California First National Bancorp (NASDAQ:CFNB) Shares Sold by Alliancebernstein L.P.
Alliancebernstein L.P. cut its position in California First National Bancorp (NASDAQ:CFNB) by 38.2% during the first quarter, Holdings Channel reports. The fund owned 24,435 shares of the financial services provider’s stock after selling 15,075 shares during the period. Alliancebernstein L.P.’s holdings in California First National Bancorp were worth $396,000 as of its most recent SEC filing.
Separately, Bank of New York Mellon Corp raised its position in shares of California First National Bancorp by 31.3% in the first quarter. Bank of New York Mellon Corp now owns 15,635 shares of the financial services provider’s stock worth $253,000 after buying an additional 3,727 shares during the last quarter. Hedge funds and other institutional investors own 12.60% of the company’s stock.
Shares of California First National Bancorp (NASDAQ CFNB) traded up 0.62% during trading on Friday, hitting $16.30. 448 shares of the stock were exchanged. The firm has a 50 day moving average of $17.28 and a 200-day moving average of $16.59. California First National Bancorp has a 52-week low of $13.76 and a 52-week high of $19.40. The stock has a market cap of $167.55 million, a PE ratio of 15.09 and a beta of 0.54.
California First National Bancorp (NASDAQ:CFNB) last released its earnings results on Friday, July 28th. The financial services provider reported $0.24 EPS for the quarter. California First National Bancorp had a net margin of 30.30% and a return on equity of 5.78%. The firm had revenue of $6.15 million for the quarter. Equities research analysts anticipate that California First National Bancorp will post $0.62 earnings per share for the current fiscal year.
TRADEMARK VIOLATION NOTICE: “California First National Bancorp (NASDAQ:CFNB) Shares Sold by Alliancebernstein L.P.” was originally published by Watch List News and is the property of of Watch List News. If you are viewing this story on another publication, it was copied illegally and republished in violation of US & international trademark and copyright legislation. The original version of this story can be viewed at https://www.watchlistnews.com/california-first-national-bancorp-nasdaqcfnb-shares-sold-by-alliancebernstein-l-p/1474733.html.
California First National Bancorp Company Profile
California First National Bancorp is a bank holding company of California First National Bank (CalFirst Bank or the Bank) and leasing subsidiary, California First Leasing Corp (CalFirst Leasing). The primary business of the Company is secured financing provided through leasing and financing capital assets, commercial loans acquired through participation in the syndicated commercial loan market, by providing non-recourse loans to third parties secured by leases and equipment, and direct commercial loans.
Want to see what other hedge funds are holding CFNB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for California First National Bancorp (NASDAQ:CFNB).
Receive News & Ratings for California First National Bancorp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for California First National Bancorp and related companies with Analyst Ratings Network's FREE daily email newsletter.