Clover Partners buys $14,110,237 stake in Southwest Bancorp (OKSB)

Southwest Bancorp (OKSB) : Clover Partners scooped up 7,249 additional shares in Southwest Bancorp during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 15, 2016. The investment management firm now holds a total of 736,827 shares of Southwest Bancorp which is valued at $14,110,237.Southwest Bancorp makes up approximately 5.43% of Clover Partners’s portfolio.

Other Hedge Funds, Including , Ironwood Investment Management reduced its stake in OKSB by selling 11,019 shares or 28.22% in the most recent quarter. The Hedge Fund company now holds 28,022 shares of OKSB which is valued at $536,621. Southwest Bancorp makes up approx 0.38% of Ironwood Investment Management’s portfolio.Rhumbline Advisers reduced its stake in OKSB by selling 6,342 shares or 21.5% in the most recent quarter. The Hedge Fund company now holds 23,150 shares of OKSB which is valued at $443,323.Dimensional Fund Advisors Lp boosted its stake in OKSB in the latest quarter, The investment management firm added 64,494 additional shares and now holds a total of 1,547,540 shares of Southwest Bancorp which is valued at $30,192,505. Southwest Bancorp makes up approx 0.02% of Dimensional Fund Advisors Lp’s portfolio.California State Teachers Retirement System reduced its stake in OKSB by selling 2,790 shares or 6.86% in the most recent quarter. The Hedge Fund company now holds 37,872 shares of OKSB which is valued at $725,249. Boston Advisors sold out all of its stake in OKSB during the most recent quarter. The investment firm sold 190,106 shares of OKSB which is valued $3,691,859.

Southwest Bancorp opened for trading at $19.46 and hit $19.74 on the upside on Thursday, eventually ending the session at $19.72, with a gain of 0.72% or 0.14 points. The heightened volatility saw the trading volume jump to 19,255 shares. Company has a market cap of $369 M.

On the company’s financial health, Southwest Bancorp reported $0.28 EPS for the quarter, beating the analyst consensus estimate by $ 0.04 according to the earnings call on Jul 19, 2016. Analyst had a consensus of $0.24. The company had revenue of $23.57 million for the quarter, compared to analysts expectations of $23.79 million. The company’s revenue was up 22.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.22 EPS.

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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