Community West Bancshares (NASDAQ:CWBC) Shares Purchased by Systematic Financial Management LP

Systematic Financial Management LP lifted its stake in Community West Bancshares (NASDAQ:CWBC - Free Report) by 11.9% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 292,810 shares of the financial services provider's stock after buying an additional 31,075 shares during the period. Systematic Financial Management LP owned approximately 1.55% of Community West Bancshares worth $5,640,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently modified their holdings of the company. Bfsg LLC purchased a new stake in shares of Community West Bancshares in the second quarter worth about $82,000. Acadian Asset Management LLC acquired a new position in shares of Community West Bancshares in the second quarter worth about $106,000. SG Americas Securities LLC acquired a new position in shares of Community West Bancshares in the third quarter worth about $132,000. Bridgewealth Advisory Group LLC acquired a new position in shares of Community West Bancshares in the second quarter worth about $226,000. Finally, Mount Yale Investment Advisors LLC acquired a new position in shares of Community West Bancshares in the second quarter worth about $268,000. Hedge funds and other institutional investors own 33.80% of the company's stock.

Insider Buying and Selling at Community West Bancshares

In other news, Director Robert Bartlein acquired 2,000 shares of the business's stock in a transaction on Friday, November 1st. The shares were purchased at an average price of $18.75 per share, for a total transaction of $37,500.00. Following the completion of the purchase, the director now directly owns 433,876 shares of the company's stock, valued at $8,135,175. This represents a 0.46 % increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders have bought 2,432 shares of company stock worth $45,616 over the last quarter. 11.15% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

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

Community West Bancshares Stock Down 0.3 %

Shares of NASDAQ:CWBC traded down $0.07 during trading on Friday, hitting $21.75. The company's stock had a trading volume of 43,768 shares, compared to its average volume of 50,348. The stock's 50-day moving average price is $19.77 and its two-hundred day moving average price is $19.19. Community West Bancshares has a fifty-two week low of $15.50 and a fifty-two week high of $24.47. The company has a market capitalization of $412.16 million, a PE ratio of 32.96 and a beta of 0.90. The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.82 and a current ratio of 0.82.

Community West Bancshares Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, November 22nd. Shareholders of record on Friday, November 8th were paid a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a yield of 2.21%. The ex-dividend date was Friday, November 8th. Community West Bancshares's payout ratio is currently 72.73%.

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.