Stieven Capital Advisors L.P. Raises Stake in Prosperity Bancshares, Inc. $PB

Stieven Capital Advisors L.P. grew its stake in shares of Prosperity Bancshares, Inc. (NYSE:PB) by 50.2% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 178,658 shares of the bank’s stock after purchasing an additional 59,700 shares during the period. Prosperity Bancshares makes up about 2.3% of Stieven Capital Advisors L.P.’s holdings, making the stock its 19th largest position. Stieven Capital Advisors L.P.’s holdings in Prosperity Bancshares were worth $12,347,000 as of its most recent filing with the SEC.

Several other institutional investors also recently made changes to their positions in the stock. Vanguard Group Inc. boosted its position in shares of Prosperity Bancshares by 1.4% during the 4th quarter. Vanguard Group Inc. now owns 10,256,927 shares of the bank’s stock worth $708,856,000 after purchasing an additional 140,035 shares in the last quarter. State Street Corp boosted its position in shares of Prosperity Bancshares by 6.6% during the 3rd quarter. State Street Corp now owns 5,580,039 shares of the bank’s stock worth $373,231,000 after purchasing an additional 343,062 shares in the last quarter. Dimensional Fund Advisors LP boosted its position in shares of Prosperity Bancshares by 0.6% during the 3rd quarter. Dimensional Fund Advisors LP now owns 4,784,022 shares of the bank’s stock worth $317,416,000 after purchasing an additional 28,994 shares in the last quarter. AQR Capital Management LLC boosted its position in shares of Prosperity Bancshares by 43.6% during the 3rd quarter. AQR Capital Management LLC now owns 3,421,408 shares of the bank’s stock worth $226,531,000 after purchasing an additional 1,038,246 shares in the last quarter. Finally, American Century Companies Inc. boosted its position in shares of Prosperity Bancshares by 48.7% during the 3rd quarter. American Century Companies Inc. now owns 2,122,031 shares of the bank’s stock worth $140,797,000 after purchasing an additional 695,114 shares in the last quarter. 80.69% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In related news, Director Ned S. Holmes sold 600 shares of the business’s stock in a transaction dated Wednesday, February 25th. The shares were sold at an average price of $71.30, for a total value of $42,780.00. Following the completion of the transaction, the director owned 41,700 shares of the company’s stock, valued at approximately $2,973,210. The trade was a 1.42% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Over the last three months, insiders have sold 14,300 shares of company stock valued at $977,250. Insiders own 3.96% of the company’s stock.

Prosperity Bancshares News Roundup

Here are the key news stories impacting Prosperity Bancshares this week:

• Positive Sentiment: Zacks Research raised its forecasts for several periods, including FY2026 EPS to $6.24 and FY2028 EPS to $7.86, suggesting analysts still see solid long-term earnings growth for Prosperity Bancshares. Article Title
• Positive Sentiment: Analysts also nudged up near-term estimates for Q1 2027 and Q2 2027, reinforcing expectations that earnings should continue to improve over time. Article Title
• Neutral Sentiment: Director Ned S. Holmes disclosed multiple share sales totaling 1,100 shares at about $68.78 per share. While not necessarily a major red flag, insider selling can create a cautious tone for investors. Article Title
• Neutral Sentiment: Some Zacks estimates were trimmed for later periods, including Q4 2027, Q3 2027, and FY2027, indicating analysts see a bit more uncertainty in the out-years. Article Title
• Negative Sentiment: The repeated insider sales by the same director may be interpreted by some investors as a lack of near-term conviction, which can pressure sentiment in the stock. Article Title

Prosperity Bancshares Trading Down 0.0%

Shares of PB stock opened at $69.10 on Friday. The firm has a 50-day moving average price of $67.74 and a 200 day moving average price of $69.49. Prosperity Bancshares, Inc. has a twelve month low of $61.06 and a twelve month high of $77.20. The company has a market capitalization of $6.97 billion, a price-to-earnings ratio of 12.52, a PEG ratio of 1.06 and a beta of 0.65. The company has a current ratio of 0.76, a quick ratio of 0.76 and a debt-to-equity ratio of 0.01.

Prosperity Bancshares (NYSE:PB) last announced its earnings results on Wednesday, April 29th. The bank reported $1.50 earnings per share for the quarter, beating the consensus estimate of $1.41 by $0.09. Prosperity Bancshares had a net margin of 29.50% and a return on equity of 7.20%. The firm had revenue of $367.62 million during the quarter, compared to the consensus estimate of $358.60 million. During the same quarter in the previous year, the company posted $1.37 EPS. The firm’s revenue for the quarter was up 19.9% on a year-over-year basis. Research analysts forecast that Prosperity Bancshares, Inc. will post 6.27 earnings per share for the current fiscal year.

Prosperity Bancshares Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, July 1st. Investors of record on Monday, June 15th will be paid a $0.60 dividend. The ex-dividend date of this dividend is Monday, June 15th. This represents a $2.40 annualized dividend and a yield of 3.5%. Prosperity Bancshares’s payout ratio is presently 43.48%.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on the stock. TD Cowen boosted their price objective on shares of Prosperity Bancshares from $77.00 to $79.00 and gave the stock a “buy” rating in a research report on Friday, May 1st. Piper Sandler boosted their price objective on shares of Prosperity Bancshares from $74.00 to $75.00 and gave the stock a “neutral” rating in a research report on Thursday, April 30th. Cantor Fitzgerald boosted their price objective on shares of Prosperity Bancshares from $81.00 to $83.00 and gave the stock an “overweight” rating in a research report on Tuesday, March 3rd. DA Davidson reiterated a “neutral” rating and issued a $76.00 price objective on shares of Prosperity Bancshares in a research report on Thursday, January 29th. Finally, Janney Montgomery Scott lowered shares of Prosperity Bancshares from a “buy” rating to a “neutral” rating in a research report on Tuesday, February 3rd. Five research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of $76.82.

About Prosperity Bancshares

Prosperity Bancshares, Inc is a holding company for Prosperity Bank, offering a broad range of commercial and consumer banking services across Texas, Oklahoma, Arkansas and Louisiana. Through its network of branches and digital platforms, the company provides deposit products, business and real estate lending, treasury management, mortgage origination and servicing, as well as wealth management and trust services.

Originally chartered in 1911 as First National Bank in McKinney, Texas, the organization rebranded to Prosperity Bank in 2009 following a series of strategic acquisitions aimed at deepening its regional presence.