Robert Bartlein Buys 1,000 Shares of Community West Bancshares (NASDAQ:CWBC) Stock

Community West Bancshares (NASDAQ:CWBC) Director Robert Bartlein purchased 1,000 shares of the firm’s stock in a transaction dated Thursday, March 6th. The stock was purchased at an average cost of $18.50 per share, with a total value of $18,500.00. Following the acquisition, the director now directly owns 435,876 shares in the company, valued at $8,063,706. This trade represents a 0.23 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link.

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

• On Thursday, February 20th, Robert Bartlein purchased 1,000 shares of Community West Bancshares stock. The stock was purchased at an average cost of $18.80 per share, with a total value of $18,800.00.

Community West Bancshares Price Performance

Shares of NASDAQ CWBC opened at $18.47 on Friday. The firm has a market cap of $349.93 million, a PE ratio of 35.52 and a beta of 0.91. The company has a current ratio of 0.82, a quick ratio of 0.82 and a debt-to-equity ratio of 0.19. Community West Bancshares has a 1-year low of $14.52 and a 1-year high of $24.47. The company has a fifty day moving average price of $18.93 and a 200 day moving average price of $19.60.

Community West Bancshares (NASDAQ:CWBC) last announced its 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%. Research analysts predict that Community West Bancshares will post 2.15 earnings per share for the current fiscal year.

Community West Bancshares Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, February 21st. Investors of record on Friday, February 7th were paid a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a yield of 2.60%. The ex-dividend date was Friday, February 7th. Community West Bancshares’s payout ratio is presently 92.31%.

Hedge Funds Weigh In On Community West Bancshares

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Forum Financial Management LP acquired a new position in shares of Community West Bancshares during the 4th quarter worth about $245,000. Squarepoint Ops LLC acquired a new position in shares of Community West Bancshares during the 4th quarter worth about $329,000. Two Sigma Investments LP boosted its stake in shares of Community West Bancshares by 92.8% during the 4th quarter. Two Sigma Investments LP now owns 32,447 shares of the financial services provider’s stock worth $628,000 after buying an additional 15,616 shares during the last quarter. Systematic Financial Management LP boosted its stake in shares of Community West Bancshares by 2.5% during the 4th quarter. Systematic Financial Management LP now owns 300,035 shares of the financial services provider’s stock worth $5,812,000 after buying an additional 7,225 shares during the last quarter. Finally, Deutsche Bank AG boosted its stake in shares of Community West Bancshares by 187.6% during the 4th quarter. Deutsche Bank AG now owns 17,254 shares of the financial services provider’s stock worth $334,000 after buying an additional 11,254 shares during the last quarter. 33.80% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

CWBC has been the subject of several research analyst reports. DA Davidson decreased their price target on shares of Community West Bancshares from $26.00 to $24.00 and set a “buy” rating for the company in a report on Monday, January 27th. Keefe, Bruyette & Woods decreased their price target on shares of Community West Bancshares from $24.00 to $22.00 and set a “market perform” rating for the company in a report on Friday, January 24th. Finally, StockNews.com raised shares of Community West Bancshares from a “sell” rating to a “hold” rating in a report on Monday, January 27th.

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.