TheStreet upgraded shares of Bank7 (NASDAQ:BSVN) from a c rating to a b rating in a research report report published on Monday, TheStreetRatingsTable reports.
Separately, Zacks Investment Research raised shares of Bank7 from a hold rating to a strong-buy rating and set a $23.00 target price for the company in a research report on Wednesday, August 4th.
BSVN stock opened at $20.51 on Monday. The firm has a market cap of $185.64 million, a price-to-earnings ratio of 9.20 and a beta of 2.15. Bank7 has a 12-month low of $8.57 and a 12-month high of $24.23. The company’s fifty day simple moving average is $20.84 and its 200 day simple moving average is $18.78.
The company also recently disclosed a quarterly dividend, which will be paid on Thursday, October 7th. Shareholders of record on Thursday, September 23rd will be given a $0.11 dividend. This represents a $0.44 dividend on an annualized basis and a yield of 2.15%. The ex-dividend date of this dividend is Wednesday, September 22nd. Bank7’s payout ratio is 21.46%.
Hedge funds have recently modified their holdings of the business. Renaissance Technologies LLC boosted its stake in Bank7 by 4.9% in the first quarter. Renaissance Technologies LLC now owns 34,400 shares of the company’s stock valued at $606,000 after acquiring an additional 1,600 shares during the last quarter. Geode Capital Management LLC boosted its stake in Bank7 by 12.0% in the first quarter. Geode Capital Management LLC now owns 27,231 shares of the company’s stock valued at $479,000 after acquiring an additional 2,909 shares during the last quarter. rhino investment partners Inc boosted its stake in Bank7 by 14.3% in the second quarter. rhino investment partners Inc now owns 255,358 shares of the company’s stock valued at $4,405,000 after acquiring an additional 31,907 shares during the last quarter. Morgan Stanley boosted its stake in Bank7 by 312.2% in the second quarter. Morgan Stanley now owns 8,809 shares of the company’s stock valued at $152,000 after acquiring an additional 6,672 shares during the last quarter. Finally, Millennium Management LLC purchased a new position in Bank7 in the second quarter valued at about $1,097,000. 19.19% of the stock is owned by institutional investors and hedge funds.
Bank7 Company Profile
Bank7 Corp. operates as bank holding company which engages in the ownership and management of the Bank7. It offers banking and financial services to individual and corporate customers located in Oklahoma, Kansas, and Texas. The company was founded by William Brad Haines in 2004 and is headquartered in Oklahoma City, OK.
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