Equity Bancshares, Inc. (NASDAQ:EQBK) has earned a consensus rating of “Hold” from the six ratings firms that are presently covering the company, Marketbeat reports. One investment analyst has rated the stock with a sell recommendation, two have assigned a hold recommendation and three have given a buy recommendation to the company. The average twelve-month price objective among analysts that have issued ratings on the stock in the last year is $30.33.

Several analysts have issued reports on EQBK shares. FBR & Co reaffirmed a “buy” rating and set a $40.00 target price on shares of Equity Bancshares in a research report on Friday, April 21st. Zacks Investment Research cut Equity Bancshares from a “hold” rating to a “sell” rating in a research report on Friday, March 24th. Cowen and Company started coverage on Equity Bancshares in a research report on Wednesday. They set a “market perform” rating and a $14.00 target price on the stock. Sandler O’Neill started coverage on Equity Bancshares in a research report on Wednesday. They set a “buy” rating on the stock. Finally, Keefe, Bruyette & Woods reaffirmed a “buy” rating and set a $37.00 target price on shares of Equity Bancshares in a research report on Wednesday, May 24th.

Shares of Equity Bancshares (NASDAQ:EQBK) traded down 0.97% on Wednesday, reaching $31.67. The company’s stock had a trading volume of 135,392 shares. Equity Bancshares has a one year low of $19.81 and a one year high of $38.03. The firm has a 50-day moving average price of $30.82 and a 200 day moving average price of $32.27. The firm has a market capitalization of $386.50 million, a PE ratio of 28.45 and a beta of 1.02.

In other news, EVP Julie A. Huber sold 6,578 shares of the stock in a transaction on Wednesday, May 3rd. The stock was sold at an average price of $31.58, for a total transaction of $207,733.24. Following the completion of the sale, the executive vice president now owns 48,654 shares in the company, valued at approximately $1,536,493.32. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, EVP Julie A. Huber sold 1,300 shares of the stock in a transaction on Wednesday, May 31st. The shares were sold at an average price of $29.91, for a total value of $38,883.00. Following the sale, the executive vice president now owns 42,382 shares of the company’s stock, valued at approximately $1,267,645.62. The disclosure for this sale can be found here. Insiders have acquired a total of 6,010 shares of company stock worth $183,557 in the last ninety days. Insiders own 14.90% of the company’s stock.

Hedge funds have recently modified their holdings of the stock. RMB Capital Management LLC raised its stake in shares of Equity Bancshares by 65.1% in the first quarter. RMB Capital Management LLC now owns 652,442 shares of the bank’s stock valued at $20,728,000 after buying an additional 257,175 shares in the last quarter. Mendon Capital Advisors Corp raised its stake in shares of Equity Bancshares by 44.1% in the first quarter. Mendon Capital Advisors Corp now owns 446,480 shares of the bank’s stock valued at $14,185,000 after buying an additional 136,622 shares in the last quarter. Vanguard Group Inc. raised its stake in shares of Equity Bancshares by 79.5% in the first quarter. Vanguard Group Inc. now owns 228,337 shares of the bank’s stock valued at $7,254,000 after buying an additional 101,113 shares in the last quarter. Renaissance Technologies LLC raised its stake in shares of Equity Bancshares by 48.6% in the first quarter. Renaissance Technologies LLC now owns 112,200 shares of the bank’s stock valued at $3,565,000 after buying an additional 36,682 shares in the last quarter. Finally, Commerce Bank raised its stake in shares of Equity Bancshares by 513.5% in the first quarter. Commerce Bank now owns 54,821 shares of the bank’s stock valued at $1,742,000 after buying an additional 45,885 shares in the last quarter. Hedge funds and other institutional investors own 55.74% of the company’s stock.

TRADEMARK VIOLATION NOTICE: This story was originally reported by Financial Market News and is the property of of Financial Market News. If you are viewing this story on another website, it was illegally stolen and republished in violation of United States & international copyright law. The correct version of this story can be accessed at https://www.financial-market-news.com/2017/06/17/analysts-set-equity-bancshares-inc-eqbk-pt-at-30-33.html.

About Equity Bancshares

Equity Bancshares, Inc is a bank holding company. The Company’s principal activity is the ownership and management of its subsidiary, Equity Bank (the Bank). The Bank provides a range of financial services primarily to businesses and business owners, as well as individuals through its network of over 30 branches located in Kansas and Missouri.

Receive News & Ratings for Equity Bancshares Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Equity Bancshares Inc. and related companies with MarketBeat.com's FREE daily email newsletter.