Walthausen & Co. LLC Has $1.83 Million Holdings in Central Valley Community Bancorp (NASDAQ:CVCY)

Walthausen & Co. LLC lifted its position in shares of Central Valley Community Bancorp (NASDAQ:CVCY) by 7.4% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 84,376 shares of the financial services provider’s stock after purchasing an additional 5,830 shares during the quarter. Walthausen & Co. LLC’s holdings in Central Valley Community Bancorp were worth $1,828,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the company. State Street Corp increased its position in shares of Central Valley Community Bancorp by 5.1% during the fourth quarter. State Street Corp now owns 216,572 shares of the financial services provider’s stock worth $4,693,000 after buying an additional 10,592 shares during the period. Dalton Greiner Hartman Maher & Co. increased its position in shares of Central Valley Community Bancorp by 4.6% during the fourth quarter. Dalton Greiner Hartman Maher & Co. now owns 190,047 shares of the financial services provider’s stock worth $4,118,000 after buying an additional 8,324 shares during the period. Renaissance Technologies LLC increased its position in shares of Central Valley Community Bancorp by 16.5% during the fourth quarter. Renaissance Technologies LLC now owns 184,581 shares of the financial services provider’s stock worth $4,000,000 after buying an additional 26,100 shares during the period. Panagora Asset Management Inc. increased its position in shares of Central Valley Community Bancorp by 5.6% during the fourth quarter. Panagora Asset Management Inc. now owns 135,899 shares of the financial services provider’s stock worth $2,945,000 after buying an additional 7,168 shares during the period. Finally, FMR LLC increased its position in shares of Central Valley Community Bancorp by 77.4% during the fourth quarter. FMR LLC now owns 110,017 shares of the financial services provider’s stock worth $2,384,000 after buying an additional 48,006 shares during the period. Institutional investors own 46.90% of the company’s stock.

Shares of NASDAQ CVCY traded up $0.66 during mid-day trading on Thursday, reaching $12.83. 21,500 shares of the company’s stock traded hands, compared to its average volume of 37,139. The stock has a market cap of $154.95 million, a P/E ratio of 8.07 and a beta of 0.47. The business has a 50-day simple moving average of $16.95 and a 200 day simple moving average of $19.84. Central Valley Community Bancorp has a 1-year low of $10.68 and a 1-year high of $22.15. 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 (NASDAQ:CVCY) last issued its quarterly earnings data on Wednesday, January 22nd. The financial services provider reported $0.34 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.34. The firm had revenue of $17.80 million during the quarter, compared to analysts’ expectations of $18.05 million. Central Valley Community Bancorp had a net margin of 26.92% and a return on equity of 9.32%. Equities research analysts anticipate that Central Valley Community Bancorp will post 1.25 earnings per share for the current fiscal year.

Several equities research analysts have recently weighed in on CVCY shares. Raymond James cut shares of Central Valley Community Bancorp from an “outperform” rating to a “market perform” rating in a research report on Tuesday, January 7th. TheStreet cut shares of Central Valley Community Bancorp from a “b-” rating to a “c+” rating in a report on Monday, March 9th. Zacks Investment Research cut shares of Central Valley Community Bancorp from a “hold” rating to a “sell” rating in a report on Wednesday. BidaskClub cut shares of Central Valley Community Bancorp from a “sell” rating to a “strong sell” rating in a report on Thursday, January 16th. Finally, Piper Sandler assumed coverage on shares of Central Valley Community Bancorp in a report on Thursday, January 23rd. They issued an “overweight” rating and a $24.00 price target for the company. Two analysts have rated the stock with a sell rating, four have issued a hold rating and one has issued a buy rating to the company. The company has a consensus rating of “Hold” and an average price target of $22.33.

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.

Featured Story: Stocks Increasing Dividends

Want to see what other hedge funds are holding CVCY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Central Valley Community Bancorp (NASDAQ:CVCY).

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

Receive News & Ratings for Central Valley Community Bancorp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Central Valley Community Bancorp and related companies with MarketBeat.com's FREE daily email newsletter.