This is why CoBiz Financial Inc. (NASDAQ:COBZ) will be paying investors dividends of $0.06 on Aug 7, 2017.

July 26, 2017 - By Winifred Garcia

 This is why CoBiz Financial Inc. (NASDAQ:COBZ) will be paying investors dividends of $0.06 on Aug 7, 2017.
Investors sentiment increased to 2.08 in 2016 Q4. Its up 0.27, from 1.81 in 2016Q3. It is positive, as 4 investors sold CoBiz Financial Inc shares while 21 reduced holdings. 13 funds opened positions while 39 raised stakes. 31.22 million shares or 0.06% less from 31.24 million shares in 2016Q3 were reported.
Public Employees Retirement Association Of Colorado, Colorado-based fund reported 16,938 shares. Perkins Mngmt Lc accumulated 1.19M shares. Ftb Incorporated owns 200 shares. Dimensional Fund Advsr L P accumulated 1.82 million shares. Dalton Greiner Hartman Maher & holds 0.07% of its portfolio in CoBiz Financial Inc (NASDAQ:COBZ) for 75,631 shares. Stifel Financial Corp reported 225,608 shares. California Pub Employees Retirement System stated it has 84,800 shares. Martingale Asset Mgmt Limited Partnership holds 0.01% or 25,742 shares. Blackrock Fund Advisors holds 0% of its portfolio in CoBiz Financial Inc (NASDAQ:COBZ) for 1.22M shares. Eagle Asset Mngmt Inc invested in 0.06% or 525,292 shares. Wellington Mngmt Gp Ltd Liability Partnership has 0.01% invested in CoBiz Financial Inc (NASDAQ:COBZ) for 2.29 million shares. Goldman Sachs Grp Inc has 0.01% invested in CoBiz Financial Inc (NASDAQ:COBZ). Jpmorgan Chase & holds 55,732 shares. Hsbc Public Ltd Co has invested 0.07% of its portfolio in CoBiz Financial Inc (NASDAQ:COBZ). 863,869 were accumulated by Savings Bank Of Mellon Corporation.

Since January 30, 2017, it had 0 buys, and 15 insider sales for $1.05 million activity. Shares for $25,050 were sold by BURGAMY MICHAEL B on Wednesday, May 3. 10,000 shares were sold by BANGERT STEVEN, worth $164,100. 3,500 shares valued at $58,105 were sold by MAKOVSKY EVAN on Thursday, May 4. Shares for $62,577 were sold by White Mary M on Wednesday, March 15. 10,000 shares were sold by DALTON RICHARD J, worth $174,995 on Monday, January 30. OSTERTAG ROBERT had sold 3,976 shares worth $63,690. The insider Huss Christopher S sold 5,000 shares worth $86,750.

CoBiz Financial Inc. (NASDAQ:COBZ) is expected to pay $0.06 on Aug 7, 2017. The indicated annual dividend is $0.22. Shareholders owning the stock before Jul 27, 2017 will be eligible to receive the payout. Based on CoBiz Financial Inc.’s current price of $18.02, the dividend is 0.31 %. This dividend’s record date is Jul 31, 2017 and the announcement date is Jul 21, 2017. The stock increased 2.04% or $0.36 during the last trading session, reaching $18.02. About shares traded. CoBiz Financial Inc (NASDAQ:COBZ) has risen 31.61% since July 26, 2016 and is uptrending. It has outperformed by 14.91% the S&P500.

CoBiz Financial Inc. is a financial holding company. The company has market cap of $755.09 million. The Firm provides a range of banking and related services through its subsidiaries, CoBiz Bank , CoBiz Insurance, Inc. and CoBiz IM, Inc. (CoBiz IM). It has a 20.82 P/E ratio. The Company’s divisions include Commercial Banking, Fee-Based Lines, and Corporate Support and Other.

CoBiz Financial Inc (NASDAQ:COBZ) Ratings Coverage

Among 5 analysts covering CoBiz Financial Inc (NASDAQ:COBZ), 3 have Buy rating, 0 Sell and 2 Hold. Therefore 60% are positive. CoBiz Financial Inc had 9 analyst reports since July 20, 2015 according to SRatingsIntel. The stock of CoBiz Financial Inc (NASDAQ:COBZ) has “Sell” rating given on Monday, August 17 by Zacks. Macquarie Research maintained CoBiz Financial Inc (NASDAQ:COBZ) on Monday, October 19 with “Outperform” rating. The stock of CoBiz Financial Inc (NASDAQ:COBZ) earned “Market Perform” rating by Hovde Group on Monday, April 25. The rating was maintained by Keefe Bruyette & Woods with “Buy” on Friday, July 21. The firm has “Neutral” rating given on Monday, October 24 by Macquarie Research. The rating was maintained by RBC Capital Markets with “Outperform” on Tuesday, February 16. The stock of CoBiz Financial Inc (NASDAQ:COBZ) earned “Hold” rating by Zacks on Monday, August 31.

More news for CoBiz Financial Inc (NASDAQ:COBZ) were recently published by: Nasdaq.com, which released: “Is a Surprise Coming for CoBiz Financial (COBZ) This Earnings Season?” on July 19, 2017. Seekingalpha.com‘s article titled: “CoBiz Financial’s (COBZ) CEO Steve Bangert on Q2 2017 Results – Earnings Call …” and published on July 21, 2017 is yet another important article.

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