Sierra Bancorp (NASDAQ:BSRR) Director Gordon T. Woods sold 3,000 shares of the business’s stock in a transaction that occurred on Monday, December 4th. The stock was sold at an average price of $28.50, for a total transaction of $85,500.00. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

Shares of Sierra Bancorp (NASDAQ:BSRR) traded down $0.78 during trading on Tuesday, hitting $27.27. 90,250 shares of the stock were exchanged, compared to its average volume of 36,539. The firm has a market cap of $424.76, a PE ratio of 18.61, a price-to-earnings-growth ratio of 2.30 and a beta of 0.80. Sierra Bancorp has a fifty-two week low of $22.82 and a fifty-two week high of $29.50. The company has a quick ratio of 0.76, a current ratio of 0.76 and a debt-to-equity ratio of 0.16.

Sierra Bancorp (NASDAQ:BSRR) last announced its earnings results on Monday, October 23rd. The financial services provider reported $0.41 EPS for the quarter, beating analysts’ consensus estimates of $0.39 by $0.02. The business had revenue of $24.35 million for the quarter, compared to analysts’ expectations of $23.90 million. Sierra Bancorp had a net margin of 21.59% and a return on equity of 9.87%. equities analysts expect that Sierra Bancorp will post 1.51 EPS for the current year.

The firm also recently announced a quarterly dividend, which was paid on Thursday, November 16th. Stockholders of record on Thursday, November 2nd were issued a $0.14 dividend. The ex-dividend date was Wednesday, November 1st. This represents a $0.56 dividend on an annualized basis and a dividend yield of 2.05%. Sierra Bancorp’s payout ratio is 37.33%.

A number of equities analysts have recently commented on BSRR shares. Zacks Investment Research raised shares of Sierra Bancorp from a “hold” rating to a “buy” rating and set a $28.00 target price on the stock in a report on Tuesday, August 22nd. ValuEngine raised shares of Sierra Bancorp from a “hold” rating to a “buy” rating in a report on Saturday, August 12th. Finally, DA Davidson cut shares of Sierra Bancorp from a “buy” rating to a “neutral” rating in a report on Tuesday, October 24th. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and one has assigned a buy rating to the company’s stock. Sierra Bancorp presently has a consensus rating of “Hold” and an average target price of $28.15.

Several institutional investors have recently made changes to their positions in BSRR. Vanguard Group Inc. increased its holdings in shares of Sierra Bancorp by 22.4% in the 1st quarter. Vanguard Group Inc. now owns 455,718 shares of the financial services provider’s stock valued at $12,500,000 after acquiring an additional 83,492 shares during the period. Geode Capital Management LLC increased its stake in Sierra Bancorp by 13.6% in the 1st quarter. Geode Capital Management LLC now owns 83,977 shares of the financial services provider’s stock valued at $2,303,000 after buying an additional 10,073 shares during the period. Dimensional Fund Advisors LP increased its stake in Sierra Bancorp by 5.9% in the 1st quarter. Dimensional Fund Advisors LP now owns 876,353 shares of the financial services provider’s stock valued at $24,038,000 after buying an additional 48,508 shares during the period. Schwab Charles Investment Management Inc. increased its stake in Sierra Bancorp by 33.3% in the 1st quarter. Schwab Charles Investment Management Inc. now owns 21,200 shares of the financial services provider’s stock valued at $582,000 after buying an additional 5,300 shares during the period. Finally, Russell Investments Group Ltd. increased its stake in Sierra Bancorp by 175.2% in the 2nd quarter. Russell Investments Group Ltd. now owns 19,400 shares of the financial services provider’s stock valued at $476,000 after buying an additional 12,350 shares during the period. 49.24% of the stock is currently owned by institutional investors and hedge funds.

ILLEGAL ACTIVITY WARNING: This story was posted by American Banking News and is the sole property of of American Banking News. If you are accessing this story on another publication, it was illegally stolen and reposted in violation of US and international trademark and copyright law. The legal version of this story can be read at https://www.americanbankingnews.com/2017/12/05/sierra-bancorp-bsrr-director-gordon-t-woods-sells-3000-shares.html.

About Sierra Bancorp

Sierra Bancorp is a bank holding company for Bank of the Sierra (the Bank). The Bank is a state-chartered bank, which offers a range of retail and commercial banking services. The Bank’s products and services are related to the business of lending money and accepting deposits. Its customers have access to electronic point-of-sale payment alternatives around the country through the Pulse Electronic Funds Transfer (EFT) network.

Insider Buying and Selling by Quarter for Sierra Bancorp (NASDAQ:BSRR)

Receive News & Ratings for Sierra Bancorp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sierra Bancorp and related companies with MarketBeat.com's FREE daily email newsletter.