Barclays PLC Acquires 4,380 Shares of Red River Bancshares, Inc. (NASDAQ:RRBI)

Barclays PLC lifted its holdings in Red River Bancshares, Inc. (NASDAQ:RRBI) by 268.4% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 6,012 shares of the company’s stock after acquiring an additional 4,380 shares during the period. Barclays PLC owned 0.09% of Red River Bancshares worth $313,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in the business. Charles Schwab Investment Management Inc. raised its position in Red River Bancshares by 2.7% during the third quarter. Charles Schwab Investment Management Inc. now owns 13,043 shares of the company’s stock valued at $678,000 after purchasing an additional 349 shares during the period. Renaissance Technologies LLC lifted its position in Red River Bancshares by 6.8% in the second quarter. Renaissance Technologies LLC now owns 11,000 shares of the company’s stock worth $528,000 after buying an additional 700 shares during the last quarter. State Street Corp boosted its stake in Red River Bancshares by 1.1% during the third quarter. State Street Corp now owns 95,219 shares of the company’s stock worth $4,951,000 after buying an additional 993 shares during the period. FMR LLC increased its position in Red River Bancshares by 140.5% during the third quarter. FMR LLC now owns 2,128 shares of the company’s stock valued at $111,000 after acquiring an additional 1,243 shares during the last quarter. Finally, Martingale Asset Management L P raised its stake in shares of Red River Bancshares by 17.6% in the third quarter. Martingale Asset Management L P now owns 9,425 shares of the company’s stock valued at $490,000 after acquiring an additional 1,408 shares during the period. Institutional investors own 27.55% of the company’s stock.

Red River Bancshares Trading Down 1.4 %

RRBI stock opened at $52.75 on Friday. The stock has a market cap of $357.49 million, a PE ratio of 11.11 and a beta of 0.62. Red River Bancshares, Inc. has a 12 month low of $42.78 and a 12 month high of $62.13. The company has a 50-day moving average price of $57.08 and a 200 day moving average price of $53.06.

Red River Bancshares (NASDAQ:RRBI) last released its earnings results on Wednesday, October 30th. The company reported $1.27 EPS for the quarter, beating analysts’ consensus estimates of $1.18 by $0.09. Red River Bancshares had a return on equity of 10.76% and a net margin of 21.42%. The firm had revenue of $40.32 million for the quarter, compared to analysts’ expectations of $27.41 million. Sell-side analysts forecast that Red River Bancshares, Inc. will post 4.79 EPS for the current year.

Red River Bancshares Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, December 19th. Stockholders of record on Monday, December 9th were given a dividend of $0.09 per share. The ex-dividend date was Monday, December 9th. This represents a $0.36 annualized dividend and a dividend yield of 0.68%. Red River Bancshares’s dividend payout ratio (DPR) is 7.58%.

Red River Bancshares Company Profile

Red River Bancshares, Inc operates as a bank holding company for Red River Bank that provides banking products and services to commercial and retail customers in Louisiana. The company provides various deposit products, including checking, saving, money market accounts, and time deposits. It offers commercial real estate loans; one-to-four family mortgage loans and home equity lines of credit; construction and development loans; commercial and industrial loans; small business administration paycheck protection program loans; tax-exempt loans; consumer loans to individuals for personal, family, and household purposes, including secured and unsecured installment and term loans; home mortgage loans; and lines of credit and standby letters of credit.