transaction, the director now directly owns 433,876 shares in the company, valued at $8,135,175. The trade was a 0.46 % increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, Director Steven D. Mcdonald sold 1,860 shares of the company’s stock in a transaction on Monday, December 16th. The shares were sold at an average price of $21.51, for a total value of $40,008.60. Following the transaction, the director now directly owns 315,531 shares in the company, valued at $6,787,071.81. This trade represents a 0.59 % decrease in their position. The disclosure for this sale can be found here. Insiders acquired 2,432 shares of company stock valued at $45,616 over the last ninety days. 11.15% of the stock is owned by insiders.

Community West Bancshares Trading Up 1.2 %

CWBC stock opened at $18.90 on Friday. The business has a fifty day moving average price of $20.29 and a 200 day moving average price of $19.71. The company has a debt-to-equity ratio of 0.19, a current ratio of 0.82 and a quick ratio of 0.82. Community West Bancshares has a fifty-two week low of $15.50 and a fifty-two week high of $24.47. The stock has a market capitalization of $358.16 million, a price-to-earnings ratio of 28.64 and a beta of 0.92.

Community West Bancshares Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, November 22nd. Stockholders of record on Friday, November 8th were paid a $0.12 dividend. The ex-dividend date was Friday, November 8th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 2.54%. Community West Bancshares’s dividend payout ratio (DPR) is presently 72.73%.

About Community West Bancshares

Community West Bancshares operates as the bank holding company for Community West Bank, N.A. that provides various financial products and services in California. The company offers deposit products, such as checking accounts, savings accounts, money market accounts, and fixed rate and fixed maturity certificates of deposits; and cash management products.