Argent Trust Co Invests $220,000 in Bank7 Corp. (NASDAQ:BSVN)

Argent Trust Co bought a new position in shares of Bank7 Corp. (NASDAQ:BSVN – Get Rating) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 8,580 shares of the company’s stock, valued at approximately $220,000. Argent Trust Co owned about 0.09% of Bank7 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently modified their holdings of BSVN. Alliancebernstein L.P. raised its stake in Bank7 by 2.7% in the 3rd quarter. Alliancebernstein L.P. now owns 332,119 shares of the company’s stock worth $7,366,000 after purchasing an additional 8,885 shares in the last quarter. The Manufacturers Life Insurance Company raised its position in shares of Bank7 by 1.9% in the 1st quarter. The Manufacturers Life Insurance Company now owns 231,703 shares of the company’s stock valued at $5,473,000 after buying an additional 4,412 shares in the last quarter. Dimensional Fund Advisors LP raised its position in shares of Bank7 by 1.3% in the 4th quarter. Dimensional Fund Advisors LP now owns 33,202 shares of the company’s stock valued at $850,000 after buying an additional 412 shares in the last quarter. Bank of New York Mellon Corp raised its position in shares of Bank7 by 1.9% in the 3rd quarter. Bank of New York Mellon Corp now owns 28,576 shares of the company’s stock valued at $634,000 after buying an additional 544 shares in the last quarter. Finally, Russell Investments Group Ltd. raised its position in shares of Bank7 by 18.1% in the 3rd quarter. Russell Investments Group Ltd. now owns 28,273 shares of the company’s stock valued at $625,000 after buying an additional 4,341 shares in the last quarter. Institutional investors and hedge funds own 27.13% of the company’s stock.

Bank7 Price Performance

BSVN opened at $23.02 on Friday. Bank7 Corp. has a fifty-two week low of $21.08 and a fifty-two week high of $30.86. The firm has a market capitalization of $210.63 million, a price-to-earnings ratio of 6.43 and a beta of 1.56. The company’s 50 day moving average price is $23.70 and its two-hundred day moving average price is $26.03.

Bank7 (NASDAQ:BSVN – Get Rating) last posted its earnings results on Thursday, April 27th. The company reported $1.04 earnings per share for the quarter, topping analysts’ consensus estimates of $0.97 by $0.07. The firm had revenue of $20.68 million for the quarter, compared to analyst estimates of $20.70 million. Bank7 had a net margin of 35.11% and a return on equity of 23.38%. As a group, equities research analysts predict that Bank7 Corp. will post 3.76 EPS for the current year.

Bank7 Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, April 7th. Stockholders of record on Wednesday, March 22nd were given a $0.16 dividend. The ex-dividend date of this dividend was Tuesday, March 21st. This represents a $0.64 dividend on an annualized basis and a dividend yield of 2.78%. Bank7’s dividend payout ratio (DPR) is currently 17.88%.

Insider Transactions at Bank7

In other news, CEO Thomas L. Travis sold 2,021 shares of the business’s stock in a transaction that occurred on Wednesday, May 10th. The shares were sold at an average price of $23.12, for a total value of $46,725.52. Following the transaction, the chief executive officer now owns 338,556 shares in the company, valued at approximately $7,827,414.72. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In related news, CEO Thomas L. Travis sold 4,220 shares of the business’s stock in a transaction on Monday, May 15th. The shares were sold at an average price of $23.00, for a total transaction of $97,060.00. Following the transaction, the chief executive officer now owns 332,577 shares in the company, valued at approximately $7,649,271. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Thomas L. Travis sold 2,021 shares of the business’s stock in a transaction on Wednesday, May 10th. The shares were sold at an average price of $23.12, for a total transaction of $46,725.52. Following the transaction, the chief executive officer now owns 338,556 shares in the company, valued at approximately $7,827,414.72. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 7,649 shares of company stock worth $176,170. Company insiders own 44.01% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, Piper Sandler decreased their price target on shares of Bank7 from $36.00 to $31.00 in a report on Monday, May 1st.

Bank7 Company Profile

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Bank7 Corp. is bank holding company, which engages in the provision of banking solutions. The company was founded by William Brad Haines in 2004 and is headquartered in Oklahoma City, OK.