Southwest Bancorp Director Sells $357,200 in Stock (OKSB)
Southwest Bancorp (NASDAQ:OKSB) Director James E. Berry II unloaded 20,000 shares of the company’s stock on the open market in a transaction dated Tuesday, January 28th. The stock was sold at an average price of $17.86, for a total transaction of $357,200.00. Following the sale, the director now directly owns 203,820 shares in the company, valued at approximately $3,640,225. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link.
Shares of Southwest Bancorp (NASDAQ:OKSB) traded up 1.35% on Thursday, hitting $17.99. The stock had a trading volume of 51,735 shares. Southwest Bancorp has a 52 week low of $11.82 and a 52 week high of $18.77. The stock’s 50-day moving average is $16.56 and its 200-day moving average is $15.62. The company has a market cap of $355.0 million and a price-to-earnings ratio of 20.17.
Southwest Bancorp (NASDAQ:OKSB) last released its earnings data on Tuesday, January 21st. The company reported $0.34 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.19 by $0.15. During the same quarter last year, the company posted $0.05 earnings per share. Analysts expect that Southwest Bancorp will post $0.79 EPS for the current fiscal year.
The company also recently declared a quarterly dividend, which is scheduled for Friday, February 14th. Investors of record on Monday, February 3rd will be given a dividend of 0.04 per share. This represents a $0.16 dividend on an annualized basis and a yield of 0.90%. The ex-dividend date of this dividend is Thursday, January 30th.
OKSB has been the subject of a number of recent research reports. Analysts at Zacks upgraded shares of Southwest Bancorp from a “neutral” rating to an “outperform” rating in a research note to investors on Thursday, January 23rd. They now have a $19.40 price target on the stock. Separately, analysts at Keefe, Bruyette & Woods raised their price target on shares of Southwest Bancorp from $16.50 to $19.00 in a research note to investors on Thursday, January 23rd. Finally, analysts at FIG Partners upgraded shares of Southwest Bancorp to an “outperform” rating in a research note to investors on Wednesday, January 22nd. Four research analysts have rated the stock with a buy rating, The company has a consensus rating of “Buy” and an average target price of $19.20.
Southwest Bancorp Inc (NASDAQ:OKSB) is the bank holding company for the Stillwater National Bank and Trust Company (Stillwater National) and Bank of Kansas.
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