Bank of SC Co. (BKSC) Shares Sold by Bank of America Corp DE
Bank of America Corp DE cut its stake in Bank of SC Co. (NASDAQ:BKSC) by 9.0% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 60,019 shares of the bank’s stock after selling 5,915 shares during the period. Bank of America Corp DE owned 1.09% of Bank of SC worth $1,242,000 as of its most recent filing with the Securities and Exchange Commission.
Other hedge funds and other institutional investors also recently made changes to their positions in the company. Dimensional Fund Advisors LP bought a new position in shares of Bank of SC in the second quarter worth about $364,000. Pwmco LLC bought a new stake in shares of Bank of SC during the second quarter worth approximately $1,500,000. John W. Rosenthal Capital Management Inc. raised its stake in shares of Bank of SC by 10.0% during the second quarter. John W. Rosenthal Capital Management Inc. now owns 78,622 shares of the bank’s stock worth $1,627,000 after buying an additional 7,147 shares during the last quarter. Finally, Brown Advisory Inc. raised its stake in shares of Bank of SC by 9.3% during the second quarter. Brown Advisory Inc. now owns 254,921 shares of the bank’s stock worth $5,277,000 after buying an additional 21,588 shares during the last quarter. 11.38% of the stock is owned by institutional investors.
BKSC opened at $19.65 on Friday. The company has a market cap of $108.56 million, a P/E ratio of 18.32 and a beta of -0.15. Bank of SC Co. has a fifty-two week low of $18.00 and a fifty-two week high of $23.00.
The firm also recently declared a special dividend, which was paid on Wednesday, October 31st. Investors of record on Tuesday, October 9th were paid a dividend of $0.10 per share. This represents a dividend yield of 2.96%. The ex-dividend date was Friday, October 5th.
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Bank of SC Company Profile
Bank of South Carolina Corporation operates as the holding company for The Bank of South Carolina that provides commercial banking services to individuals, professionals, and small and middle market businesses in South Carolina. The company offers a range of deposit products, including non-interest bearing demand accounts, NOW accounts, money market accounts, time deposits, and savings accounts, as well as certificates of deposit.
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