BOK Financial Co. (NASDAQ:BOKF - Get Free Report) Director Steven Bangert sold 3,000 shares of the stock in a transaction that occurred on Friday, May 3rd. The shares were sold at an average price of $91.66, for a total transaction of $274,980.00. Following the transaction, the director now owns 47,985 shares in the company, valued at $4,398,305.10. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.
BOK Financial Trading Down 0.1 %
NASDAQ:BOKF opened at $92.49 on Wednesday. BOK Financial Co. has a 12 month low of $62.42 and a 12 month high of $93.73. The company has a current ratio of 0.82, a quick ratio of 0.82 and a debt-to-equity ratio of 1.34. The company has a 50-day moving average price of $88.61 and a 200-day moving average price of $82.31. The stock has a market cap of $5.97 billion, a price-to-earnings ratio of 13.48 and a beta of 1.20.
BOK Financial (NASDAQ:BOKF - Get Free Report) last issued its quarterly earnings data on Tuesday, April 30th. The bank reported $1.91 EPS for the quarter, topping the consensus estimate of $1.72 by $0.19. BOK Financial had a net margin of 13.93% and a return on equity of 10.52%. The business had revenue of $806.91 million during the quarter, compared to analyst estimates of $473.70 million. During the same period last year, the business posted $2.43 earnings per share. Equities analysts predict that BOK Financial Co. will post 7.53 EPS for the current year.
BOK Financial Dividend Announcement
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The company also recently declared a quarterly dividend, which will be paid on Thursday, May 30th. Investors of record on Wednesday, May 15th will be paid a $0.55 dividend. The ex-dividend date is Tuesday, May 14th. This represents a $2.20 annualized dividend and a yield of 2.38%. BOK Financial's payout ratio is 32.07%.
Analyst Ratings Changes
A number of equities analysts recently commented on BOKF shares. Citigroup lifted their target price on shares of BOK Financial from $90.00 to $92.00 and gave the stock a "neutral" rating in a research report on Wednesday, March 13th. Hovde Group lifted their price objective on BOK Financial from $96.00 to $97.00 and gave the stock a "market perform" rating in a report on Thursday, April 25th. Truist Financial dropped their target price on BOK Financial from $99.00 to $97.00 and set a "hold" rating for the company in a report on Friday, April 26th. Stephens lifted their price target on BOK Financial from $96.00 to $98.00 and gave the stock an "equal weight" rating in a research note on Thursday, January 25th. Finally, StockNews.com raised BOK Financial from a "sell" rating to a "hold" rating in a research note on Thursday, May 2nd. Ten analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. Based on data from MarketBeat, BOK Financial has a consensus rating of "Hold" and an average price target of $97.10.
View Our Latest Report on BOKF
Hedge Funds Weigh In On BOK Financial
A number of institutional investors have recently added to or reduced their stakes in the company. Covestor Ltd grew its position in shares of BOK Financial by 214.0% in the 3rd quarter. Covestor Ltd now owns 314 shares of the bank's stock worth $25,000 after buying an additional 214 shares during the period. VisionPoint Advisory Group LLC grew its holdings in BOK Financial by 102.1% in the third quarter. VisionPoint Advisory Group LLC now owns 380 shares of the bank's stock worth $30,000 after purchasing an additional 192 shares during the period. GAMMA Investing LLC bought a new position in shares of BOK Financial during the fourth quarter valued at approximately $41,000. Mitsubishi UFJ Trust & Banking Corp purchased a new position in shares of BOK Financial during the third quarter valued at approximately $78,000. Finally, Quest Partners LLC bought a new stake in shares of BOK Financial in the 4th quarter worth approximately $134,000. Institutional investors own 34.44% of the company's stock.
BOK Financial Company Profile
(
Get Free Report)
BOK Financial Corporation operates as the financial holding company for BOKF, NA that provides various financial products and services in Oklahoma, Texas, New Mexico, Northwest Arkansas, Colorado, Arizona, and Kansas/Missouri. It operates through three segments: Commercial Banking, Consumer Banking, and Wealth Management.
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