Bank7 Corp. (NASDAQ:BSVN) Shares Acquired by State Street Corp

State Street Corp lifted its holdings in Bank7 Corp. (NASDAQ:BSVN) by 10.4% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 47,430 shares of the company’s stock after acquiring an additional 4,465 shares during the quarter. State Street Corp owned 0.51% of Bank7 worth $1,789,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the business. Bank of New York Mellon Corp boosted its holdings in Bank7 by 4.0% in the second quarter. Bank of New York Mellon Corp now owns 38,523 shares of the company’s stock valued at $1,206,000 after purchasing an additional 1,478 shares during the last quarter. Acadian Asset Management LLC lifted its holdings in shares of Bank7 by 4.9% in the 2nd quarter. Acadian Asset Management LLC now owns 21,762 shares of the company’s stock valued at $680,000 after buying an additional 1,025 shares during the period. Inspire Investing LLC purchased a new stake in shares of Bank7 in the second quarter worth about $831,000. Copeland Capital Management LLC acquired a new stake in Bank7 during the third quarter worth about $48,000. Finally, Los Angeles Capital Management LLC purchased a new position in Bank7 during the third quarter valued at approximately $700,000. Hedge funds and other institutional investors own 23.48% of the company’s stock.

Analysts Set New Price Targets

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

Bank7 Stock Performance

BSVN opened at $46.66 on Thursday. The company has a fifty day moving average of $45.75 and a two-hundred day moving average of $40.17. Bank7 Corp. has a fifty-two week low of $24.45 and a fifty-two week high of $49.42. The stock has a market capitalization of $435.94 million, a price-to-earnings ratio of 12.28 and a beta of 1.47.

Bank7 (NASDAQ:BSVN) last announced its quarterly earnings results on Friday, October 11th. The company reported $1.24 earnings per share for the quarter, beating the consensus estimate of $1.07 by $0.17. The firm had revenue of $24.89 million during the quarter, compared to analyst estimates of $24.00 million. Bank7 had a return on equity of 19.13% and a net margin of 24.22%. On average, equities research analysts forecast that Bank7 Corp. will post 4.57 earnings per share for the current year.

Bank7 Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, January 8th. Stockholders of record on Friday, December 20th will be paid a dividend of $0.24 per share. This represents a $0.96 annualized dividend and a dividend yield of 2.06%. The ex-dividend date of this dividend is Friday, December 20th. Bank7’s payout ratio is 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.