Prosperity Bancshares (PB) News Today

Prosperity Bancshares, Inc. (NYSE:PB - Get Free Report) was the target of a significant decrease in short interest in the month of May. As of May 31st, there was short interest totalling 2,190,000 shares, a decrease of 16.1% from the May 15th total of 2,610,000 shares. Based on an average trading volume of 483,200 shares, the days-to-cover ratio is presently 4.5 days. Currently, 2.4% of the company's shares are sold short.

Palisade Capital Management LP trimmed its position in shares of Prosperity Bancshares, Inc. (NYSE:PB - Free Report) by 10.3% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 499,399 shares of the bank's stock after se

First Financial Bankshares Inc bought a new stake in shares of Prosperity Bancshares, Inc. (NYSE:PB - Free Report) in the 4th quarter, according to its most recent filing with the SEC. The institutional investor bought 35,813 shares of the bank's stock, valued at approximately $2,426,000. A number

Dean Capital Management bought a new stake in Prosperity Bancshares, Inc. (NYSE:PB - Free Report) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 24,283 shares of the bank's stock, valued at approximately $1,645,000

Azora Capital LP cut its stake in shares of Prosperity Bancshares, Inc. (NYSE:PB - Free Report) by 47.9% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 396,129 shares of the bank's stock after selling 363,6

Public Employees Retirement Association of Colorado lifted its position in Prosperity Bancshares, Inc. (NYSE:PB - Free Report) by 359.3% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 247,936 shares of the ban

Rafferty Asset Management LLC lifted its stake in Prosperity Bancshares, Inc. (NYSE:PB - Free Report) by 46.0% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 157,131 shares of the bank's stock after purchasing an additi

BNP Paribas Financial Markets lowered its position in Prosperity Bancshares, Inc. (NYSE:PB - Free Report) by 74.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 6,040 shares of the bank's stock after

Corient Private Wealth LLC lowered its position in shares of Prosperity Bancshares, Inc. (NYSE:PB - Free Report) by 35.8% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 49,532 shares of the bank's stock

Trexquant Investment LP boosted its position in Prosperity Bancshares, Inc. (NYSE:PB - Free Report) by 485.2% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 23,989 shares of the bank's s

Massachusetts Financial Services Co. MA decreased its position in shares of Prosperity Bancshares, Inc. (NYSE:PB - Free Report) by 0.6% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 2,322,198 shares of the bank's st

Prosperity Bancshares, Inc. (NYSE:PB - Free Report) - Equities research analysts at Zacks Research lifted their Q2 2024 earnings per share (EPS) estimates for shares of Prosperity Bancshares in a research note issued to investors on Tuesday, May 14th. Zacks Research analyst R. Department now expe

Wambolt & Associates LLC decreased its stake in shares of Prosperity Bancshares, Inc. (NYSE:PB - Free Report) by 23.6% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 67,873 shares of the bank's stock after selling 20

Natixis Advisors L.P. grew its holdings in Prosperity Bancshares, Inc. (NYSE:PB - Free Report) by 226.5% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 144,994 shares of the bank's stock after buying an additional 100,57

Fisher Asset Management LLC reduced its position in shares of Prosperity Bancshares, Inc. (NYSE:PB - Free Report) by 25.6% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 263,154 shares of the bank's stock

Russell Investments Group Ltd. cut its holdings in Prosperity Bancshares, Inc. (NYSE:PB - Free Report) by 17.8% in the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 196,365 shares of the bank's stock after selling 42,634 shares during the period. Russell Investme

California Public Employees Retirement System decreased its stake in shares of Prosperity Bancshares, Inc. (NYSE:PB - Free Report) by 7.3% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 152,646 shares of t

Victory Capital Management Inc. increased its holdings in shares of Prosperity Bancshares, Inc. (NYSE:PB - Free Report) by 2.4% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 5,928,697 shares of the bank's stock after purch

Amica Mutual Insurance Co. grew its stake in shares of Prosperity Bancshares, Inc. (NYSE:PB - Free Report) by 127.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 69,426 shares of the b

Federated Hermes Inc. raised its holdings in Prosperity Bancshares, Inc. (NYSE:PB - Free Report) by 266.8% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 47,136 shares of the bank's stock after purchasing an additional 34,285 shares during th

Prosperity Bancshares, Inc. (NYSE:PB - Free Report) - Equities researchers at DA Davidson decreased their FY2024 earnings per share (EPS) estimates for shares of Prosperity Bancshares in a note issued to investors on Thursday, April 25th. DA Davidson analyst P. Winter now anticipates that the ban

Prosperity Bancshares (NYSE:PB - Get Free Report) announced its earnings results on Wednesday. The bank reported $1.18 earnings per share for the quarter, topping analysts' consensus estimates of $1.15 by $0.03. The business had revenue of $420.78 million for the quarter, compared to analyst estimates of $274.88 million. Prosperity Bancshares had a return on equity of 6.62% and a net margin of 26.24%. During the same period in the prior year, the company earned $1.37 EPS.

South Dakota Investment Council reduced its position in shares of Prosperity Bancshares, Inc. (NYSE:PB - Free Report) by 10.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 123,367 shares of

Mirae Asset Global Investments Co. Ltd. acquired a new stake in shares of Prosperity Bancshares, Inc. (NYSE:PB - Free Report) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 16,517 shar

Strs Ohio acquired a new stake in Prosperity Bancshares, Inc. (NYSE:PB - Free Report) during the 4th quarter, according to its most recent filing with the SEC. The institutional investor acquired 32,369 shares of the bank's stock, valued at approximately $2,192,000. A number of other hedge funds h

Prosperity Bancshares, Inc. (NYSE:PB) announced a quarterly dividend on Wednesday, April 17th. Shareholders of record on Friday, June 14th will be paid a dividend of 0.56 per share by the bank on Monday, July 1st. This represents a $2.24 annualized dividend and a yield of 3.75%. The ex-dividend date is Friday, June 14th.

Louisiana State Employees Retirement System purchased a new position in shares of Prosperity Bancshares, Inc. (NYSE:PB - Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 26,

Royal Bank of Canada restated a "sector perform" rating and set a $70.00 price target on shares of Prosperity Bancshares in a research note on Tuesday.

Olstein Capital Management L.P. decreased its stake in Prosperity Bancshares, Inc. (NYSE:PB - Free Report) by 72.8% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 28,000 shares of the bank's stock after selling 75,000 shares during the pe

Vaughan Nelson Investment Management L.P. purchased a new stake in shares of Prosperity Bancshares, Inc. (NYSE:PB - Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 683,680 shares of the ba