Keystone Wealth Services LLC purchased a new position in Southern California Bancorp (NASDAQ:BCAL - Free Report) during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 41,737 shares of the company's stock, valued at approximately $617,000. Keystone Wealth Services LLC owned about 0.23% of Southern California Bancorp as of its most recent filing with the Securities and Exchange Commission.
A number of other large investors also recently modified their holdings of BCAL. Hennessy Advisors Inc. bought a new position in shares of Southern California Bancorp in the 1st quarter worth about $1,700,000. Bank of New York Mellon Corp bought a new stake in Southern California Bancorp in the 2nd quarter valued at about $461,000. Pacific Ridge Capital Partners LLC bought a new stake in Southern California Bancorp in the 2nd quarter valued at about $359,000. Rhumbline Advisers bought a new stake in Southern California Bancorp in the 2nd quarter valued at about $166,000. Finally, Endeavour Capital Advisors Inc. lifted its position in Southern California Bancorp by 0.8% in the 2nd quarter. Endeavour Capital Advisors Inc. now owns 1,131,513 shares of the company's stock valued at $15,241,000 after purchasing an additional 8,521 shares during the last quarter. 55.40% of the stock is currently owned by institutional investors.
Wall Street Analyst Weigh In
Separately, Keefe, Bruyette & Woods cut their price objective on shares of Southern California Bancorp from $23.00 to $19.00 and set an "outperform" rating on the stock in a research report on Friday, August 2nd.
Read Our Latest Stock Analysis on Southern California Bancorp
Southern California Bancorp Trading Up 1.7 %
NASDAQ:BCAL traded up $0.24 during mid-day trading on Tuesday, hitting $14.24. The stock had a trading volume of 39,853 shares, compared to its average volume of 61,385. The stock has a market capitalization of $264.01 million, a price-to-earnings ratio of 11.57 and a beta of 0.74. The company has a 50 day simple moving average of $14.49 and a 200-day simple moving average of $14.21. Southern California Bancorp has a 52 week low of $12.30 and a 52 week high of $18.00.
Southern California Bancorp (NASDAQ:BCAL - Get Free Report) last released its earnings results on Monday, August 12th. The company reported $0.03 EPS for the quarter. The firm had revenue of $22.18 million for the quarter. Southern California Bancorp had a net margin of 12.34% and a return on equity of 5.92%. As a group, equities research analysts anticipate that Southern California Bancorp will post 1.03 earnings per share for the current year.
Insider Buying and Selling at Southern California Bancorp
In other Southern California Bancorp news, Director Lester Machado sold 10,000 shares of the firm's stock in a transaction dated Tuesday, August 20th. The shares were sold at an average price of $14.37, for a total transaction of $143,700.00. Following the transaction, the director now owns 15,437 shares of the company's stock, valued at approximately $221,829.69. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 19.64% of the stock is owned by corporate insiders.
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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