Rhumbline Advisers lifted its position in shares of Central Valley Community Bancorp (NASDAQ:CVCY) by 45.1% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 16,135 shares of the financial services provider’s stock after buying an additional 5,017 shares during the quarter. Rhumbline Advisers’ holdings in Central Valley Community Bancorp were worth $304,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Walthausen & Co. LLC acquired a new stake in shares of Central Valley Community Bancorp in the third quarter worth approximately $1,332,000. Northern Trust Corp boosted its position in shares of Central Valley Community Bancorp by 12.5% in the second quarter. Northern Trust Corp now owns 119,296 shares of the financial services provider’s stock worth $2,525,000 after acquiring an additional 13,232 shares during the last quarter. Dalton Greiner Hartman Maher & Co. lifted its position in Central Valley Community Bancorp by 109.6% during the fourth quarter. Dalton Greiner Hartman Maher & Co. now owns 153,121 shares of the financial services provider’s stock valued at $2,889,000 after buying an additional 80,082 shares in the last quarter. Dimensional Fund Advisors LP lifted its position in Central Valley Community Bancorp by 10.6% during the third quarter. Dimensional Fund Advisors LP now owns 303,324 shares of the financial services provider’s stock valued at $6,555,000 after buying an additional 29,134 shares in the last quarter. Finally, Elizabeth Park Capital Advisors Ltd. acquired a new position in Central Valley Community Bancorp during the third quarter valued at approximately $8,409,000. Institutional investors and hedge funds own 46.68% of the company’s stock.

CVCY has been the topic of a number of recent research reports. Zacks Investment Research cut shares of Central Valley Community Bancorp from a “buy” rating to a “hold” rating in a research report on Tuesday, December 18th. BidaskClub cut shares of Central Valley Community Bancorp from a “hold” rating to a “sell” rating in a research report on Friday, February 15th.

Shares of CVCY opened at $19.64 on Monday. The firm has a market cap of $269.31 million, a PE ratio of 12.75, a PEG ratio of 1.50 and a beta of 0.26. Central Valley Community Bancorp has a 1 year low of $15.66 and a 1 year high of $22.34. The company has a debt-to-equity ratio of 0.02, a current ratio of 0.74 and a quick ratio of 0.74.

Central Valley Community Bancorp (NASDAQ:CVCY) last issued its quarterly earnings results on Wednesday, January 23rd. The financial services provider reported $0.38 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.39 by ($0.01). Central Valley Community Bancorp had a net margin of 28.57% and a return on equity of 9.99%. The business had revenue of $18.38 million during the quarter, compared to analyst estimates of $18.20 million. On average, analysts anticipate that Central Valley Community Bancorp will post 1.64 earnings per share for the current year.

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Central Valley Community Bancorp Profile

Central Valley Community Bancorp operates as the bank holding company for the Central Valley Community Bank that provides various commercial banking services to individuals, and small and middle market businesses. The company accepts deposit products, such as interest-bearing deposits comprising savings, NOW, and money market accounts, as well as time certificates of deposit; and non-interest bearing demand deposits.

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Institutional Ownership by Quarter for Central Valley Community Bancorp (NASDAQ:CVCY)

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