Aquatic Capital Management LLC Makes New $501,000 Investment in BOK Financial Co. (NASDAQ:BOKF)

Aquatic Capital Management LLC acquired a new stake in shares of BOK Financial Co. (NASDAQ:BOKF - Free Report) during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 4,708 shares of the bank's stock, valued at approximately $501,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of BOKF. Norges Bank bought a new position in BOK Financial in the fourth quarter valued at about $23,516,000. Dimensional Fund Advisors LP lifted its stake in BOK Financial by 4.3% in the 4th quarter. Dimensional Fund Advisors LP now owns 2,372,203 shares of the bank's stock valued at $252,526,000 after purchasing an additional 98,588 shares during the last quarter. FIL Ltd bought a new position in BOK Financial during the fourth quarter worth $6,281,000. Raymond James Financial Inc. acquired a new position in shares of BOK Financial in the fourth quarter valued at approximately $6,138,000. Finally, First Trust Advisors LP lifted its holdings in shares of BOK Financial by 51.7% during the fourth quarter. First Trust Advisors LP now owns 158,637 shares of the bank's stock worth $16,887,000 after buying an additional 54,075 shares in the last quarter. Institutional investors own 34.44% of the company's stock.

BOK Financial Stock Up 2.5 %

Shares of NASDAQ BOKF traded up $2.35 on Friday, reaching $96.04. 182,352 shares of the company's stock traded hands, compared to its average volume of 155,560. The company has a quick ratio of 0.79, a current ratio of 0.75 and a debt-to-equity ratio of 0.57. The business's 50 day simple moving average is $97.60 and its two-hundred day simple moving average is $106.79. BOK Financial Co. has a 12 month low of $85.08 and a 12 month high of $121.58. The company has a market cap of $6.17 billion, a price-to-earnings ratio of 11.81 and a beta of 0.93.

BOK Financial (NASDAQ:BOKF - Get Free Report) last announced its quarterly earnings data on Monday, April 21st. The bank reported $1.86 EPS for the quarter, missing the consensus estimate of $2.01 by ($0.15). The firm had revenue of $500.37 million for the quarter, compared to analysts' expectations of $520.86 million. BOK Financial had a net margin of 15.32% and a return on equity of 9.86%. As a group, equities research analysts forecast that BOK Financial Co. will post 8.83 EPS for the current fiscal year.

Analyst Ratings Changes

A number of brokerages recently issued reports on BOKF. Stephens decreased their price objective on shares of BOK Financial from $124.00 to $110.00 and set an "equal weight" rating on the stock in a research note on Wednesday, April 23rd. DA Davidson decreased their price objective on shares of BOK Financial from $122.00 to $114.00 and set a "buy" rating for the company in a research report on Wednesday, April 23rd. Raymond James set a $105.00 price target on BOK Financial in a research note on Tuesday, April 22nd. Hovde Group cut their price objective on shares of BOK Financial from $122.00 to $110.00 and set an "outperform" rating on the stock in a report on Wednesday, April 23rd. Finally, Wells Fargo & Company reduced their target price on shares of BOK Financial from $120.00 to $100.00 and set an "equal weight" rating for the company in a research report on Wednesday, April 9th. Seven research analysts have rated the stock with a hold rating and three have given a buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of "Hold" and an average price target of $111.60.

About BOK Financial

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.