Central Valley Community Bancorp – Receive News & Ratings Daily

July 17th, 20176:20 am @

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Nationwide Fund Advisors decreased its stake in Central Valley Community Bancorp (NASDAQ:CVCY) by 3.1% during the first quarter, according to its most recent 13F filing with the SEC. The fund owned 24,639 shares of the financial services provider’s stock after selling 786 shares during the period. Nationwide Fund Advisors’ holdings in Central Valley Community Bancorp were worth $505,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Menta Capital LLC boosted its stake in shares of Central Valley Community Bancorp by 12.7% in the fourth quarter. Menta Capital LLC now owns 12,493 shares of the financial services provider’s stock valued at $249,000 after buying an additional 1,405 shares in the last quarter. Systematic Financial Management LP acquired a new stake in shares of Central Valley Community Bancorp during the fourth quarter valued at about $287,000. Teachers Advisors LLC boosted its stake in shares of Central Valley Community Bancorp by 9.4% in the fourth quarter. Teachers Advisors LLC now owns 14,734 shares of the financial services provider’s stock valued at $294,000 after buying an additional 1,265 shares in the last quarter. Bessemer Group Inc. boosted its stake in shares of Central Valley Community Bancorp by 27.9% in the fourth quarter. Bessemer Group Inc. now owns 19,700 shares of the financial services provider’s stock valued at $393,000 after buying an additional 4,300 shares in the last quarter. Finally, Russell Investments Group Ltd. acquired a new stake in shares of Central Valley Community Bancorp during the fourth quarter valued at about $433,000. 42.64% of the stock is currently owned by institutional investors and hedge funds.

Central Valley Community Bancorp (CVCY) traded down 1.84% during mid-day trading on Friday, hitting $22.44. 25,123 shares of the company were exchanged. The stock has a market cap of $274.04 million, a price-to-earnings ratio of 16.39 and a beta of 0.20. The firm has a 50 day moving average price of $21.68 and a 200 day moving average price of $20.66. Central Valley Community Bancorp has a 12 month low of $13.75 and a 12 month high of $23.94.

Several analysts have recently issued reports on the stock. Zacks Investment Research raised shares of Central Valley Community Bancorp from a “hold” rating to a “buy” rating and set a $24.00 price target on the stock in a research report on Monday, April 24th. ValuEngine raised shares of Central Valley Community Bancorp from a “hold” rating to a “buy” rating in a research report on Friday, June 2nd.

Central Valley Community Bancorp Company Profile

Central Valley Community Bancorp is a bank holding company, which operates through its subsidiary, Central Valley Community Bank (the Bank). The Company’s principal business is to provide, through its banking subsidiary, financial services in its primary market area in California. It serves over seven contiguous counties in California’s central valley, including Fresno County, Madera County, Merced County, Sacramento County, San Joaquin County, Stanislaus County, and Tulare County, and surrounding areas through the Bank.

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Article source: https://www.thecerbatgem.com/2017/07/17/nationwide-fund-advisors-has-505000-position-in-central-valley-community-bancorp-cvcy-updated-updated.html