Central Valley Community Bancorp (NASDAQ:CVCY) Shares Bought by Dalton Greiner Hartman Maher & Co.

Dalton Greiner Hartman Maher & Co. lifted its holdings in Central Valley Community Bancorp (NASDAQ:CVCY) by 9.2% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 181,723 shares of the financial services provider’s stock after purchasing an additional 15,275 shares during the period. Dalton Greiner Hartman Maher & Co. owned about 1.35% of Central Valley Community Bancorp worth $3,698,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Allworth Financial LP grew its stake in shares of Central Valley Community Bancorp by 72.1% in the 3rd quarter. Allworth Financial LP now owns 1,910 shares of the financial services provider’s stock worth $39,000 after purchasing an additional 800 shares during the last quarter. Steward Partners Investment Advisory LLC purchased a new position in shares of Central Valley Community Bancorp in the second quarter worth approximately $42,000. Strs Ohio increased its position in shares of Central Valley Community Bancorp by 7.8% in the second quarter. Strs Ohio now owns 15,200 shares of the financial services provider’s stock worth $326,000 after acquiring an additional 1,100 shares in the last quarter. Acadian Asset Management LLC increased its position in shares of Central Valley Community Bancorp by 29.8% in the first quarter. Acadian Asset Management LLC now owns 22,577 shares of the financial services provider’s stock worth $441,000 after acquiring an additional 5,188 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. increased its position in shares of Central Valley Community Bancorp by 5.4% in the second quarter. Charles Schwab Investment Management Inc. now owns 27,683 shares of the financial services provider’s stock worth $595,000 after acquiring an additional 1,428 shares in the last quarter. 47.18% of the stock is currently owned by institutional investors.

Several research firms have recently weighed in on CVCY. Sandler O’Neill downgraded shares of Central Valley Community Bancorp from a “buy” rating to a “hold” rating in a research report on Monday, September 23rd. BidaskClub downgraded shares of Central Valley Community Bancorp from a “hold” rating to a “sell” rating in a research report on Saturday, August 24th. Finally, Zacks Investment Research raised shares of Central Valley Community Bancorp from a “sell” rating to a “hold” rating and set a $24.00 target price on the stock in a research report on Monday, July 22nd. One analyst has rated the stock with a sell rating, four have assigned a hold rating and one has issued a buy rating to the company. The company currently has a consensus rating of “Hold” and an average target price of $23.00.

Central Valley Community Bancorp stock opened at $20.19 on Friday. The firm’s 50 day simple moving average is $20.30 and its 200-day simple moving average is $20.19. The company has a market cap of $269.22 million, a P/E ratio of 13.11 and a beta of 0.38. The company has a debt-to-equity ratio of 0.02, a current ratio of 0.75 and a quick ratio of 0.75. Central Valley Community Bancorp has a fifty-two week low of $15.66 and a fifty-two week high of $21.89.

Central Valley Community Bancorp (NASDAQ:CVCY) last announced its quarterly earnings data on Wednesday, July 17th. The financial services provider reported $0.45 EPS for the quarter, beating the Zacks’ consensus estimate of $0.37 by $0.08. Central Valley Community Bancorp had a net margin of 28.57% and a return on equity of 10.01%. The firm had revenue of $20.54 million for the quarter, compared to the consensus estimate of $18.33 million. On average, analysts expect that Central Valley Community Bancorp will post 1.57 EPS for the current fiscal year.

About Central Valley Community Bancorp

Central Valley Community Bancorp operates as the bank holding company for the Central Valley Community Bank that provides various commercial banking services to small and middle-market businesses and individuals in the central valley area of California. The company accepts deposit products, such as savings, NOW, and money market accounts, as well as time certificates of deposit; and non-interest bearing demand deposits.

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Institutional Ownership by Quarter for Central Valley Community Bancorp (NASDAQ:CVCY)

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