Sanctuary Advisors LLC Makes New $293,000 Investment in Bank7 Corp. (NASDAQ:BSVN)

Sanctuary Advisors LLC purchased a new position in shares of Bank7 Corp. (NASDAQ:BSVN - Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 6,720 shares of the company's stock, valued at approximately $293,000. Sanctuary Advisors LLC owned 0.07% of Bank7 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the stock. R Squared Ltd acquired a new stake in Bank7 in the fourth quarter valued at $30,000. BNP Paribas Financial Markets raised its position in shares of Bank7 by 22.9% during the 3rd quarter. BNP Paribas Financial Markets now owns 1,504 shares of the company's stock worth $56,000 after acquiring an additional 280 shares in the last quarter. MetLife Investment Management LLC acquired a new stake in shares of Bank7 during the 3rd quarter worth about $86,000. Barclays PLC raised its position in shares of Bank7 by 158.7% during the 3rd quarter. Barclays PLC now owns 12,953 shares of the company's stock worth $486,000 after acquiring an additional 7,947 shares in the last quarter. Finally, Los Angeles Capital Management LLC acquired a new stake in Bank7 during the third quarter worth approximately $700,000. Hedge funds and other institutional investors own 23.48% of the company's stock.

Bank7 Stock Up 0.5 %

BSVN traded up $0.19 during trading on Friday, hitting $40.40. 16,312 shares of the stock were exchanged, compared to its average volume of 19,715. The firm has a market capitalization of $377.46 million, a P/E ratio of 8.35 and a beta of 1.52. Bank7 Corp. has a 1-year low of $26.07 and a 1-year high of $50.26. The stock has a fifty day moving average price of $43.11 and a two-hundred day moving average price of $42.63.

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Bank7 (NASDAQ:BSVN - Get Free Report) last announced its earnings results on Thursday, January 16th. The company reported $1.16 EPS for the quarter, beating analysts' consensus estimates of $1.05 by $0.11. Bank7 had a net margin of 32.00% and a return on equity of 23.83%. Analysts predict that Bank7 Corp. will post 4.06 EPS for the current year.

Bank7 Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, April 4th. Investors of record on Thursday, March 20th will be given a $0.24 dividend. This represents a $0.96 annualized dividend and a yield of 2.38%. The ex-dividend date is Thursday, March 20th. Bank7's dividend payout ratio (DPR) is presently 19.83%.

Insider Activity at Bank7

In other news, insider Douglas A. Haines acquired 1,433 shares of the company's stock in a transaction on Wednesday, March 5th. The shares were bought at an average cost of $39.91 per share, with a total value of $57,191.03. Following the purchase, the insider now owns 18,542 shares of the company's stock, valued at $740,011.22. This represents a 8.38 % increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, VP Henry Litchfield sold 5,000 shares of the business's stock in a transaction dated 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 owns 13,375 shares in the company, valued at approximately $555,597.50. This trade represents a 27.21 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 41.92% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

A number of analysts have weighed in on the stock. Keefe, Bruyette & Woods cut their price objective on shares of Bank7 from $53.00 to $52.00 and set an "outperform" rating on the stock in a report on Friday, January 17th. Piper Sandler lifted 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.

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.