Dimensional Fund Advisors LP Takes $364,000 Position in Bank of SC Co. (BKSC)

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Dimensional Fund Advisors LP bought a new position in Bank of SC Co. (NASDAQ:BKSC) in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund bought 17,574 shares of the bank’s stock, valued at approximately $364,000. Dimensional Fund Advisors LP owned about 0.32% of Bank of SC as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in BKSC. Brown Advisory Inc. increased its position in shares of Bank of SC by 436.0% during the 1st quarter. Brown Advisory Inc. now owns 233,333 shares of the bank’s stock valued at $4,690,000 after purchasing an additional 189,800 shares during the last quarter. Pwmco LLC purchased a new stake in shares of Bank of SC during the 2nd quarter valued at about $1,500,000. Finally, John W. Rosenthal Capital Management Inc. increased its position in shares of Bank of SC by 10.0% during the 2nd quarter. John W. Rosenthal Capital Management Inc. now owns 78,622 shares of the bank’s stock valued at $1,627,000 after purchasing an additional 7,147 shares during the last quarter. 11.42% of the stock is owned by hedge funds and other institutional investors.

In other Bank of SC news, President Fleetwood S. Hassell purchased 2,500 shares of Bank of SC stock in a transaction dated Friday, August 17th. The stock was purchased at an average price of $20.00 per share, with a total value of $50,000.00. Following the transaction, the president now directly owns 51,834 shares of the company’s stock, valued at $1,036,680. The purchase was disclosed in a document filed with the SEC, which is available through this link. Insiders have bought a total of 3,862 shares of company stock valued at $70,860 in the last ninety days. Insiders own 28.94% of the company’s stock.

NASDAQ BKSC opened at $19.75 on Thursday. Bank of SC Co. has a 52 week low of $18.00 and a 52 week high of $23.00. The stock has a market cap of $107.18 million, a PE ratio of 18.10 and a beta of -0.11.

Bank of SC (NASDAQ:BKSC) last released its quarterly earnings results on Thursday, October 11th. The bank reported $0.32 EPS for the quarter. Bank of SC had a net margin of 29.31% and a return on equity of 13.92%.

The firm also recently declared a special dividend, which was paid on Wednesday, October 31st. Stockholders of record on Tuesday, October 9th were given a dividend of $0.10 per share. This represents a dividend yield of 2.96%. The ex-dividend date of this dividend was Friday, October 5th.

About Bank of SC

Bank of South Carolina Corporation operates as the holding company for The Bank of South Carolina that provides commercial banking services to individuals, professionals, and small and middle market businesses in South Carolina. The company offers a range of deposit products, including non-interest bearing demand accounts, NOW accounts, money market accounts, time deposits, and savings accounts, as well as certificates of deposit.

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Institutional Ownership by Quarter for Bank of SC (NASDAQ:BKSC)

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