Inspire Investing LLC Buys New Shares in Bank7 Corp. (NASDAQ:BSVN)

Inspire Investing LLC purchased a new position in Bank7 Corp. (NASDAQ:BSVN) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 19,148 shares of the company’s stock, valued at approximately $893,000. Inspire Investing LLC owned about 0.21% of Bank7 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently modified their holdings of the stock. Copeland Capital Management LLC acquired a new position in shares of Bank7 in the 3rd quarter worth $48,000. BNP Paribas Financial Markets boosted its position 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 valued at $56,000 after purchasing an additional 280 shares during the period. MetLife Investment Management LLC purchased a new position in Bank7 in the 3rd quarter worth about $86,000. Barclays PLC raised its holdings in Bank7 by 158.7% during the 3rd quarter. Barclays PLC now owns 12,953 shares of the company’s stock worth $486,000 after buying an additional 7,947 shares during the period. Finally, Los Angeles Capital Management LLC acquired a new stake in Bank7 during the 3rd quarter worth about $700,000. Institutional investors own 23.48% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on BSVN shares. Piper Sandler boosted their price target on shares of Bank7 from $53.00 to $55.00 and gave the company an “overweight” rating in a report on Friday, January 17th. Keefe, Bruyette & Woods cut their target price on shares of Bank7 from $53.00 to $52.00 and set an “outperform” rating on the stock in a research note on Friday, January 17th.

Bank7 Price Performance

Shares of BSVN opened at $42.87 on Friday. The business’s 50-day moving average is $45.73 and its 200-day moving average is $41.67. Bank7 Corp. has a fifty-two week low of $24.64 and a fifty-two week high of $50.26. The company has a market capitalization of $400.41 million, a price-to-earnings ratio of 8.86 and a beta of 1.47.

Bank7 (NASDAQ:BSVN) last issued its earnings results on Thursday, January 16th. The company reported $1.16 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.05 by $0.11. Bank7 had a net margin of 32.00% and a return on equity of 23.83%. Equities research analysts expect that Bank7 Corp. will post 4 earnings per share for the current fiscal year.

Bank7 Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, January 8th. Shareholders of record on Friday, December 20th were paid a $0.24 dividend. The ex-dividend date was Friday, December 20th. This represents a $0.96 dividend on an annualized basis and a yield of 2.24%. Bank7’s dividend payout ratio (DPR) is currently 19.83%.

About Bank7

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.