Bank of South Carolina Corp. (NASDAQ:BKSC) insider Douglas H. Sass bought 1,000 shares of the company’s stock in a transaction dated Friday, August 25th. The shares were purchased at an average price of $19.00 per share, with a total value of $19,000.00. Following the transaction, the insider now owns 7,127 shares of the company’s stock, valued at $135,413. The acquisition was disclosed in a legal filing with the SEC, which is available through this link.
Bank of South Carolina Corp. (NASDAQ:BKSC) traded down 1.46% during midday trading on Friday, hitting $18.50. The stock had a trading volume of 3,757 shares. Bank of South Carolina Corp. has a 52 week low of $16.88 and a 52 week high of $23.97. The company’s 50-day moving average price is $19.06 and its 200 day moving average price is $20.03. The company has a market capitalization of $92.13 million, a PE ratio of 17.45 and a beta of 0.23.
Bank of South Carolina Corp. (NASDAQ:BKSC) last posted its quarterly earnings results on Thursday, July 13th. The bank reported $0.27 earnings per share (EPS) for the quarter. Bank of South Carolina Corp. had a net margin of 29.42% and a return on equity of 12.79%.
The firm also recently declared a quarterly dividend, which was paid on Monday, July 31st. Shareholders of record on Monday, July 3rd were given a dividend of $0.14 per share. The ex-dividend date of this dividend was Thursday, June 29th. This represents a $0.56 annualized dividend and a yield of 2.98%. Bank of South Carolina Corp.’s payout ratio is 53.33%.
A number of hedge funds have recently bought and sold shares of BKSC. Northern Trust Corp raised its stake in Bank of South Carolina Corp. by 6.4% in the second quarter. Northern Trust Corp now owns 15,302 shares of the bank’s stock valued at $310,000 after buying an additional 922 shares during the last quarter. Janus Henderson Group PLC acquired a new stake in Bank of South Carolina Corp. during the second quarter valued at about $1,321,000. Finally, John W. Rosenthal Capital Management Inc. raised its stake in Bank of South Carolina Corp. by 3.3% in the second quarter. John W. Rosenthal Capital Management Inc. now owns 77,077 shares of the bank’s stock valued at $1,561,000 after buying an additional 2,450 shares during the last quarter. Institutional investors and hedge funds own 7.09% of the company’s stock.
Bank of South Carolina Corp. Company Profile
Bank of South Carolina Corporation is a financial institution holding company. The Company offers a range of financial services through its subsidiary, The Bank of South Carolina (the Bank). The Bank is a commercial bank, which operates principally in the Charleston, Dorchester and Berkeley counties of South Carolina.
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