Dimensional Fund Advisors LP grew its position in Bank of SC Co. (NASDAQ:BKSC) by 5.3% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 23,969 shares of the bank’s stock after acquiring an additional 1,209 shares during the quarter. Dimensional Fund Advisors LP’s holdings in Bank of SC were worth $436,000 as of its most recent filing with the Securities and Exchange Commission.
Separately, BlackRock Inc. increased its holdings in shares of Bank of SC by 218.9% in the 4th quarter. BlackRock Inc. now owns 5,189 shares of the bank’s stock valued at $94,000 after acquiring an additional 3,562 shares during the last quarter. Hedge funds and other institutional investors own 11.54% of the company’s stock.
In related news, President Fleetwood S. Hassell acquired 10,000 shares of Bank of SC stock in a transaction that occurred on Wednesday, April 17th. The stock was acquired at an average price of $18.92 per share, for a total transaction of $189,200.00. Following the transaction, the president now directly owns 51,487 shares of the company’s stock, valued at approximately $974,134.04. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Insiders have purchased a total of 10,110 shares of company stock valued at $191,264 in the last 90 days. Insiders own 27.94% of the company’s stock.
Bank of SC (NASDAQ:BKSC) last issued its quarterly earnings results on Tuesday, April 9th. The bank reported $0.30 earnings per share for the quarter. Bank of SC had a return on equity of 15.91% and a net margin of 34.38%.
The business also recently disclosed a quarterly dividend, which was paid on Tuesday, April 30th. Investors of record on Monday, April 8th were given a dividend of $0.16 per share. The ex-dividend date of this dividend was Friday, April 5th. This represents a $0.64 dividend on an annualized basis and a yield of 3.20%. This is a positive change from Bank of SC’s previous quarterly dividend of $0.15.
Bank of SC Profile
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.
Read More: How to calculate compound interest
Want to see what other hedge funds are holding BKSC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Bank of SC Co. (NASDAQ:BKSC).
Receive News & Ratings for Bank of SC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Bank of SC and related companies with MarketBeat.com's FREE daily email newsletter.