20,213 Shares in OP Bancorp (NASDAQ:OPBK) Bought by Jane Street Group LLC

Jane Street Group LLC acquired a new position in OP Bancorp (NASDAQ:OPBK) in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 20,213 shares of the company’s stock, valued at approximately $320,000. Jane Street Group LLC owned approximately 0.14% of OP Bancorp at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Schonfeld Strategic Advisors LLC bought a new position in shares of OP Bancorp in the fourth quarter valued at $274,000. Susquehanna International Group LLP boosted its stake in OP Bancorp by 161.3% during the 4th quarter. Susquehanna International Group LLP now owns 156,342 shares of the company’s stock valued at $2,472,000 after purchasing an additional 96,519 shares during the period. Dimensional Fund Advisors LP increased its holdings in shares of OP Bancorp by 3.8% during the 4th quarter. Dimensional Fund Advisors LP now owns 514,902 shares of the company’s stock worth $8,140,000 after purchasing an additional 18,709 shares during the period. Barclays PLC lifted its position in OP Bancorp by 116.2% in the fourth quarter. Barclays PLC now owns 10,046 shares of the company’s stock worth $159,000 after purchasing an additional 5,399 shares during the period. Finally, Raymond James Financial Inc. bought a new position in shares of OP Bancorp during the 4th quarter worth approximately $1,568,000. Institutional investors own 53.63% of the company’s stock.

OP Bancorp Stock Performance

NASDAQ:OPBK opened at $11.94 on Tuesday. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 0.37. The stock has a market capitalization of $177.30 million, a P/E ratio of 8.59 and a beta of 0.65. OP Bancorp has a 1 year low of $9.28 and a 1 year high of $18.57. The firm has a 50 day moving average of $12.14 and a 200-day moving average of $13.93.

OP Bancorp (NASDAQ:OPBK) last released its earnings results on Thursday, April 24th. The company reported $0.37 EPS for the quarter, topping analysts’ consensus estimates of $0.30 by $0.07. OP Bancorp had a net margin of 13.68% and a return on equity of 10.64%. The firm had revenue of $22.23 million during the quarter, compared to analyst estimates of $21.25 million. As a group, sell-side analysts anticipate that OP Bancorp will post 1.9 EPS for the current fiscal year.

OP Bancorp Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, May 22nd. Stockholders of record on Thursday, May 8th were given a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a dividend yield of 4.02%. The ex-dividend date was Thursday, May 8th. OP Bancorp’s dividend payout ratio is 33.80%.

OP Bancorp Company Profile

OP Bancorp operates as the bank holding company for Open Bank that provides banking products and services in California. It offers demand, checking, savings, money market, and time deposit accounts, as well as certificates of deposit. The company also provides commercial real estate, small business administration, commercial and industrial business, single-family residential, term, consumer, and home mortgage loans; trade financing products; and letters of credit, and SWIFT and export advice.