SageView Advisory Group LLC Has $650,000 Stake in Southern California Bancorp (NASDAQ:BCAL)

SageView Advisory Group LLC trimmed its holdings in shares of Southern California Bancorp (NASDAQ:BCAL) by 3.3% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 39,050 shares of the company’s stock after selling 1,340 shares during the quarter. SageView Advisory Group LLC owned about 0.21% of Southern California Bancorp worth $650,000 at the end of the most recent quarter.

Separately, Mendon Capital Advisors Corp acquired a new position in Southern California Bancorp during the fourth quarter worth $375,000. Hedge funds and other institutional investors own 55.40% of the company’s stock.

Southern California Bancorp Stock Performance

Shares of NASDAQ:BCAL opened at $13.52 on Wednesday. The company has a market cap of $250.66 million and a P/E ratio of 11.17. The stock’s 50-day moving average is $13.91 and its 200-day moving average is $15.18. Southern California Bancorp has a 52-week low of $12.79 and a 52-week high of $18.00.

Southern California Bancorp (NASDAQ:BCAL) last issued its quarterly earnings results on Monday, April 29th. The company reported $0.29 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.29. The company had revenue of $10.77 million for the quarter. Southern California Bancorp had a return on equity of 8.18% and a net margin of 17.56%. As a group, equities analysts predict that Southern California Bancorp will post 1.19 EPS for the current year.

About Southern California Bancorp

Southern California Bancorp operates as the holding company for Bank of Southern California, N.A. that provides various financial products to individuals, professionals, and small-to medium-sized businesses. The company offers checking, personal and business savings, and money market accounts, as well as certificates of deposit.