Central Valley Community Bancorp (NASDAQ:CVCY) Share Price Crosses Above 200-Day Moving Average of $20.81

Central Valley Community Bancorp (NASDAQ:CVCY – Get Rating) crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $20.81 and traded as high as $23.00. Central Valley Community Bancorp shares last traded at $20.73, with a volume of 56,426 shares.

Analyst Ratings Changes

Several research firms have weighed in on CVCY. DA Davidson reaffirmed a “buy” rating on shares of Central Valley Community Bancorp in a research note on Monday, January 30th. StockNews.com lowered shares of Central Valley Community Bancorp from a “buy” rating to a “hold” rating in a report on Saturday, November 26th.

Central Valley Community Bancorp Stock Up 1.7 %

The company’s 50-day moving average is $23.89 and its 200 day moving average is $20.81. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.62 and a current ratio of 0.62. The company has a market capitalization of $243.68 million, a PE ratio of 9.13 and a beta of 0.82.

Central Valley Community Bancorp Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, February 24th. Stockholders of record on Friday, February 10th were given a dividend of $0.12 per share. The ex-dividend date was Thursday, February 9th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 2.32%. Central Valley Community Bancorp’s dividend payout ratio is currently 21.15%.

Institutional Trading of Central Valley Community Bancorp

Several institutional investors and hedge funds have recently modified their holdings of the stock. American Century Companies Inc. increased its stake in shares of Central Valley Community Bancorp by 0.9% in the fourth quarter. American Century Companies Inc. now owns 63,125 shares of the financial services provider’s stock worth $1,337,000 after acquiring an additional 556 shares during the period. UBS Group AG lifted its holdings in Central Valley Community Bancorp by 85.1% during the fourth quarter. UBS Group AG now owns 1,488 shares of the financial services provider’s stock valued at $32,000 after purchasing an additional 684 shares in the last quarter. State Street Corp lifted its holdings in Central Valley Community Bancorp by 2.8% during the first quarter. State Street Corp now owns 41,901 shares of the financial services provider’s stock valued at $978,000 after purchasing an additional 1,152 shares in the last quarter. Captrust Financial Advisors lifted its stake in shares of Central Valley Community Bancorp by 72.3% in the second quarter. Captrust Financial Advisors now owns 3,313 shares of the financial services provider’s stock worth $48,000 after buying an additional 1,390 shares in the last quarter. Finally, BNP Paribas Arbitrage SA lifted its stake in shares of Central Valley Community Bancorp by 582.9% in the second quarter. BNP Paribas Arbitrage SA now owns 1,762 shares of the financial services provider’s stock worth $26,000 after buying an additional 1,504 shares in the last quarter. Institutional investors own 46.23% of the company’s stock.

Central Valley Community Bancorp Company Profile

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Central Valley Community Bancorp is a bank holding company, which engages in the provision of business and personal banking, and wealth management services. It operates through the following portfolio: commercial, real estate, and consumer. The commercial portfolio includes commercial and industrial loans, and agricultural production.