American Century Companies Inc. raised its position in shares of Origin Bancorp, Inc. (NASDAQ:OBNK – Free Report) by 13.8% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,106,074 shares of the company’s stock after acquiring an additional 133,834 shares during the quarter. American Century Companies Inc. owned approximately 3.59% of Origin Bancorp worth $35,560,000 as of its most recent SEC filing.
Other hedge funds have also made changes to their positions in the company. Signaturefd LLC raised its holdings in shares of Origin Bancorp by 85.3% during the first quarter. Signaturefd LLC now owns 769 shares of the company’s stock valued at $25,000 after acquiring an additional 354 shares during the last quarter. Lazard Asset Management LLC grew its position in shares of Origin Bancorp by 59.6% in the first quarter. Lazard Asset Management LLC now owns 967 shares of the company’s stock valued at $40,000 after purchasing an additional 361 shares in the last quarter. Quantbot Technologies LP purchased a new stake in shares of Origin Bancorp in the first quarter valued at approximately $42,000. Zurcher Kantonalbank Zurich Cantonalbank grew its position in shares of Origin Bancorp by 31.3% in the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,503 shares of the company’s stock valued at $92,000 after purchasing an additional 596 shares in the last quarter. Finally, Citigroup Inc. grew its position in shares of Origin Bancorp by 102.1% in the first quarter. Citigroup Inc. now owns 3,300 shares of the company’s stock valued at $106,000 after purchasing an additional 1,667 shares in the last quarter. Institutional investors and hedge funds own 47.20% of the company’s stock.
Origin Bancorp Price Performance
OBNK stock opened at $29.97 on Tuesday. The company has a debt-to-equity ratio of 1.09, a current ratio of 1.01 and a quick ratio of 1.00. The business has a 50 day simple moving average of $31.02 and a 200-day simple moving average of $31.86. The firm has a market capitalization of $922.51 million, a PE ratio of 9.34 and a beta of 0.89. Origin Bancorp, Inc. has a 1 year low of $25.59 and a 1 year high of $47.28.
Origin Bancorp Company Profile
Origin Bancorp, Inc is a bank holding company, which engages in the provision of financial services to small and medium-sized businesses, municipalities, high net worth individuals, and retail clients. The firm’s products and services include lending, deposits, mortgage banking, and insurance. It also offers other banking services such as Internet banking and voice response information, mobile applications, cash management, overdraft protection, direct deposit, safe deposit boxes, U.S.
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