Bank of Commerce Holdings (CA) (NASDAQ:BOCH) was downgraded by ValuEngine from a “strong-buy” rating to a “buy” rating in a note issued to investors on Monday.

Separately, Zacks Investment Research lowered Bank of Commerce Holdings (CA) from a “buy” rating to a “hold” rating in a research note on Thursday, September 14th.

Bank of Commerce Holdings (NASDAQ BOCH) opened at 11.55 on Monday. The company’s 50-day moving average price is $10.56 and its 200-day moving average price is $10.84. Bank of Commerce Holdings has a 12-month low of $7.00 and a 12-month high of $11.90. The stock has a market cap of $187.80 million, a PE ratio of 17.55 and a beta of 0.43.

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

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Several institutional investors and hedge funds have recently made changes to their positions in the business. California State Teachers Retirement System acquired a new stake in shares of Bank of Commerce Holdings (CA) during the second quarter valued at about $303,000. The Manufacturers Life Insurance Company raised its stake in shares of Bank of Commerce Holdings (CA) by 472.0% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 209,521 shares of the financial services provider’s stock valued at $2,315,000 after acquiring an additional 172,891 shares during the period. State Street Corp purchased a new stake in shares of Bank of Commerce Holdings (CA) in the 2nd quarter valued at approximately $1,908,000. Banc Funds Co. LLC raised its stake in shares of Bank of Commerce Holdings (CA) by 16.4% in the 2nd quarter. Banc Funds Co. LLC now owns 1,067,326 shares of the financial services provider’s stock valued at $11,794,000 after acquiring an additional 150,000 shares during the period. Finally, Dimensional Fund Advisors LP raised its stake in shares of Bank of Commerce Holdings (CA) by 11.4% in the 2nd quarter. Dimensional Fund Advisors LP now owns 229,911 shares of the financial services provider’s stock valued at $2,541,000 after acquiring an additional 23,584 shares during the period. Institutional investors and hedge funds own 51.56% of the company’s 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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