Mariner LLC increased its holdings in shares of Southern California Bancorp (NASDAQ:BCAL - Free Report) by 444.4% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 85,786 shares of the company's stock after purchasing an additional 70,029 shares during the quarter. Mariner LLC owned 0.27% of Southern California Bancorp worth $1,419,000 as of its most recent filing with the SEC.
Other large investors have also bought and sold shares of the company. SG Americas Securities LLC grew its holdings in shares of Southern California Bancorp by 22.0% during the fourth quarter. SG Americas Securities LLC now owns 10,163 shares of the company's stock worth $168,000 after buying an additional 1,833 shares in the last quarter. Intech Investment Management LLC acquired a new stake in shares of Southern California Bancorp in the fourth quarter valued at approximately $176,000. Jane Street Group LLC bought a new stake in shares of Southern California Bancorp in the third quarter worth $202,000. Aspiriant LLC acquired a new position in Southern California Bancorp during the fourth quarter worth $230,000. Finally, Allspring Global Investments Holdings LLC acquired a new position in Southern California Bancorp during the fourth quarter worth $264,000. 55.40% of the stock is owned by institutional investors.
Analyst Upgrades and Downgrades
Separately, DA Davidson cut their price target on shares of Southern California Bancorp from $22.00 to $20.00 and set a "buy" rating on the stock in a research report on Thursday, January 30th.
Get Our Latest Stock Report on BCAL
Southern California Bancorp Trading Up 1.9 %
Shares of NASDAQ:BCAL traded up $0.26 during trading on Tuesday, hitting $14.07. 66,521 shares of the company were exchanged, compared to its average volume of 84,076. Southern California Bancorp has a fifty-two week low of $11.87 and a fifty-two week high of $18.49. The stock has a market cap of $455.90 million, a price-to-earnings ratio of 74.06 and a beta of 1.19. The firm has a fifty day moving average price of $14.21 and a two-hundred day moving average price of $15.50.
Southern California Bancorp (NASDAQ:BCAL - Get Free Report) last posted its quarterly earnings results on Thursday, April 24th. The company reported $0.52 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.38 by $0.14. Southern California Bancorp had a net margin of 2.94% and a return on equity of 8.97%. The firm had revenue of $44.82 million for the quarter, compared to analyst estimates of $44.86 million. As a group, research analysts predict that Southern California Bancorp will post 1.81 EPS for the current year.
Southern California Bancorp 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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