Northern Trust Corp Acquires 3,824 Shares of Bank7 Corp. (NASDAQ:BSVN)

Northern Trust Corp boosted its holdings in shares of Bank7 Corp. (NASDAQ:BSVN) by 6.6% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 62,000 shares of the company’s stock after acquiring an additional 3,824 shares during the quarter. Northern Trust Corp owned 0.66% of Bank7 worth $2,893,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in the business. Twin Lions Management LLC bought a new stake in shares of Bank7 in the 4th quarter valued at $13,962,000. Invesco Ltd. bought a new stake in shares of Bank7 in the 4th quarter valued at $4,291,000. Angel Oak Capital Advisors LLC bought a new stake in shares of Bank7 in the 4th quarter valued at $1,190,000. Axxcess Wealth Management LLC bought a new stake in shares of Bank7 in the 4th quarter valued at $1,080,000. Finally, American Century Companies Inc. boosted its stake in shares of Bank7 by 91.8% in the 4th quarter. American Century Companies Inc. now owns 40,121 shares of the company’s stock valued at $1,872,000 after purchasing an additional 19,199 shares during the last quarter. 23.48% of the stock is owned by institutional investors.

Bank7 Stock Up 0.4%

Shares of NASDAQ BSVN opened at $37.39 on Friday. The firm has a market cap of $353.26 million, a PE ratio of 7.73 and a beta of 1.07. Bank7 Corp. has a 12-month low of $27.84 and a 12-month high of $50.26. The company’s fifty day simple moving average is $37.41 and its 200 day simple moving average is $41.78.

Bank7 (NASDAQ:BSVN) last issued its earnings results on Thursday, April 10th. The company reported $1.08 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.97 by $0.11. The business had revenue of $22.60 million for the quarter, compared to analyst estimates of $22.58 million. Bank7 had a net margin of 32.00% and a return on equity of 23.83%. During the same period in the prior year, the firm earned $1.21 earnings per share. On average, equities analysts predict that Bank7 Corp. will post 4.06 earnings per share for the current year.

Insider Buying and Selling

In related news, insider Douglas A. Haines bought 1,433 shares of the business’s stock in a transaction that occurred on Wednesday, March 5th. The shares were acquired at an average cost of $39.91 per share, with a total value of $57,191.03. Following the completion of the purchase, the insider now directly owns 18,542 shares in the company, valued at $740,011.22. The trade was a 8.38% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, VP Henry Litchfield sold 5,000 shares of the stock in a transaction on Tuesday, February 25th. The stock was sold at an average price of $41.54, for a total transaction of $207,700.00. Following the transaction, the vice president now directly owns 13,375 shares in the company, valued at approximately $555,597.50. This represents a 27.21% decrease in their ownership of the stock. The disclosure for this sale can be found here. 25.81% of the stock is owned by insiders.

Wall Street Analyst Weigh In

Separately, Keefe, Bruyette & Woods reduced their price objective on shares of Bank7 from $50.00 to $47.00 and set an “outperform” rating on the stock in a research note on Friday, April 11th.

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.