Barrow Hanley Mewhinney & Strauss Adds $263M in Prosperity Bancshares, Inc. ($PB)
Key Points
- Barrow Hanley Mewhinney & Strauss changed its Prosperity Bancshares, Inc. ($PB) stake by 276.6% last quarter, boosting to 4,937,028 shares worth $358.77 million.
- $PB last traded around $72.67.
Barrow Hanley Mewhinney & Strauss increased its position in Prosperity Bancshares, Inc. ($PB) by 276.6% during the most recent quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 4,937,028 shares of Prosperity Bancshares, Inc. after buying 3,625,977 shares during the quarter. Barrow Hanley Mewhinney & Strauss's holdings in Prosperity Bancshares, Inc. were worth $358.77 million as of its most recent filing.
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About Prosperity Bancshares, Inc.
Prosperity Bancshares, Inc. operates as bank holding company for the Prosperity Bank that provides financial products and services to businesses and consumers. It accepts various deposit products, such as demand, savings, money market, and time accounts; and certificates of deposit. The company also offers 1-4 family residential mortgage, commercial real estate and multifamily residential, commercial and industrial, and agricultural and non-real estate agricultural loans; construction, land development, and other land loans; consumer loans, including automobile, recreational vehicle, boat, home improvement, personal, and deposit account collateralized loans; term loans and lines of credit; and consumer durables and home equity loans, as well as loans for working capital, business expansion, and purchase of equipment and machinery. In addition, it provides digital banking, internet banking, mobile banking, trust and wealth management, retail brokerage, mortgage services, and treasury management, and debit and credit cards services. The company was incorporated in 1983 and is headquartered in Houston, Texas.
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