Origin Bancorp, Inc. (NASDAQ:OBK) Shares Bought by Janus Henderson Group PLC

Janus Henderson Group PLC increased its holdings in Origin Bancorp, Inc. (NASDAQ:OBK) by 44.0% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 13,746 shares of the company’s stock after acquiring an additional 4,200 shares during the quarter. Janus Henderson Group PLC’s holdings in Origin Bancorp were worth $458,000 as of its most recent filing with the SEC.

Other institutional investors have also modified their holdings of the company. Sterling Capital Management LLC increased its holdings in Origin Bancorp by 812.6% in the fourth quarter. Sterling Capital Management LLC now owns 940 shares of the company’s stock valued at $31,000 after buying an additional 837 shares during the last quarter. Comerica Bank grew its holdings in Origin Bancorp by 13.0% in the 4th quarter. Comerica Bank now owns 3,008 shares of the company’s stock worth $100,000 after buying an additional 347 shares in the last quarter. KLP Kapitalforvaltning AS bought a new position in Origin Bancorp in the 4th quarter worth approximately $183,000. Quantbot Technologies LP grew its holdings in Origin Bancorp by 115.5% in the 4th quarter. Quantbot Technologies LP now owns 5,831 shares of the company’s stock worth $194,000 after buying an additional 3,125 shares in the last quarter. Finally, Janney Montgomery Scott LLC bought a new position in Origin Bancorp in the 4th quarter worth approximately $219,000. Institutional investors and hedge funds own 54.68% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have weighed in on the company. Piper Sandler upgraded Origin Bancorp from a “neutral” rating to an “overweight” rating in a research report on Thursday, April 24th. Raymond James downgraded Origin Bancorp from a “strong-buy” rating to an “outperform” rating and cut their target price for the stock from $44.00 to $39.00 in a research report on Wednesday, April 2nd. Stephens restated an “overweight” rating and issued a $45.00 target price on shares of Origin Bancorp in a research report on Thursday, March 20th. DA Davidson upped their target price on Origin Bancorp from $41.00 to $44.00 and gave the stock a “buy” rating in a research report on Monday, January 27th. Finally, Keefe, Bruyette & Woods cut their price objective on Origin Bancorp from $44.00 to $41.00 and set an “outperform” rating for the company in a research report on Monday, April 28th. Five research analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, Origin Bancorp presently has an average rating of “Buy” and an average price target of $42.20.

Origin Bancorp Price Performance

Shares of NASDAQ:OBK opened at $33.41 on Friday. Origin Bancorp, Inc. has a one year low of $28.80 and a one year high of $41.17. The stock has a fifty day moving average of $32.58 and a 200-day moving average of $34.82. The company has a market capitalization of $1.04 billion, a PE ratio of 13.58 and a beta of 0.79. The company has a debt-to-equity ratio of 0.17, a quick ratio of 0.97 and a current ratio of 0.97.

Origin Bancorp Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, May 30th. Stockholders of record on Thursday, May 15th will be given a dividend of $0.15 per share. The ex-dividend date of this dividend is Thursday, May 15th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 1.80%. Origin Bancorp’s dividend payout ratio (DPR) is presently 24.59%.

Origin Bancorp Profile

Origin Bancorp, Inc operates as a bank holding company for Origin Bank that provides banking and financial services to small and medium-sized businesses, municipalities, and retail clients in Texas, Louisiana, and Mississippi. It offers noninterest and interest-bearing checking accounts, savings deposits, money market accounts, and time deposits; and offers commercial real estate, construction and land development, consumer, residential real estate, commercial and industrial, mortgage warehouse, and residential mortgage loans.