Research Analysts’ Recent Ratings Changes for Origin Bancorp (OBK)

Posted by Anthony Miller on Jan 31st, 2025

Several brokerages have updated their recommendations and price targets on shares of Origin Bancorp (NASDAQ: OBK) in the last few weeks:

1/29/2025 – Origin Bancorp had its “outperform” rating reaffirmed by analysts at Keefe, Bruyette & Woods. They now have a $45.00 price target on the stock, up previously from $42.00.
1/27/2025 – Origin Bancorp had its price target raised by analysts at DA Davidson from $41.00 to $44.00. They now have a “buy” rating on the stock.
1/24/2025 – Origin Bancorp had its “strong-buy” rating reaffirmed by analysts at Raymond James. They now have a $44.00 price target on the stock, up previously from $40.00.
1/24/2025 – Origin Bancorp had its price target raised by analysts at Piper Sandler from $35.00 to $42.00. They now have a “neutral” rating on the stock.
1/23/2025 – Origin Bancorp had its “overweight” rating reaffirmed by analysts at Stephens. They now have a $42.00 price target on the stock.
12/19/2024 – Origin Bancorp was upgraded by analysts at Raymond James from a “moderate buy” rating to a “strong-buy” rating.
12/4/2024 – Origin Bancorp had its price target raised by analysts at Keefe, Bruyette & Woods from $37.00 to $42.00. They now have an “outperform” rating on the stock.

Origin Bancorp Trading Down 0.8 %

Shares of Origin Bancorp stock traded down $0.29 during trading hours on Friday, reaching $37.85. 157,960 shares of the company’s stock were exchanged, compared to its average volume of 171,372. Origin Bancorp, Inc. has a 52-week low of $27.69 and a 52-week high of $39.48. The firm has a market capitalization of $1.18 billion, a price-to-earnings ratio of 15.38 and a beta of 1.00. The company has a fifty day moving average of $34.91 and a 200-day moving average of $33.46. The company has a current ratio of 0.97, a quick ratio of 0.97 and a debt-to-equity ratio of 0.17.

Origin Bancorp Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, February 28th. Stockholders of record on Friday, February 14th will be issued a dividend of $0.15 per share. The ex-dividend date of this dividend is Friday, February 14th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 1.59%. Origin Bancorp’s payout ratio is 24.39%.

Institutional Trading of Origin Bancorp

A number of institutional investors and hedge funds have recently made changes to their positions in OBK. Wellington Management Group LLP acquired a new stake in Origin Bancorp in the 3rd quarter valued at $4,187,000. Tributary Capital Management LLC increased its holdings in Origin Bancorp by 31.8% in the 4th quarter. Tributary Capital Management LLC now owns 456,480 shares of the company’s stock valued at $15,196,000 after purchasing an additional 110,056 shares in the last quarter. Royce & Associates LP increased its holdings in Origin Bancorp by 7.3% in the 3rd quarter. Royce & Associates LP now owns 961,892 shares of the company’s stock valued at $30,934,000 after purchasing an additional 65,844 shares in the last quarter. Millennium Management LLC increased its holdings in Origin Bancorp by 92.3% in the 2nd quarter. Millennium Management LLC now owns 124,521 shares of the company’s stock valued at $3,950,000 after purchasing an additional 59,763 shares in the last quarter. Finally, Barclays PLC increased its holdings in Origin Bancorp by 79.9% in the 3rd quarter. Barclays PLC now owns 78,187 shares of the company’s stock valued at $2,515,000 after purchasing an additional 34,733 shares in the last quarter. 54.68% of the stock is currently owned by institutional investors and hedge funds.

Origin Bancorp, Inc operates as a bank holding company for Origin Bank that provides banking and financial services to small and medium-sized businesses, municipalities, and retail clients in Texas, Louisiana, and Mississippi. It offers noninterest and interest-bearing checking accounts, savings deposits, money market accounts, and time deposits; and offers commercial real estate, construction and land development, consumer, residential real estate, commercial and industrial, mortgage warehouse, and residential mortgage loans.