American Century Companies Inc. Has $1.87 Million Stake in Bank7 Corp. (NASDAQ:BSVN)

American Century Companies Inc. boosted its stake in Bank7 Corp. (NASDAQ:BSVN - Free Report) by 91.8% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 40,121 shares of the company's stock after buying an additional 19,199 shares during the quarter. American Century Companies Inc. owned approximately 0.43% of Bank7 worth $1,872,000 at the end of the most recent quarter.

Several other large investors have also made changes to their positions in the company. BNP Paribas Financial Markets raised its position in Bank7 by 22.9% in the 3rd quarter. BNP Paribas Financial Markets now owns 1,504 shares of the company's stock valued at $56,000 after purchasing an additional 280 shares during the last quarter. R Squared Ltd bought a new position in shares of Bank7 in the 4th quarter valued at about $30,000. Geode Capital Management LLC raised its position in shares of Bank7 by 1.7% during the 3rd quarter. Geode Capital Management LLC now owns 96,321 shares of the company's stock valued at $3,610,000 after acquiring an additional 1,633 shares during the last quarter. MetLife Investment Management LLC acquired a new stake in shares of Bank7 in the 3rd quarter valued at approximately $86,000. Finally, State Street Corp grew its holdings in shares of Bank7 by 10.4% in the 3rd quarter. State Street Corp now owns 47,430 shares of the company's stock valued at $1,789,000 after buying an additional 4,465 shares during the period. Institutional investors own 23.48% of the company's stock.

Insider Transactions at Bank7

In related news, insider Douglas A. Haines acquired 1,433 shares of the stock in a transaction dated Wednesday, March 5th. The stock was bought at an average price of $39.91 per share, for a total transaction of $57,191.03. Following the purchase, the insider now directly owns 18,542 shares of the company's stock, valued at $740,011.22. The trade was a 8.38 % increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, VP Henry Litchfield sold 5,000 shares of the stock in a transaction on Tuesday, February 25th. The stock was sold at an average price of $41.54, for a total transaction of $207,700.00. Following the transaction, the vice president now directly owns 13,375 shares in the company, valued at approximately $555,597.50. This represents a 27.21 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 44.01% of the company's stock.

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Analysts Set New Price Targets

Several equities analysts have recently weighed in on the company. Keefe, Bruyette & Woods decreased their price objective on Bank7 from $50.00 to $47.00 and set an "outperform" rating for the company in a report on Friday. Piper Sandler lifted their price objective 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.

Bank7 Stock Down 2.3 %

Shares of NASDAQ BSVN traded down $0.82 during midday trading on Friday, reaching $34.55. 42,757 shares of the company were exchanged, compared to its average volume of 22,888. Bank7 Corp. has a one year low of $26.07 and a one year high of $50.26. The stock has a market cap of $326.43 million, a P/E ratio of 7.14 and a beta of 1.15. The stock's 50-day moving average price is $39.79 and its 200-day moving average price is $42.53.

Bank7 (NASDAQ:BSVN - Get Free Report) last announced its quarterly earnings results on Thursday, April 10th. The company reported $1.08 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.97 by $0.11. The firm had revenue of $22.60 million during the quarter, compared to analysts' expectations of $22.58 million. Bank7 had a net margin of 32.00% and a return on equity of 23.83%. During the same period in the prior year, the company posted $1.21 EPS. On average, equities research analysts anticipate that Bank7 Corp. will post 4.06 EPS for the current year.

Bank7 Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, April 4th. Stockholders of record on Thursday, March 20th were given a dividend of $0.24 per share. The ex-dividend date of this dividend was Thursday, March 20th. This represents a $0.96 dividend on an annualized basis and a dividend yield of 2.78%. Bank7's dividend payout ratio (DPR) is 20.38%.

Bank7 Company 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.