Bank of SC Co. (NASDAQ:BKSC) insider Douglas H. Sass sold 1,000 shares of the company’s stock in a transaction dated Wednesday, April 17th. The shares were sold at an average price of $18.75, for a total transaction of $18,750.00. Following the transaction, the insider now directly owns 13,877 shares of the company’s stock, valued at approximately $260,193.75. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink.
NASDAQ BKSC opened at $18.40 on Friday. Bank of SC Co. has a 12 month low of $16.75 and a 12 month high of $23.00. The stock has a market cap of $101.49 million, a PE ratio of 14.72 and a beta of -0.04.
Bank of SC (NASDAQ:BKSC) last posted its earnings results on Tuesday, April 9th. The bank reported $0.30 earnings per share (EPS) for the quarter. Bank of SC had a net margin of 34.38% and a return on equity of 15.91%.
The firm also recently announced a quarterly dividend, which will be paid on Tuesday, April 30th. Investors of record on Monday, April 8th will be given a dividend of $0.16 per share. This represents a $0.64 dividend on an annualized basis and a yield of 3.48%. The ex-dividend date of this dividend is Friday, April 5th. This is an increase from Bank of SC’s previous quarterly dividend of $0.15.
A number of institutional investors and hedge funds have recently bought and sold shares of BKSC. Dimensional Fund Advisors LP increased its position in Bank of SC by 29.5% during the 3rd quarter. Dimensional Fund Advisors LP now owns 22,760 shares of the bank’s stock worth $462,000 after purchasing an additional 5,186 shares in the last quarter. BlackRock Inc. increased its position in Bank of SC by 218.9% during the 4th quarter. BlackRock Inc. now owns 5,189 shares of the bank’s stock worth $94,000 after purchasing an additional 3,562 shares in the last quarter. Finally, Vanguard Group Inc increased its position in Bank of SC by 2.3% during the 3rd quarter. Vanguard Group Inc now owns 48,939 shares of the bank’s stock worth $993,000 after purchasing an additional 1,100 shares in the last quarter. 11.54% of the stock is owned by hedge funds and other institutional investors.
Bank of SC Company Profile
Bank of South Carolina Corporation operates as the holding company for The Bank of South Carolina that provides commercial banking services to individuals, professionals, and small and middle market businesses in South Carolina. The company offers a range of deposit products, including non-interest bearing demand accounts, NOW accounts, money market accounts, time deposits, and savings accounts, as well as certificates of deposit.
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