Banc Funds Co. LLC raised its position in Southern California Bancorp (NASDAQ:BCAL - Free Report) by 288.1% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 1,412,186 shares of the company's stock after acquiring an additional 1,048,281 shares during the quarter. Southern California Bancorp makes up about 2.3% of Banc Funds Co. LLC's investment portfolio, making the stock its 7th largest holding. Banc Funds Co. LLC owned 7.61% of Southern California Bancorp worth $20,886,000 at the end of the most recent reporting period.
Other large investors have also recently added to or reduced their stakes in the company. Petiole USA ltd raised its position in shares of Southern California Bancorp by 130.1% in the third quarter. Petiole USA ltd now owns 195,604 shares of the company's stock valued at $2,893,000 after purchasing an additional 110,604 shares during the period. MAI Capital Management bought a new position in shares of Southern California Bancorp in the third quarter valued at about $801,000. Keystone Wealth Services LLC bought a new position in shares of Southern California Bancorp in the third quarter valued at about $617,000. Baker Avenue Asset Management LP bought a new position in shares of Southern California Bancorp in the third quarter valued at about $1,052,000. Finally, Curi RMB Capital LLC raised its position in shares of Southern California Bancorp by 500.9% in the third quarter. Curi RMB Capital LLC now owns 393,456 shares of the company's stock valued at $5,819,000 after purchasing an additional 327,981 shares during the period. Institutional investors and hedge funds own 55.40% of the company's stock.
Southern California Bancorp Stock Performance
NASDAQ:BCAL traded up $0.03 during mid-day trading on Monday, reaching $17.95. 29,555 shares of the company's stock were exchanged, compared to its average volume of 63,263. Southern California Bancorp has a one year low of $12.30 and a one year high of $18.49. The firm has a market capitalization of $577.36 million, a PE ratio of -224.25 and a beta of 0.74. The business's fifty day simple moving average is $15.46 and its two-hundred day simple moving average is $14.64.
Southern California Bancorp Company Profile
(
Free Report)
Southern California Bancorp operates as the holding company for Bank of Southern California, N.A. that provides various financial products to individuals, professionals, and small-to medium-sized businesses. The company offers checking, personal and business savings, and money market accounts, as well as certificates of deposit.
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