Barclays PLC Acquires 7,947 Shares of Bank7 Corp. (NASDAQ:BSVN)

Barclays PLC boosted its stake in shares of Bank7 Corp. (NASDAQ:BSVN) by 158.7% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 12,953 shares of the company’s stock after purchasing an additional 7,947 shares during the quarter. Barclays PLC owned about 0.14% of Bank7 worth $486,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Los Angeles Capital Management LLC bought a new position in Bank7 in the 3rd quarter valued at about $700,000. BNP Paribas Financial Markets increased its stake in shares of Bank7 by 22.9% during the third quarter. BNP Paribas Financial Markets now owns 1,504 shares of the company’s stock worth $56,000 after purchasing an additional 280 shares during the period. Connor Clark & Lunn Investment Management Ltd. lifted its holdings in Bank7 by 44.2% during the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 24,171 shares of the company’s stock worth $906,000 after purchasing an additional 7,414 shares during the last quarter. State Street Corp grew its holdings in Bank7 by 10.4% in the 3rd quarter. State Street Corp now owns 47,430 shares of the company’s stock valued at $1,789,000 after buying an additional 4,465 shares in the last quarter. Finally, Inspire Investing LLC bought a new position in Bank7 during the 2nd quarter worth $831,000. 23.48% of the stock is currently owned by institutional investors and hedge funds.

Bank7 Price Performance

Shares of NASDAQ BSVN opened at $44.79 on Friday. The business has a fifty day moving average price of $45.79 and a two-hundred day moving average price of $40.20. The stock has a market capitalization of $418.47 million, a PE ratio of 11.79 and a beta of 1.47. Bank7 Corp. has a fifty-two week low of $24.45 and a fifty-two week high of $49.42.

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

Bank7 Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, January 8th. Investors of record on Friday, December 20th will be given a dividend of $0.24 per share. The ex-dividend date is Friday, December 20th. This represents a $0.96 annualized dividend and a dividend yield of 2.14%. Bank7’s dividend payout ratio is 25.26%.

Analysts Set New Price Targets

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

Bank7 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.