Copeland Capital Management LLC Has $67,000 Position in Bank7 Corp. $BSVN

Copeland Capital Management LLC increased its stake in shares of Bank7 Corp. (NASDAQ:BSVN) by 16.4% during the second quarter, HoldingsChannel reports. The institutional investor owned 1,601 shares of the company’s stock after buying an additional 225 shares during the quarter. Copeland Capital Management LLC’s holdings in Bank7 were worth $67,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in the stock. American Century Companies Inc. grew its position in Bank7 by 38.5% during the first quarter. American Century Companies Inc. now owns 55,562 shares of the company’s stock worth $2,152,000 after buying an additional 15,441 shares in the last quarter. Connor Clark & Lunn Investment Management Ltd. grew its position in Bank7 by 15.0% during the first quarter. Connor Clark & Lunn Investment Management Ltd. now owns 44,785 shares of the company’s stock worth $1,735,000 after buying an additional 5,849 shares in the last quarter. Goldman Sachs Group Inc. grew its position in Bank7 by 11.7% during the first quarter. Goldman Sachs Group Inc. now owns 30,056 shares of the company’s stock worth $1,164,000 after buying an additional 3,145 shares in the last quarter. Axxcess Wealth Management LLC grew its position in Bank7 by 23.5% during the first quarter. Axxcess Wealth Management LLC now owns 28,597 shares of the company’s stock worth $1,108,000 after buying an additional 5,444 shares in the last quarter. Finally, Russell Investments Group Ltd. boosted its holdings in shares of Bank7 by 30.0% in the 1st quarter. Russell Investments Group Ltd. now owns 25,451 shares of the company’s stock valued at $986,000 after purchasing an additional 5,870 shares in the last quarter. Institutional investors and hedge funds own 23.48% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have weighed in on BSVN. Keefe, Bruyette & Woods raised their target price on Bank7 from $47.00 to $52.00 and gave the company an “outperform” rating in a report on Monday, July 21st. Piper Sandler raised their target price on Bank7 from $50.50 to $55.00 and gave the company an “overweight” rating in a report on Friday, July 18th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Bank7 in a report on Saturday, September 27th. Finally, Zacks Research downgraded Bank7 from a “strong-buy” rating to a “hold” rating in a report on Monday, September 15th. Three equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat.com, Bank7 has an average rating of “Moderate Buy” and an average price target of $53.50.

Bank7 Stock Performance

Shares of BSVN opened at $46.47 on Friday. Bank7 Corp. has a 52 week low of $32.49 and a 52 week high of $50.26. The stock has a market capitalization of $439.14 million, a price-to-earnings ratio of 10.02 and a beta of 1.13. The stock has a fifty day moving average of $47.02 and a 200-day moving average of $42.15.

Bank7 (NASDAQ:BSVN) last announced its quarterly earnings results on Thursday, July 17th. The company reported $1.16 EPS for the quarter, beating analysts’ consensus estimates of $0.98 by $0.18. Bank7 had a return on equity of 20.36% and a net margin of 31.99%.The company had revenue of $24.44 million during the quarter, compared to analysts’ expectations of $22.70 million. As a group, equities analysts forecast that Bank7 Corp. will post 4.06 EPS for the current year.

Bank7 Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, October 7th. Investors of record on Friday, September 19th will be given a dividend of $0.27 per share. This represents a $1.08 annualized dividend and a yield of 2.3%. The ex-dividend date of this dividend is Friday, September 19th. Bank7’s dividend payout ratio (DPR) is currently 23.28%.

Insider Buying and Selling at Bank7

In related news, CEO Thomas L. Travis sold 13,084 shares of the firm’s stock in a transaction on Tuesday, August 26th. The stock was sold at an average price of $49.36, for a total transaction of $645,826.24. Following the completion of the transaction, the chief executive officer directly owned 286,293 shares of the company’s stock, valued at $14,131,422.48. This trade represents a 4.37% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, VP Jason E. Estes sold 1,879 shares of the firm’s stock in a transaction on Thursday, July 24th. The stock was sold at an average price of $47.58, for a total value of $89,402.82. Following the transaction, the vice president directly owned 75,961 shares of the company’s stock, valued at approximately $3,614,224.38. This represents a 2.41% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 16,416 shares of company stock valued at $806,150. 25.81% of the stock is owned by corporate insiders.

Bank7 Company 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.