Systematic Financial Management LP Has $9.27 Million Stock Holdings in Community West Bancshares $CWBC

Systematic Financial Management LP boosted its holdings in shares of Community West Bancshares (NASDAQ:CWBC) by 34.1% in the fourth quarter, Holdings Channel.com reports. The fund owned 411,859 shares of the financial services provider’s stock after buying an additional 104,779 shares during the quarter. Systematic Financial Management LP’s holdings in Community West Bancshares were worth $9,267,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of CWBC. Russell Investments Group Ltd. grew its holdings in Community West Bancshares by 623.7% during the 3rd quarter. Russell Investments Group Ltd. now owns 1,983 shares of the financial services provider’s stock worth $41,000 after acquiring an additional 1,709 shares during the period. Raymond James Financial Inc. acquired a new position in shares of Community West Bancshares in the 2nd quarter valued at $46,000. Tower Research Capital LLC TRC grew its holdings in shares of Community West Bancshares by 75.5% in the 2nd quarter. Tower Research Capital LLC TRC now owns 3,237 shares of the financial services provider’s stock valued at $63,000 after buying an additional 1,393 shares during the period. Farther Finance Advisors LLC grew its holdings in shares of Community West Bancshares by 2,945.9% in the 4th quarter. Farther Finance Advisors LLC now owns 3,381 shares of the financial services provider’s stock valued at $76,000 after buying an additional 3,270 shares during the period. Finally, CWM LLC grew its holdings in shares of Community West Bancshares by 17.6% in the 4th quarter. CWM LLC now owns 3,744 shares of the financial services provider’s stock valued at $84,000 after buying an additional 560 shares during the period. Institutional investors and hedge funds own 33.80% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on CWBC. Zacks Research lowered shares of Community West Bancshares from a “strong-buy” rating to a “hold” rating in a report on Monday, February 16th. Piper Sandler boosted their price target on shares of Community West Bancshares from $30.00 to $30.50 and gave the company an “overweight” rating in a report on Monday, April 27th. Weiss Ratings reissued a “buy (b-)” rating on shares of Community West Bancshares in a report on Friday, March 27th. Wall Street Zen raised shares of Community West Bancshares from a “sell” rating to a “hold” rating in a report on Sunday, May 17th. Finally, DA Davidson reissued a “buy” rating and issued a $29.00 price target on shares of Community West Bancshares in a report on Tuesday, April 28th. Three equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $28.17.

Community West Bancshares Stock Performance

CWBC opened at $23.81 on Monday. The stock has a market capitalization of $645.97 million, a P/E ratio of 11.02 and a beta of 0.82. Community West Bancshares has a 12 month low of $17.50 and a 12 month high of $25.72. The firm’s fifty day simple moving average is $23.46 and its 200 day simple moving average is $23.24. The company has a current ratio of 0.86, a quick ratio of 0.86 and a debt-to-equity ratio of 0.17.

Community West Bancshares (NASDAQ:CWBC) last posted its quarterly earnings data on Thursday, April 23rd. The financial services provider reported $0.61 EPS for the quarter, beating the consensus estimate of $0.56 by $0.05. The business had revenue of $38.58 million for the quarter, compared to analysts’ expectations of $38.23 million. Community West Bancshares had a net margin of 20.77% and a return on equity of 10.44%. As a group, research analysts anticipate that Community West Bancshares will post 2.59 EPS for the current fiscal year.

Community West Bancshares Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, May 22nd. Investors of record on Friday, May 8th were given a $0.12 dividend. This represents a $0.48 annualized dividend and a yield of 2.0%. The ex-dividend date of this dividend was Friday, May 8th. Community West Bancshares’s payout ratio is currently 22.22%.

Community West Bancshares Company Profile

Community West Bancshares, Inc is the bank holding company for Community West Bank, headquartered in Goleta, California. Through its wholly owned subsidiary, the company offers a full suite of commercial and consumer banking services. Community West Bancshares focuses on providing personalized financial solutions to small and mid-sized businesses, professional practices, and individual customers in its service area.

The company’s product portfolio includes a variety of deposit accounts—such as business checking, savings and money market accounts—along with online and mobile banking capabilities.