BNP Paribas Financial Markets Increases Holdings in Bank7 Corp. (NASDAQ:BSVN)

BNP Paribas Financial Markets increased its stake in Bank7 Corp. (NASDAQ:BSVN) by 22.9% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,504 shares of the company’s stock after acquiring an additional 280 shares during the period. BNP Paribas Financial Markets’ holdings in Bank7 were worth $56,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. Copeland Capital Management LLC bought a new stake in shares of Bank7 in the 3rd quarter valued at approximately $48,000. Los Angeles Capital Management LLC purchased a new stake in Bank7 during the 3rd quarter valued at $700,000. Acadian Asset Management LLC lifted its position in Bank7 by 4.9% in the second quarter. Acadian Asset Management LLC now owns 21,762 shares of the company’s stock worth $680,000 after buying an additional 1,025 shares during the last quarter. Connor Clark & Lunn Investment Management Ltd. boosted its stake in Bank7 by 44.2% during the third quarter. Connor Clark & Lunn Investment Management Ltd. now owns 24,171 shares of the company’s stock worth $906,000 after buying an additional 7,414 shares during the period. Finally, Inspire Investing LLC bought a new position in Bank7 during the second quarter valued at $831,000. 23.48% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Separately, Keefe, Bruyette & Woods raised their target price on shares of Bank7 from $45.00 to $53.00 and gave the stock an “outperform” rating in a report on Wednesday, December 4th.

Bank7 Stock Performance

Shares of NASDAQ BSVN opened at $43.13 on Friday. Bank7 Corp. has a fifty-two week low of $24.45 and a fifty-two week high of $49.42. The company has a market cap of $402.96 million, a price-to-earnings ratio of 11.35 and a beta of 1.47. The business’s 50 day moving average price is $44.91 and its 200-day moving average price is $39.04.

Bank7 (NASDAQ:BSVN) last announced its quarterly earnings data on Friday, October 11th. The company reported $1.24 EPS for the quarter, beating the consensus estimate of $1.07 by $0.17. Bank7 had a return on equity of 19.13% and a net margin of 24.22%. The company had revenue of $24.89 million for the quarter, compared to the consensus estimate of $24.00 million. Sell-side analysts predict that Bank7 Corp. will post 4.57 earnings per share for the current year.

Bank7 Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, January 8th. Investors of record on Friday, December 20th will be paid a $0.24 dividend. This represents a $0.96 annualized dividend and a yield of 2.23%. The ex-dividend date of this dividend is Friday, December 20th. Bank7’s dividend payout ratio is presently 25.26%.

Bank7 Company Profile

Bank7 Corp. operates as a bank holding company for Bank7 that provides banking and financial services to individual and corporate customers. It offers commercial deposit, commercial checking, money market, and other deposit accounts; and retail deposit services, such as certificates of deposit, money market accounts, checking accounts, negotiable order of withdrawal accounts, savings accounts, and automated teller machine access.