Bank of New York Mellon Corp grew its stake in Origin Bancorp, Inc. (NASDAQ:OBNK – Free Report) by 2.6% in the 3rd quarter, according to its most recent filing with the SEC. The firm owned 154,667 shares of the company’s stock after buying an additional 3,917 shares during the quarter. Bank of New York Mellon Corp owned 0.50% of Origin Bancorp worth $4,465,000 as of its most recent filing with the SEC.
Other hedge funds and other institutional investors have also made changes to their positions in the company. Lazard Asset Management LLC boosted its stake in shares of Origin Bancorp by 59.6% in the 1st quarter. Lazard Asset Management LLC now owns 967 shares of the company’s stock valued at $40,000 after buying an additional 361 shares during the period. Quantbot Technologies LP purchased a new position in shares of Origin Bancorp in the 1st quarter valued at about $42,000. Quadrant Capital Group LLC boosted its stake in shares of Origin Bancorp by 44.9% in the 2nd quarter. Quadrant Capital Group LLC now owns 1,527 shares of the company’s stock valued at $45,000 after buying an additional 473 shares during the period. Dark Forest Capital Management LP boosted its stake in shares of Origin Bancorp by 151.6% in the 1st quarter. Dark Forest Capital Management LP now owns 1,439 shares of the company’s stock valued at $46,000 after buying an additional 867 shares during the period. Finally, Metropolitan Life Insurance Co NY lifted its stake in Origin Bancorp by 34.5% during the second quarter. Metropolitan Life Insurance Co NY now owns 1,602 shares of the company’s stock worth $47,000 after purchasing an additional 411 shares during the last quarter. Hedge funds and other institutional investors own 47.20% of the company’s stock.
Origin Bancorp Price Performance
OBNK stock opened at $31.77 on Thursday. The business has a 50 day moving average price of $33.72 and a 200 day moving average price of $31.58. The stock has a market cap of $977.91 million, a price-to-earnings ratio of 9.90 and a beta of 0.89. Origin Bancorp, Inc. has a fifty-two week low of $25.59 and a fifty-two week high of $47.28. The company has a quick ratio of 1.00, a current ratio of 1.01 and a debt-to-equity ratio of 1.09.
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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