State Street Corp raised its position in shares of Southern California Bancorp (NASDAQ:BCAL - Free Report) by 113.7% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 305,234 shares of the company's stock after purchasing an additional 162,381 shares during the quarter. State Street Corp owned 1.65% of Southern California Bancorp worth $4,514,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors have also recently made changes to their positions in the company. SG Americas Securities LLC bought a new stake in Southern California Bancorp during the third quarter valued at approximately $123,000. Empowered Funds LLC bought a new stake in shares of Southern California Bancorp during the 3rd quarter valued at $160,000. Rhumbline Advisers purchased a new stake in shares of Southern California Bancorp in the 2nd quarter worth $166,000. Creekside Partners bought a new position in Southern California Bancorp in the 3rd quarter worth $190,000. Finally, MetLife Investment Management LLC lifted its position in Southern California Bancorp by 348.8% during the third quarter. MetLife Investment Management LLC now owns 14,719 shares of the company's stock valued at $218,000 after purchasing an additional 11,439 shares in the last quarter. Hedge funds and other institutional investors own 55.40% of the company's stock.
Southern California Bancorp Stock Down 0.5 %
NASDAQ:BCAL traded down $0.09 during mid-day trading on Monday, hitting $16.66. 54,460 shares of the company traded hands, compared to its average volume of 63,348. The stock's fifty day moving average price is $16.71 and its 200-day moving average price is $15.16. The firm has a market cap of $535.87 million, a price-to-earnings ratio of -208.25 and a beta of 1.04. Southern California Bancorp has a one year low of $12.30 and a one year high of $18.49.
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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