Bank7 (NASDAQ:BSVN) Price Target Raised to $52.00

Bank7 (NASDAQ:BSVN - Free Report) had its price objective upped by Keefe, Bruyette & Woods from $47.00 to $52.00 in a research note issued to investors on Monday morning,Benzinga reports. The firm currently has an outperform rating on the stock.

Separately, Piper Sandler raised their price objective on shares of Bank7 from $50.50 to $55.00 and gave the company an "overweight" rating in a research report on Friday, July 18th.

Bank7 Stock Performance

NASDAQ BSVN traded down $0.90 on Monday, hitting $47.41. The stock had a trading volume of 6,927 shares, compared to its average volume of 27,265. Bank7 has a 52-week low of $32.49 and a 52-week high of $50.26. The company has a market capitalization of $448.02 million, a price-to-earnings ratio of 10.22 and a beta of 1.08. The firm has a 50-day moving average of $41.32 and a 200-day moving average of $40.41.

Bank7 (NASDAQ:BSVN - Get Free Report) last posted its earnings results on Thursday, July 17th. The company reported $1.16 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.98 by $0.18. Bank7 had a net margin of 31.99% and a return on equity of 20.81%. The business had revenue of $24.44 million for the quarter, compared to analysts' expectations of $22.70 million. As a group, research analysts anticipate that Bank7 will post 4.06 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Bank7

Several institutional investors and hedge funds have recently made changes to their positions in the business. Mink Brook Asset Management LLC purchased a new position in shares of Bank7 in the fourth quarter valued at about $19,864,000. Twin Lions Management LLC purchased a new position in shares of Bank7 in the fourth quarter valued at about $13,962,000. Invesco Ltd. purchased a new position in shares of Bank7 in the fourth quarter valued at about $4,291,000. American Century Companies Inc. increased its position in shares of Bank7 by 91.8% in the fourth quarter. American Century Companies Inc. now owns 40,121 shares of the company's stock valued at $1,872,000 after acquiring an additional 19,199 shares during the period. Finally, Penn Capital Management Company LLC purchased a new position in shares of Bank7 in the first quarter valued at about $644,000. Institutional investors own 23.48% of the company's stock.

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.