28,134 Shares in Bank of Commerce Holdings (CA) (BOCH) Acquired by Teachers Advisors LLC

Teachers Advisors LLC purchased a new stake in Bank of Commerce Holdings (CA) (NASDAQ:BOCH) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 28,134 shares of the financial services provider’s stock, valued at approximately $311,000. Teachers Advisors LLC owned 0.19% of Bank of Commerce Holdings (CA) at the end of the most recent reporting period.

Other institutional investors have also made changes to their positions in the company. Bank of New York Mellon Corp increased its holdings in Bank of Commerce Holdings (CA) by 14.2% in the 1st quarter. Bank of New York Mellon Corp now owns 13,223 shares of the financial services provider’s stock valued at $142,000 after buying an additional 1,645 shares during the period. Rhumbline Advisers bought a new stake in Bank of Commerce Holdings (CA) in the 2nd quarter valued at $178,000. Schwab Charles Investment Management Inc. bought a new stake in Bank of Commerce Holdings (CA) in the 2nd quarter valued at $302,000. Genovese Burford & Brothers Wealth & Retirement Plan Management LLC increased its holdings in Bank of Commerce Holdings (CA) by 8.3% in the 2nd quarter. Genovese Burford & Brothers Wealth & Retirement Plan Management LLC now owns 67,465 shares of the financial services provider’s stock valued at $745,000 after buying an additional 5,168 shares during the period. Finally, Geode Capital Management LLC bought a new stake in Bank of Commerce Holdings (CA) in the 1st quarter valued at $1,141,000. 51.72% of the stock is currently owned by hedge funds and other institutional investors.

Shares of Bank of Commerce Holdings (BOCH) opened at $11.70 on Friday. The company has a quick ratio of 0.85, a current ratio of 0.85 and a debt-to-equity ratio of 0.22. Bank of Commerce Holdings has a fifty-two week low of $7.90 and a fifty-two week high of $12.40. The firm has a market cap of $188.75, a PE ratio of 17.31, a PEG ratio of 2.42 and a beta of 0.44.

Bank of Commerce Holdings (CA) (NASDAQ:BOCH) last posted its earnings results on Friday, October 20th. The financial services provider reported $0.18 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.16 by $0.02. Bank of Commerce Holdings (CA) had a net margin of 19.58% and a return on equity of 8.66%. The business had revenue of $11.58 million for the quarter, compared to analyst estimates of $11.67 million. research analysts expect that Bank of Commerce Holdings will post 0.69 earnings per share for the current year.

BOCH has been the topic of several analyst reports. Zacks Investment Research raised shares of Bank of Commerce Holdings (CA) from a “hold” rating to a “buy” rating and set a $12.00 price target on the stock in a report on Tuesday, July 25th. ValuEngine raised shares of Bank of Commerce Holdings (CA) from a “buy” rating to a “strong-buy” rating in a report on Friday, September 1st.

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Bank of Commerce Holdings (CA) Profile

Bank of Commerce Holdings (Holding Company) is a bank holding company. The Company’s principal business is to serve as a holding company for Redding Bank of Commerce (Bank), which operates under two separate names (Redding Bank of Commerce and Sacramento Bank of Commerce). The Bank operates over four full service facilities in two diverse markets in Northern California.

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Institutional Ownership by Quarter for Bank of Commerce Holdings (CA) (NASDAQ:BOCH)

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