PB Prosperity Bancshares Inc

Prosperity Bancshares (PB) is presented as a low-key regional bank that, while not trending on social media, offers profitability, resilience, and consistent dividends for long-term investors. The article contrasts PB's stable, conservative approach with more volatile, hype-driven stocks, suggesting it's suitable for those seeking stability and income rather than explosive growth.

Prosperity Bancshares Director Ned Holmes sold 600 shares of the company's stock for $42,582, reducing his stake by 1.39%. The bank recently increased its quarterly dividend to $0.60 per share, resulting in a 3.4% yield and a 42.8% payout ratio. Prosperity Bancshares currently holds a "Moderate Buy" rating from analysts with an average price target of $80.62.

Barclays has reiterated its "equal weight" rating for Prosperity Bancshares, Inc. (PB). This indicates the firm's outlook on the stock's performance relative to the broader market. The rating suggests Barclays believes PB will perform in line with the market.

Voya Investment Management LLC decreased its stake in Prosperity Bancshares (NYSE:PB) by 15.3% in the third quarter, reducing its holding to 90,342 shares valued at approximately $5.99 million. Prosperity Bancshares recently increased its quarterly dividend to $0.60 per share, offering a 3.4% yield, and reported Q3 EPS of $1.45, meeting estimates, with revenue slightly below expectations but up 3.9% year-over-year. Analysts maintain a "Moderate Buy" consensus rating with an average price target of $80.29 for the bank.

Corient Private Wealth LLC significantly reduced its stake in Prosperity Bancshares, Inc. by 35.6% in Q2, selling 17,260 shares and holding 31,207 shares valued at $2.20 million. Despite this reduction, institutional investors collectively own a substantial 80.69% of the company. Prosperity Bancshares has also increased its quarterly dividend to $0.60 per share, implying an annualized yield of approximately 3.4%, and boasts a "Moderate Buy" consensus rating from analysts with an average target price of $80.29.

Barclays has maintained an Equal-Weight recommendation for Prosperity Bancshares (PB) with an average one-year price target of $79.76, suggesting an 11.73% upside from its latest closing price. The company projects an annual revenue increase of 17.61% to $1,458MM and an annual non-GAAP EPS of $6.96. Institutional ownership remains significant, with Aqr Capital Management and Neuberger Berman Group among the top holders, despite a slight decrease in total institutional shares owned.