Bank7 (BSVN) – Investment Analysts’ Recent Ratings Changes

Bank7 (NASDAQ: BSVN) has recently received a number of price target changes and ratings updates:

• 12/24/2019 – Bank7 was downgraded by analysts at ValuEngine from a “hold” rating to a “sell” rating.
• 12/18/2019 – Bank7 had its “buy” rating reaffirmed by analysts at Stephens. They now have a $25.00 price target on the stock.
• 12/5/2019 – Bank7 was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $21.00 price target on the stock. According to Zacks, “Bank7 Corp. is the bank holding company for Bank7, operates as a community bank. It accepts deposits and makes loans, as well as provides card facilities, investments, certification of deposits, wealth management and online banking services. Bank7 Corp. is headquartered in Oklahoma City. “
• 12/3/2019 – Bank7 was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “Bank7 Corp. is the bank holding company for Bank7, operates as a community bank. It accepts deposits and makes loans, as well as provides card facilities, investments, certification of deposits, wealth management and online banking services. Bank7 Corp. is headquartered in Oklahoma City. “
• 11/6/2019 – Bank7 had its “buy” rating reaffirmed by analysts at Stephens. They now have a $24.00 price target on the stock.
• 10/31/2019 – Bank7 was downgraded by analysts at ValuEngine from a “hold” rating to a “sell” rating.
• 10/25/2019 – Bank7 was downgraded by analysts at ValuEngine from a “hold” rating to a “sell” rating.

Shares of NASDAQ BSVN opened at $19.60 on Tuesday. The stock has a market capitalization of $196.93 million, a price-to-earnings ratio of 8.03 and a beta of 1.89. Bank7 Corp has a 12 month low of $10.85 and a 12 month high of $20.04. The firm’s 50 day simple moving average is $18.98 and its 200-day simple moving average is $18.08.

Bank7 (NASDAQ:BSVN) last posted its earnings results on Wednesday, October 30th. The company reported ($0.64) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.47 by ($1.11). The firm had revenue of $11.11 million during the quarter. Bank7 had a net margin of 17.66% and a return on equity of 10.10%. On average, equities analysts forecast that Bank7 Corp will post 1.99 EPS for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Monday, January 13th. Shareholders of record on Monday, December 30th will be given a $0.10 dividend. The ex-dividend date of this dividend is Friday, December 27th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 2.04%. Bank7’s dividend payout ratio (DPR) is currently 16.39%.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Acadian Asset Management LLC raised its position in Bank7 by 83.7% during the second quarter. Acadian Asset Management LLC now owns 10,885 shares of the company’s stock worth $202,000 after acquiring an additional 4,960 shares during the period. Northern Trust Corp increased its stake in shares of Bank7 by 3.0% during the second quarter. Northern Trust Corp now owns 36,666 shares of the company’s stock worth $678,000 after purchasing an additional 1,075 shares in the last quarter. Cadence Capital Management LLC purchased a new stake in shares of Bank7 during the third quarter worth about $1,090,000. State Street Corp raised its position in shares of Bank7 by 2.9% during the 3rd quarter. State Street Corp now owns 64,329 shares of the company’s stock worth $1,216,000 after purchasing an additional 1,836 shares during the last quarter. Finally, BlackRock Inc. raised its position in shares of Bank7 by 36.7% during the 2nd quarter. BlackRock Inc. now owns 180,403 shares of the company’s stock worth $3,336,000 after purchasing an additional 48,424 shares during the last quarter. 34.00% of the stock is owned by institutional investors.

Bank7 Corp. operates as a bank holding company for Bank7 that provides banking and financial services to individual and corporate customers in Oklahoma, Kansas, and Texas. It accepts demand, savings, checking, money market, and negotiable order of withdrawal accounts, as well as certificates of deposit.

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