Clover Partners buys $21,239,462 stake in Southwest Bancorp (OKSB)

Southwest Bancorp (OKSB) : Clover Partners scooped up 192,900 additional shares in Southwest Bancorp during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Nov 14, 2016. The investment management firm now holds a total of 976,527 shares of Southwest Bancorp which is valued at $21,239,462.Southwest Bancorp makes up approximately 8.40% of Clover Partners’s portfolio.

Other Hedge Funds, Including , Allianz Asset Management Ag reduced its stake in OKSB by selling 10,324 shares or 14.14% in the most recent quarter. The Hedge Fund company now holds 62,667 shares of OKSB which is valued at $1,363,007.Boston Partners boosted its stake in OKSB in the latest quarter, The investment management firm added 7,980 additional shares and now holds a total of 151,110 shares of Southwest Bancorp which is valued at $3,022,200.Blackrock Fund Advisors boosted its stake in OKSB in the latest quarter, The investment management firm added 37,570 additional shares and now holds a total of 507,799 shares of Southwest Bancorp which is valued at $9,572,011.Blackrock Investment Management reduced its stake in OKSB by selling 252 shares or 0.32% in the most recent quarter. The Hedge Fund company now holds 77,553 shares of OKSB which is valued at $1,461,874.Victory Capital Management Inc reduced its stake in OKSB by selling 7,000 shares or 9.5% in the most recent quarter. The Hedge Fund company now holds 66,703 shares of OKSB which is valued at $1,213,995.

Southwest Bancorp opened for trading at $21.6 and hit $22.05 on the upside on Monday, eventually ending the session at $21.9, with a gain of 1.86% or 0.4 points. The heightened volatility saw the trading volume jump to 45,266 shares. Company has a market cap of $409 M.

On the company’s financial health, Southwest Bancorp reported $0.23 EPS for the quarter, missing the analyst consensus estimate by $ -0.04 based on the information available during the earnings call on Oct 18, 2016. Analyst had a consensus of $0.27.Analysts expectations of $ 24.08.During the same quarter in the previous year, the company posted $0.22 EPS.

Many Wall Street Analysts have commented on Southwest Bancorp. Hovde Group Upgraded Southwest Bancorp on Nov 7, 2016 to ” Outperform”, Price Target of the shares are set at $21.Hovde Group Downgraded Southwest Bancorp on Sep 9, 2016 to ” Market Perform”, Price Target of the shares are set at $21.

Southwest Bancorp Inc. (Southwest) is a financial holding company. The Company operates in five segments: Oklahoma Banking Texas Banking and Kansas Banking which provides deposit and lending services; Mortgage Banking which consists of residential mortgage lending services to customers and Other Operations that includes funds management (investment portfolio and funding) and corporate investments. The Company focuses on providing customers with service and meeting the banking needs by offering a variety of commercial and consumer banking services including commercial and consumer lending deposit and investment services specialized cash management and other financial services and products. The Company focuses on the financial needs of healthcare and health professionals commercial real estate borrowers businesses and the managers and owners commercial lending and energy banking. The healthcare and real estate industries make up the majority of the Company’s loan portfolio.

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