Virtu Financial LLC bought a new position in shares of CU Bancorp (CA) (NASDAQ:CUNB) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 19,043 shares of the financial services provider’s stock, valued at approximately $688,000. Virtu Financial LLC owned about 0.11% of CU Bancorp (CA) as of its most recent filing with the SEC.

Several other large investors also recently modified their holdings of CUNB. Vanguard Group Inc. increased its stake in shares of CU Bancorp (CA) by 19.0% in the first quarter. Vanguard Group Inc. now owns 619,881 shares of the financial services provider’s stock worth $24,578,000 after buying an additional 98,823 shares in the last quarter. Goldman Sachs Group Inc. increased its stake in shares of CU Bancorp (CA) by 5.1% in the first quarter. Goldman Sachs Group Inc. now owns 584,617 shares of the financial services provider’s stock worth $23,180,000 after buying an additional 28,506 shares in the last quarter. State Street Corp increased its stake in shares of CU Bancorp (CA) by 9.1% in the fourth quarter. State Street Corp now owns 273,460 shares of the financial services provider’s stock worth $9,790,000 after buying an additional 22,834 shares in the last quarter. Renaissance Technologies LLC increased its stake in shares of CU Bancorp (CA) by 3.2% in the first quarter. Renaissance Technologies LLC now owns 210,000 shares of the financial services provider’s stock worth $8,327,000 after buying an additional 6,500 shares in the last quarter. Finally, Dimensional Fund Advisors LP increased its stake in shares of CU Bancorp (CA) by 42.1% in the first quarter. Dimensional Fund Advisors LP now owns 203,613 shares of the financial services provider’s stock worth $8,073,000 after buying an additional 60,295 shares in the last quarter. Institutional investors and hedge funds own 57.53% of the company’s stock.

CU Bancorp (NASDAQ:CUNB) traded up 0.82% on Friday, reaching $37.05. 65,016 shares of the company’s stock traded hands. The stock has a market capitalization of $651.45 million, a PE ratio of 22.04 and a beta of 0.69. CU Bancorp has a 52-week low of $22.35 and a 52-week high of $40.30. The firm’s 50-day moving average is $36.51 and its 200 day moving average is $37.35.

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A number of brokerages recently weighed in on CUNB. Zacks Investment Research raised shares of CU Bancorp (CA) from a “hold” rating to a “strong-buy” rating and set a $42.00 price objective for the company in a research report on Wednesday, July 19th. BidaskClub downgraded shares of CU Bancorp (CA) from a “sell” rating to a “strong sell” rating in a research report on Saturday. FIG Partners raised shares of CU Bancorp (CA) from a “market perform” rating to an “outperform” rating in a research report on Tuesday, May 2nd. Finally, Raymond James Financial, Inc. raised shares of CU Bancorp (CA) from a “market perform” rating to an “outperform” rating in a research report on Monday, May 8th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and five have issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and a consensus price target of $41.50.

About CU Bancorp (CA)

CU Bancorp is the bank holding company of California United Bank (the Bank). The Bank is a full-service commercial bank offering a range of banking products and services designed for small and medium-sized businesses, non-profit organizations, business owners and entrepreneurs, and the professional community.

Institutional Ownership by Quarter for CU Bancorp (CA) (NASDAQ:CUNB)

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