Bank7 Corp. $BSVN Shares Purchased by American Century Companies Inc.

American Century Companies Inc. boosted its position in Bank7 Corp. (NASDAQ:BSVN) by 113.8% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 118,772 shares of the company’s stock after buying an additional 63,210 shares during the period. American Century Companies Inc. owned approximately 1.26% of Bank7 worth $4,968,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also modified their holdings of the company. PNC Financial Services Group Inc. lifted its stake in shares of Bank7 by 100.0% in the 1st quarter. PNC Financial Services Group Inc. now owns 800 shares of the company’s stock valued at $31,000 after purchasing an additional 400 shares during the period. Police & Firemen s Retirement System of New Jersey purchased a new stake in shares of Bank7 during the second quarter worth about $38,000. Copeland Capital Management LLC raised its holdings in shares of Bank7 by 16.4% during the second quarter. Copeland Capital Management LLC now owns 1,601 shares of the company’s stock valued at $67,000 after acquiring an additional 225 shares during the last quarter. AQR Capital Management LLC purchased a new position in Bank7 in the 1st quarter valued at $227,000. Finally, Charles Schwab Investment Management Inc. lifted its stake in shares of Bank7 by 6.5% in the first quarter. Charles Schwab Investment Management Inc. now owns 12,304 shares of the company’s stock worth $477,000 after buying an additional 750 shares in the last quarter. Hedge funds and other institutional investors own 23.48% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on BSVN shares. Keefe, Bruyette & Woods dropped their price target on shares of Bank7 from $54.00 to $53.00 and set an “outperform” rating for the company in a research note on Thursday, October 16th. Zacks Research lowered Bank7 from a “strong-buy” rating to a “hold” rating in a report on Monday, September 15th. Finally, Weiss Ratings reiterated a “buy (b-)” rating on shares of Bank7 in a report on Thursday, October 30th. Three analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $54.00.

Bank7 Stock Down 0.3%

BSVN stock opened at $41.99 on Monday. The stock has a market capitalization of $396.81 million, a price-to-earnings ratio of 9.27 and a beta of 0.94. The stock’s fifty day simple moving average is $42.83 and its 200-day simple moving average is $43.85. Bank7 Corp. has a 52-week low of $32.49 and a 52-week high of $50.26.

Bank7 (NASDAQ:BSVN) last issued its earnings results on Wednesday, October 15th. The company reported $1.13 earnings per share for the quarter, topping the consensus estimate of $1.03 by $0.10. The business had revenue of $25.24 million for the quarter, compared to analyst estimates of $24.35 million. Bank7 had a return on equity of 19.11% and a net margin of 31.60%.During the same period last year, the company posted $1.24 EPS. As a group, analysts anticipate that Bank7 Corp. will post 4.06 earnings per share for the current fiscal year.

Bank7 Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 7th. Shareholders of record on Monday, December 22nd will be issued a $0.27 dividend. The ex-dividend date is Monday, December 22nd. This represents a $1.08 dividend on an annualized basis and a yield of 2.6%. Bank7’s payout ratio is currently 23.84%.

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.