Bank7 (NASDAQ:BSVN - Get Free Report) had its target price reduced by research analysts at Keefe, Bruyette & Woods from $53.00 to $52.00 in a research note issued to investors on Friday,Benzinga reports. The firm currently has an "outperform" rating on the stock. Keefe, Bruyette & Woods' target price would indicate a potential upside of 17.12% from the stock's previous close.
Bank7 Stock Performance
Bank7 stock traded down $0.10 during midday trading on Friday, reaching $44.40. 41,645 shares of the company's stock were exchanged, compared to its average volume of 26,550. The stock's 50-day simple moving average is $45.97 and its 200 day simple moving average is $41.21. The firm has a market cap of $414.70 million, a price-to-earnings ratio of 11.68 and a beta of 1.47. Bank7 has a 52 week low of $24.50 and a 52 week high of $50.26.
Bank7 (NASDAQ:BSVN - Get Free Report) last issued its earnings results on Thursday, January 16th. The company reported $1.16 EPS for the quarter, topping the consensus estimate of $1.05 by $0.11. Bank7 had a return on equity of 19.13% and a net margin of 24.22%. Research analysts forecast that Bank7 will post 4.57 earnings per share for the current year.
Institutional Trading of Bank7
Several hedge funds and other institutional investors have recently modified their holdings of BSVN. BNP Paribas Financial Markets lifted its position in Bank7 by 22.9% during the third quarter. BNP Paribas Financial Markets now owns 1,504 shares of the company's stock worth $56,000 after acquiring an additional 280 shares during the last quarter. Copeland Capital Management LLC bought a new position in shares of Bank7 during the third quarter worth approximately $48,000. Bank of New York Mellon Corp lifted its holdings in Bank7 by 4.0% during the 2nd quarter. Bank of New York Mellon Corp now owns 38,523 shares of the company's stock worth $1,206,000 after purchasing an additional 1,478 shares during the last quarter. Empowered Funds LLC lifted its holdings in Bank7 by 5.2% during the 3rd quarter. Empowered Funds LLC now owns 32,772 shares of the company's stock worth $1,228,000 after purchasing an additional 1,608 shares during the last quarter. Finally, Geode Capital Management LLC boosted its stake in Bank7 by 1.7% in the 3rd quarter. Geode Capital Management LLC now owns 96,321 shares of the company's stock valued at $3,610,000 after purchasing an additional 1,633 shares during the period. Institutional investors own 23.48% of the company's stock.
Bank7 Company Profile
(
Get Free Report)
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.
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