Bank7 Corp (NASDAQ:BSVN) was the target of a large growth in short interest in December. As of December 31st, there was short interest totalling 53,000 shares, a growth of 10.6% from the December 15th total of 47,900 shares. Currently, 1.5% of the shares of the stock are sold short. Based on an average daily volume of 7,100 shares, the days-to-cover ratio is currently 7.5 days.
Institutional investors have recently made changes to their positions in the stock. Northern Trust Corp increased its position in shares of Bank7 by 3.0% during the 2nd quarter. Northern Trust Corp now owns 36,666 shares of the company’s stock worth $678,000 after purchasing an additional 1,075 shares in the last quarter. Cadence Capital Management LLC acquired a new stake in shares of Bank7 during the 3rd quarter worth about $1,090,000. State Street Corp increased its position in shares of Bank7 by 2.9% during the 3rd quarter. State Street Corp now owns 64,329 shares of the company’s stock worth $1,216,000 after purchasing an additional 1,836 shares in the last quarter. Finally, BlackRock Inc. increased its position in shares of Bank7 by 36.7% during the 2nd quarter. BlackRock Inc. now owns 180,403 shares of the company’s stock worth $3,336,000 after purchasing an additional 48,424 shares in the last quarter. Institutional investors and hedge funds own 34.00% of the company’s stock.
Shares of Bank7 stock opened at $18.68 on Tuesday. The stock has a market capitalization of $186.57 million, a P/E ratio of 19.95 and a beta of 1.88. The company has a 50-day simple moving average of $18.95 and a 200 day simple moving average of $18.27. Bank7 has a 12-month low of $14.26 and a 12-month high of $20.04.
Bank7 (NASDAQ:BSVN) last announced its earnings results on Wednesday, October 30th. The company reported ($0.64) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.47 by ($1.11). The firm had revenue of $11.11 million for the quarter. Bank7 had a return on equity of 10.10% and a net margin of 17.66%. On average, equities analysts predict that Bank7 will post 1.99 EPS for the current year.
The company also recently announced a quarterly dividend, which was paid on Monday, January 13th. Investors of record on Monday, December 30th were given a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a dividend yield of 2.14%. The ex-dividend date was Friday, December 27th. Bank7’s dividend payout ratio (DPR) is currently 16.39%.
BSVN has been the subject of a number of recent analyst reports. ValuEngine cut shares of Bank7 from a “hold” rating to a “sell” rating in a research report on Tuesday, December 24th. Stephens reiterated a “buy” rating and set a $25.00 target price on shares of Bank7 in a research report on Wednesday, December 18th. Finally, Zacks Investment Research cut shares of Bank7 from a “buy” rating to a “hold” rating in a research report on Friday, January 3rd.
Bank7 Corp. operates as a bank holding company for Bank7 that provides banking and financial services to individual and corporate customers in Oklahoma, Kansas, and Texas. It accepts demand, savings, checking, money market, and negotiable order of withdrawal accounts, as well as certificates of deposit.
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