8,363 Shares in Bank7 Corp. (NASDAQ:BSVN) Purchased by Millennium Management LLC

Millennium Management LLC acquired a new stake in Bank7 Corp. (NASDAQ:BSVN - Free Report) during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm acquired 8,363 shares of the company's stock, valued at approximately $390,000. Millennium Management LLC owned about 0.09% of Bank7 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. BNP Paribas Financial Markets increased its stake in Bank7 by 17.9% in the 4th quarter. BNP Paribas Financial Markets now owns 1,773 shares of the company's stock valued at $83,000 after buying an additional 269 shares during the last quarter. Wells Fargo & Company MN grew its holdings in shares of Bank7 by 30.1% in the 4th quarter. Wells Fargo & Company MN now owns 2,333 shares of the company's stock valued at $109,000 after acquiring an additional 540 shares in the last quarter. Jacobs Levy Equity Management Inc. bought a new position in shares of Bank7 in the 4th quarter valued at about $201,000. Corton Capital Inc. acquired a new stake in shares of Bank7 in the fourth quarter valued at about $256,000. Finally, PDT Partners LLC bought a new stake in Bank7 during the fourth quarter worth about $260,000. Institutional investors own 23.48% of the company's stock.

Wall Street Analyst Weigh In

Separately, Keefe, Bruyette & Woods decreased their price target on Bank7 from $50.00 to $47.00 and set an "outperform" rating for the company in a research note on Friday, April 11th.

Bank7 Price Performance

NASDAQ BSVN traded up $0.65 on Tuesday, hitting $39.90. 9,871 shares of the stock were exchanged, compared to its average volume of 24,567. The company has a market capitalization of $376.98 million, a PE ratio of 8.24 and a beta of 1.08. The business's fifty day moving average is $37.27 and its 200 day moving average is $41.09. Bank7 Corp. has a 52 week low of $27.84 and a 52 week high of $50.26.

Bank7 (NASDAQ:BSVN - Get Free Report) last issued its earnings results on Thursday, April 10th. The company reported $1.08 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.97 by $0.11. Bank7 had a net margin of 32.00% and a return on equity of 23.83%. The company had revenue of $22.60 million for the quarter, compared to analysts' expectations of $22.58 million. During the same period in the prior year, the firm earned $1.21 EPS. Analysts predict that Bank7 Corp. will post 4.06 EPS for the current fiscal year.

Bank7 Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, July 8th. Stockholders of record on Friday, June 20th will be paid a dividend of $0.24 per share. The ex-dividend date of this dividend is Friday, June 20th. This represents a $0.96 dividend on an annualized basis and a dividend yield of 2.41%. Bank7's dividend payout ratio (DPR) is currently 20.38%.

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.