BidaskClub upgraded shares of Equity BancShares (NASDAQ:EQBK) from a hold rating to a buy rating in a research report sent to investors on Friday.

Other analysts also recently issued research reports about the stock. Keefe, Bruyette & Woods reaffirmed a buy rating and set a $41.00 target price on shares of Equity BancShares in a report on Tuesday, October 3rd. Zacks Investment Research downgraded shares of Equity BancShares from a hold rating to a sell rating in a report on Tuesday, October 31st. One analyst has rated the stock with a sell rating, two have assigned a hold rating and four have assigned a buy rating to the stock. The stock currently has a consensus rating of Hold and an average price target of $33.00.

Shares of Equity BancShares (EQBK) opened at $36.30 on Friday. The company has a market cap of $530.16, a PE ratio of 26.69 and a beta of 1.02. The company has a debt-to-equity ratio of 0.70, a quick ratio of 0.83 and a current ratio of 0.83. Equity BancShares has a twelve month low of $29.13 and a twelve month high of $36.99.

In other Equity BancShares news, Director Michael R. Downing sold 10,023 shares of the business’s stock in a transaction dated Tuesday, December 5th. The shares were sold at an average price of $35.00, for a total value of $350,805.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Insiders own 14.90% of the company’s stock.

A number of hedge funds and other institutional investors have recently bought and sold shares of EQBK. SG Americas Securities LLC acquired a new position in shares of Equity BancShares in the 3rd quarter valued at approximately $109,000. Brandywine Global Investment Management LLC acquired a new position in shares of Equity BancShares in the 2nd quarter valued at approximately $118,000. Metropolitan Life Insurance Co. NY acquired a new position in shares of Equity BancShares in the 1st quarter valued at approximately $164,000. Wells Fargo & Company MN raised its position in shares of Equity BancShares by 1.8% in the 2nd quarter. Wells Fargo & Company MN now owns 5,775 shares of the bank’s stock valued at $177,000 after buying an additional 103 shares in the last quarter. Finally, Nationwide Fund Advisors raised its position in shares of Equity BancShares by 53.4% in the 2nd quarter. Nationwide Fund Advisors now owns 6,375 shares of the bank’s stock valued at $195,000 after buying an additional 2,218 shares in the last quarter. 61.82% of the stock is owned by hedge funds and other institutional investors.

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About Equity BancShares

Equity Bancshares, Inc is a bank holding company. The Company’s principal activity is the ownership and management of its subsidiary, Equity Bank (the Bank). The Bank provides a range of financial services primarily to businesses and business owners, as well as individuals through its network of over 30 branches located in Kansas and Missouri.

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