Angel Oak Capital Advisors LLC Buys Shares of 25,500 Bank7 Corp. (NASDAQ:BSVN)

Angel Oak Capital Advisors LLC purchased a new stake in shares of Bank7 Corp. (NASDAQ:BSVN) in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 25,500 shares of the company’s stock, valued at approximately $1,190,000. Bank7 comprises 1.6% of Angel Oak Capital Advisors LLC’s portfolio, making the stock its 9th largest position. Angel Oak Capital Advisors LLC owned approximately 0.27% of Bank7 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Sanctuary Advisors LLC acquired a new stake in Bank7 in the 4th quarter valued at approximately $293,000. R Squared Ltd purchased a new position in shares of Bank7 during the fourth quarter worth $30,000. Inspire Investing LLC acquired a new stake in shares of Bank7 in the fourth quarter valued at $893,000. Barclays PLC raised its holdings in shares of Bank7 by 158.7% in the 3rd quarter. Barclays PLC now owns 12,953 shares of the company’s stock valued at $486,000 after buying an additional 7,947 shares during the period. Finally, Geode Capital Management LLC lifted its stake in Bank7 by 1.7% during the 3rd quarter. Geode Capital Management LLC now owns 96,321 shares of the company’s stock worth $3,610,000 after acquiring an additional 1,633 shares in the last quarter. 23.48% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of analysts have issued reports on BSVN shares. Piper Sandler boosted their price target on shares of Bank7 from $53.00 to $55.00 and gave the stock an “overweight” rating in a research note on Friday, January 17th. Keefe, Bruyette & Woods dropped their price objective on shares of Bank7 from $53.00 to $52.00 and set an “outperform” rating for the company in a report on Friday, January 17th.

Bank7 Trading Down 0.1 %

NASDAQ:BSVN opened at $43.17 on Tuesday. Bank7 Corp. has a 12-month low of $26.07 and a 12-month high of $50.26. The firm has a market cap of $403.21 million, a PE ratio of 8.92 and a beta of 1.46. The stock has a fifty day moving average price of $44.26 and a 200 day moving average price of $42.40.

Bank7 (NASDAQ:BSVN) last posted its quarterly earnings results on Thursday, January 16th. The company reported $1.16 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.05 by $0.11. Bank7 had a return on equity of 23.83% and a net margin of 32.00%. Equities analysts forecast that Bank7 Corp. will post 4.06 EPS for the current year.

Bank7 Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, January 8th. Shareholders of record on Friday, December 20th were issued a dividend of $0.24 per share. This represents a $0.96 annualized dividend and a yield of 2.22%. The ex-dividend date of this dividend was Friday, December 20th. Bank7’s dividend payout ratio (DPR) is presently 19.83%.

Bank7 Profile

Bank7 Corp. operates as a bank holding company for Bank7 that provides banking and financial services to individual and corporate customers. It offers commercial deposit, commercial checking, money market, and other deposit accounts; and retail deposit services, such as certificates of deposit, money market accounts, checking accounts, negotiable order of withdrawal accounts, savings accounts, and automated teller machine access.