Sierra BancorpBSRR
Market Cap: $419M
About: Sierra Bancorp is a California-based bank holding company, which offers a range of retail and commercial banking services. it offers a wide range of deposit products and services for individuals and businesses including checking accounts, savings accounts, money market demand accounts, time deposits, retirement accounts, and sweep accounts. The company's lending activities cover real estate, commercial (including small business), mortgage warehouse, agricultural, and consumer loans, and also offers commercial construction loans and multifamily and agricultural credit facilities among other types of real estate loans.
Employees: 532
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
100% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 6
9% more capital invested
Capital invested by funds: $165M [Q1] → $179M (+$14.5M) [Q2]
7% more funds holding
Funds holding: 84 [Q1] → 90 (+6) [Q2]
0% more repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 31
0.34% less ownership
Funds ownership: 55.14% [Q1] → 54.8% (-0.34%) [Q2]
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
1 analyst rating
Keefe, Bruyette & Woods Wood Lay 62% 1-year accuracy 13 / 21 met price target | 0%upside $29 | Market Perform Maintained | 23 Jul 2024 |