Bank of New York Mellon Corp raised its position in shares of Southwest Bancorp Inc. (NASDAQ:OKSB) by 0.6% during the second quarter, Holdings Channel reports. The firm owned 107,012 shares of the company’s stock after buying an additional 622 shares during the period. Bank of New York Mellon Corp owned approximately 0.57% of Southwest Bancorp worth $1,812,000 as of its most recent filing with the SEC.
Several other hedge funds have also made changes to their positions in the stock. Strs Ohio raised its stake in shares of Southwest Bancorp by 8.7% in the second quarter. Strs Ohio now owns 12,500 shares of the company’s stock worth $211,000 after buying an additional 1,000 shares during the period. Virginia Retirement System acquired a new stake in shares of Southwest Bancorp during the first quarter worth $318,000. Barclays PLC raised its stake in shares of Southwest Bancorp by 0.4% in the first quarter. Barclays PLC now owns 38,662 shares of the company’s stock worth $580,000 after buying an additional 154 shares during the period. Geode Capital Management LLC raised its stake in shares of Southwest Bancorp by 10.1% in the first quarter. Geode Capital Management LLC now owns 128,073 shares of the company’s stock worth $1,927,000 after buying an additional 11,792 shares during the period. Finally, Deprince Race & Zollo Inc. raised its stake in shares of Southwest Bancorp by 25.2% in the second quarter. Deprince Race & Zollo Inc. now owns 379,524 shares of the company’s stock worth $6,425,000 after buying an additional 76,479 shares during the period. Institutional investors own 79.68% of the company’s stock.
Shares of Southwest Bancorp Inc. (NASDAQ:OKSB) traded up 0.59% during trading on Friday, reaching $18.62. The company’s stock had a trading volume of 31,425 shares. Southwest Bancorp Inc. has a 12 month low of $14.00 and a 12 month high of $19.97. The firm has a market cap of $347.99 million, a PE ratio of 22.68 and a beta of 0.95. The company’s 50 day moving average price is $19.03 and its 200 day moving average price is $17.35.
Southwest Bancorp (NASDAQ:OKSB) last announced its quarterly earnings data on Tuesday, July 19th. The company reported $0.28 earnings per share for the quarter, topping the consensus estimate of $0.24 by $0.04. Southwest Bancorp had a return on equity of 5.60% and a net margin of 16.09%. On average, equities analysts predict that Southwest Bancorp Inc. will post $0.92 earnings per share for the current year.
OKSB has been the subject of a number of research reports. Hovde Group lowered Southwest Bancorp from an “outperform” rating to a “market perform” rating and set a $21.00 price objective for the company. in a research report on Friday, September 9th. Zacks Investment Research lowered Southwest Bancorp from a “buy” rating to a “hold” rating in a research report on Wednesday, September 21st. Four equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company. Southwest Bancorp presently has a consensus rating of “Hold” and an average target price of $19.20.
Southwest Bancorp Company Profile
Southwest Bancorp, Inc is a financial holding company. The Company operates through four segments: Oklahoma Banking, Texas Banking, Kansas Banking and Other Operations. The Oklahoma Banking segment provides deposit and lending services and consists of residential mortgage lending services to customers.
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