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

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

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

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

Community West Bancshares Stock Performance

CWBC stock opened at $18.47 on Friday. 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 company has a 50 day moving average price of $18.93 and a 200 day moving average price of $19.60. 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 $349.93 million, a PE ratio of 35.52 and a beta of 0.91.

Community West Bancshares (NASDAQ:CWBC) last posted its quarterly earnings data on Thursday, January 23rd. The financial services provider reported $0.38 earnings per share for the quarter, missing the consensus estimate of $0.45 by ($0.07). Community West Bancshares had a return on equity of 7.90% and a net margin of 4.59%. Analysts forecast that Community West Bancshares will post 2.15 EPS for the current year.

Community West Bancshares Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, February 21st. Investors of record on Friday, February 7th were given a $0.12 dividend. This represents a $0.48 annualized dividend and a yield of 2.60%. The ex-dividend date of this dividend was Friday, February 7th. Community West Bancshares’s dividend payout ratio (DPR) is presently 92.31%.

Wall Street Analyst Weigh In

CWBC has been the subject of a number of research analyst reports. Keefe, Bruyette & Woods cut 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. DA Davidson cut their target price on shares of Community West Bancshares from $26.00 to $24.00 and set a “buy” rating for the company in a research note on Monday, January 27th. Finally, StockNews.com upgraded shares of Community West Bancshares from a “sell” rating to a “hold” rating in a research note on Monday, January 27th.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of CWBC. PL Capital Advisors LLC raised its position in shares of Community West Bancshares by 1,837.0% during the 4th quarter. PL Capital Advisors LLC now owns 8,242,923 shares of the financial services provider’s stock valued at $159,665,000 after acquiring an additional 7,817,372 shares during the last quarter. Fourthstone LLC raised its position in shares of Community West Bancshares by 8.7% during the 3rd quarter. Fourthstone LLC now owns 1,868,778 shares of the financial services provider’s stock valued at $35,993,000 after acquiring an additional 149,506 shares during the last quarter. Dimensional Fund Advisors LP raised its position in shares of Community West Bancshares by 5.4% during the 4th quarter. Dimensional Fund Advisors LP now owns 689,624 shares of the financial services provider’s stock valued at $13,358,000 after acquiring an additional 35,509 shares during the last quarter. Geode Capital Management LLC raised its position in shares of Community West Bancshares by 6.7% during the 3rd quarter. Geode Capital Management LLC now owns 389,248 shares of the financial services provider’s stock valued at $7,499,000 after acquiring an additional 24,294 shares during the last quarter. Finally, Systematic Financial Management LP raised its position in shares of Community West Bancshares by 2.5% during the 4th quarter. Systematic Financial Management LP now owns 300,035 shares of the financial services provider’s stock valued at $5,812,000 after acquiring an additional 7,225 shares during the last quarter. Institutional investors own 33.80% of the company’s stock.

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.