BayCom Corp (NASDAQ:BCML) Shares Acquired by SG Americas Securities LLC

SG Americas Securities LLC lifted its stake in shares of BayCom Corp (NASDAQ:BCML) by 13.4% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 6,204 shares of the company’s stock after purchasing an additional 732 shares during the period. SG Americas Securities LLC owned 0.05% of BayCom worth $146,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Bank of America Corp DE boosted its holdings in shares of BayCom by 715.5% during the 1st quarter. Bank of America Corp DE now owns 1,794 shares of the company’s stock worth $39,000 after purchasing an additional 1,574 shares during the last quarter. Citigroup Inc. boosted its holdings in shares of BayCom by 181,650.0% during the 2nd quarter. Citigroup Inc. now owns 3,635 shares of the company’s stock worth $61,000 after purchasing an additional 3,633 shares during the last quarter. UBS Group AG boosted its holdings in shares of BayCom by 499.6% during the 4th quarter. UBS Group AG now owns 3,286 shares of the company’s stock worth $62,000 after purchasing an additional 2,738 shares during the last quarter. Wells Fargo & Company MN boosted its holdings in shares of BayCom by 108.1% during the 2nd quarter. Wells Fargo & Company MN now owns 4,511 shares of the company’s stock worth $75,000 after purchasing an additional 2,343 shares during the last quarter. Finally, American International Group Inc. acquired a new position in shares of BayCom during the 2nd quarter worth approximately $124,000. 66.16% of the stock is currently owned by institutional investors and hedge funds.

BayCom Trading Up 2.1 %

BCML opened at $20.19 on Wednesday. BayCom Corp has a one year low of $15.02 and a one year high of $24.31. The stock has a market capitalization of $231.58 million, a PE ratio of 8.97 and a beta of 0.76. The business’s 50 day moving average price is $20.02 and its 200 day moving average price is $20.79. The company has a debt-to-equity ratio of 0.23, a quick ratio of 1.05 and a current ratio of 1.05.

BayCom (NASDAQ:BCML) last released its quarterly earnings data on Thursday, January 25th. The company reported $0.55 EPS for the quarter, missing analysts’ consensus estimates of $0.57 by ($0.02). BayCom had a net margin of 20.33% and a return on equity of 8.80%. The business had revenue of $26.20 million during the quarter, compared to analyst estimates of $25.90 million. As a group, equities research analysts expect that BayCom Corp will post 2.26 EPS for the current year.

BayCom Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, April 12th. Investors of record on Saturday, March 16th were issued a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a yield of 1.98%. The ex-dividend date of this dividend was Thursday, March 14th. BayCom’s dividend payout ratio is presently 17.78%.

BayCom Company Profile

BayCom Corp operates as the bank holding company for United Business Bank that provides various financial services to small and mid-sized businesses, service professionals, and individuals. The company provides demand, savings, money market, and time deposit accounts. It offers commercial and multifamily real estate loans, including owner-occupied and investor real estate loans; commercial and industrial loans, such as equipment loans and working capital lines of credit; small business administration loans; construction and land loans; agriculture-related loans; and consumer loans comprising installment loans, unsecured and secured personal lines of credit, and overdraft protection.