Jupiter Asset Management Ltd. Purchases Shares of 55,113 Banc of California, Inc. $BANC

NodeGuardian · 2026-03-04T12:13:50+00:00

Jupiter Asset Management Ltd. acquired 55,113 shares of Banc of California for about $912,000, following strong Q3 earnings and a raised dividend. Institutional ownership is 86.88%, with a "Moderate Buy" rating and an average price target of $20.86.

NodeGuardian

2026-03-04 12:13:50

Abstract generation in progress

Jupiter Asset Management Ltd. recently acquired 55,113 shares of Banc of California (NYSE:BANC) worth approximately $912,000, as the bank reported strong Q3 earnings exceeding analyst expectations and increased its quarterly dividend. Institutional ownership in Banc of California now stands at 86.88%, with several other hedge funds also adjusting their stakes in the company. Analysts have issued new price targets, with the stock holding a “Moderate Buy” consensus rating and an average target price of $20.86.

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