Community West Bancshares (NASDAQ:CWBC) Director Robert Bartlein Acquires 1,000 Shares

Community West Bancshares (NASDAQ:CWBC) Director Robert Bartlein acquired 1,000 shares of Community West Bancshares stock in a transaction on Thursday, March 13th. The shares were bought at an average cost of $17.86 per share, with a total value of $17,860.00. Following the completion of the purchase, the director now owns 436,876 shares in the company, valued at $7,802,605.36. The trade was a 0.23 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which can be accessed through this link.

Robert Bartlein also recently made the following trade(s):

• On Thursday, March 6th, Robert Bartlein bought 1,000 shares of Community West Bancshares stock. The shares were acquired at an average cost of $18.50 per share, with a total value of $18,500.00.
• On Thursday, February 20th, Robert Bartlein bought 1,000 shares of Community West Bancshares stock. The shares were acquired at an average cost of $18.80 per share, with a total value of $18,800.00.

Community West Bancshares Price Performance

Shares of CWBC traded down $0.15 on Thursday, reaching $17.81. The stock had a trading volume of 36,567 shares, compared to its average volume of 52,158. The firm has a market capitalization of $337.43 million, a PE ratio of 34.25 and a beta of 0.91. The company has a quick ratio of 0.82, a current ratio of 0.82 and a debt-to-equity ratio of 0.19. The firm has a 50-day moving average of $18.85 and a 200 day moving average of $19.57. Community West Bancshares has a twelve month low of $14.52 and a twelve month high of $24.47.

Community West Bancshares (NASDAQ:CWBC) last released its quarterly earnings results on Thursday, January 23rd. The financial services provider reported $0.38 earnings per share for the quarter, missing analysts’ consensus estimates of $0.45 by ($0.07). Community West Bancshares had a return on equity of 7.90% and a net margin of 4.59%. Sell-side analysts expect that Community West Bancshares will post 2.15 EPS for the current year.

Community West Bancshares Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, February 21st. Shareholders of record on Friday, February 7th were issued a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a yield of 2.70%. The ex-dividend date of this dividend was Friday, February 7th. Community West Bancshares’s dividend payout ratio (DPR) is presently 92.31%.

Institutional Investors Weigh In On Community West Bancshares

A number of large investors have recently bought and sold shares of CWBC. Spire Wealth Management acquired a new stake in Community West Bancshares during the 4th quarter valued at $27,000. Tower Research Capital LLC TRC grew its holdings in Community West Bancshares by 33.8% during the 4th quarter. Tower Research Capital LLC TRC now owns 2,096 shares of the financial services provider’s stock valued at $41,000 after buying an additional 529 shares during the last quarter. US Bancorp DE acquired a new stake in Community West Bancshares during the 4th quarter valued at $56,000. BNP Paribas Financial Markets grew its holdings in Community West Bancshares by 29.2% during the 4th quarter. BNP Paribas Financial Markets now owns 4,600 shares of the financial services provider’s stock valued at $89,000 after buying an additional 1,041 shares during the last quarter. Finally, Forum Financial Management LP acquired a new stake in shares of Community West Bancshares during the fourth quarter worth $245,000. Institutional investors and hedge funds own 33.80% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on CWBC. Keefe, Bruyette & Woods cut their target price on Community West Bancshares from $24.00 to $22.00 and set a “market perform” rating for the company in a research note on Friday, January 24th. StockNews.com raised Community West Bancshares from a “sell” rating to a “hold” rating in a research note on Monday, January 27th. Finally, DA Davidson cut their target price on Community West Bancshares from $26.00 to $24.00 and set a “buy” rating for the company in a research note on Monday, January 27th.

Community West Bancshares Company Profile

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.