Jane Street Group LLC Has $204,000 Position in Community West Bancshares (NASDAQ:CWBC)

Jane Street Group LLC trimmed its holdings in Community West Bancshares (NASDAQ:CWBC) by 65.6% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 10,594 shares of the financial services provider’s stock after selling 20,175 shares during the period. Jane Street Group LLC owned 0.06% of Community West Bancshares worth $204,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Fourthstone LLC raised its holdings in Community West Bancshares by 8.7% during the third quarter. Fourthstone LLC now owns 1,868,778 shares of the financial services provider’s stock valued at $35,993,000 after buying an additional 149,506 shares in the last quarter. Dimensional Fund Advisors LP increased its holdings in shares of Community West Bancshares by 284.8% during the 2nd quarter. Dimensional Fund Advisors LP now owns 641,347 shares of the financial services provider’s stock valued at $11,864,000 after acquiring an additional 474,671 shares during the last quarter. The Manufacturers Life Insurance Company raised its stake in shares of Community West Bancshares by 198.0% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 365,965 shares of the financial services provider’s stock valued at $6,770,000 after acquiring an additional 243,165 shares in the last quarter. Systematic Financial Management LP lifted its holdings in Community West Bancshares by 11.9% in the 3rd quarter. Systematic Financial Management LP now owns 292,810 shares of the financial services provider’s stock worth $5,640,000 after purchasing an additional 31,075 shares during the last quarter. Finally, State Street Corp boosted its position in Community West Bancshares by 12.9% during the third quarter. State Street Corp now owns 251,944 shares of the financial services provider’s stock worth $4,852,000 after purchasing an additional 28,695 shares during the period. Institutional investors and hedge funds own 33.80% of the company’s stock.

Community West Bancshares Price Performance

Shares of NASDAQ:CWBC opened at $17.69 on Monday. The company has a market cap of $335.15 million, a price-to-earnings ratio of 26.80 and a beta of 0.92. The business has a 50 day moving average price of $20.38 and a 200 day moving average price of $19.71. The company has a quick ratio of 0.82, a current ratio of 0.82 and a debt-to-equity ratio of 0.19. Community West Bancshares has a twelve month low of $15.50 and a twelve month high of $24.47.

Community West Bancshares Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, November 22nd. Investors of record on Friday, November 8th were given a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a yield of 2.71%. The ex-dividend date was Friday, November 8th. Community West Bancshares’s dividend payout ratio (DPR) is currently 72.73%.

Insider Activity at Community West Bancshares

In other news, Director Robert Bartlein bought 2,000 shares of the business’s stock in a transaction that occurred on Friday, November 1st. The stock was acquired at an average cost of $18.75 per share, for a total transaction of $37,500.00. Following the completion of the purchase, the director now owns 433,876 shares of the company’s stock, valued at $8,135,175. This trade represents a 0.46 % increase in their position. The purchase was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Steven D. Mcdonald sold 9,155 shares of Community West Bancshares stock in a transaction on Friday, December 13th. The stock was sold at an average price of $21.51, for a total transaction of $196,924.05. Following the sale, the director now owns 317,391 shares in the company, valued at $6,827,080.41. This represents a 2.80 % decrease in their position. The disclosure for this sale can be found here. Insiders purchased a total of 2,432 shares of company stock worth $45,616 in the last ninety days. 11.15% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

Separately, Keefe, Bruyette & Woods lifted their price target on shares of Community West Bancshares from $21.00 to $24.00 and gave the company a “market perform” rating in a research report on Wednesday, December 4th.

Community West Bancshares Profile

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.