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

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.

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