SG Americas Securities LLC Purchases Shares of 2,022 Red River Bancshares, Inc. (NASDAQ:RRBI)

SG Americas Securities LLC purchased a new stake in Red River Bancshares, Inc. (NASDAQ:RRBI) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 2,022 shares of the company’s stock, valued at approximately $109,000.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the business. JPMorgan Chase & Co. raised its stake in Red River Bancshares by 133.3% in the third quarter. JPMorgan Chase & Co. now owns 8,763 shares of the company’s stock valued at $456,000 after buying an additional 5,007 shares in the last quarter. Barclays PLC increased its position in shares of Red River Bancshares by 268.4% during the third quarter. Barclays PLC now owns 6,012 shares of the company’s stock worth $313,000 after purchasing an additional 4,380 shares in the last quarter. Jane Street Group LLC acquired a new stake in shares of Red River Bancshares during the third quarter worth about $220,000. State Street Corp increased its position in shares of 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 purchasing an additional 993 shares in the last quarter. Finally, Martingale Asset Management L P increased its position in shares of Red River Bancshares by 17.6% during the third quarter. Martingale Asset Management L P now owns 9,425 shares of the company’s stock worth $490,000 after purchasing an additional 1,408 shares in the last quarter. 27.55% of the stock is currently owned by institutional investors and hedge funds.

Red River Bancshares Stock Performance

RRBI opened at $57.29 on Thursday. The business’s 50-day simple moving average is $55.16 and its 200-day simple moving average is $53.91. Red River Bancshares, Inc. has a one year low of $42.78 and a one year high of $62.13. The stock has a market capitalization of $388.43 million, a P/E ratio of 11.55 and a beta of 0.63.

Red River Bancshares (NASDAQ:RRBI) last posted its earnings results on Tuesday, February 4th. The company reported $1.37 EPS for the quarter, topping analysts’ consensus estimates of $1.23 by $0.14. Red River Bancshares had a return on equity of 11.04% and a net margin of 21.71%. On average, equities research analysts forecast that Red River Bancshares, Inc. will post 5.28 EPS for the current fiscal year.

Red River Bancshares 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.