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

Community West Bancshares (NASDAQ:CWBC) Director Robert Bartlein purchased 1,000 shares of the stock in a transaction dated Thursday, March 6th. The shares were purchased at an average price of $18.50 per share, with a total value of $18,500.00. Following the transaction, the director now directly owns 435,876 shares of the company’s stock, valued at approximately $8,063,706. The trade was a 0.23 % increase in their position. The purchase was disclosed in a document filed with the SEC, which is accessible through the SEC website.

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

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

Community West Bancshares Stock Down 0.4 %

CWBC stock opened at $18.51 on Friday. The firm’s 50-day moving average is $18.95 and its two-hundred day moving average is $19.61. The company has a market capitalization of $350.69 million, a price-to-earnings ratio of 35.60 and a beta of 0.91. Community West Bancshares has a 52 week low of $14.52 and a 52 week high of $24.47. The company has a current ratio of 0.82, a quick ratio of 0.82 and a debt-to-equity ratio of 0.19.

Community West Bancshares (NASDAQ:CWBC) last posted its quarterly earnings data 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, analysts forecast that Community West Bancshares will post 2.15 earnings per share for the current fiscal year.

Community West Bancshares Announces Dividend

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

Wall Street Analysts Forecast Growth

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

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the company. Spire Wealth Management bought a new stake in Community West Bancshares in the fourth quarter worth about $27,000. Tower Research Capital LLC TRC boosted its stake in shares of Community West Bancshares by 33.8% during the 4th 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 in the last quarter. US Bancorp DE acquired a new position in shares of Community West Bancshares in the 4th quarter worth $56,000. BNP Paribas Financial Markets raised its position in shares of 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 worth $89,000 after purchasing an additional 1,041 shares during the period. Finally, Forum Financial Management LP purchased a new stake in shares of Community West Bancshares during the fourth quarter valued at $245,000. 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.