12,301 Shares in Origin Bancorp, Inc. $OBK Purchased by First National Bank of Omaha

First National Bank of Omaha bought a new position in Origin Bancorp, Inc. (NYSE:OBK) in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 12,301 shares of the company’s stock, valued at approximately $425,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. Tributary Capital Management LLC boosted its position in shares of Origin Bancorp by 92.5% in the third quarter. Tributary Capital Management LLC now owns 790,234 shares of the company’s stock valued at $27,279,000 after acquiring an additional 379,716 shares during the period. Jane Street Group LLC lifted its stake in Origin Bancorp by 97.9% in the 1st quarter. Jane Street Group LLC now owns 117,954 shares of the company’s stock worth $4,089,000 after purchasing an additional 58,340 shares in the last quarter. Arrowstreet Capital Limited Partnership bought a new position in Origin Bancorp in the 2nd quarter valued at $1,911,000. First Trust Advisors LP purchased a new position in shares of Origin Bancorp during the 2nd quarter valued at $1,897,000. Finally, Qube Research & Technologies Ltd grew its position in shares of Origin Bancorp by 112.7% during the 2nd quarter. Qube Research & Technologies Ltd now owns 91,666 shares of the company’s stock valued at $3,276,000 after purchasing an additional 48,566 shares in the last quarter. 54.68% of the stock is currently owned by institutional investors.

Origin Bancorp Trading Down 0.3%

Shares of OBK stock opened at $43.60 on Friday. The business has a 50-day moving average of $40.91 and a 200 day moving average of $37.63. The company has a debt-to-equity ratio of 0.08, a current ratio of 0.97 and a quick ratio of 0.97. Origin Bancorp, Inc. has a 1-year low of $28.80 and a 1-year high of $46.02. The stock has a market capitalization of $1.35 billion, a PE ratio of 18.17 and a beta of 0.77.

Origin Bancorp (NYSE:OBK) last announced its quarterly earnings data on Wednesday, January 28th. The company reported $0.95 earnings per share for the quarter, beating the consensus estimate of $0.88 by $0.07. The firm had revenue of $94.00 million during the quarter. Origin Bancorp had a return on equity of 6.27% and a net margin of 12.58%.

Origin Bancorp Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, February 27th. Shareholders of record on Friday, February 13th will be issued a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 1.4%. The ex-dividend date of this dividend is Friday, February 13th. Origin Bancorp’s dividend payout ratio (DPR) is 25.00%.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on OBK shares. Weiss Ratings reiterated a “hold (c)” rating on shares of Origin Bancorp in a research report on Thursday, January 22nd. Keefe, Bruyette & Woods increased their price target on shares of Origin Bancorp from $43.00 to $48.00 and gave the stock an “outperform” rating in a report on Monday, February 2nd. DA Davidson set a $49.00 price objective on shares of Origin Bancorp in a research report on Friday, January 30th. Zacks Research raised shares of Origin Bancorp from a “strong sell” rating to a “hold” rating in a report on Monday, January 26th. Finally, Piper Sandler increased their target price on Origin Bancorp from $42.00 to $43.00 and gave the company an “overweight” rating in a research note on Monday, October 27th. Five equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $44.80.

Origin Bancorp Profile

Origin Bancorp, Inc (NYSE: OBK) is a bank holding company based in Atlanta, Georgia, and is the parent of Origin Bank, a full-service commercial banking franchise. The company provides a broad range of financial products and services to individuals, small and middle-market businesses, and institutional clients across the southeastern United States.

Through Origin Bank, the company offers a variety of deposit products, including checking and savings accounts, money market accounts, and certificates of deposit.