Creekside Partners Makes New $190,000 Investment in Southern California Bancorp (NASDAQ:BCAL)

Creekside Partners bought a new position in shares of Southern California Bancorp (NASDAQ:BCAL) during the third quarter, according to the company in its most recent disclosure with the SEC. The firm bought 12,839 shares of the company’s stock, valued at approximately $190,000. Creekside Partners owned about 0.07% of Southern California Bancorp as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of the company. SG Americas Securities LLC acquired a new stake in shares of Southern California Bancorp during the 3rd quarter worth approximately $123,000. Empowered Funds LLC acquired a new stake in Southern California Bancorp in the 3rd quarter valued at approximately $160,000. Rhumbline Advisers acquired a new stake in Southern California Bancorp in the 2nd quarter valued at approximately $166,000. Pacific Ridge Capital Partners LLC acquired a new stake in Southern California Bancorp in the 2nd quarter valued at approximately $359,000. Finally, ELCO Management Co. LLC increased its position in Southern California Bancorp by 25.2% in the 2nd quarter. ELCO Management Co. LLC now owns 26,748 shares of the company’s stock valued at $360,000 after acquiring an additional 5,380 shares during the period. Institutional investors own 55.40% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, Keefe, Bruyette & Woods lowered their target price on Southern California Bancorp from $23.00 to $19.00 and set an “outperform” rating on the stock in a research report on Friday, August 2nd.

Southern California Bancorp Stock Performance

Shares of NASDAQ BCAL opened at $17.25 on Thursday. The stock has a fifty day moving average price of $14.95 and a two-hundred day moving average price of $14.43. The firm has a market cap of $319.94 million, a P/E ratio of -215.00 and a beta of 0.74. Southern California Bancorp has a 1 year low of $12.30 and a 1 year high of $18.00.

Southern California Bancorp 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.