Strs Ohio boosted its position in Origin Bancorp, Inc. (NYSE:OBK – Free Report) by 191.2% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 19,800 shares of the company’s stock after acquiring an additional 13,000 shares during the quarter. Strs Ohio owned 0.06% of Origin Bancorp worth $683,000 at the end of the most recent reporting period.
Other institutional investors have also added to or reduced their stakes in the company. State of Alaska Department of Revenue acquired a new stake in shares of Origin Bancorp in the 3rd quarter valued at $47,000. Tower Research Capital LLC TRC lifted its position in shares of Origin Bancorp by 232.5% during the 2nd quarter. Tower Research Capital LLC TRC now owns 2,620 shares of the company’s stock worth $94,000 after buying an additional 1,832 shares during the last quarter. CWM LLC boosted its stake in Origin Bancorp by 210.1% in the second quarter. CWM LLC now owns 3,157 shares of the company’s stock valued at $113,000 after buying an additional 2,139 shares in the last quarter. Concurrent Investment Advisors LLC bought a new position in Origin Bancorp in the second quarter valued at about $224,000. Finally, Jump Financial LLC grew its position in Origin Bancorp by 23.7% in the second quarter. Jump Financial LLC now owns 7,989 shares of the company’s stock valued at $286,000 after acquiring an additional 1,531 shares during the last quarter. 54.68% of the stock is currently owned by institutional investors and hedge funds.
Key Headlines Impacting Origin Bancorp
Here are the key news stories impacting Origin Bancorp this week:
- Positive Sentiment: Q4 earnings beat and strong quarterly profitability — Origin reported $0.95 diluted EPS vs. consensus ~$0.88 and net income of $29.5M (up sharply vs. the linked quarter); management also highlighted expanded NIM (3.73%) and a ROAA run?rate above targets. Origin Bancorp Reports Earnings
- Positive Sentiment: Dividend and buybacks support shareholder return — Board declared a $0.15 quarterly cash dividend (payable Feb. 27) and the company repurchased shares in Q4 (49,358 shares) and ~451k YTD at attractive averages, which supports EPS and tangible book value. Dividend Declaration
- Positive Sentiment: Management strategy (Optimize Origin) and updated near-term targets — Company reiterated its Optimize Origin plan and raised its near-term ROAA run?rate target (1.15%+ by 4Q26), signaling confidence in margin and efficiency improvements. Earnings and Strategy Release
- Positive Sentiment: Insider buying and institutional interest — Multiple insider purchases were reported over the past 6 months (senior execs buying shares), which is often viewed positively by investors. QuiverQuant Summary
- Neutral Sentiment: Analyst activity mixed — Zacks upgraded OBK from “strong sell” to “hold” (a lift vs. prior negativity), while DA Davidson reaffirmed a “Buy” rating but set a $42.00 target (near/just below current levels). Investors should weigh rating momentum against modest target dispersion. Zacks Upgrade DA Davidson Reaffirmation
- Neutral Sentiment: Conference call / transcript available — The earnings call transcript provides additional detail on loan mix, deposit dynamics and risk items for active traders and analysts. Earnings Call Transcript
- Negative Sentiment: Rising short interest — Short interest increased ~20% in January to ~374k shares (?1.3% of float), which can pressure the stock if negative sentiment builds.
- Negative Sentiment: Revenue mix and noninterest income softness — Noninterest income was down materially vs. the linked quarter (driven by swings in equity?investment fair value and swap fees), and total deposits showed a modest decline (some activity related to a deposit sale/repurchase), adding some near?term volatility to funding and fee outlooks. Detailed Results
Origin Bancorp Stock Performance
Origin Bancorp (NYSE:OBK – Get Free Report) last issued its quarterly earnings data on Wednesday, January 28th. The company reported $0.95 earnings per share for the quarter, topping the consensus estimate of $0.88 by $0.07. The company had revenue of $94.00 million for the quarter. Origin Bancorp had a net margin of 12.58% and a return on equity of 6.27%.
Origin Bancorp Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Friday, February 27th. Stockholders of record on Friday, February 13th will be paid a $0.15 dividend. The ex-dividend date of this dividend is Friday, February 13th. This represents a $0.60 annualized dividend and a dividend yield of 1.4%. Origin Bancorp’s dividend payout ratio is presently 25.00%.
Insider Activity
In related news, Director Cecil W. Jones acquired 8,500 shares of the business’s stock in a transaction that occurred on Tuesday, November 4th. The shares were bought at an average cost of $34.71 per share, with a total value of $295,035.00. Following the completion of the purchase, the director directly owned 12,709 shares in the company, valued at $441,129.39. The trade was a 201.95% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available at this link. 6.39% of the stock is owned by company insiders.
Wall Street Analyst Weigh In
A number of research analysts have recently commented on OBK shares. Wall Street Zen raised shares of Origin Bancorp from a “sell” rating to a “hold” rating in a report on Saturday, November 8th. Weiss Ratings reiterated a “hold (c)” rating on shares of Origin Bancorp in a research report on Thursday, January 22nd. DA Davidson reaffirmed a “buy” rating and set a $42.00 target price on shares of Origin Bancorp in a research note on Thursday. Zacks Research upgraded shares of Origin Bancorp from a “strong sell” rating to a “hold” rating in a report on Monday. Finally, Piper Sandler raised their price objective on Origin Bancorp from $42.00 to $43.00 and gave the company an “overweight” rating in a report on Monday, October 27th. Five research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $42.80.
Check Out Our Latest Report on Origin Bancorp
About Origin Bancorp
Origin Bancorp, Inc (NYSE: OBK) is a bank holding company based in Atlanta, Georgia, and is the parent of Origin Bank, a full-service commercial banking franchise. The company provides a broad range of financial products and services to individuals, small and middle-market businesses, and institutional clients across the southeastern United States.
Through Origin Bank, the company offers a variety of deposit products, including checking and savings accounts, money market accounts, and certificates of deposit.
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