Bank7 Corp. (NASDAQ:BSVN) Stake Lessened by Banc Funds Co. LLC

Banc Funds Co. LLC lessened its holdings in Bank7 Corp. (NASDAQ:BSVN) by 9.1% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 305,136 shares of the company’s stock after selling 30,464 shares during the quarter. Banc Funds Co. LLC’s holdings in Bank7 were worth $11,433,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Segall Bryant & Hamill LLC acquired a new stake in Bank7 during the 3rd quarter worth about $1,378,000. Inspire Investing LLC purchased a new stake in shares of Bank7 in the second quarter worth approximately $831,000. Los Angeles Capital Management LLC acquired a new stake in shares of Bank7 during the third quarter worth approximately $700,000. Connor Clark & Lunn Investment Management Ltd. grew its position in Bank7 by 44.2% during the third quarter. Connor Clark & Lunn Investment Management Ltd. now owns 24,171 shares of the company’s stock valued at $906,000 after purchasing an additional 7,414 shares in the last quarter. Finally, Vanguard Group Inc. increased its stake in Bank7 by 1.3% in the 1st quarter. Vanguard Group Inc. now owns 221,768 shares of the company’s stock valued at $6,254,000 after buying an additional 2,817 shares during the period. Hedge funds and other institutional investors own 23.48% of the company’s stock.

Bank7 Stock Up 0.1 %

BSVN stock opened at $47.66 on Monday. The company has a 50 day moving average of $42.72 and a two-hundred day moving average of $37.58. Bank7 Corp. has a 12-month low of $22.05 and a 12-month high of $49.42. The company has a market cap of $445.14 million, a price-to-earnings ratio of 12.54 and a beta of 1.46.

Bank7 (NASDAQ:BSVN) last released its quarterly earnings data on Friday, October 11th. The company reported $1.24 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.07 by $0.17. Bank7 had a return on equity of 19.13% and a net margin of 24.22%. The firm had revenue of $24.89 million during the quarter, compared to analysts’ expectations of $24.00 million. On average, research analysts anticipate that Bank7 Corp. will post 4.57 EPS for the current year.

Bank7 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.