Alpine Woods Capital Investors LLC decreased its stake in shares of Bank of Commerce Holdings (CA) (NASDAQ:BOCH) by 48.3% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 15,000 shares of the financial services provider’s stock after selling 14,000 shares during the period. Alpine Woods Capital Investors LLC owned 0.10% of Bank of Commerce Holdings (CA) worth $166,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of the stock. Vanguard Group Inc. increased its stake in shares of Bank of Commerce Holdings (CA) by 2.4% in the first quarter. Vanguard Group Inc. now owns 666,055 shares of the financial services provider’s stock valued at $7,127,000 after buying an additional 15,800 shares in the last quarter. Emerald Mutual Fund Advisers Trust acquired a new stake in shares of Bank of Commerce Holdings (CA) during the second quarter valued at approximately $4,692,000. Pacific Ridge Capital Partners LLC increased its stake in shares of Bank of Commerce Holdings (CA) by 1.1% in the first quarter. Pacific Ridge Capital Partners LLC now owns 353,706 shares of the financial services provider’s stock valued at $3,785,000 after buying an additional 4,011 shares in the last quarter. Wellington Management Group LLP increased its stake in shares of Bank of Commerce Holdings (CA) by 222.9% in the first quarter. Wellington Management Group LLP now owns 333,184 shares of the financial services provider’s stock valued at $3,565,000 after buying an additional 229,988 shares in the last quarter. Finally, Dimensional Fund Advisors LP increased its stake in shares of Bank of Commerce Holdings (CA) by 12.2% in the first quarter. Dimensional Fund Advisors LP now owns 206,327 shares of the financial services provider’s stock valued at $2,208,000 after buying an additional 22,369 shares in the last quarter. Institutional investors and hedge funds own 34.79% of the company’s stock.

Shares of Bank of Commerce Holdings (NASDAQ BOCH) opened at 10.30 on Monday. Bank of Commerce Holdings has a 52 week low of $6.67 and a 52 week high of $11.90. The firm’s 50-day moving average price is $10.63 and its 200 day moving average price is $10.76. The stock has a market capitalization of $167.48 million, a P/E ratio of 15.65 and a beta of 0.44.

Bank of Commerce Holdings (CA) (NASDAQ:BOCH) last issued its quarterly earnings results on Friday, July 21st. The financial services provider reported $0.15 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.14 by $0.01. The business had revenue of $11.16 million for the quarter, compared to the consensus estimate of $11.23 million. Bank of Commerce Holdings (CA) had a return on equity of 8.88% and a net margin of 19.12%. Analysts expect that Bank of Commerce Holdings will post $0.63 earnings per share for the current year.

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Several analysts have commented on BOCH shares. Zacks Investment Research upgraded Bank of Commerce Holdings (CA) from a “hold” rating to a “buy” rating and set a $12.00 target price on the stock in a research note on Tuesday, July 25th. ValuEngine upgraded Bank of Commerce Holdings (CA) from a “hold” rating to a “buy” rating in a research note on Friday, June 2nd. Finally, DA Davidson started coverage on Bank of Commerce Holdings (CA) in a research note on Friday, May 19th. They set a “neutral” rating and a $12.00 target price on the stock.

Bank of Commerce Holdings (CA) Company 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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