Community West Bancshares (NASDAQ:CWBC) Director Robert Bartlein Buys 1,000 Shares

Community West Bancshares (NASDAQ:CWBC) Director Robert Bartlein acquired 1,000 shares of the stock in a transaction on Thursday, March 6th. The shares were purchased at an average price of $18.50 per share, for a total transaction of $18,500.00. Following the completion of the transaction, the director now owns 435,876 shares in the company, valued at approximately $8,063,706. This represents a 0.23 % increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available through the SEC website.

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

• On Thursday, February 20th, Robert Bartlein purchased 1,000 shares of Community West Bancshares stock. The shares were acquired 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 $18.51 on Friday. The business has a 50-day moving average of $18.95 and a two-hundred day moving average of $19.61. The company has a debt-to-equity ratio of 0.19, a current ratio of 0.82 and a quick ratio of 0.82. Community West Bancshares has a fifty-two week low of $14.52 and a fifty-two week high of $24.47. The stock has a market capitalization of $350.69 million, a P/E ratio of 35.60 and a beta of 0.91.

Community West Bancshares (NASDAQ:CWBC) last released its quarterly 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 predict that Community West Bancshares will post 2.15 EPS for the current fiscal year.

Community West Bancshares Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, February 21st. Stockholders of record on Friday, February 7th were given a $0.12 dividend. This represents a $0.48 annualized dividend and a dividend yield of 2.59%. The ex-dividend date was Friday, February 7th. Community West Bancshares’s dividend payout ratio is currently 92.31%.

Institutional Trading of Community West Bancshares

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in CWBC. Spire Wealth Management acquired a new position in shares of Community West Bancshares during the fourth quarter worth approximately $27,000. Tower Research Capital LLC TRC increased its position in Community West Bancshares by 33.8% during the fourth quarter. Tower Research Capital LLC TRC now owns 2,096 shares of the financial services provider’s stock worth $41,000 after acquiring an additional 529 shares during the period. US Bancorp DE acquired a new position in Community West Bancshares during the 4th quarter valued at $56,000. BNP Paribas Financial Markets boosted its holdings in Community West Bancshares by 29.2% in the 4th quarter. BNP Paribas Financial Markets now owns 4,600 shares of the financial services provider’s stock valued at $89,000 after purchasing an additional 1,041 shares during the period. Finally, Forum Financial Management LP bought a new stake in Community West Bancshares in the 4th quarter valued at $245,000. Institutional investors and hedge funds own 33.80% of the company’s stock.

Analysts Set New Price Targets

Several research firms have weighed in on CWBC. DA Davidson lowered their target price on Community West Bancshares from $26.00 to $24.00 and set a “buy” rating on the stock in a research note on Monday, January 27th. Keefe, Bruyette & Woods decreased their target price on shares of Community West Bancshares from $24.00 to $22.00 and set a “market perform” rating for the company in a research note on Friday, January 24th. Finally, StockNews.com upgraded Community West Bancshares from a “sell” rating to a “hold” rating in a report on Monday, January 27th.

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.