Aperio Group LLC increased its position in shares of Banner Corporation (NASDAQ:BANR) by 26.6% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 9,255 shares of the financial services provider’s stock after buying an additional 1,947 shares during the quarter. Aperio Group LLC’s holdings in Banner Corporation were worth $567,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in BANR. Janus Henderson Group PLC acquired a new stake in Banner Corporation in the 2nd quarter valued at approximately $77,217,000. BlackRock Inc. increased its holdings in Banner Corporation by 6.0% in the 2nd quarter. BlackRock Inc. now owns 3,925,169 shares of the financial services provider’s stock valued at $221,812,000 after purchasing an additional 221,159 shares during the last quarter. Dimensional Fund Advisors LP increased its holdings in Banner Corporation by 6.5% in the 2nd quarter. Dimensional Fund Advisors LP now owns 1,916,291 shares of the financial services provider’s stock valued at $108,291,000 after purchasing an additional 116,608 shares during the last quarter. Renaissance Technologies LLC increased its holdings in Banner Corporation by 136.6% in the 1st quarter. Renaissance Technologies LLC now owns 102,669 shares of the financial services provider’s stock valued at $5,713,000 after purchasing an additional 59,278 shares during the last quarter. Finally, Dean Capital Management acquired a new stake in Banner Corporation in the 2nd quarter valued at approximately $3,243,000. 89.40% of the stock is currently owned by hedge funds and other institutional investors.

Shares of Banner Corporation (NASDAQ:BANR) opened at $56.84 on Friday. Banner Corporation has a 1-year low of $50.72 and a 1-year high of $62.75. The company has a debt-to-equity ratio of 0.35, a current ratio of 0.94 and a quick ratio of 0.93. The firm has a market cap of $1,864.72, a P/E ratio of 19.07, a P/E/G ratio of 2.02 and a beta of 1.07.

Banner Corporation (NASDAQ:BANR) last posted its earnings results on Wednesday, October 25th. The financial services provider reported $0.76 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.77 by ($0.01). The company had revenue of $120.55 million during the quarter, compared to analyst estimates of $123.58 million. Banner Corporation had a net margin of 19.70% and a return on equity of 7.52%. equities analysts expect that Banner Corporation will post 3.13 earnings per share for the current fiscal year.

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In other Banner Corporation news, Director Gary Sirmon sold 3,335 shares of the business’s stock in a transaction on Monday, September 18th. The shares were sold at an average price of $57.49, for a total value of $191,729.15. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, VP Cynthia D. Purcell sold 1,007 shares of the business’s stock in a transaction on Thursday, August 31st. The stock was sold at an average price of $55.61, for a total transaction of $55,999.27. The disclosure for this sale can be found here. In the last 90 days, insiders sold 4,674 shares of company stock valued at $266,423. Insiders own 1.71% of the company’s stock.

Several analysts recently weighed in on BANR shares. ValuEngine downgraded shares of Banner Corporation from a “buy” rating to a “hold” rating in a report on Tuesday, October 10th. Zacks Investment Research downgraded shares of Banner Corporation from a “hold” rating to a “sell” rating in a report on Monday, October 30th. DA Davidson downgraded shares of Banner Corporation from a “buy” rating to a “neutral” rating in a report on Thursday, October 26th. Piper Jaffray Companies reiterated a “neutral” rating on shares of Banner Corporation in a report on Friday, October 27th. Finally, BidaskClub downgraded shares of Banner Corporation from a “hold” rating to a “sell” rating in a report on Thursday, July 27th. One investment analyst has rated the stock with a sell rating and five have issued a hold rating to the company. The company has an average rating of “Hold” and a consensus target price of $60.67.

About Banner Corporation

Banner Corporation is a bank holding company. The Company is engaged in the business of planning, directing and coordinating the business activities of its subsidiaries, Banner Bank and Islanders Bank. Banner Bank is a Washington-chartered commercial bank. Banner Bank is a regional bank, which offers a range of commercial banking services and financial products to individuals, businesses and public sector entities in its primary market areas.

Institutional Ownership by Quarter for Banner Corporation (NASDAQ:BANR)

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