Bank7 (NASDAQ:BSVN) Price Target Lowered to $52.00 at Keefe, Bruyette & Woods

Bank7 (NASDAQ:BSVN) had its target price decreased by Keefe, Bruyette & Woods from $53.00 to $52.00 in a report released on Friday,Benzinga reports. The brokerage presently has an “outperform” rating on the stock. Keefe, Bruyette & Woods’ target price suggests a potential upside of 16.85% from the stock’s current price.

Bank7 Stock Down 3.2 %

BSVN opened at $44.50 on Friday. The stock has a market capitalization of $415.63 million, a price-to-earnings ratio of 11.71 and a beta of 1.47. The firm has a 50 day moving average price of $45.97 and a 200-day moving average price of $41.21. Bank7 has a twelve month low of $24.45 and a twelve month high of $50.26.

Bank7 (NASDAQ:BSVN) last announced its earnings results on Thursday, January 16th. The company reported $1.16 earnings per share for the quarter, beating analysts’ consensus estimates of $1.05 by $0.11. Bank7 had a net margin of 24.22% and a return on equity of 19.13%. As a group, analysts expect that Bank7 will post 4.57 earnings per share for the current year.

Institutional Investors Weigh In On Bank7

A number of large investors have recently made changes to their positions in BSVN. BNP Paribas Financial Markets lifted its stake in shares of Bank7 by 22.9% in the 3rd quarter. BNP Paribas Financial Markets now owns 1,504 shares of the company’s stock worth $56,000 after purchasing an additional 280 shares during the period. Copeland Capital Management LLC purchased a new stake in Bank7 during the third quarter valued at approximately $48,000. Bank of New York Mellon Corp raised its position in Bank7 by 4.0% in the second quarter. Bank of New York Mellon Corp now owns 38,523 shares of the company’s stock worth $1,206,000 after acquiring an additional 1,478 shares during the period. Empowered Funds LLC boosted its stake in shares of Bank7 by 5.2% during the 3rd quarter. Empowered Funds LLC now owns 32,772 shares of the company’s stock worth $1,228,000 after acquiring an additional 1,608 shares during the last quarter. Finally, Geode Capital Management LLC grew its position in shares of Bank7 by 1.7% during the 3rd quarter. Geode Capital Management LLC now owns 96,321 shares of the company’s stock valued at $3,610,000 after acquiring an additional 1,633 shares during the period. 23.48% of the stock is currently owned by institutional investors.

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.