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

Community West Bancshares (NASDAQ:CWBC) Director Robert Bartlein acquired 1,000 shares of Community West Bancshares stock in a transaction that occurred on Thursday, March 13th. The stock was acquired at an average price of $17.86 per share, with a total value of $17,860.00. Following the completion of the purchase, the director now directly owns 436,876 shares in the company, valued at $7,802,605.36. This represents a 0.23 % increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is accessible through this link.

Robert Bartlein also recently made the following trade(s):

• On Thursday, March 6th, Robert Bartlein purchased 1,000 shares of Community West Bancshares stock. The stock was bought at an average cost of $18.50 per share, with a total value of $18,500.00.
• On Thursday, February 20th, Robert Bartlein acquired 1,000 shares of Community West Bancshares stock. The shares were bought at an average price of $18.80 per share, for a total transaction of $18,800.00.

Community West Bancshares Price Performance

Shares of NASDAQ:CWBC opened at $18.00 on Friday. The company’s fifty day moving average price is $18.80 and its 200-day moving average price is $19.54. The company has a debt-to-equity ratio of 0.19, a current ratio of 0.82 and a quick ratio of 0.82. The firm has a market capitalization of $341.03 million, a price-to-earnings ratio of 34.62 and a beta of 0.91. Community West Bancshares has a one year low of $14.52 and a one year high of $24.47.

Community West Bancshares (NASDAQ:CWBC) last released its earnings results on Thursday, January 23rd. The financial services provider reported $0.38 EPS 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%. On average, equities research analysts anticipate that Community West Bancshares will post 2.15 earnings per share for the current fiscal year.

Community West Bancshares Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, February 21st. Shareholders of record on Friday, February 7th were paid a $0.12 dividend. This represents a $0.48 annualized dividend and a yield of 2.67%. The ex-dividend date of this dividend was Friday, February 7th. Community West Bancshares’s dividend payout ratio is currently 92.31%.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on the company. Keefe, Bruyette & Woods reduced their target price on 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 reduced their price target on shares of Community West Bancshares from $26.00 to $24.00 and set a “buy” rating for the company in a research report on Monday, January 27th. Finally, StockNews.com upgraded Community West Bancshares from a “sell” rating to a “hold” rating in a research report on Monday, January 27th.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Spire Wealth Management purchased a new stake in shares of Community West Bancshares in the 4th quarter valued at $27,000. Tower Research Capital LLC TRC raised its position in Community West Bancshares by 33.8% in the 4th quarter. Tower Research Capital LLC TRC now owns 2,096 shares of the financial services provider’s stock worth $41,000 after purchasing an additional 529 shares during the period. US Bancorp DE bought a new stake in Community West Bancshares in the fourth quarter worth $56,000. BNP Paribas Financial Markets boosted its position in Community West Bancshares by 29.2% during the fourth quarter. BNP Paribas Financial Markets now owns 4,600 shares of the financial services provider’s stock valued at $89,000 after buying an additional 1,041 shares during the period. Finally, Forum Financial Management LP bought a new position in shares of Community West Bancshares during the fourth quarter valued at about $245,000. 33.80% of the stock is currently owned by institutional investors.

About Community West Bancshares

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.