Barclays PLC Purchases 15,343 Shares of Community West Bancshares (NASDAQ:CWBC)

Barclays PLC raised its holdings in Community West Bancshares (NASDAQ:CWBC - Free Report) by 228.5% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 22,057 shares of the financial services provider's stock after acquiring an additional 15,343 shares during the quarter. Barclays PLC owned about 0.12% of Community West Bancshares worth $424,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in the business. Acadian Asset Management LLC acquired a new stake in shares of Community West Bancshares in the 2nd quarter valued at $106,000. SG Americas Securities LLC acquired a new stake in shares of Community West Bancshares in the third quarter worth about $132,000. Bridgewealth Advisory Group LLC bought a new stake in shares of Community West Bancshares during the 2nd quarter worth about $226,000. Mount Yale Investment Advisors LLC acquired a new position in shares of Community West Bancshares during the 2nd quarter valued at about $268,000. Finally, Rhumbline Advisers acquired a new position in shares of Community West Bancshares during the 2nd quarter valued at about $405,000. 33.80% of the stock is owned by institutional investors.

Analyst Ratings Changes

Separately, Keefe, Bruyette & Woods boosted their target price on Community West Bancshares from $21.00 to $24.00 and gave the stock a "market perform" rating in a report on Wednesday, December 4th.

Community West Bancshares Stock Performance

Community West Bancshares stock traded up $0.22 on Friday, reaching $18.90. 62,805 shares of the stock were exchanged, compared to its average volume of 40,637. 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 twelve month low of $15.50 and a twelve month high of $24.47. The firm has a fifty day moving average price of $20.29 and a two-hundred day moving average price of $19.72. The stock has a market cap of $358.08 million, a PE ratio of 28.64 and a beta of 0.92.

Community West Bancshares Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, November 22nd. Stockholders of record on Friday, November 8th were given a $0.12 dividend. The ex-dividend date of this dividend was Friday, November 8th. This represents a $0.48 annualized dividend and a dividend yield of 2.54%. Community West Bancshares's dividend payout ratio is 72.73%.

Insider Transactions at Community West Bancshares

In other news, Director Robert Bartlein acquired 2,000 shares of the stock in a transaction dated Friday, November 1st. The shares were acquired at an average cost of $18.75 per share, for a total transaction of $37,500.00. Following the completion of the transaction, the director now owns 433,876 shares in the company, valued at approximately $8,135,175. This trade represents a 0.46 % increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, Director Steven D. Mcdonald sold 1,860 shares of the company's stock in a transaction on Monday, December 16th. The shares were sold at an average price of $21.51, for a total value of $40,008.60. Following the completion of the transaction, the director now owns 315,531 shares of the company's stock, valued at $6,787,071.81. The trade was a 0.59 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have purchased 2,432 shares of company stock worth $45,616. Insiders own 11.15% of the company's stock.

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.