Bank7 Corp. $BSVN Position Increased by American Century Companies Inc.

American Century Companies Inc. raised its holdings in shares of Bank7 Corp. (NASDAQ:BSVN - Free Report) by 38.5% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 55,562 shares of the company's stock after buying an additional 15,441 shares during the period. American Century Companies Inc. owned about 0.59% of Bank7 worth $2,152,000 at the end of the most recent reporting period.

Other institutional investors have also made changes to their positions in the company. PNC Financial Services Group Inc. lifted its position in shares of Bank7 by 100.0% during the first quarter. PNC Financial Services Group Inc. now owns 800 shares of the company's stock worth $31,000 after purchasing an additional 400 shares in the last quarter. GAMMA Investing LLC lifted its position in shares of Bank7 by 8,105.9% during the first quarter. GAMMA Investing LLC now owns 1,395 shares of the company's stock worth $54,000 after purchasing an additional 1,378 shares in the last quarter. BNP Paribas Financial Markets lifted its position in shares of Bank7 by 17.9% during the fourth quarter. BNP Paribas Financial Markets now owns 1,773 shares of the company's stock worth $83,000 after purchasing an additional 269 shares in the last quarter. Virtus Investment Advisers Inc. acquired a new position in shares of Bank7 during the fourth quarter worth $98,000. Finally, Wells Fargo & Company MN lifted its position in shares of Bank7 by 30.1% during the fourth quarter. Wells Fargo & Company MN now owns 2,333 shares of the company's stock worth $109,000 after purchasing an additional 540 shares in the last quarter. 23.48% of the stock is owned by institutional investors and hedge funds.

Bank7 Price Performance

BSVN traded down $1.22 during trading on Friday, hitting $48.44. The company had a trading volume of 12,880 shares, compared to its average volume of 19,651. The company has a market cap of $457.76 million, a PE ratio of 10.44 and a beta of 1.17. The business has a 50-day moving average of $46.17 and a 200-day moving average of $41.09. Bank7 Corp. has a 1-year low of $32.49 and a 1-year high of $50.26.

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

Bank7 Announces Dividend

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

Insider Buying and Selling at Bank7

In other Bank7 news, CEO Thomas L. Travis sold 13,084 shares of the business's stock in a transaction 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 in the company, valued at $14,131,422.48. The trade was a 4.37% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, VP Jason E. Estes sold 1,879 shares of the business's stock in a transaction on Thursday, July 24th. The shares were sold at an average price of $47.58, for a total transaction of $89,402.82. Following the sale, the vice president owned 75,961 shares of the company's stock, valued at approximately $3,614,224.38. The trade was a 2.41% decrease in their position. The disclosure for this sale can be found here. Insiders sold 16,416 shares of company stock worth $806,150 over the last ninety days. 25.81% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

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

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.