Bank of South Carolina Corp. (NASDAQ:BKSC) Chairman Hugh C. Lane, Jr. acquired 3,259 shares of the firm’s stock in a transaction dated Monday, February 5th. The shares were acquired at an average price of $19.25 per share, with a total value of $62,735.75. Following the acquisition, the chairman now owns 248,230 shares in the company, valued at approximately $4,778,427.50. The purchase was disclosed in a document filed with the SEC, which is accessible through this hyperlink.
Shares of Bank of South Carolina Corp. (NASDAQ BKSC) remained flat at $$19.05 on Wednesday. 1,633 shares of the company’s stock traded hands, compared to its average volume of 3,870. Bank of South Carolina Corp. has a 1-year low of $17.35 and a 1-year high of $22.00. The stock has a market cap of $96.04, a PE ratio of 19.84 and a beta of 0.13.
Bank of South Carolina (NASDAQ:BKSC) last issued its quarterly earnings data on Thursday, January 11th. The bank reported $0.17 EPS for the quarter. Bank of South Carolina had a return on equity of 11.45% and a net margin of 29.70%.
An institutional investor recently raised its position in Bank of South Carolina stock. Northern Trust Corp grew its holdings in shares of Bank of South Carolina Corp. (NASDAQ:BKSC) by 6.4% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 15,302 shares of the bank’s stock after purchasing an additional 922 shares during the period. Northern Trust Corp owned approximately 0.31% of Bank of South Carolina worth $310,000 at the end of the most recent quarter. Institutional investors and hedge funds own 6.02% of the company’s stock.
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Bank of South Carolina Company Profile
Bank of South Carolina Corporation is a financial institution holding company. The Company offers a range of financial services through its subsidiary, The Bank of South Carolina (the Bank). The Bank is a commercial bank, which operates principally in the Charleston, Dorchester and Berkeley counties of South Carolina.
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