American Century Companies Inc. Has $2.15 Million Stock Holdings in Bank7 Corp. $BSVN

American Century Companies Inc. lifted its position in shares of Bank7 Corp. (NASDAQ:BSVN) by 38.5% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 55,562 shares of the company’s stock after purchasing an additional 15,441 shares during the period. American Century Companies Inc. owned 0.59% of Bank7 worth $2,152,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of BSVN. Mink Brook Asset Management LLC acquired a new position in shares of Bank7 during the 4th quarter worth about $19,864,000. Dimensional Fund Advisors LP grew its stake in Bank7 by 15.2% in the 4th quarter. Dimensional Fund Advisors LP now owns 98,288 shares of the company’s stock valued at $4,586,000 after buying an additional 12,976 shares during the last quarter. Millennium Management LLC acquired a new position in Bank7 in the 4th quarter valued at about $390,000. Squarepoint Ops LLC acquired a new position in Bank7 in the 4th quarter valued at about $291,000. Finally, Ameriprise Financial Inc. grew its stake in Bank7 by 34.2% in the 4th quarter. Ameriprise Financial Inc. now owns 23,374 shares of the company’s stock valued at $1,091,000 after buying an additional 5,952 shares during the last quarter. 23.48% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other news, CEO Thomas L. Travis sold 13,084 shares of the company’s stock in a transaction that occurred on Tuesday, August 26th. The shares were sold at an average price of $49.36, for a total transaction of $645,826.24. Following the completion of the sale, the chief executive officer owned 286,293 shares of the company’s stock, valued at approximately $14,131,422.48. This represents a 4.37% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, VP Jason E. Estes sold 1,879 shares of the company’s stock in a transaction that occurred on Thursday, July 24th. The stock was sold at an average price of $47.58, for a total transaction of $89,402.82. Following the sale, the vice president directly owned 75,961 shares of the company’s stock, valued at approximately $3,614,224.38. This trade represents a 2.41% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 16,416 shares of company stock valued at $806,150. 41.92% of the stock is currently owned by insiders.

Bank7 Stock Up 0.4%

NASDAQ BSVN opened at $49.61 on Tuesday. The company has a market capitalization of $468.81 million, a P/E ratio of 10.69 and a beta of 1.17. Bank7 Corp. has a 12-month low of $32.49 and a 12-month high of $50.26. The firm has a 50-day moving average price of $45.52 and a two-hundred day moving average price of $40.91.

Bank7 (NASDAQ:BSVN) last posted its quarterly earnings data on Thursday, July 17th. The company reported $1.16 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.98 by $0.18. The firm had revenue of $24.44 million during the quarter, compared to the consensus estimate of $22.70 million. Bank7 had a net margin of 31.99% and a return on equity of 20.36%. Equities analysts expect that Bank7 Corp. will post 4.06 EPS for the current year.

Bank7 Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, October 7th. Stockholders of record on Friday, September 19th will be issued a dividend of $0.27 per share. This represents a $1.08 dividend on an annualized basis and a dividend yield of 2.2%. The ex-dividend date of this dividend is Friday, September 19th. Bank7’s dividend payout ratio is 20.69%.

Analysts Set New Price Targets

A number of research analysts recently commented on the stock. Piper Sandler upped their price target on shares of Bank7 from $50.50 to $55.00 and gave the company an “overweight” rating in a research note on Friday, July 18th. Keefe, Bruyette & Woods upped their price target on shares of Bank7 from $47.00 to $52.00 and gave the company an “outperform” rating in a research note on Monday, July 21st. Two equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus price target of $53.50.

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.