Barclays PLC Grows Stock Holdings in BOK Financial Co. (NASDAQ:BOKF)

Barclays PLC raised its stake in shares of BOK Financial Co. (NASDAQ:BOKF - Free Report) by 67.9% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 33,658 shares of the bank's stock after acquiring an additional 13,611 shares during the period. Barclays PLC owned approximately 0.05% of BOK Financial worth $3,581,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Venturi Wealth Management LLC raised its stake in shares of BOK Financial by 33.8% during the fourth quarter. Venturi Wealth Management LLC now owns 396 shares of the bank's stock worth $42,000 after purchasing an additional 100 shares during the last quarter. CIBC Asset Management Inc raised its position in BOK Financial by 5.5% during the 4th quarter. CIBC Asset Management Inc now owns 2,041 shares of the bank's stock worth $217,000 after buying an additional 107 shares during the last quarter. US Bancorp DE lifted its stake in shares of BOK Financial by 12.5% in the 4th quarter. US Bancorp DE now owns 1,088 shares of the bank's stock worth $116,000 after acquiring an additional 121 shares during the period. Tidal Investments LLC boosted its holdings in shares of BOK Financial by 1.7% in the third quarter. Tidal Investments LLC now owns 8,919 shares of the bank's stock valued at $933,000 after acquiring an additional 147 shares in the last quarter. Finally, O Shaughnessy Asset Management LLC increased its stake in shares of BOK Financial by 7.1% during the fourth quarter. O Shaughnessy Asset Management LLC now owns 3,283 shares of the bank's stock worth $349,000 after acquiring an additional 218 shares during the period. 34.44% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on the stock. Hovde Group reduced their price objective on shares of BOK Financial from $122.00 to $110.00 and set an "outperform" rating for the company in a research report on Wednesday, April 23rd. DA Davidson dropped their price objective on BOK Financial from $122.00 to $114.00 and set a "buy" rating on the stock in a report on Wednesday, April 23rd. Stephens cut their price objective on BOK Financial from $124.00 to $110.00 and set an "equal weight" rating for the company in a research report on Wednesday, April 23rd. Raymond James set a $105.00 target price on shares of BOK Financial in a research report on Tuesday, April 22nd. Finally, StockNews.com downgraded shares of BOK Financial from a "buy" rating to a "hold" rating in a report on Monday, March 17th. Seven equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company's stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus price target of $111.60.

BOK Financial Price Performance

BOKF traded up $2.35 during midday trading on Friday, reaching $96.04. 182,352 shares of the company's stock were exchanged, compared to its average volume of 155,560. The company has a debt-to-equity ratio of 0.57, a current ratio of 0.75 and a quick ratio of 0.79. The business's 50-day moving average price is $97.60 and its 200 day moving average price is $106.84. BOK Financial Co. has a 1-year low of $85.08 and a 1-year high of $121.58. The stock has a market capitalization of $6.17 billion, a PE ratio of 11.81 and a beta of 0.93.

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

BOK Financial Profile

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.