Keefe, Bruyette & Woods Issues Pessimistic Forecast for Bank7 (NASDAQ:BSVN) Stock Price

Bank7 (NASDAQ:BSVN) had its price objective lowered by investment analysts at Keefe, Bruyette & Woods from $53.00 to $52.00 in a note issued to investors on Friday,Benzinga reports. The brokerage currently has an “outperform” rating on the stock. Keefe, Bruyette & Woods’ price objective indicates a potential upside of 17.12% from the company’s previous close.

Bank7 Trading Down 0.2 %

Shares of Bank7 stock opened at $44.40 on Friday. The company has a 50 day moving average of $45.96 and a 200-day moving average of $41.38. The company has a market cap of $414.70 million, a PE ratio of 11.68 and a beta of 1.47. Bank7 has a 1-year low of $24.50 and a 1-year high of $50.26.

Bank7 (NASDAQ:BSVN) last issued its quarterly earnings results on Thursday, January 16th. The company reported $1.16 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.05 by $0.11. Bank7 had a return on equity of 19.13% and a net margin of 24.22%. Research analysts forecast that Bank7 will post 4.57 earnings per share for the current year.

Institutional Trading of Bank7

A number of hedge funds and other institutional investors have recently modified their holdings of BSVN. Copeland Capital Management LLC bought a new position in shares of Bank7 in the 3rd quarter valued at $48,000. BNP Paribas Financial Markets boosted 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 valued at $56,000 after purchasing an additional 280 shares in the last quarter. MetLife Investment Management LLC bought a new stake in shares of Bank7 during the third quarter worth about $86,000. Barclays PLC increased 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 valued at $486,000 after buying an additional 7,947 shares during the period. Finally, Los Angeles Capital Management LLC bought a new position in Bank7 in the 3rd quarter valued at approximately $700,000. Institutional investors own 23.48% of the company’s stock.

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.