Bank of South Carolina Corp. (BKSC) Insider Douglas H. Sass Purchases 1,000 Shares of Stock
Bank of South Carolina Corp. (NASDAQ:BKSC) insider Douglas H. Sass bought 1,000 shares of the stock in a transaction that occurred on Friday, August 25th. The stock was bought at an average cost of $19.00 per share, for a total transaction of $19,000.00. Following the completion of the purchase, the insider now directly owns 7,127 shares of the company’s stock, valued at $135,413. The acquisition was disclosed in a document filed with the SEC, which is available through the SEC website.
Shares of Bank of South Carolina Corp. (BKSC) traded up 0.786% during midday trading on Friday, reaching $18.921. 3,928 shares of the company were exchanged. The company has a 50 day moving average price of $19.05 and a 200-day moving average price of $20.02. Bank of South Carolina Corp. has a 12-month low of $16.88 and a 12-month high of $23.97. The stock has a market capitalization of $94.23 million, a P/E ratio of 17.850 and a beta of 0.23.
Bank of South Carolina Corp. (NASDAQ:BKSC) last released its quarterly earnings data on Thursday, July 13th. The bank reported $0.27 earnings per share for the quarter. Bank of South Carolina Corp. had a return on equity of 12.79% and a net margin of 29.42%.
The business also recently disclosed a quarterly dividend, which was paid on Monday, July 31st. Shareholders of record on Monday, July 3rd were paid a dividend of $0.14 per share. This represents a $0.56 dividend on an annualized basis and a yield of 2.96%. The ex-dividend date was Thursday, June 29th. Bank of South Carolina Corp.’s dividend payout ratio (DPR) is currently 53.33%.
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A number of institutional investors have recently added to or reduced their stakes in the company. John W. Rosenthal Capital Management Inc. raised its position in Bank of South Carolina Corp. by 3.3% in the second quarter. John W. Rosenthal Capital Management Inc. now owns 77,077 shares of the bank’s stock worth $1,561,000 after buying an additional 2,450 shares during the period. Janus Henderson Group PLC bought a new position in Bank of South Carolina Corp. during the second quarter worth $1,321,000. Finally, Northern Trust Corp raised its position in Bank of South Carolina Corp. by 6.4% in the second quarter. Northern Trust Corp now owns 15,302 shares of the bank’s stock worth $310,000 after buying an additional 922 shares during the period. 7.09% of the stock is currently owned by institutional investors.
About Bank of South Carolina Corp.
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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