Fleetwood S. Hassell Buys 10,000 Shares of Bank of SC Co. (BKSC) Stock

Bank of SC Co. (NASDAQ:BKSC) President Fleetwood S. Hassell acquired 10,000 shares of the firm’s stock in a transaction on Wednesday, April 17th. The shares were bought at an average cost of $18.92 per share, for a total transaction of $189,200.00. Following the completion of the acquisition, the president now owns 51,487 shares of the company’s stock, valued at $974,134.04. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

BKSC opened at $18.40 on Friday. The firm has a market cap of $101.49 million, a price-to-earnings ratio of 14.72 and a beta of -0.04. Bank of SC Co. has a 52-week low of $16.75 and a 52-week high of $23.00.

Bank of SC (NASDAQ:BKSC) last posted its quarterly earnings data on Tuesday, April 9th. The bank reported $0.30 earnings per share (EPS) for the quarter. Bank of SC had a net margin of 34.38% and a return on equity of 15.91%.

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 30th. Shareholders of record on Monday, April 8th will be issued a dividend of $0.16 per share. This represents a $0.64 annualized dividend and a yield of 3.48%. This is an increase from Bank of SC’s previous quarterly dividend of $0.15. The ex-dividend date is Friday, April 5th.

A number of institutional investors and hedge funds have recently bought and sold shares of BKSC. BlackRock Inc. lifted its holdings in Bank of SC by 218.9% during the fourth quarter. BlackRock Inc. now owns 5,189 shares of the bank’s stock valued at $94,000 after purchasing an additional 3,562 shares in the last quarter. Dimensional Fund Advisors LP raised its position in shares of Bank of SC by 5.3% in the fourth quarter. Dimensional Fund Advisors LP now owns 23,969 shares of the bank’s stock valued at $436,000 after buying an additional 1,209 shares during the last quarter. Finally, Vanguard Group Inc raised its position in shares of Bank of SC by 2.3% in the third quarter. Vanguard Group Inc now owns 48,939 shares of the bank’s stock valued at $993,000 after buying an additional 1,100 shares during the last quarter. 11.54% of the stock is currently owned by institutional investors and hedge funds.

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About Bank of SC

Bank of South Carolina Corporation operates as the holding company for The Bank of South Carolina that provides commercial banking services to individuals, professionals, and small and middle market businesses in South Carolina. The company offers a range of deposit products, including non-interest bearing demand accounts, NOW accounts, money market accounts, time deposits, and savings accounts, as well as certificates of deposit.

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