Central Valley Community Bancorp (NASDAQ:CVCY) rose 2.1% on Monday . The company traded as high as $16.07 and last traded at $15.27, with a volume of 114,418 shares changing hands. The stock had previously closed at $14.95.

CVCY has been the subject of a number of research analyst reports. Sandler O’Neill raised Central Valley Community Bancorp from a “hold” rating to a “buy” rating in a research report on Thursday, April 21st. Zacks Investment Research upgraded Central Valley Community Bancorp from a “hold” rating to a “buy” rating and set a $17.00 price target on the stock in a report on Thursday, July 21st. Finally, Keefe, Bruyette & Woods downgraded Central Valley Community Bancorp from an “outperform” rating to a “market perform” rating and lifted their price target for the company from $14.00 to $16.00 in a report on Friday, July 22nd.

The stock’s 50-day moving average price is $14.18 and its 200 day moving average price is $12.55. The company has a market cap of $168.62 million and a price-to-earnings ratio of 11.25.

Central Valley Community Bancorp (NASDAQ:CVCY) last posted its quarterly earnings results on Wednesday, July 20th. The financial services provider reported $0.55 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.38 by $0.17. Analysts anticipate that Central Valley Community Bancorp will post $1.32 earnings per share for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Friday, August 19th. Shareholders of record on Friday, August 5th will be paid a $0.06 dividend. This represents a $0.24 dividend on an annualized basis and a yield of 1.57%. The ex-dividend date of this dividend is Wednesday, August 3rd.

In other Central Valley Community Bancorp news, Director Joseph B. Weirick sold 2,000 shares of the firm’s stock in a transaction on Monday, August 1st. The stock was sold at an average price of $15.21, for a total value of $30,420.00. Following the sale, the director now directly owns 42,765 shares in the company, valued at $650,455.65. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link.

Central Valley Community Bancorp is a bank holding company, which operates through its subsidiary, Central Valley Community Bank (the Bank). The Company’s principal business is to provide, through its banking subsidiary, financial services in its primary market area in California. It serves over seven contiguous counties in California’s central valley, including Fresno County, Madera County, Merced County, Sacramento County, San Joaquin County, Stanislaus County, and Tulare County, and surrounding areas through the Bank.

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