Analysts at KBW Maintain their Past ‘”Hold”’ rating on Shares Central Valley Community Bancorp (NASDAQ:CVCY), Set a $24.0 TP

April 16, 2018 - By Ellis Scott

Investors sentiment increased to 2.72 in Q4 2017. Its up 0.55, from 2.17 in 2017Q3. It increased, as 5 investors sold Central Valley Community Bancorp shares while 13 reduced holdings. 17 funds opened positions while 32 raised stakes. 5.66 million shares or 6.74% more from 5.30 million shares in 2017Q3 were reported.

Invesco reported 52,268 shares. Panagora Asset invested 0.01% in Central Valley Community Bancorp (NASDAQ:CVCY). Bailard Inc has invested 0.02% in Central Valley Community Bancorp (NASDAQ:CVCY). Matarin Cap Mngmt owns 27,752 shares. Manufacturers Life Insurance The, a Ontario – Canada-based fund reported 9,482 shares. Banc Funds Ltd Co has invested 0.77% of its portfolio in Central Valley Community Bancorp (NASDAQ:CVCY). Kennedy Mngmt Inc reported 0.1% of its portfolio in Central Valley Community Bancorp (NASDAQ:CVCY). Dimensional Fund Advsrs L P accumulated 205,381 shares. Legal General Gp Plc reported 2,886 shares. California State Teachers Retirement Systems invested in 15,755 shares. North Star Investment holds 0% or 150 shares. Ameritas Invest Prtnrs invested in 0% or 682 shares. Tiaa Cref Limited Liability Corp accumulated 0% or 24,762 shares. Bnp Paribas Arbitrage Sa holds 2,813 shares. Geode Cap Llc invested 0% of its portfolio in Central Valley Community Bancorp (NASDAQ:CVCY).

Since March 9, 2018, it had 0 insider buys, and 1 insider sale for $100,429 activity.

Central Valley Community Bancorp (NASDAQ:CVCY) Rating Reaffirmed

In a report sent to investors this morning, KBW reconfirmed their “Hold” rating on Central Valley Community Bancorp (NASDAQ:CVCY) shares. The PT indicates a possible upside of 19.34 % from company’s previous close.

Investors sentiment increased to 2.72 in Q4 2017. Its up 0.55, from 2.17 in 2017Q3. It increased, as 5 investors sold Central Valley Community Bancorp shares while 13 reduced holdings. 17 funds opened positions while 32 raised stakes. 5.66 million shares or 6.74% more from 5.30 million shares in 2017Q3 were reported.

Invesco reported 52,268 shares. Panagora Asset invested 0.01% in Central Valley Community Bancorp (NASDAQ:CVCY). Bailard Inc has invested 0.02% in Central Valley Community Bancorp (NASDAQ:CVCY). Matarin Cap Mngmt owns 27,752 shares. Manufacturers Life Insurance The, a Ontario – Canada-based fund reported 9,482 shares. Banc Funds Ltd Co has invested 0.77% of its portfolio in Central Valley Community Bancorp (NASDAQ:CVCY). Kennedy Mngmt Inc reported 0.1% of its portfolio in Central Valley Community Bancorp (NASDAQ:CVCY). Dimensional Fund Advsrs L P accumulated 205,381 shares. Legal General Gp Plc reported 2,886 shares. California State Teachers Retirement Systems invested in 15,755 shares. North Star Investment holds 0% or 150 shares. Ameritas Invest Prtnrs invested in 0% or 682 shares. Tiaa Cref Limited Liability Corp accumulated 0% or 24,762 shares. Bnp Paribas Arbitrage Sa holds 2,813 shares. Geode Cap Llc invested 0% of its portfolio in Central Valley Community Bancorp (NASDAQ:CVCY).

Since March 9, 2018, it had 0 insider buys, and 1 insider sale for $100,429 activity.

Central Valley Community Bancorp (NASDAQ:CVCY) Ratings Coverage

Among 2 analysts covering Central Valley Community Bancorp (NASDAQ:CVCY), 1 have Buy rating, 0 Sell and 1 Hold. Therefore 50% are positive. Central Valley Community Bancorp has $25.0 highest and $23.0 lowest target. $23.50’s average target is 16.86% above currents $20.11 stock price. Central Valley Community Bancorp had 4 analyst reports since December 21, 2017 according to SRatingsIntel. The stock of Central Valley Community Bancorp (NASDAQ:CVCY) has “Buy” rating given on Thursday, March 29 by Sandler O’Neill. The stock of Central Valley Community Bancorp (NASDAQ:CVCY) earned “Hold” rating by Keefe Bruyette & Woods on Thursday, December 21. The firm has “Buy” rating by Sandler O’Neill given on Thursday, January 4. The rating was maintained by Keefe Bruyette & Woods on Wednesday, January 24 with “Hold”.

The stock decreased 0.45% or $0.09 during the last trading session, reaching $20.11. About 6,395 shares traded. Central Valley Community Bancorp (NASDAQ:CVCY) has declined 2.68% since April 16, 2017 and is downtrending. It has underperformed by 14.23% the S&P500.

Analysts await Central Valley Community Bancorp (NASDAQ:CVCY) to report earnings on April, 18. They expect $0.30 earnings per share, down 14.29 % or $0.05 from last year’s $0.35 per share. CVCY’s profit will be $4.13M for 16.76 P/E if the $0.30 EPS becomes a reality. After $0.28 actual earnings per share reported by Central Valley Community Bancorp for the previous quarter, Wall Street now forecasts 7.14 % EPS growth.

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. The company has market cap of $276.54 million. The firm accepts deposit products, such as 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 18.28 P/E ratio. The Company’s loan products include commercial and industrial loans, as well as loans secured by crop production and livestock; owner occupied and investor commercial real estate, real estate construction and other land, agricultural real estate, and other real estate loans; and equity loans and lines of credit, and installment and other consumer loans.

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

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