Southern California Bancorp (NASDAQ:BCAL) Shares Acquired by SG Americas Securities LLC

SG Americas Securities LLC boosted its stake in shares of Southern California Bancorp (NASDAQ:BCAL) by 22.0% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 10,163 shares of the company’s stock after purchasing an additional 1,833 shares during the quarter. SG Americas Securities LLC’s holdings in Southern California Bancorp were worth $168,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Barclays PLC grew its stake in shares of Southern California Bancorp by 177.3% in the third quarter. Barclays PLC now owns 36,756 shares of the company’s stock worth $544,000 after purchasing an additional 23,499 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its position in shares of Southern California Bancorp by 99.0% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 66,012 shares of the company’s stock valued at $976,000 after purchasing an additional 32,848 shares in the last quarter. Petiole USA ltd grew its stake in shares of Southern California Bancorp by 130.1% in the 3rd quarter. Petiole USA ltd now owns 195,604 shares of the company’s stock worth $2,893,000 after purchasing an additional 110,604 shares during the last quarter. MAI Capital Management bought a new stake in shares of Southern California Bancorp in the 3rd quarter worth approximately $801,000. Finally, JPMorgan Chase & Co. lifted its stake in Southern California Bancorp by 417.3% during the third quarter. JPMorgan Chase & Co. now owns 26,508 shares of the company’s stock valued at $392,000 after purchasing an additional 21,384 shares during the last quarter. Institutional investors own 55.40% of the company’s stock.

Southern California Bancorp Stock Down 0.1 %

NASDAQ:BCAL opened at $16.08 on Monday. The stock has a fifty day simple moving average of $16.35 and a 200 day simple moving average of $15.54. The firm has a market capitalization of $517.29 million, a price-to-earnings ratio of 84.64 and a beta of 1.11. Southern California Bancorp has a 1-year low of $12.30 and a 1-year high of $18.49.

Southern California Bancorp (NASDAQ:BCAL) last announced its earnings results on Wednesday, January 29th. The company reported $0.53 EPS for the quarter, topping the consensus estimate of $0.45 by $0.08. Southern California Bancorp had a net margin of 2.94% and a return on equity of 8.97%. Equities analysts predict that Southern California Bancorp will post 1.81 earnings per share for the current year.

Analysts Set New Price Targets

Separately, DA Davidson decreased their price target on shares of Southern California Bancorp from $22.00 to $20.00 and set a “buy” rating on the stock in a research report on Thursday, January 30th.

Southern California Bancorp Profile

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.