1 week Ago By ABMN Staff
Sierra Bancorp ( NASDAQ:BSRR – Free Report ) – Equities researchers at DA Davidson decreased their FY2025 EPS estimates for shares of Sierra Bancorp in a research report issued to clients and investors on Thursday, December 19th. DA Davidson analyst G. Tenner now anticipates that the financial services provider will earn $2.
78 per share for the year, down from their prior estimate of $2.88. The consensus estimate for Sierra Bancorp’s current full-year earnings is $2.
79 per share. Sierra Bancorp ( NASDAQ:BSRR – Get Free Report ) last issued its quarterly earnings results on Monday, October 21st. The financial services provider reported $0.
74 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.73 by $0.01.
The business had revenue of $52.59 million for the quarter, compared to analyst estimates of $38.30 million.
Sierra Bancorp had a net margin of 17.91% and a return on equity of 10.48%.
View Our Latest Stock Report on BSRR Sierra Bancorp Stock Performance Shares of BSRR stock opened at $29.19 on Monday. The company has a current ratio of 0.
79, a quick ratio of 0.79 and a debt-to-equity ratio of 0.46.
The stock has a 50 day simple moving average of $30.46 and a 200-day simple moving average of $27.92.
The company has a market cap of $420.16 million, a price-to-earnings ratio of 11.58 and a beta of 0.
92. Sierra Bancorp has a 12-month low of $17.69 and a 12-month high of $35.
13. Institutional Investors Weigh In On Sierra Bancorp Institutional investors and hedge funds have recently bought and sold shares of the stock. Panagora Asset Management Inc.
raised its holdings in shares of Sierra Bancorp by 8.2% in the second quarter. Panagora Asset Management Inc.
now owns 11,957 shares of the financial services provider’s stock worth $268,000 after acquiring an additional 904 shares during the last quarter. Financial Management Professionals Inc. acquired a new position in Sierra Bancorp in the 3rd quarter valued at about $29,000.
Jane Street Group LLC lifted its holdings in Sierra Bancorp by 9.7% in the 3rd quarter. Jane Street Group LLC now owns 16,827 shares of the financial services provider’s stock valued at $486,000 after purchasing an additional 1,484 shares in the last quarter.
Bank of New York Mellon Corp lifted its holdings in Sierra Bancorp by 3.0% in the 2nd quarter. Bank of New York Mellon Corp now owns 119,520 shares of the financial services provider’s stock valued at $2,675,000 after purchasing an additional 3,531 shares in the last quarter.
Finally, Empowered Funds LLC boosted its stake in shares of Sierra Bancorp by 5.3% during the 3rd quarter. Empowered Funds LLC now owns 74,994 shares of the financial services provider’s stock worth $2,166,000 after purchasing an additional 3,752 shares during the last quarter.
Hedge funds and other institutional investors own 55.40% of the company’s stock. Insider Activity at Sierra Bancorp In related news, Director Albert L.
Berra sold 2,540 shares of the stock in a transaction dated Thursday, November 7th. The shares were sold at an average price of $32.24, for a total value of $81,889.
60. Following the sale, the director now directly owns 150,063 shares of the company’s stock, valued at approximately $4,838,031.12.
This represents a 1.66 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink .
Also, Director James C. Holly sold 5,000 shares of Sierra Bancorp stock in a transaction dated Tuesday, November 5th. The stock was sold at an average price of $28.
98, for a total transaction of $144,900.00. Following the transaction, the director now owns 313,370 shares of the company’s stock, valued at approximately $9,081,462.
60. The trade was a 1.57 % decrease in their position.
The disclosure for this sale can be found here . Insiders sold 8,056 shares of company stock valued at $244,741 in the last ninety days. Corporate insiders own 11.
86% of the company’s stock. Sierra Bancorp Dividend Announcement The company also recently declared a quarterly dividend, which was paid on Tuesday, November 12th. Investors of record on Thursday, October 31st were issued a $0.
24 dividend. This represents a $0.96 dividend on an annualized basis and a dividend yield of 3.
29%. The ex-dividend date of this dividend was Thursday, October 31st. Sierra Bancorp’s dividend payout ratio is currently 38.
10%. Sierra Bancorp Company Profile ( Get Free Report ) Sierra Bancorp operates as the bank holding company for Bank of the Sierra that provides retail and commercial banking services to individuals and businesses in California. It accepts various deposit products, such as checking accounts, savings accounts, money market demand accounts, time deposits, retirement accounts, and sweep accounts.
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