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

Community West Bancshares (NASDAQ:CWBC - Get Free Report) Director Robert Bartlein purchased 1,000 shares of the company's stock in a transaction that occurred on Thursday, March 6th. The stock was acquired at an average cost of $18.50 per share, with a total value of $18,500.00. Following the transaction, the director now directly owns 435,876 shares of the company's stock, valued at approximately $8,063,706. This 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 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 Community West Bancshares stock traded down $0.34 during midday trading on Monday, reaching $18.13. The company had a trading volume of 82,447 shares, compared to its average volume of 51,769. The company has a current ratio of 0.82, a quick ratio of 0.82 and a debt-to-equity ratio of 0.19. The company has a market capitalization of $343.49 million, a price-to-earnings ratio of 34.87 and a beta of 0.91. The stock has a fifty day simple moving average of $18.91 and a 200 day simple moving average of $19.60. Community West Bancshares has a 1-year low of $14.52 and a 1-year high of $24.47.

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Community West Bancshares (NASDAQ:CWBC - Get Free Report) last issued 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 net margin of 4.59% and a return on equity of 7.90%. As a group, equities research analysts forecast that Community West Bancshares will post 2.15 earnings per share for the current year.

Community West Bancshares Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, February 21st. Investors of record on Friday, February 7th were issued a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a dividend yield of 2.65%. The ex-dividend date of this dividend was Friday, February 7th. Community West Bancshares's dividend payout ratio is currently 92.31%.

Institutional Trading of Community West Bancshares

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

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on CWBC. Keefe, Bruyette & Woods dropped their price objective 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. DA Davidson dropped their price objective 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. Finally, StockNews.com raised shares of Community West Bancshares from a "sell" rating to a "hold" rating in a report 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.