2 weeks Ago By ABMN Staff
Geode Capital Management LLC cut its stake in Live Oak Bancshares, Inc. ( NASDAQ:LOB – Free Report ) by 0.1% in the fourth quarter, HoldingsChannel reports.
The institutional investor owned 772,796 shares of the bank’s stock after selling 928 shares during the quarter. Geode Capital Management LLC’s holdings in Live Oak Bancshares were worth $30,571,000 at the end of the most recent reporting period. A number of other institutional investors also recently bought and sold shares of LOB.
Central Pacific Bank Trust Division grew its position in shares of Live Oak Bancshares by 3.5% in the fourth quarter. Central Pacific Bank Trust Division now owns 10,392 shares of the bank’s stock valued at $411,000 after purchasing an additional 356 shares during the period.
Handelsbanken Fonder AB boosted its position in Live Oak Bancshares by 7.1% in the 4th quarter. Handelsbanken Fonder AB now owns 6,000 shares of the bank’s stock valued at $237,000 after buying an additional 400 shares during the last quarter.
First Hawaiian Bank grew its stake in shares of Live Oak Bancshares by 3.6% during the fourth quarter. First Hawaiian Bank now owns 16,002 shares of the bank’s stock valued at $633,000 after acquiring an additional 551 shares in the last quarter.
FMR LLC increased its position in shares of Live Oak Bancshares by 15.0% during the third quarter. FMR LLC now owns 4,364 shares of the bank’s stock worth $207,000 after acquiring an additional 568 shares during the last quarter.
Finally, Howe & Rusling Inc. lifted its stake in shares of Live Oak Bancshares by 8.3% in the fourth quarter.
Howe & Rusling Inc. now owns 8,513 shares of the bank’s stock worth $337,000 after acquiring an additional 655 shares in the last quarter. 63.
95% of the stock is currently owned by hedge funds and other institutional investors. Live Oak Bancshares Stock Down 0.0 % Shares of Live Oak Bancshares stock opened at $23.
87 on Thursday. The business has a 50-day moving average price of $28.70 and a 200 day moving average price of $37.
96. Live Oak Bancshares, Inc. has a fifty-two week low of $22.
68 and a fifty-two week high of $50.57. The firm has a market cap of $1.
09 billion, a P/E ratio of 16.46 and a beta of 1.75.
Live Oak Bancshares Announces Dividend Analyst Upgrades and Downgrades A number of equities research analysts have weighed in on LOB shares. StockNews.com lowered Live Oak Bancshares from a “hold” rating to a “sell” rating in a research note on Friday, March 28th.
Keefe, Bruyette & Woods restated a “market perform” rating and issued a $44.00 price target (down previously from $48.00) on shares of Live Oak Bancshares in a research note on Friday, January 24th.
One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and two have issued a buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $44.
75. Check Out Our Latest Stock Analysis on Live Oak Bancshares Live Oak Bancshares Company Profile ( Free Report ) Live Oak Bancshares, Inc operates as the bank holding company for Live Oak Banking Company that provides various banking products and services in the United States. It operates through two segments, Banking and Fintech.
The company accepts various deposit products, including noninterest-bearing demand, as well as interest-bearing checking, money market, savings, and time deposits. Recommended Stories Want to see what other hedge funds are holding LOB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Live Oak Bancshares, Inc.
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