UMB Bank N A MO decreased its position in Equity BancShares Inc (NASDAQ:EQBK) by 5.8% during the 1st quarter, according to the company in its most recent filing with the SEC. The fund owned 90,375 shares of the bank’s stock after selling 5,600 shares during the quarter. UMB Bank N A MO owned 0.59% of Equity BancShares worth $1,559,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of EQBK. Great West Life Assurance Co. Can bought a new stake in shares of Equity BancShares in the 4th quarter worth about $44,000. Bank of Montreal Can grew its holdings in shares of Equity BancShares by 43.6% in the 4th quarter. Bank of Montreal Can now owns 1,872 shares of the bank’s stock worth $58,000 after purchasing an additional 568 shares during the last quarter. Citigroup Inc. grew its holdings in Equity BancShares by 35.1% during the 1st quarter. Citigroup Inc. now owns 4,348 shares of the bank’s stock worth $75,000 after acquiring an additional 1,130 shares during the last quarter. BNP Paribas Arbitrage SA grew its holdings in Equity BancShares by 163.7% during the 1st quarter. BNP Paribas Arbitrage SA now owns 4,649 shares of the bank’s stock worth $80,000 after acquiring an additional 2,886 shares during the last quarter. Finally, Deutsche Bank AG grew its holdings in Equity BancShares by 93.0% during the 1st quarter. Deutsche Bank AG now owns 9,569 shares of the bank’s stock worth $165,000 after acquiring an additional 4,611 shares during the last quarter. 66.62% of the stock is currently owned by institutional investors and hedge funds.

A number of equities research analysts have commented on EQBK shares. BidaskClub lowered shares of Equity BancShares from a “hold” rating to a “sell” rating in a report on Tuesday, May 5th. Stephens increased their price objective on shares of Equity BancShares from $20.00 to $22.00 and gave the stock an “overweight” rating in a report on Friday, May 1st. ValuEngine downgraded shares of Equity BancShares from a “hold” rating to a “sell” rating in a research report on Sunday, May 3rd. Finally, Zacks Investment Research upgraded shares of Equity BancShares from a “strong sell” rating to a “hold” rating in a research report on Monday, May 25th. Two research analysts have rated the stock with a sell rating, two have issued a hold rating and one has given a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average target price of $26.00.

Shares of NASDAQ:EQBK traded down $0.91 during mid-day trading on Friday, reaching $15.78. The stock had a trading volume of 466 shares, compared to its average volume of 84,356. The firm has a market cap of $245.90 million, a PE ratio of 8.52 and a beta of 0.86. The firm has a 50 day simple moving average of $16.28 and a two-hundred day simple moving average of $22.38. The company has a current ratio of 0.88, a quick ratio of 0.88 and a debt-to-equity ratio of 0.93. Equity BancShares Inc has a twelve month low of $12.49 and a twelve month high of $31.91.

Equity BancShares (NASDAQ:EQBK) last announced its quarterly earnings results on Wednesday, April 29th. The bank reported $0.08 earnings per share for the quarter, missing analysts’ consensus estimates of $0.46 by ($0.38). The firm had revenue of $37.40 million during the quarter, compared to analyst estimates of $37.51 million. Equity BancShares had a net margin of 15.63% and a return on equity of 6.98%. On average, equities analysts anticipate that Equity BancShares Inc will post 1.53 EPS for the current fiscal year.

Equity BancShares Company Profile

Equity Bancshares, Inc operates as a bank holding company for Equity Bank that provides a range of financial services primarily to businesses, business owners, and individuals. The company accepts various deposit products, including demand, savings, money market, and time deposits. Its loan products include commercial and industrial, commercial real estate-backed, commercial lines of credit, working capital, term, equipment financing, acquisition, expansion and development, borrowing base, real estate construction loans, homebuilder, agricultural, government guaranteed, and other loans, as well as letters of credit to national and regional companies, restaurant franchisees, hoteliers, real estate developers, manufacturing and industrial companies, agribusiness companies, and other businesses.

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Institutional Ownership by Quarter for Equity BancShares (NASDAQ:EQBK)

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