Empowered Funds LLC trimmed its position in shares of Bank7 Corp. (NASDAQ:BSVN – Free Report) by 10.8% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 29,226 shares of the company’s stock after selling 3,546 shares during the period. Empowered Funds LLC owned 0.31% of Bank7 worth $1,364,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds have also recently bought and sold shares of the company. R Squared Ltd bought a new stake in shares of Bank7 during the fourth quarter valued at approximately $30,000. Copeland Capital Management LLC acquired a new stake in Bank7 in the 3rd quarter valued at approximately $48,000. BNP Paribas Financial Markets raised its stake in Bank7 by 22.9% during the 3rd quarter. BNP Paribas Financial Markets now owns 1,504 shares of the company’s stock valued at $56,000 after acquiring an additional 280 shares in the last quarter. MetLife Investment Management LLC acquired a new position in Bank7 during the 3rd quarter worth $86,000. Finally, Barclays PLC grew its stake in shares of Bank7 by 158.7% in the third quarter. Barclays PLC now owns 12,953 shares of the company’s stock worth $486,000 after purchasing an additional 7,947 shares in the last quarter. Institutional investors own 23.48% of the company’s stock.
Analysts Set New Price Targets
A number of equities research analysts recently weighed in on BSVN shares. Keefe, Bruyette & Woods cut their price objective on shares of Bank7 from $53.00 to $52.00 and set an “outperform” rating on the stock in a research note on Friday, January 17th. Piper Sandler upped their price target on shares of Bank7 from $53.00 to $55.00 and gave the stock an “overweight” rating in a research note on Friday, January 17th.
Bank7 Stock Performance
BSVN opened at $43.17 on Monday. The company has a market capitalization of $403.21 million, a PE ratio of 8.92 and a beta of 1.46. The stock’s fifty day moving average is $44.31 and its 200-day moving average is $42.38. Bank7 Corp. has a one year low of $26.07 and a one year high of $50.26.
Bank7 (NASDAQ:BSVN – Get Free Report) last released its earnings results on Thursday, January 16th. The company reported $1.16 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.05 by $0.11. Bank7 had a return on equity of 23.83% and a net margin of 32.00%. On average, equities research analysts forecast that Bank7 Corp. will post 4.06 EPS for the current fiscal year.
Bank7 Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Wednesday, January 8th. Investors of record on Friday, December 20th were issued a $0.24 dividend. The ex-dividend date was Friday, December 20th. This represents a $0.96 dividend on an annualized basis and a dividend yield of 2.22%. Bank7’s payout ratio is currently 19.83%.
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.
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