Central Valley Community Bancorp (NASDAQ:CVCY) Stock Sentiment Worsens

September 16, 2018 - By Jason Grubb

Sentiment for Central Valley Community Bancorp (NASDAQ:CVCY)

Central Valley Community Bancorp (NASDAQ:CVCY) institutional sentiment decreased to 1.19 in 2018 Q2. Its down -0.10, from 1.29 in 2018Q1. The ratio worsened, as 32 investment managers opened new or increased stock positions, while 27 sold and trimmed stock positions in Central Valley Community Bancorp. The investment managers in our partner’s database now have: 5.92 million shares, up from 5.81 million shares in 2018Q1. Also, the number of investment managers holding Central Valley Community Bancorp in their top 10 stock positions was flat from 0 to 0 for the same number . Sold All: 3 Reduced: 24 Increased: 25 New Position: 7.

Central Valley Community Bancorp operates as the bank holding firm for the Central Valley Community Bank that provides various commercial banking services to individuals, and small and middle market businesses in the central valley area of California. The company has market cap of $299.01 million. The Company’s deposit products include interest-bearing deposits comprising savings, NOW, and money market accounts, as well as time certificates of deposit; and non-interest bearing demand deposits. It has a 19.51 P/E ratio. The firm also provides commercial and industrial loans, as well as loans secured by crop production and livestock; owner occupied, real estate construction and other land, agricultural and commercial real estate, and other real estate loans; and equity loans and lines of credit, and consumer and installment loans.

The stock increased 0.42% or $0.09 during the last trading session, reaching $21.69. About 48,451 shares traded or 93.33% up from the average. Central Valley Community Bancorp (NASDAQ:CVCY) has risen 8.38% since September 16, 2017 and is uptrending. It has underperformed by 7.24% the S&P500.

Analysts await Central Valley Community Bancorp (NASDAQ:CVCY) to report earnings on October, 17. They expect $0.37 earnings per share, up 2.78 % or $0.01 from last year’s $0.36 per share. CVCY’s profit will be $5.10M for 14.66 P/E if the $0.37 EPS becomes a reality. After $0.36 actual earnings per share reported by Central Valley Community Bancorp for the previous quarter, Wall Street now forecasts 2.78 % EPS growth.

Banc Funds Co Llc holds 0.72% of its portfolio in Central Valley Community Bancorp for 661,317 shares. Private Management Group Inc owns 602,291 shares or 0.63% of their US portfolio. Moreover, Basswood Capital Management L.L.C. has 0.3% invested in the company for 299,233 shares. The California-based Menta Capital Llc has invested 0.15% in the stock. Prospector Partners Llc, a Connecticut-based fund reported 49,928 shares.

Since January 1, 0001, it had 3 insider purchases, and 0 selling transactions for $15,744 activity.

Central Valley Community Bancorp (NASDAQ:CVCY) Institutional Positions Chart

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