Southwest Bancorp, Inc. (OKSB) Shares Sold by Rhumbline Advisers
Rhumbline Advisers reduced its stake in Southwest Bancorp, Inc. (NASDAQ:OKSB) by 3.7% during the second quarter, according to its most recent filing with the SEC. The fund owned 22,385 shares of the bank’s stock after selling 870 shares during the quarter. Rhumbline Advisers owned 0.12% of Southwest Bancorp worth $572,000 at the end of the most recent quarter.
Several other large investors also recently modified their holdings of OKSB. SG Americas Securities LLC purchased a new stake in Southwest Bancorp in the 1st quarter worth about $215,000. Karp Capital Management Corp bought a new stake in Southwest Bancorp in the 1st quarter valued at about $284,000. American International Group Inc. lifted its holdings in Southwest Bancorp by 7.2% during the first quarter. American International Group Inc. now owns 11,133 shares of the bank’s stock valued at $291,000 after purchasing an additional 748 shares during the last quarter. Aperio Group LLC lifted its holdings in Southwest Bancorp by 10.3% during the second quarter. Aperio Group LLC now owns 11,977 shares of the bank’s stock valued at $306,000 after purchasing an additional 1,120 shares during the last quarter. Finally, Strs Ohio lifted its holdings in Southwest Bancorp by 19.0% during the first quarter. Strs Ohio now owns 14,400 shares of the bank’s stock valued at $376,000 after purchasing an additional 2,300 shares during the last quarter. 77.00% of the stock is currently owned by institutional investors.
Southwest Bancorp, Inc. (NASDAQ:OKSB) opened at 27.85 on Tuesday. The company has a market capitalization of $520.38 million, a price-to-earnings ratio of 24.65 and a beta of 0.98. The stock has a 50 day moving average of $25.81 and a 200-day moving average of $25.55. Southwest Bancorp, Inc. has a 52-week low of $17.07 and a 52-week high of $29.70.
Southwest Bancorp (NASDAQ:OKSB) last released its quarterly earnings results on Tuesday, July 25th. The bank reported $0.31 earnings per share (EPS) for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.31. The business had revenue of $25.89 million during the quarter, compared to analyst estimates of $24.97 million. Southwest Bancorp had a return on equity of 7.44% and a net margin of 19.38%. During the same quarter in the previous year, the company posted $0.28 earnings per share. On average, equities research analysts anticipate that Southwest Bancorp, Inc. will post $1.24 earnings per share for the current fiscal year.
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OKSB has been the subject of several recent research reports. Stephens reiterated a “hold” rating on shares of Southwest Bancorp in a research note on Tuesday, July 25th. Raymond James Financial, Inc. upgraded shares of Southwest Bancorp from an “underperform” rating to a “market perform” rating in a research note on Wednesday, July 5th. UBS AG raised shares of Southwest Bancorp from an “underperform” rating to a “market perform” rating in a report on Wednesday, July 5th. Zacks Investment Research lowered shares of Southwest Bancorp from a “buy” rating to a “hold” rating in a research note on Wednesday, July 5th. Finally, Keefe, Bruyette & Woods reissued a “hold” rating and set a $29.00 target price on shares of Southwest Bancorp in a report on Thursday, August 10th. Seven investment analysts have rated the stock with a hold rating and one has assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average target price of $26.33.
Southwest Bancorp Company Profile
Southwest Bancorp, Inc is a financial holding company. The Company operates in 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. The Texas Banking segment and the Kansas Banking segment provide deposit and lending services.
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