Hennessy Advisors Inc. cut its holdings in shares of Southern California Bancorp (NASDAQ:BCAL – Free Report) by 5.3% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 180,000 shares of the company’s stock after selling 10,000 shares during the quarter. Hennessy Advisors Inc.’s holdings in Southern California Bancorp were worth $2,977,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other hedge funds and other institutional investors have also recently modified their holdings of BCAL. SG Americas Securities LLC acquired a new stake in shares of Southern California Bancorp during the third quarter valued at about $123,000. Empowered Funds LLC acquired a new stake in Southern California Bancorp in the 3rd quarter valued at approximately $160,000. Rhumbline Advisers purchased a new stake in Southern California Bancorp in the second quarter valued at approximately $166,000. Creekside Partners purchased a new stake in Southern California Bancorp in the third quarter valued at approximately $190,000. Finally, Jane Street Group LLC acquired a new position in Southern California Bancorp during the third quarter worth $202,000. 55.40% of the stock is owned by institutional investors and hedge funds.
Southern California Bancorp Trading Up 0.6 %
BCAL opened at $15.17 on Friday. The stock’s 50-day moving average price is $16.90 and its 200 day moving average price is $15.37. Southern California Bancorp has a 12-month low of $12.30 and a 12-month high of $18.49. The firm has a market cap of $488.02 million, a price-to-earnings ratio of -189.63 and a beta of 1.12.
Southern California Bancorp Company 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.
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